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Personal protective equipment (PPE) is a necessary healthcare product with respect to dealing with infectious diseases. On an everyday basis, doctors, nurses, and other healthcare personnel require PPE during surgeries and accessing patients in ICU. In 2019-2020, COVID-19 pandemic created a havoc worldwide. According to the Worldometer statistics in June 2020, more than 90 million people were affected by the disease. The respiratory communicable disease led to demand of medical mask and other face coverings to avoid rapid transmission of the disease in the community. N95 mask (respirator) are used as a protective barrier to avoid infections. Manufacturers tremendously increased their production rate so as to meet the demand-supply balance. Online and retail sales of the mask increased thus leveraging the market potential in 2019. Therefore, increasing product demand and growing sales is anticipated to surge the market growth during the forecast period.
The major factor driving the N95 grade medical protective mask market is increasing prevalence of respiratory disease such as COVID-19 in patients. Moreover, rising awareness among population the prevention of the disease by usage of mask is also likely to contribute to the market growth.
Key Market Driver -
Increasing Prevalence of Respiratory Diseases
Key Market Restraint -
Medical Mask Shortage to Hinder Market Growth
On the flip side, COVID-19 pandemic has led to higher demand in the products causing supply shortage. This gave rise to the decrease in sales subsequently restricting the growth of the market.
By type, the market is segmented standard N95 and surgical N95. Based on distribution channel, the N95 grade medical protective mask market is segmented into hospital pharmacy, retail pharmacy, and online pharmacy.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The major companies in the global N95 grade medical protective mask market report includes 3M, American Prestige, Honeywell International Inc., KCWW, Halyard Worldwide Inc., Alpha Pro Tech, Moldex-metric Inc., and others.
The global N95 grade medical protective mask market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America followed by Europe dominated the global market in 2019, owing to the rise in sales of the product due to increasing prevalence of infectious disease. However, increasing patient pool suffering from associated disease and demand for effective grade medical mask in Asia Pacific is likely to accelerate the growth of the market in this regions. This along with government guidelines in usage of medical mask and awareness among population of the benefits of medical mask to promote the sales of the N95 grade mask in countries like China, India, and other countries. Latin America and Middle East & Africa are projected to register a comparatively lower CAGR by the end of the forecast period.
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