Medical Protective Equipment Market is expected to increase US$ 41.6 Bn by 2030

Global medical protective equipment market will experience a major upturn in 2022 and onwards, amid the global COVID-19 pandemic, reaching a projected valuation of over US$ 41.6 Bn through 2030. The growing pandemic of community infections owing to emergence of new pathogens is expected to increase the demand of medical protective equipments in the global market. This rising number of community and hospital acquired infections will drive market growth in the near future, says a new Future Market Insights (FMI) report.

Key manufacturers operating in the market offer a wide range of products such as medical masks, gloves, protective clothing, gowns and other products. Owing to non-availability of treatment for new pathogen infections and significant lag phase between the emergence of new pathogen and development of effective treatment, there has been an increasing demand for medical protective equipment, creating an absolute opportunity for growth of the medical protective market.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-11296

Covid-19 Pandemic Crisis Fosters Demand

Sudden virus pandemic situation has created huge gap between supply and demand of medical protective equipments. Recently in December 2019, Covid-19 pandemic has been emerged across the global geographies. This highly-transmissible respiratory disease has significantly rise the unmet demand of medical masks, gloves and other protective equipments.

For instance, according to WHO study, WHO has advised personal protective equipment industry and governments to increase manufacturing by 40% to meet rising global demand of personal protective equipment (PPE) amid global Covid-19 outbreak.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-11296

Key Takeaways of Medical Protective Equipment Market Study

• Medical gloves segment is expected to contribute more than 40% of revenue share in the medical protective equipment market.
• Owing to use of gloves in prevention of primary infections and to perform surgical procedures by healthcare workers, medical gloves segment is the most dominated product type.
• Disposable medical protective equipment will gain more than 75% of market share in the medical protective equipment market throughout the forecast period.
• Hospitals and NGO’s/ government organization segments are expected to collectively gain more than 60% of market share in the medical protective equipment market during 2022-2030.
• Europe is the highest revenue generating market by region due to aging population and high rate of new pathogenic infections. North America is expected to offer lucrative opportunities owing to higher incidence of new infections and increasing volume of innovative surgical procedures.

Disruptive unmet demand of medical gloves and N95 respirators, and urge of the WHO for effective prevention of new pathogen pandemic outbreak are expected to fuel growth of the medical protective equipment market.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-11296

Manufacturing Collaborations Preferred to Tackle Massive Demand Growth

Leading manufacturers in the medical protective equipment market are extensively focusing on expansion of their manufacturing capabilities in the disruptive demand. Government is actively encouraging local manufacturers to prioritise an emergency demand of medical protective equipments in the public hospitals and other healthcare set-ups.

For instance, in March 2020, the 3M Company, the U. S. based global leader in medical protective equipments has collaborated with giant automobile manufacturer Ford to transform auto manufacturing facility into respirators manufacturing plant.

Medical Protective Equipment Market by Category

By Product:

• Gloves
• Protective Clothing
• Gowns
• N95 Respirators
• Surgical Masks
• Goggles
• Face Shields
• Head Cover
• Shoes Covers

By Usage:

• Disposable
• Non-disposable

By End User:

• Hospitals
• NGO’s/ Government Organization
• Ambulatory Surgical Centers
• Specialized Clinics
• Diagnostic and Research Laboratories

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East and Africa (MEA)

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:

Future Market Insights
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

LinkedIn| Twitter| Blogs

For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com