Healthcare Personal Protective Equipment Market Value to Garner US$ 72 Bn by 2027
LOS ANGELES, June 16, 2020 /PRNewswire/ -- Acumen Research and Consulting, Recently Published Report on 'Healthcare Personal Protective Equipment (PPE) Market (By Type: Head, Eye & Face Protection, Respiratory Protection, Hearing Protection, Hand Protection, Protective Clothing, Protective Footwear, Others; By End User: Diagnostic Laboratories, Hospitals and Clinics, Research Institutes, Ambulatory Surgical Centers, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027'.
The healthcare personal protective equipment market value is expected to garner of around US$ 72 Bn by 2027 with remarkable CAGR of 7% from 2020 – 2027.
Key factor that is expected to lead the market will be increasing awareness of worker's health and safety. Moreover, increasing deaths owing to the occurrence of diseases due to lack of PPE is also contributing to the market growth. Increased healthcare staff wellbeing and safety issues are being raised by government officials. In addition, several protections have been provided by governing bodies in different countries. Several laws and guidelines by the government allow end-use businesses to use worker safety equipment.
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COVID-19 Epidemic to Strengthen Demand for Healthcare PPE
The epidemic of coronavirus (COVID-19) triggered strong demand for personal safety products. The World Health Organization (WHO) invited governments and factories in February 2020 to raise the output of EPPs by 40% to satisfy the increasing demand. Various personal security equipments include boots, shoe covers, front masks, mask or robes, etc. Numerous steps to protect staff from exposure to new coronavirus are being taken. COVID-19 PPE depends on the type of work done and the preventing risk of infection, including the likelihood of contact with infected individuals and biomedical waste in the work environment. Employers should also adopt strategies for the control of infections, such as safe practices, suitable combination of administrative and engineering controls and use of personal protective equipment (PPE) to prevent workers exposure.
The Ministry of Health and Family Welfare Department, Health Services and the OSHA guidelines give different directives on the use of the PPE, in order to prevent further the transmission of this infectious disease. Such recommendations are designed to protect health personnel and those who work in POEs (entry points), hospitals, quarantine centres, treatment facilities and laboratories.
The WHO cautioned in March 2020 that severe interferences in the worldwide supply of personal protective equipment (PPE), which are triggered by growing competition and hysteria, stockpiling and misuse put life at risk as a result of coronaviruses and other infectious diseases. An additional 89 Mn medical masks are required per month for the COVID-19 response, according to the WHO modeling. The number for exam gloves hits 76 Mn, while worldwide demand for gloves amounts to 1.6 Mn per month. In addition, the OSHA has partnered up with numerous health and safety organizations with innovative concepts and approaches in order to increase awareness of health and safety. In collaboration with industry participants, these efforts by companies to strengthen health conditions are expected to fuel the sector.
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Regional Stance
The European Commission has proposed that derogations from compliance testing procedures approved by the Member States be permitted for fair promotion and placing on the market, in order to improve access by EU to human personal protection equipment (PPEs), surgical masks and related equipment as well as respiratory equipment and IVD test kits to diagnose coronavirus infections
Key Players & Strategies
Participants include major global players such MSA Safety Inc., 3M, Ansell Limited, Kimberly-Clark Corporation, E I DuPont de Nemours and Co., Lakeland Industries, Inc., Honeywell International Inc., Sioen Industries NV, and Radians, Inc., Others.
2020, Honeywell announced that its activities will be extended in its Smithfield, R.I. The factory will also produce Mns of N95 masks for eye care goods. Honeywell announced that at least 500 additional staff would soon be hired to assist attempts to bring masks to the United States.
2020, the FDA announced that it was taking steps to raise U.S. stocks in response to COVID-19 in favor of the development of personal protective equipment and other products. Among other steps, which include product screening improvements, manufacturer's versatility and the development of special mailbox facilities.
Market Segmentation
Healthcare PPE Market By Type
- Head, Eye & Face Protection
- Respiratory Protection
- Hearing Protection
- Hand Protection
- Protective Clothing
- Protective Footwear
- Others
Healthcare PPE Market By End User
- Diagnostic Laboratories
- Hospitals and Clinics
- Research Institutes
- Ambulatory Surgical Centers
- Others
Healthcare PPE Market By Geography
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
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