Healthcare Personal Protective Equipment Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Mar 2021 | No. of Pages : 250 Pages | Category : Chemical and Material

The global Healthcare Personal Protective Equipment market size is expected to be worth around US$ 31.42 billion by 2030, according to a new report by Vision Research Reports.

The global Healthcare Personal Protective Equipment market size was valued at US$ 22.96 billion in 2020 and is anticipated to grow at a CAGR of 11.9% during forecast period 2021 to 2030.

Growth Factors

Increased product demand due to the global pandemic ultimately strained the supply chain, thereby creating a shortage in the market. However, with the manufacturers increasing their production capacities and several industry participants pivoting their production from their usual products to  (PPE), the supply chain has improved over the past few months.

Organizations, such as the European Commission (EC) and the U.S. FDA, are collaborating with manufacturers and other industry players to increase production. For instance, in March 2020, the European Committee for Standardization (CEN) and the EC agreed to make relevant standards freely and fully available to increase PPE production in Europe.

The long-term impact of the pandemic on the market involves strategic stockpiling of critical PPE supplies, significant growth in the manufacturing capacities of various participants, industrial PPE manufacturing serving the healthcare industry, and a rise in the number of mergers & acquisitions as well as new entrants.

Report Highlights

The hand protection segment led the market in 2020 and accounted for over 40% of the global revenue share. The segment is further bifurcated into durable and disposable gloves. Disposable gloves are used to a larger extent than durable ones. Disposable gloves are intended for single-use, which lowers the risk of contamination. Face shields are used for facial protection from splashes, sprays, and spatter of blood and other body fluids. Face shields are usually used in conjunction with other PPE, such as surgical masks and goggles.

The respiratory protection product segment is anticipated to register the fastest CAGR over the forecast period. Respiratory Protective Equipment (RPE) has become extremely critical amidst the pandemic. Although Covid-19 vaccines are likely to reduce the intensity of the pandemic, the demand for RPE, such as respirators and surgical masks, is expected to remain strong throughout 2021, thereby driving the segment growth. Goggles and safety glasses are some of the commonly used eye protection equipment.

The hospitals end-use segment led the market and accounted for 55.7% of the global revenue share in 2020. The increasing geriatric population, particularly in developed economies, coupled with rising awareness about HAIs is likely to spur the product demand in hospitals. Moreover, at the onset of the Covid-19 pandemic, healthcare systems experienced a shortage of critical medical supplies, including PPE, owing to overseas supply constraints.

Home healthcare services refer to professional services, including aid in daily activities, private-duty nursing care, rehabilitative therapy, and others offered at the patient’s home by healthcare professionals. Factors including a rising aging population and increased patient preference for value-based healthcare are likely to drive the demand for home healthcare services, which, in turn, will drive the segment growth.

The outpatient/primary care facilities end-use segment is likely to register a CAGR of 9.7% over the forecast period. Primary care physicians act as the first contact and examine patients having undiagnosed health concerns or symptoms. Thus, PPE plays an important role in such cases to avoid cross-contamination. The increasing number of patients visiting primary care services for consultation is likely to augment the product demand in this segment over the forecast period.

The others end-use segment includes dental offices, mental institutes, and emergency care. Dentists often use PPE, such as gloves, masks, face shields, and protective clothing, as they are often exposed to infectious materials, such as blood and saliva, during dental procedures. Moreover, PPE has become extremely crucial for dentists, especially during the Covid-19 pandemic, as the disease primarily spreads through person-to-person contact.

Europe led the global healthcare personal protective equipment market and accounted for 34.6% of the revenue share in 2020. The Covid-19 pandemic has drastically increased the product demand in the region. The European Commission has urged manufacturers to convert their existing facilities to produce PPE to increase the production of gowns, coveralls, face masks, gloves, and googles. Moreover, it is working with EU countries to ensure the free flow of PPE within the internal market.

The German Health Ministry has requested the German multinationals, such as BASF and their network of contacts abroad, especially in China, to procure protective equipment and clothing. The product shortage had become apparent at many clinics and hospitals in Germany, owing to which, the government has started an open process for PPE tenders to speed up the process and bypass administrative hurdles.

Key Players

  • 3M

  • DuPont

  • Honeywell International, Inc.

  • Medline Industries, Inc.

  • Cardinal Health

  • Ansell Ltd.

  • Kimberly-Clark Corporation

  • O&M Halyard, Inc

Market Segmentation

  • Product Outlook

    • 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

  • End-use Outlook

    • Hospitals

    • Home Healthcare

    • Outpatient/Primary Care Facilities

    • Others

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • France

      • Italy

      • Russia

      • Spain

      • U.K.

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

      • Indonesia

      • Australia

      • Thailand

      • Malaysia

    • Central & South America

      • Brazil

      • Argentina

    • Middle East

      • United Arab Emirates (UAE)

      • Saudi Arabia

      • Africa

      • South Africa

The Healthcare Personal Protective Equipment market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Healthcare Personal Protective Equipment market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Healthcare Personal Protective Equipment market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare Personal Protective Equipment market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Healthcare Personal Protective Equipment market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Healthcare Personal Protective Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Healthcare Personal Protective Equipment by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Healthcare Personal Protective Equipment market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Healthcare Personal Protective Equipment market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Healthcare Personal Protective Equipment market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Healthcare Personal Protective Equipment industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Healthcare Personal Protective Equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Healthcare Personal Protective Equipment market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Healthcare Personal Protective Equipment market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Healthcare Personal Protective Equipment market. These factors have benefited the growth of the global market for Healthcare Personal Protective Equipment. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Healthcare Personal Protective Equipment. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Healthcare Personal Protective Equipment are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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