Global N95 Respirators and Other Surgical Masks Market Revenue, Segment and Growth Analysis to 2030


Posted May 11, 2020 by priyapraksh98

Masks (N95 Respirators and Other Surgical Masks) Market Global Report 2020: Covid 19 Implications and Growth covers this critical market and the impact on it from the Covid 19 virus.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Masks (N95 Respirators and Other Surgical Masks) Global Market Report 2020-30”under Medical Devices Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Masks (N95 Respirators and Other Surgical Masks) Market Global Report 2020: Covid 19 Implications and Growth covers this critical market and the impact on it from the Covid 19 virus.

It provides strategists, marketers and senior management with the critical information they need to assess the increasing demand for masks (N95 respirators and other surgical masks) which play a critical role in the treatment of patients with Covid 19.

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Description:
Where is the largest and fastest growing market for the masks (n95 respirators and other surgical masks)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Masks (N95 Respirators and Other Surgical Masks) market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider masks (n95 respirators and other surgical masks) market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The masks (n95 respirators and other surgical masks) market section of the report gives context. It compares the masks (n95 respirators and other surgical masks) market with other segments of the masks (n95 respirators and other surgical masks) market by size and growth, historic and forecast.

It analyses GDP proportion, expenditure per capita, masks (n95 respirators and other surgical masks) indicators comparison.

Scope
Markets Covered: 1) By Type: N95 Respirator; Common Grade Surgical Mask; Others (Comfort Masks/Dust Masks); 2) By End-User: Hospital and Clinics; Individual; Industrial; Others

Companies Mentioned: 3M Company; Smith and Nephew; Molnlycke Healthcare; Medline Industries; Johnson and Johnson

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA and Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Major players in the N95 respirators and other surgical masks market are 3M Company, Smith and Nephew, Molnlycke Healthcare, Medline Industries, Johnson and Johnson, DUKAL Corporation, Key Surgical, DYNAREX, CM, and ZHONGT.

The global masks (N95 and other surgical masks) market is expected to grow from $1 billion in 2019 to about $8.1 billion in 2020 as there is a massive surge in demand owing to the preventive measures being taken across the globe against the spread of Covid-19. The market is expected to stabilize and reach $1.3 billion at a CAGR of 5.7% through 2023.

The masks market is experiencing an exponential growth due to the Covid-19 pandemic. This is because the covid-19 is a severe acute respiratory syndrome, which can be transmitted through airborne droplets, which masks can potentially block. Masks are therefore essential equipment for staff dealing with infectious patients. In addition, many other workers and individuals are using face masks as a precautionary measure.

The market for N95 respirators and other surgical masks (face masks) consists of sales of N95 respirators and other surgical face masks used as personal protective equipment to protect the wearer from airborne particles and from liquid contaminating the face. The market consists of revenue generated by companies manufacturing the N95 respirators and surgical face masks by the sales of these products.

Asia Pacific was the largest region in the masks market in 2019.

Concerns regarding the disposal of non-woven disposables have always been a major challenge. Non-woven disposable surgical masks are made up of poly propylene which is a non-biodegradable material which cannot be decomposed by natural means.

According to the Environmental Protection Agency, containers and packaging are a huge portion of solid waste in the United States – 77.9 million tons of packaging waste was generated in 2015 alone. These factors are expected to have a negative impact on the disposable surgical mask market as regulatory agencies will take stringent actions regarding disposal of these non-biodegradable masks. This may have a negative impact on the market.

The shift towards disposable devices in developed countries is one of the major trends in the market. Disposable masks eliminate the need for product sterilization and reduce cross-contamination with other reusable products. They are also cost-effective, and prevent contamination and reduce hospital stay, whereas reusable non-woven, masks need to be decontaminated, washed, sterilized for every reuse.

Although, reusable surgical face masks can be sterilized and laundered for reuse but are less protective and more time-consuming for production as well as washing and sterilization for reuse. According to the FDA, surgical masks are not intended to be used more than once.

This can rise the adoption of disposable respiratory masks. Disposable surgical face masks are often perceived to have protective advantages over reusable surgical face masks as they must be immediately discarded as bio-hazardous materials.

Rise in outbreak of airborne diseases contributed to the growth of the masks market. Airborne transmission of infectious agents refers to the transmission of disease caused by dissemination of droplet nuclei that remain infectious when suspended in air over long distance and time.

Precautions that create a barrier and procedures that decrease or eliminate the microbe in the environment or on personal belongings, form the basis of interrupting transmission of direct contact diseases. The spread of airborne diseases like seasonal influenza kills 200–500 thousand people annually, influenza A (H1N1) caused 17,000 deaths worldwide, many among whom were healthy adults. In 2002-2003, severe acute respiratory syndrome (SARS) killed more than 700 people and spread into 37 countries causing a cost of $18 billion in Asia.

These recent outbreaks remind us of the potential for a pandemic such as the Spanish flu of 1918–1920 which killed 50–100 million people and now it is the recent outbreak of Covid-19. This is expected to drive the growth of the masks market by several folds in the short term.

Browse our full report with Table of Content: https://www.bharatbook.com/marketreports/masks-n95-respirators-and-other-surgical-masks-global-market-report-2020-30/2050749

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Last Updated May 11, 2020