The latest report on N95 medical protective market by Precedence Research, Market Insight, Overview By Industry Top Manufactures, Size, Trends, Industry Growth Analysis & Forecast till 2027. The research report offers complete information related to market growth, demand and supply, opportunities and research updates in the N95 medical protective Market.
The report analyzes and forecasts the N95 medical protective market at a global and regional level. The study includes drivers and restraints of this market. The study provides an analysis of the global N95 medical protective market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2020 is considered as the base year.
The global N95 medical protective market size is projected to be valued at USD 1.58 billion by 2027.
Emerging and re-emerging communicable sicknesses are appeared to be a communal health threat across the world. Requirement for continuous responsiveness and willingness and attentiveness to deal with communicable disease epidemics has been witnessed, which may lead a hazardous threat to the human kind. The worldwide upsurge in the occurrence of air-borne diseases and contamination levels has been inspiring a substantial number of buyers to opt for disposable face masks.
The N95 grade medical protective masks have been recommended by the healthcare professionals and scientists as preventive equipment from the novel coronavirus infection spreading throughout the world. According to World Health Organization, individuals across 213 nations are suffering from Covid-19 in April, 2020. On account of growing cases of Covid-19 infection, the N95 grade medical protective masks marketplace is projected to observe noteworthy growth prospects during near future.
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The COVID-19 outbreak has amplified the sale for N95 masks, exclusively for healthcare professionals as this mask is explicitly endorsed for doctors and nurses
The government organizations across all nations are imposing compulsory act of utilizing the face mask for the fortification from the communicable coronavirus.
At present, travelers and tourists coming into the metropolises and roaming across the nations are constrained and Covid-19 testing is made mandatory for them.
In March 2020, Honeywell extended its production competences in Phoenix to manufacture N95 face masks for assistance of U.S. government’s response to COVID19 pandemic.
North America is projected to gather highest chunk of the global N95 mask market revenue throughout the prediction period. Recently, the U.S. FDA has started an emergency usage authorization for the cleansing practice presented by Advanced Sterilization Products that may result in the sterilization of more than 4 million N95 masks on a daily basis. The respirators are cleaned with the help of hydrogen peroxide. More than 9,900 machines are operating currently in the U.S. and every machine is proficient to process more than 480 masks each day. Also shoe companies such as new balance have commenced in producing face masks and they are planning manufacturing more than 100,000 face masks weekly from facility situated in Lawrence and Massachusetts. Such initiatives undertaken by non-healthcare corporations have delivered profitable openings for the N95 grade medical protective masks market growth in this region. Europe is anticipated to emerge as second prevalent market through the prognosis period on account of epidemic of the Covid-19.
Well-established corporations are expected to goal for geographical expansion, in an attempt to achieve a more substantial brand reputation. Capacity enlargement is estimated to continue as the favored competitive approach for noticeable market contestants to remain competitive. Recently, 3M Company has ramped up its N95 respirators production, doubling its usual output in a response with global shortages of masks caused by Covid-19 outbreak. It is now producing around 100 million N95 respirators per month across the globe, with 35 million of these being manufactured in the U.S. Although 3M endures to govern N95 respirators marketplace, the robust sales growth was also witnessed for smaller companies like Moldex-Metric, Inc. and Alpha ProTech Inc.
Mask without Exhalation Valve
Mask with Exhalation Valve
- North America (United States, Canada)
- Europe (Germany, France, UK, Italy, Russia and Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia, Korea and Rest of Asia Pacific)
- Latin America (Brazil and Rest of Latin America)
- The Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
What Our Report Offers:
1. N95 medical protective market estimates of all the key segments, sub-segments, and the regional markets from 2020 to 2027.
2. Market Trends (Drivers, Restraints, Opportunities, Threats, Challenges, Investment Analysis, and Key Proposals).
3. Market share appraisals for all the local and the global regional segments.
4. Strategic recommendations in N95 medical protective key business sections in light of the market estimations.
5. Competitive analysis detailing the key growth trends and inclinations.
6. Market share and size of all the foremost industry players.
7. Strategic proposals for the new participants.
8. Company profiling with comprehensive approaches and methodologies, financials, and latest technological developments.
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