Monday, 28 March 2022

Surgical Masks Market Size Projected to Rise Lucratively during 2021 to 2028: Grand View Research Inc.

 Surgical Masks Market Growth & Trends

The global surgical masks market size is anticipated to reach USD 685.5 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 10.5% from 2019 to 2028. The market growth is associated with the increasing demand for respiratory protection in the healthcare industry, during the COVID-19 pandemic and rising awareness regarding healthcare-associated infections.

Rapid development in medical diagnostics and an increasing number of operations and medical procedures performed throughout the world are factors projected to boost the demand for surgical masks. Furthermore, rising awareness pertaining to the protection provided by these masks against airborne illnesses is expected to supplement the market growth.

The COVID-19 pandemic has severely affected several countries globally, owing to which the demand for various PPE products, including medical face masks, has increased significantly. Thus, to cater to this increased demand, several manufacturers have increased their production capacities.

Companies focus on integration across various stages of the value chain to gain a competitive edge in the market. In November 2020, Medline Industries, Inc. announced its plans for manufacturing face masks in North America. The company is modifying its Lithia Springs, Georgia-based manufacturing plant and began its production in January 2021.

Request a free sample copy or view report summary: Surgical Masks Market Report

Surgical Masks Market Report Highlights

  • The basic surgical masks segment accounted for 43.3% of the global revenue share in 2020 on account of the easy availability of the product, increased demand for respiratory protection during the COVID-19 pandemic, and extensive use in the healthcare sector
  • North America accounted for 25.9% of global revenue share in 2020 owing to the growing healthcare costs, an aging population, rising awareness of hospital-acquired infections, and increased medical tourism
  • The online end-use segment is expected to witness the fastest CAGR of 11.0% from 2019 to 2028, owing to increased e-commerce adoption in developing nations, as well as customer convenience and simplicity of delivery
  • In China, the market is likely to witness a CAGR of 14.1% over the forecast period owing to the aging population, rapid urbanization, improving standards of living, and expanding healthcare infrastructure in the country
  • In April 2020, DuPont de Nemours, Inc. partnered with Cummins Inc. to provide critical material used for manufacturing N95 respirator masks for healthcare professionals, which aid in filtering various airborne particles

Access Press Release@ https://www.grandviewresearch.com/press-release/global-surgical-masks-market

Surgical Masks Market Segmentation

Grand View Research has segmented the global surgical masks market on the basis of product, distribution channel, and region:

Surgical Masks Product Outlook (Revenue, USD Million, 2017 - 2028)

  • Basic Surgical Mask
  • Anti-fog Surgical Mask
  • Fluid/Splash Resistant Surgical Mask
  • Others

Surgical Masks Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

  • Online
  • Offline

Surgical Masks Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players of Surgical Masks Market

  • 3M
  • DuPont de Nemours, Inc.
  • Ansell Ltd.
  • O&M Halyard, Inc.
  • Medline Industries, Inc.
  • Cardinal Health
  • Crosstex International, Inc.
  • Kimberly-Clark Corporation
  • AlphaProTech
  • Dynarex 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.

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