Surgical Mask Market size shall reach a value of $69.4Million in 2020 to $106.9 million in 2027, growing with a CAGR of 6.1% during the forecast period of 2020 to 2027.
The demand within the international market for the surgical mask has been rising on account of advancements in the field of medical diagnosis and surgery. Surgical masks have been used by doctors and healthcare workers and are used to protect them from pathogens and harmful infections that may get suspended in the surgery room or during the diagnosis of the patient. Additionally, the patient under treatment also needs to be protected from infectious agents that may be discharged by others in the surgery room. Hence, the global market for the surgical mask is driven towards expansion at a stellar pace in the years to follow. There have been multiple attempts at manufacturing improved surgical masks, and this has given a propel to the market growth. The presence of a growing healthcare sector, coupled with the utmost focus on surgical procedures, has given an impetus to the growth of global surgical mask market. Additionally, the need to maintain quality standards across the healthcare domain has built a plethora of opportunities across the globe. Hence, the global market for the surgical mask is projected to win voluminous revenues in the future. The market is also driven by the frequent outbreaks of infectious diseases, recent being COVID-19, has been one of the major factors for the growth of demand for surgical masks this year. The companies in the market are ramping up the production to meet the unprecedented demand. The global market for the surgical mask can be segmented on the basis of product, distribution channel and region. On the basis product, the market can be segmented into anti-fog surgical masks, N95 masks, basic surgical masks and fluid/splash resistant surgical masks. Amongst these, the market for basic surgical mask has risen in from multi-folds in healthcare facilities. The key distribution channels for surgical masks are pharmacies, hospitals and clinics and online stores. On the basis of geography, the market for the surgical mask in North America has been growing alongside advancements in surgical procedures and medicine in the US and Canada. Key players of in the surgical mask market are 3M Co., Ansell Ltd., Cardinal Health Inc., Dynarex Corp., Investor AB
Surgical Mask Market Growth and Trends
There is an increasing importance of respiratory protection currently, during the Covid-19 pandemic, which is expected to drive the demand for surgical masks over the forthcoming period. The rising number of Covid-19 cases globally is expected to boost their adoption. Being disposable devices that create a barrier between the nose and mouth of the user and the potential contaminants in the surrounding environment, surgical masks have generated high demand. Made of varying thicknesses to protect the user from contact with liquids, they add to the user benefits, by helping in blocking large-particle droplets, splatter, or splashes that may possibly contain germs, thereby preventing them from entering the mouth and nose. Rising cases of respiratory and infectious ailments is most likely to boost the demand for surgical masks for the next few years. Technological advancements in the domains of diagnosis and surgery will strongly propel the demand for surgical masks. The adoption rate of surgical masks has gone up among the general population as a result of rising awareness regarding their benefits. Apart from their protection against viral infection, their ability to prevent users from inhaling pollutants is a highly important factor adding to their demand. Also, several government authorities have resorted to precautionary measures, including mandatory use of gloves, masks, and other personal protective equipment, to control the rapid spread of the coronavirus, which therefore is anticipated to have a positive impact on the market growth in the future. In order to cater to this increasing demand, many automobile manufacturing companies are transforming their manufacturing facilities into a medical device manufacturing unit for the production of surgical masks and respirators, a fuelling factor to benefit the market growth.
There could only be a short-term challenge due to disruption in distribution for slowdown of supply chains due to the pandemic.
Surgical Mask Market Regional Analysis
The global Surgical Mask Market generated revenue of $222.3 million in 2019, and it is estimated to grow at a rate that is CAGR of 8.3% from 2020 to 2023. The COVID 19 impact on this market was positive because of the awareness of respiratory protection. North America accounted for the major revenue of 34.9% in 2019 due to the healthcare industry’s development. Asia Pacific is also progressing at a very high rate. European countries like Germany made it compulsory to wear masks outside, which contributed to the market. South Africa accounted for 22.9% of the African Surgical Mask Market in 2019. Countries like the USA, Brazil, Germany, Mexico, Italy, Argentina, Colombia, and Brazil held a crucial share in the market due to the increased surgeries and demand.
Please fill in the form below to Request for free Sample Report
Office Hours Mon - Sat 10:00 - 16:00
Send Us Mail firstname.lastname@example.org
© 2018 Market Decipher. All Rights Reserved