Global Healthcare Personal Protective Equipment Market by End-use (Hospitals, Outpatient/Primary Care Facilities), by Product (Hand Protection, Respiratory) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global healthcare personal protective equipment market was valued at USD 22.96 Billion in 2020. It is expected to increase at a compound annual rate (CAGR of 11.1%) between 2020 and 2028. The rising product demand, especially from the healthcare industry, due to the global Covid-19 pandemic, coupled with rising awareness about Healthcare-Associated Infections (HAIs), is likely to drive the market growth. Personal Protection Equipment (PPE), acts as a barrier against infectious viruses and the eyes and nose, mouth, skin, and throat of the person who uses it. Healthcare personnel can use PPE to reduce their exposure to infections in the clinic environment. When treating patients with communicable disease, products such as gloves and gowns are used to stop the transmission of pathogens.

In the United States, rising numbers of Covid-19 and strict regulations regarding safety for healthcare workers are expected to boost product demand in the future. Many small and large manufacturers have also reengineered existing production lines to increase the supply of critical supplies during the pandemic.

Global healthcare spending is expected to be driven by factors such as improving economic conditions and developing healthcare systems. The rising incidence of chronic diseases, and increased investments in healthcare technology & infrastructure will also be likely to increase healthcare spending around the world. This will boost the PPE market growth.

First responders and healthcare workers have had to adjust to safety protocols and use large quantities of PPE such as gowns, masks, gloves and masks because of the global pandemic. The supply chain for PPE was stretched to an extreme extent, which led to insufficient supply. Despite improvements in the supply chain over the last few months, many healthcare facilities and businesses still have difficulty procuring respirators and gloves.

Supply chain disruptions were caused by the fact that nearly half of all world's masks were made in China prior to the pandemic. China reduced its exports of masks from China to other countries as the pandemic erupted. Additionally, many key components of N95, surgical Masks were also sourced directly from China. This made it difficult for manufacturers located in other countries to procure these supplies in order to continue production.

Product Insights

In 2020, the hand protection segment accounted for more than 40% of global revenue share. This segment can be further divided into durable and disposable hands. Disposable gloves can be used in a greater extent than durable gloves. Disposable gloves can be used once, which reduces the chance of contamination. Face shields protect the face from blood, other fluids, splashes, and sprays. Face shields can be used with surgical masks or goggles to provide additional protection.

The segment of respiratory protection products is expected to see the highest CAGR during the forecast period. Respiratory Protection Equipment has been a critical part of the pandemic. While Covid-19 vaccines will likely reduce the severity of the pandemics, there is still a strong demand for respiratory protective equipment (RPE) throughout 2021. This will drive the segment growth. Safety glasses and goggles are two of the most popular types of eye protection equipment.

End-use Insights

Market share of 55.7% was attributed to hospitals in 2020, which accounted for the largest segment. Hospital product demand will likely rise due to the growing geriatric population in developed countries, and rising awareness of HAIs. Due to shortages of supplies from overseas, healthcare systems faced a shortage of critical medical supplies at the start of the Covid-19 pandemic.

Services in Home Healthcare refers to services that are provided at the patient's residence by professionals, such as aid with daily activities, private nursing care, rehabilitation therapy, and other services. A rising aging population and a preference for value-based healthcare will likely drive demand for home healthcare services.

Over the forecast period, the outpatient/primary healthcare facilities segment will see a 9.7% CAGR. Primary care physicians are the first to see patients with undiagnosed symptoms or health concerns. To avoid cross-contamination, PPE is essential in these cases. Over the forecast period, the demand for this product segment will increase due to the increasing number of patients who visit primary care services for consultation.

Other end-use segments include dental offices, mental institutions, and emergency care. PPE is used by dentists to protect themselves from infectious materials such as saliva and blood. PPE is essential for dentists during the Covid-19 epidemic, when the disease spreads primarily through contact between people.

Regional Insights

Europe dominated the global healthcare personal protection equipment market, accounting for 34.6% revenue share in 2020. The Covid-19 pandemic in the region has dramatically increased product demand. To increase production of PPE, the European Commission has asked manufacturers to convert existing facilities. It is also working with EU countries in order to ensure free movement of PPE within its internal market.

German multinationals such as BASF, and their international network, including in China, have been requested by the German Health Ministry to procure protective equipment. In order to expedite the process and avoid administrative hurdles, many German hospitals and clinics were experiencing a shortage of product.

Asia Pacific is expected to be the fastest growing regional market between 2021 and 2028. This is due to factors such as developing healthcare infrastructure, increasing medical tourism, and an increase in demand for home-care facilities. The regional market will be driven by improvements in hygiene and safety standards, particularly in developing countries.

North America's market is expected to record the second-highest CAGR, 11.6%, over the forecast period. Covid-19 has identified North America as one of the most affected regions. Federal organizations such as the U.S. Food and Drug Administration (FDA) used Emergency Use Authorizations to determine that certain imported PPE, which is not NIOSH approved, are suitable for healthcare workers.

Market Share Insights & Key Companies

To gain market advantage, market players concentrate on integrating across the value chain. The companies also use partnerships and new product development to expand their product portfolio and distribution network. To meet the increasing demand from the Covid-19 pandemic, several manufacturers have increased their production capacity. To supply the critical PPE needed during the pandemic, manufacturers are collaborating with industry partners and government agencies. The following are some of the major players in global healthcare personal protective equipment markets:

• 3M

• DuPont

• Honeywell International, Inc.

• Medline Industries, Inc.

• Cardinal Health

• Ansell Ltd.

• Kimberly-Clark Corporation

• O&M Halyard, Inc.

Up Market Research published a new report titled “Healthcare Personal Protective Equipment Market research report which is segmented by End-use (Hospitals, Outpatient/Primary Care Facilities), by Product (Hand Protection, Respiratory), By Players/Companies Medline Industries Inc, Kimberly-Clark Corporation, DuPont, Ansell Ltd, 3M, Cardinal Health, O&M Halyard Inc , Honeywell International Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Healthcare Personal Protective Equipment Market Report Segments:

The market is segmented by End-use (Hospitals, Outpatient/Primary Care Facilities), by Product (Hand Protection, Respiratory).

Healthcare Personal Protective Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Healthcare Personal Protective Equipment Market

Overview of the regional outlook of the Healthcare Personal Protective Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Healthcare Personal Protective Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Healthcare Personal Protective Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Hospitals

                2. Outpatient/Primary Care Facilities

                1. Hand Protection

                2. Respiratory

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Healthcare Personal Protective Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Healthcare Personal Protective Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.