Surgical Mask Market Demand: Strong Pipeline to Rapidly Surge Growth
Short-term demand for Surgical Masks remains unprecedented, however, growing awareness regarding their effectiveness will lead to steady sales in the long-term, according to a latest study by Future Market Insights. According to the study, even after the COVID-19 pandemic is brought under control, a sizeable percentage of people are likely to continue wearing masks in crowded places, and cities where pollution levels are high.
Key Report Takeaways
- The
global surgical masks market is forecasted to surge past valuation of US$
4.2 Bn by 2030
- Basic
surgical masks and fluid/splash resistant surgical masks are expected to
collectively account for 80% of market value, each holding a share of
near-equal proportions.
- The
adoption of basic surgical masks is concentrated among general consumers
while fluid/splash resistant surgical masks find a majority of takers
among medical professionals.
- By
end-use, hospitals are foreseen to channel the majority of revenue,
capturing more than 70% of market value.
- Ambulatory
surgical centers are anticipated to remain the second-most lucrative
market, accounting for more than 1/5th of global market value.
- Europe
is poised to capture the lion’s share in market value, accounting for a
share little below 2/5th of market value.
COVID-19 Impact on Heat Induction Cap Liners
Market
Through the years, surgical masks have remained one of the
most prominent protective equipment among healthcare professionals while
performing medical procedures.
Surgical masks offer protection against exposure to harmful
bacteria and other organisms present in the blood and other bodily fluids that
the medical professionals are likely to come in contact with during surgical
procedures.
As the number of surgeries continues to increase in direct
proportion with the expanding base of the geriatric population, the demand for
protective surgical equipment, including surgical masks, is expected to prevail
high for the years to come.
As per the statistics of The Lancet, the number of
surgeries conducted across the world surged passed 313 Mn in recent years and
continues to rise year-on-year, offering substantial revenue opportunities to
market players.
Likewise, high levels of air pollution in East Asian
nations such as China, South Korea, and Japan have made wearing masks a common
practice among the population of these regions.
Besides, the sales of masks in the aforementioned regions
have historically witnessed an upsurge during the flu seasons. On these lines,
the outbreak of COVID-19 is creating an unprecedented demand for surgical
masks, as they become an integral part of routine during the pandemic.
COVID-19 Impact on Surgical Masks Market
The outbreak of COVID-19 has proven fruitful to the manufacturers of surgical
masks, as demand for surgical masks has never been higher. As the number of
infections continues to spike in large nations such as the US, India, Brazil,
and Russia, with no vaccine approval in sight, people are resorting to all
kinds of protective measures in their routine.
On this premise, surgical masks have emerged as the most
accessible and efficient safety measure, and have become an integral part of
their lives. Surgical masks are currently among the most sought out essentials
and are poised to remain through the pandemic, thus catalysing the overall
market growth.
FMI’s report includes profiles of some of the most
prominent names in the market including 3M, Honeywell International Inc., and
Medline Industries, Inc., Halyard Health (Owens & Minor, Inc.),
Kimberly-Clark Worldwide, Inc., Medline Industries, Inc., Moldex-Metric Inc.,
Kowa Company Ltd., Premium HealthCare Disposables Private Limited, Kindwell
Medical BioClean (ANSELL LTD.), Dynarex Corp., and Valmy among others.
Read
More@ https://www.futuremarketinsights.com/reports/surgical-mask-market
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