Healthcare Personal Protective Equipment Market is Growing at Significant Rate, 2027

 Healthcare Personal Protective Equipment Market Growth & Trends

The global healthcare personal protective equipment market size is expected to reach USD 38.71 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 21.3% from 2020 to 2027. The outbreak of COVID-19, coupled with the possibility of a second wave of the pandemic across the globe, is expected to augment the demand for healthcare personal protective equipment (PPE).

Manufacturers have been investing in various R&D initiatives to create PPE with low external limitations and adhere to regulatory standards. Moreover, due to the shortage of PPE, manufacturers are increasingly using 3D printing technology to manufacture masks and other PPE for healthcare professionals during the COVID-19 pandemic.

Healthcare facilities follow the "just in time" approach to procure PPE kits due to efficiency and budgetary reasons. However, due to the unprecedented demand for PPE during the COVID-19 outbreak, this policy resulted in a drastic shortage of PPE kits for the healthcare workers, wherein few placed orders were supplied to respective facilities and others had to search for alternatives.

The prices of healthcare PPE witnessed an exponential rise since the outbreak of the COVID-19 pandemic due to the shortage of PPE. For instance, according to the World Health Organization (WHO), buyers have observed a six-fold, threefold, and twofold price increase in surgical masks, respirators, and gowns, respectively.

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Healthcare Personal Protective Equipment Market Report Highlights

• The respiratory protection product segment is estimated to expand at the fastest CAGR of 49.8% from 2020 to 2027 on account of the increasing use of N95 respirators and surgical masks by healthcare workers actively combating the COVID-19 pandemic
• The hospital end-use segment accounted for a revenue share of 55.7% in 2019 on account of the predominant use of PPE in hospitals by the staff, coupled with improving healthcare infrastructure, especially in the emerging economies
• Europe held the largest revenue share of 35.8% in 2019 owing to the possibility of a second wave of COVID-19, coupled with the rising number of qualified nurses, midwives, and other care professionals in the region
• The market in India is expected to expand at the fastest CAGR of 39.4% from 2020 to 2027 on account of increasing domestic production of PPE, coupled with rising healthcare spending and improving healthcare infrastructure in the country
• In August 2020, Ansell joined the #TyvekTogether program launched by DuPont and through this collaboration, it will be producing 600,000 isolation gowns made using the Tyvek fabric, which will be further distributed by Henry Schein to frontline healthcare workers

Healthcare Personal Protective Equipment Market Segmentation

Grand View Research has segmented the global healthcare personal protective equipment market on the basis of product, end-use, and region:

Healthcare Personal Protective Equipment Product Outlook (Revenue, USD Million, 2016 - 2027)

• Protective Clothing
  • Coveralls
  • Gowns
    • Disposable Gowns
    • Durable Gowns
  • Others
• Respiratory Protection
  • Surgical Masks
  • Respirator Masks
  • Others
• Face Protection
• Eye Protection
• Hand protection
  • Disposable Gloves
  • Durable Gloves
• Others

Healthcare Personal Protective Equipment End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Hospitals
• Home Healthcare
• Outpatient/Primary Care Facilities
• Others

Healthcare Personal Protective Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • Russia
  • Spain
  • UK.
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
  • Thailand
  • Malaysia
• Central & South America
  • Brazil
  • Argentina
• Middle East
  • Saudi Arabia
  • United Arab Emirates (UAE)
• Africa
  • South Africa

List of Key Players of Healthcare Personal Protective Equipment Market

• 3M
• Honeywell International, Inc.
• DuPont
• Cardinal Health
• Medline Industries, Inc.
• Ansell Ltd.
• O&M Halyard
• Kimberly-Clark Corporation

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.