The Global Healthcare Personal Protective Equipment (PPE) market is estimated to grow at an enormous rate on account of spread of COVID-19 worldwide and escalating concern of the people regarding health and hygiene. Moreover, fostering investment towards the development of advanced PPEs products such as 3D face shield and emanating use of PPEs such as mask and gloves in the other verticals apart from hospital to curb the spreading of virus is also accelerating the growth of healthcare personal protective equipment (PPE) market in the forecast period.
According to MarkNtel Advisors’ research report “Global Healthcare Personal Protective Equipment (PPE) Market Analysis, 2020”, the Global Healthcare PPE market is anticipated to grow at a CAGR of around 7.8% during 2020-25. The wake of COVID-19 has optimistically impacted the market growth of the PPE in the healthcare industry. Escalating significance of personnel safety at healthcare facilities and rise in people awareness towards the use of PPEs along with boost in the production of PPEs such as masks, respirators, and gloves in various developed and developing countries to meet the demand is projected to place a lucrative opportunity for the growth of healthcare PPE market in the forthcoming years.
“Global Healthcare Personal Protective Equipment (PPE) Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Healthcare PPE providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Asia Pacific Acquired Significant Market Share
North America Asia-Pacific grabbed the significant market share in the Global Healthcare PPE market. US dominated the North America healthcare PPE market on account of laid down of strict government norms in U.S. for the use of PPEs regarding the safety of doctors, patients, and other workers in hospitals. However, penalties associated with non-compliance of the standards and spur in the use of PPEs among the people has increased the adoption of PPEs in the country. Hence, this is anticipated to fuel the demand for PPEs in the country in the forecasted period.
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Healthcare PPE market are 3M, Honeywell International Inc., Ansell, Sterimed, Medisca Inc., DePuy Synthes, Inc., Plasti Surge Industries Pvt., Alpha Pro Tech, Cardinal Health, Kimberly-Clark Worldwide, Inc., etc.
Moreover, the demand for PPE in the Asia-Pacific region is also burgeoning at an astronomical rate on account of emergence of market players in the region, mounting government focus towards healthcare facilities, and high target populace in the countries such as India and China. In addition, the significant rise in the number of COVID-19 patient in the country such as India and mushrooming use of PPEs such as face mask, gloves by various industry such as mining, manufacturing facilities etc., is predicted to fuel the market of Asia-Pacific Healthcare PPE market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Healthcare Personal Protective Equipment (PPE) Market Analysis, 2020”.
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