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Healthcare Personal Protective Equipment Market Trend
North America contributed the highest share in 2019, and will maintain its dominance throughout the forecast period.
OREGON, PORTLAND, UNITED STATES, October 28, 2022 /EINPresswire.com/ -- Surge in investment from public and private players to increase the production of healthcare PPE to meet the growing demand drives the growth of the global healthcare PPE market. North America contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. The demand for healthcare PPE is likely to increase from healthcare and lab workers involved in the treatment and testing of Covid-19 patients.
A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.
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The global healthcare PPE market generated $12.9 billion in 2019, and is estimated to reach $33.4 billion by 2027, registering a CAGR of 12.4% from 2020 to 2027.
The report helps clients in comprehending the first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contain in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.
The hospital segment accounted for the largest share in 2019, holding more than two-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. Moreover, the same segment is expected to register the highest CAGR of 13.1% from 2020 to 2027. The report also offers detailed analysis of end users including home healthcare, outpatient/primary care facilities, and others.
The Healthcare personal protective equipment market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.
The protective clothing segment contributed to the largest share in 2019, accounting for more than one-third of the total share, and is estimated to maintain its dominant position during the forecast period. However, respiratory protection segment is estimated to portray the highest CAGR of 14.0% during the forecast period.
Healthcare Personal Protective Eequipment Companies Covered Market:- Med-Con Pty Ltd., Ansell Limited, DuPont de Nemours Inc., Cantel Medical Corporation, Cardinal Health, 3M Company, Owens & Minor Inc., Honeywell International Inc., Medline Industries Inc. and Other.
The outbreak of the pandemic has had a massive impact on the majority of industries and the Healthcare personal protective equipment market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Healthcare personal protective equipment market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis is also covered under the report. Last but not the least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.
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