$9.8 Billion Worldwide Healthcare Personal Protective Equipment Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 5, 2021--
The “Healthcare Personal Protective Equipment - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Healthcare Personal Protective Equipment estimated at US$9.8 Billion in the year 2020, is projected to reach a revised size of US$27.8 Billion by 2027, growing at a CAGR of 16.1% over the analysis period 2020-2027.
Respiratory Protection, one of the segments analyzed in the report, is projected to record a 19.2% CAGR and reach US$12.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hand Protection segment is readjusted to a revised 16% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 20.6% CAGR
The Healthcare Personal Protective Equipment market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2027 trailing a CAGR of 20.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.1% and 14.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
Protective Clothing Segment to Record 11.8% CAGR
In the global Protective Clothing segment, USA, Canada, Japan, China and Europe will drive the 11.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$3.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2027, while Latin America will expand at a 13.1% CAGR through the analysis period.
Select Competitors (Total 42 Featured):
- 3M Co.
- Alpha Pro Tech, Ltd.
- Ansell Limited
- Delta Plus Group (France)
- E I Dupont De Nemours and Co.,
- Ergodyne (U.S.)
- Honeywell International, Inc.
- Kimberly-Clark Corporation
- Lakeland Industries, Inc.
- Mcr Safety, Inc. (U.S.)
- Moldex-Metric AG & Co., Kg. (U.K.)
- MSA Safety, Inc.
- National Safety Apparel (China)
- Protective Industrial Products, Inc. (U.S.)
- Radians, Inc.
- Sioen Industries NV
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- UNITED KINGDOM
- REST OF EUROPE
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- REST OF LATIN AMERICA
- MIDDLE EAST
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/5h1x3o
View source version on businesswire.com:https://www.businesswire.com/news/home/20210705005052/en/
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INDUSTRY KEYWORD: MEDICAL SUPPLIES HEALTH
SOURCE: Research and Markets
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PUB: 07/05/2021 04:27 AM/DISC: 07/05/2021 04:27 AM