Market Research Future (MRFR) has published on the “Global Medical PPE Devices Market”.
Market Research Future (MRFR) has published a cooked research report on the “Global Medical PPE Devices Market” that contains information from 2018 to 2032. The medical PPE devices market is estimated to register a CAGR of 5.00% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global medical PPE devices market - 3M (US), Alpha Pro Tech, Ltd (Canada), Ansell (Australia), MEDISCA Plattsburgh (US), 0&M Halyard, Inc. (US), DuPont de Nemours, Inc. (US), Cardinal Health, Inc (US), Medline Industries, LP (US), Kimberly-Clark Corporation (US), and Honeywell International Inc. (US).
Medical PPE Devices Market Highlights
The global medical PPE devices market is accounted to register a CAGR of 5.00% during the forecast period and is estimated to reach USD 32.919 billion by 2032.
Major factors driving medical PPE devices market revenue growth include the rise in chronic disease cases, rising investments in medical technology and healthcare infrastructure, the development of healthcare systems, and improved economic conditions. Other factors propelling the market's revenue growth include the rising number of surgical procedures and the increasing prevalence of hospital-acquired infections (HAIs). Medical PPE devices is becoming more and more necessary in a variety of end-use sectors, including pharmaceutical, research laboratories, and hospitals and clinics.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Medical PPE Devices Market
Segment Analysis
The global medical PPE devices market has been segmented into product type and end-use industry.
On the basis of product type, the market is segmented into Protective Clothing, Respiratory Protection, Face Protection, Eye Protection, Hand Protection, and Others. The protective clothing segment was attributed to holding the largest market share in 2022. The rising need for isolation gowns, coveralls, and aprons, all of which are used to stop the virus from spreading—may be the cause of the growing requirement for protective clothing. Protecting the entire body, including the head, feet, back, and lower legs, is the main goal of a coverall. The FDA classifies protective apparel into three categories: surgical isolation garments, non-surgical gowns, and surgical gowns. In addition, the continuous increase in demand for these kinds of clothes helps to support the world's manufacturing of medical PPE devices.
Based on end-use industry, the global medical PPE devices market has been segmented into Hospitals, Home Healthcare, Outpatient/Primary Care Facilities, and Others. The hospitals segment was expected to hold the largest market share in 2022 because the number of coronavirus cases is increasing quickly. In hospitals, medical PPE devices aids in stopping the transmission of germs. Three distinct kinds of medical gloves composed of vinyl, nitrile, and latex are used in hospitals. Healthcare personnel are required by law to wear protective gloves in hospitals and clinics to safeguard them from numerous dangerous bacteria.
Regional Analysis
The global medical PPE devices market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe medical PPE devices market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The medical PPE devices market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World medical PPE devices market comprises of Middle East, Africa, and Latin America.
The largest market share for medical PPE devices was maintained by the North American regional sector. This is because more people are becoming aware of the safety and health regulations that require isolation gowns, face masks, and safety gloves to be used properly. Healthcare and paramedical personnel in the US experienced a sharp increase in demand for medical PPE devices as a result of the COVID-19 epidemic. The healthcare industry's ongoing R&D will support regional industrial growth.
Moreover, the Europe market has been persistently growing over the forecast period because of a well-developed industrial platform and widespread product uptake throughout the many industries. Strong regulations and harsh fines for noncompliance are the reasons behind the high product penetration in European countries, which forces businesses to utilize medical PPE devices on a regular basis.
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. China held the major share due to its location in the heart of the coronavirus pandemic. This led to a spike in the nation's need for PPEs like coveralls, gloves, and face masks, among others. Globally, China is the primary producer and exporter of goods. As the number of instances in the nation increased, so did the need for these goods, propelling the expansion of the nation's medical PPE devices market.
Furthermore, the rest of the world's medical PPE devices market is divided into the Middle East, Africa, and Latin America. The significant growth of rest of the world is because people are becoming more conscious of their harmful lifestyles and better healthcare options are becoming available. In addition, growing disposable income, an increase in home care services, and an increase in the number of elderly people are all contributing factors to the region's growth.
Key Findings of the Study
- The global medical PPE devices market is expected to reach USD 32.919 billion by 2032, at a CAGR of 5.00% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. The region’s medical PPE devices market is growing as a result of an increase in the number of disease incidence.
- Based on product type, the protective clothing segment was attributed to holding the largest market in 2022, with an approximate market share of 40%.
- 3M (US), Alpha Pro Tech, Ltd (Canada), Ansell (Australia), MEDISCA Plattsburgh (US), 0&M Halyard, Inc. (US), DuPont de Nemours, Inc. (US), Cardinal Health, Inc (US), Medline Industries, LP (US), Kimberly-Clark Corporation (US), and Honeywell International Inc. (US).
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Companies Covered | 15 |
Pages | 128 |
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