Healthcare Personal Protective Equipment Market Present Scenario and Growth Prospects with CAGR of 8.5% By 2027 | Grand View Research, Inc.

April 30 19:12 2020
Healthcare Personal Protective Equipment Market Present Scenario and Growth Prospects with CAGR of 8.5% By 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Rising demand for hand protection, respiratory protection, and protective clothing in the healthcare industry to ensure the employees’ safety during the ongoing COVID-19 pandemic is expected to boost the demand for healthcare personal protective equipment market.

According to a report, “Healthcare Personal Protective Equipment Market Size, Share & Trends Analysis Report By Product (Respiratory Protection, Hand Protection), By End Use, By Region, And Segment Forecasts, 2020 – 2027”, published by Grand View Research, Inc. The global healthcare personal protective equipment market size is expected to reach USD 8.9 billion by 2027, registering a CAGR of 8.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for hand protection, respiratory protection, and protective clothing in the healthcare industry to ensure the employees’ safety during the ongoing COVID-19 pandemic is expected to boost the demand for personal protective equipment (PPE).

Rising awareness regarding advantages of hand hygiene for avoiding contamination with fluids and transmission of pathogens in the healthcare facilities is anticipated to drive the demand for hand protection equipment. Furthermore, increasing adoption of gloves to limit the spread of COVID-19 infection through surface contact is expected to drive the demand.

Personal protective equipment for healthcare workers is crucial to fight against the novel coronavirus (COVID-19). As a result, the World Health Organization (WHO) has urged governments and businesses to boost the production of masks, respirators, and gloves, which are crucial for healthcare professionals to fight against COVID-19.

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The adoption of new practices and the development of advanced products are expected to have a positive impact on the use of medical services across the globe. In addition, increasing disposable income is expected to aid developing economies in availing advanced healthcare services, thereby driving the expenditure in the industry.

U.S. healthcare personal protective equipment market size

Further key findings from the report suggest:

  • The demand for disposable gloves in North America is estimated to witness a growth of 8.6% in terms of revenue, from 2020 to 2027 on account of the presence of stringent regulations regarding health and safety of the health workers

  • Respiratory protective equipment accounted for over 10.8% of the global revenue in 2019 owing to the increased demand for surgical masks and respirators for providing protection to the hospital staff against contaminants and pathogens

  • Hospitals accounted for 55.7% of the healthcare personal protective equipment (PPE) industry in 2019, on account of rising number of people opting for medical services for treatment coupled with increasing number of physicians in the emerging economies

  • Europe is estimated to witness a CAGR of 7.4% in terms of revenue from 2020 to 2027, owing the growing healthcare industry coupled with the rapid spread of COVID-19 pandemic in Italy, France, Spain, U.K., Germany, and other countries

  • The major players in the healthcare personal protective equipment market including 3M, DuPont, Ansell, and Honeywell are engaged in providing an uninterrupted supply of personal protective equipment, during the COVID-19 pandemic to the highly affected economies.

End-use Insights

Increasing demand for hand protection, especially disposable gloves from nursing homes and hospitals on account of rising awareness regarding the seasonal factors such as viral outbreaks and infectious diseases along with hand hygiene is expected to drive the growth. The penetration of personal protective equipment in hospitals is estimated to witness growth owing to rising prevalence of hospital-acquired infections globally.

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Factors such as rapidly growing geriatric population base and rising prevalence of hospital-acquired and other infections are expected to propel personal protective equipment penetration in the hospital sector. Furthermore, introduction of favorable initiatives and reforms promoting the use of personal protective equipment in government hospitals is expected to drive the healthcare personal protective equipment (PPE) market growth during the forecast period.

Global healthcare personal protective equipment market share

The primary care facilities or OPD include physicians skilled in continuing patient care and first contact with patients with symptoms and undiagnosed diseases. The demand for personal protective equipment in primary care facilities is estimated to witness a CAGR of 7.1% from 2020 to 2027, in terms of revenue, on account of high number of patients visiting physicians for consultation.

Home healthcare services include professional services provided at the patient’s home, such as private-duty nursing care, aid in daily activities, rehabilitative therapy, and short or long-term illness. Healthcare professionals include aides, therapists, doctors, and nurses. This end-use segment is expected to reach USD 1.9 billion by 2027, owing to increasing number of people adopting private-duty nursing care.

Grand View Research has segmented the global healthcare personal protective equipment market on the basis of product, end use, and region:

Healthcare PPE Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Protective clothing

    • Coveralls

    • Gowns

    • Others

  • Respiratory Protection

    • Surgical Masks

    • Respirator Masks

    • Others

  • Face Protection

  • Eye Protection

  • Hand protection

    • Disposable Gloves

    • Durable Gloves

  • Others

Healthcare PPE End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Hospitals

  • Home Healthcare

  • Outpatient/Primary Care Facilities

  • Others

Healthcare PPE Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • France

    • Germany

    • Italy

    • Russia

    • Spain

    • U.K.

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Indonesia

    • Australia

    • Thailand

    • Malaysia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East

    • Saudi Arabia

    • United Arab Emirates

  • Africa

    • South Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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