U.S. N95 Mask Market Growth & Trends
The U.S. N95 mask market size is anticipated to reach USD 1.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.8% from 2022 to 2030. The rising cases of infectious biological diseases worldwide, stringent mask regulations, the ongoing COVID-19 pandemic, and worker safety, are expected to drive market growth.
The N95 mask industry is expanding rapidly in many countries such as the U.S. and Canada. These are used extensively in a variety of industries, including biotechnology, pharmaceuticals healthcare, construction, manufacturing, mining, and oil & gas. These can also prevent micron-sized particles from entering the human respiratory system and oral cavity.
Local, regional, and international manufacturers have increased mask production capacity to meet the rising demand. The pandemic has also created opportunities for start-ups to enter and expand their reach in this market. Furthermore, governments in various countries are regulating the prices of N95 Mask to maintain public access to these masks.
The presence of a huge healthcare system in the U.S. and the growing e-commerce industry have compelled retail pharmacies to develop new strategies. Pharmacy chains such as Walgreens and Rite Aid have been aggressively expanding their operations throughout the country with 24/7 availability and pickups at alternate locations.
The manufacturers have partnered with distributors for expanding their market reach in various regions. N95 Mask are distributed globally to end-users through online and offline distribution channels. Some of the key distributors include Henry Schein, Inc.; Fisher Scientific; VWR International, LLC; Amazon.com, Inc.; W.W. Grainger, Inc.; and Westnet, Inc.
The market for N95 Mask is characterized by the presence of well-established players that have a broad product portfolio, extensive distribution networks, and large financial capacities, which is expected to restrict new entrants. However strategic product differentiation by the manufacturers is anticipated to help in achieving market dominance.
Request a free sample copy or view report summary: U.S. N95 Mask Market Report
U.S. N95 Mask Market Report Highlights
- The without-exhalation valve segment accounted for 72.3% of the U.S. revenue share in 2021. N95 Mask provide a high level of protection during inhaling and exhalation and they can also limit at least 95% of very small test particles
- Offline distribution channel accounted for 50.9% of the U.S. revenue share in 2021. The pandemic boosted the e-commerce industry growth, on account of remote working and stay-at-home orders initiated by the U.S. government
- The healthcare end-use segment accounted for 35.2% of the U.S. revenue share in 2021. N95 Mask played a crucial role for first responders, healthcare workers, and other essential workers actively combating the COVID-19 pandemic
- The demand for N95 Mask in construction is likely to register a CAGR of 9.3% over the forecast period. N95 Mask are highly recommended for use in the construction and manufacturing industry, to assure worker safety
- In June 2021, Aegle launched NIOSH certified N95 mask with Acteev anti-microbial fabric as well as authentication and NFC chip embedded traceability technology to prevent counterfeiting of masks
Access Press Release@ https://www.grandviewresearch.com/press-release/us-n95-masks-market-analysis
U.S. N95 Mask Market Segmentation
Grand View Research has segmented the U.S. N95 Mask market based on product, distribution channel, and end-use:
U.S. N95 Mask Product Outlook (Revenue, USD Million, 2017 - 2030)
- With Exhalation Channel
- Without Exhalation Channel
U.S. N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)
- Online
- Offline
U.S. N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)
- Healthcare
- Construction
- Manufacturing
- Mining, Oil & Gas
- Others
List of Key Players in the U.S. N95 Mask Market
- 3M
- Honeywell International Inc.
- Alpha Pro Tech
- Ansell Ltd.
- O&M Halyard, Inc.
- The Gerson Company
- Cardinal Health
- Medline Industries, Inc.
- Moldex-Metric
- Prestige Ameritech
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.
No comments:
Post a Comment