Coherent Market Insights published a business research report on N95 Grade Medical Protective Masks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023–2030. N95 Grade Medical Protective Masks Market with 150+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
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In short, the N95 masks or the grade medical protective masks help in purifying the air. These personal protective devices are made in the way to lessen the inhalation exposure of the user to some airborne particles. These N95 respirators are verified and then certified by the National Institute for Occupational Safety and Health (NIOSH) which is a Department of Health and Human Services.
Globally, the market for N95 GMPM is estimated to the extent US$ 1,495.4 Mn by 2027 as per revenue, showing a CAGR of 7.3% in the predicted period from 2020 to 2027.
Drivers
All the countries in the world are facing the pandemic of COVID-19 so; there is a rising demand of guarding against the deadly virus. The occurrence of the pandemic resulted in the need of masks. China adds considerably to the world production of N95 masks. Though, post the pandemic of COVID-19 broke out, temporary closures of factories led to interruption of mask’s production. The factories started operating its productions once the epidemic was under control. Though, it was impossible for China to satisfy local as well as the demand across the world. To combat this situation, factories that dealt with the production of phones and cars, started producing masks. Moreover, machines used in churning fibrous material for the diapers and sanitary pads were channelized by means of re-tooling to produce the material needed for masks.
Based on the region, North America holds a dominating place in the market of N95 GMPM in the year 2018, reporting for 38.5% value of share, trailed by Asia Pacific.
Market Restraints
The handiness of surgical, medical and patient care face masks are the main issues restricting the market growth of N95 GMPM. The surgical and the medical masks are made in the way for aiding in preventing large droplets being thrown out into the environment. Many small companies also manufacture masks like the N95 masks but they are incapable to give the wearer proper protection from airborne viruses. These substitutes create risks in the market.
Market Opportunities
The market for N95 GMPM is anticipated to experience substantial opportunities of growth with the rise in use of safety healthcare protective devices, due to the increasing consciousness among the people in regard of the benefits provided by the N95 masks. According to standards of China, the equivalent respirator of N95 is the KN95. The current COVID-19 pandemic’s worst hit country was China, which engaged in production of the masks at an increased pace.
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Market Trends
The WHO accounted for 413,467 total cases worldwide as on 25th March, 2020. On this basis, the main affected economies were China (81,848 cases), Italy (69,176 cases), USA (68334 cases), Iran (24,811 cases), Republic of Korea (9,137 cases), Spain (39,673 cases), Germany (31,554 cases), and France (22,025 cases). The number of COVID affected people worldwide increased drastically. This rise in the pandemic resulted in increasing need for PPE or personal protective equipment. Moreover, the WHO (World Health Organization) estimated that the frontline health workers in the world would need 89 Mn masks per month in protecting themselves from this virus. This is estimated to enhance the market of GMPM growth in the predicted period.
Based on the distribution channels, in the year 2019, the segment of clinics reported for the major share of the market, 58.4% as per value, trailed by drug segments of drug stores and online stores.
Competitive Landscape
The main companies functioning in the market of N95 grade medical protective masks worldwide are The 3M Company, Honeywell International Inc., Kimberly-Clark Corporation, Cardinal Health, Inc., Kowa Company Ltd., Shanghai Dasheng, Vogmask, Hakugen Co. Ltd, Sinotextiles Corporation Limited, and The Gerson Company.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Global N95 Grade Medical Protective Masks Market Size Analysis from 2023 to 2030
11.6 COVID-19 Outbreak: N95 Grade Medical Protective Masks Industry Impact
Chapter 2 Global N95 Grade Medical Protective Masks Competition by Types, Applications, and Top Regions and Countries
2.1 Global N95 Grade Medical Protective Masks (Volume and Value) by Type
2.3 Global N95 Grade Medical Protective Masks (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global N95 Grade Medical Protective Masks Sales, Consumption, Export, Import by Regions (2018-2023)
Chapter 5 North America N95 Grade Medical Protective Masks Market Analysis
Chapter 6 East Asia N95 Grade Medical Protective Masks Market Analysis
Chapter 7 Europe N95 Grade Medical Protective Masks Market Analysis
Chapter 8 South Asia N95 Grade Medical Protective Masks Market Analysis
Chapter 9 Southeast Asia N95 Grade Medical Protective Masks Market Analysis
Chapter 10 Middle East N95 Grade Medical Protective Masks Market Analysis
Chapter 11 Africa N95 Grade Medical Protective Masks Market Analysis
Chapter 12 Oceania N95 Grade Medical Protective Masks Market Analysis
Chapter 13 South America N95 Grade Medical Protective Masks Market Analysis
Chapter 14 Company Profiles and Key Figures in N95 Grade Medical Protective Masks Business
Chapter 15 Global N95 Grade Medical Protective Masks Market Forecast (2023-2030)
Chapter 16 Conclusions
Research Methodology
Continued….
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