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Healthcare Personal Protective Equipment Global Market Size, Share Analysis And Trends By 2033
Healthcare Personal Protective Equipment Global Market Size
According to The Business Research Company's, The healthcare personal protective equipment market size has grown rapidly in recent years. It will grow from $23.04 billion in 2023 to $25.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to healthcare personal protective equipment, increasing number of surgeries, growing awareness of the importance of healthcare worker safety, growing awareness of the risks of occupational exposure.
The healthcare personal protective equipment market size is expected to see rapidly grown in the next few years. It will grow to $41.54 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to continued infectious disease threats, aging population, climate change, global health security initiatives, telehealth and remote care. Major trends in the forecast period include technology-integrated ppe, sustainable and eco-friendly ppe, customized and ergonomic ppe, localized manufacturing, antimicrobial ppe.
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Market Drivers and Trends:
The increasing prevalence of infectious diseases is expected to propel the growth of the healthcare personal protective equipment market going forward. An infectious disease is a type of illness that is caused by microorganisms, such as bacteria, viruses, fungi, or parasites, that can enter the body and disrupt its normal functioning. Tuberculosis is one type of infectious disease. Healthcare personal protective equipment is crucial in preventing the spread of infectious diseases and safeguarding both patients and healthcare workers. Proper usage helps minimize exposure and contamination risks. For instance, in August 2023, according to a report published by the Government Digital Service, a UK-based government body, a total of 4,425 people received tuberculosis notifications in 2021, for a notification rate of 7.8 per 100,000 people. In comparison to 2020, this represents an increase in both the number of notifications and the rate of 6.8%. Therefore, the increasing prevalence of infectious diseases is driving the growth of the healthcare personal protective equipment market.
Major companies operating in the healthcare personal protective equipment market are focused on developing smart personal protective equipment to gain a competitive edge in the market. Smart personal protective equipment integrates advanced technology for enhanced safety and monitoring. For instance, in June 2021, Gales Inc., a US-based manufacturer of footwear for healthcare professionals, launched the first-ever Smart PPE Footwear designed specifically for nurses and healthcare workers. The exterior of the shoe is equipped with built-in antimicrobial protection, helping to prevent the growth of bacteria and fungi. Gales shoes are waterproof, making them easy to clean and maintain and providing an additional layer of protection for healthcare workers.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
3M Co.; MSA Safety Inc.; Ansell Limited; Honeywell International Inc.; E I DuPont de Nemours and Co.; Kimberly-Clark Corporation; Lakeland Industries; Alpha Pro Tech Ltd.; Sioen Industries NV; Radians Inc.; Medline Industries; Sterimed SAS; Medisca Inc.; Plasti Surge Industries Pvt.; Cardinal Health; Crosstex International Inc.; Med-Con; priMED Medical Products Inc.; Halyard Health; Kowa Company Ltd.; Baxter International Inc.BD; Boston Scientific Corporation; Dentsply Sirona Inc.; DePuy Synthes Inc.; Derekduck Industry Corp.; Ethicon Inc.; Medtronic plc; Stryker Corporation; Zimmer Biomet Holdings Inc.; Unicharm India Pvt. Ltd.; Japan Vilene Company
Healthcare Personal Protective Equipment Market 2024 Key Insights:
• The healthcare personal protective equipment market size will grow to $41.54 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%.
• Rising Prevalence Of Infectious Diseases Fuels Healthcare Personal Protective Equipment
• Increasing Focus On Introducing Smarthealthcare Personal Protective Equipmentto Gain A Competitive Edge
• North America was the largest region in the healthcare personal protective equipment market in 2023
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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