Top Key-Players To Re-Define Growth For The Surgical And Respiratory Masks Market - PowerPoint PPT Presentation

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Top Key-Players To Re-Define Growth For The Surgical And Respiratory Masks Market

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The global surgical and respiratory masks market is expected to expand at an impressive CAGR of 8% during the forecast period of 2020 to 2030, to be valued around US$ 6.7 Bn by 2030. – PowerPoint PPT presentation

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Title: Top Key-Players To Re-Define Growth For The Surgical And Respiratory Masks Market


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Surgical And Respiratory Masks Market
Report Id PMRREP32047 Category Life Science
Healthcare
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Top Key-Players To Re-Define Growth For The
Surgical And Respiratory Masks Market
  • Surgical and respiratory masks are playing a
    crucial role during the COVID-19 pandemic and for
    the prevention of other diseases too. These masks
    are the most effective and economic
    non-pharmaceutical intervention measure to curb
    the spread of infection, which has been made
    mandatory to wear in public by various
    governments. Surgical masks are an inevitable
    requirement in hospitals, and respiratory masks
    provide high-end protection from pathogenic
    microbes and viruses, which eventually contrives
    toward massive demand from public and healthcare
    workers. Escalated production, mass procurements,
    recent product launches, and innovative features
    by key players are major factors anticipated to
    fuel market growth. The global surgical and
    respiratory masks market is expected to expand at
    an impressive CAGR of 8 during the forecast
    period of 2020 to 2030, to be valued around
    US 6.7 Bn by 2030.

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Key Takeaways from Surgical and Respiratory Masks
Market Study
Respirators contributed for a larger revenue
share than surgical masks in the global surgical
and respiratory masks market in 2019, owing to
their advanced filters, high adoption rate,
high-end protection from viruses and toxic gases,
and higher cost. Reusable surgical and
respiratory masks are anticipated to grab notable
share in the usage segment due to their massive
acceptance, cost-effectiveness, and eco-friendly
nature. Institutional sales held more than half
of the value share of the distribution channels
in the global surgical and respiratory masks
market, due to preference for their quality and
originality. North America dominates the revenue
share of the global surgical and respiratory
masks market, and is expected to be more
lucrative with massive demand for surgical and
respiratory masks to prevent contagious
respiratory diseases. Global downturns, looming
economy, high expenses of masks, counterfeit
respirators, and scarce availability are
anticipated to decelerate the growth of the
global surgical and respiratory masks
market. Massive demand driven by the COVID-19
pandemic and other chronic diseases, along with
product launches by key players to provide
advanced and safer protection are projected to
propel the growth of the global surgical and
respiratory masks market, says a PMR analyst.
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