COVID 19 Analysis: Healthcare Personal Protection Equipment Market Application, Solutions, Developments Status, Innovative Technologies, Segmentation, Trends

Given the debilitating impact of COVID-19 (Coronavirus) on Healthcare Personal Protection Equipment Market, companies are on the lookout for starting production lines. Get an inside look at the market prospects and its future decisions in light of the pandemic and other such unforeseen circumstances.

Healthcare Personal Protection Equipment Market Analysis  

The global healthcare personal protection equipment market is likely to touch USD 10.116 billion at a 9.17% CAGR between 2019- 2027, according to the recent Market Research Future (MRFR) report. Personal Protective Equipment or PPE, simply put, are protective gears for offering protection to workers by decreasing the exposure to biological agents. Some of the components of PPE include shoe cover, coverall/gowns, gloves, mask, face shield, goggles, and others.  

Various factors are propelling the global healthcare personal protection equipment market growth. Such factors, according to the new MRFR report, include growing demand for protective clothing, respiratory protection, and hand protection to ensure the safety of people at the time of the ongoing coronavirus pandemic, technological advances in surgery like High-Reliability Organizing, increasing initiatives by the government for increasing the imports of PPE, increasing production of integrated and cost-effective PPE, rising end user demand, and the emergence of several local PPE manufacturers.  

On the contrary, high raw material cost and inadequate supply during the COVID-19 outbreak are factors that may limit the global healthcare personal protection equipment market growth over the forecast period. 

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Covid-19 Analysis /Covid-19 Impact on the Healthcare Personal Protection Equipment Market  

Healthcare Personal Protection Equipment (PPE) are protective gears that are designed to safeguard the workers by minimizing the exposure to a biological agent. PPE helps healthcare workers to fight against novel coronavirus (COVID-19). The World Health Organization (WHO) has recommended several governments worldwide to increase the production of masks, gloves, respirators, and coveralls/gowns. It also recommended that PPE manufacturers must increase their production by 40% and prioritizing their orders to countries with a high demand-supply gap.   

Several countries, including India, have considered importing PPE kits to meet its requirements from China, Singapore, and South Korea. Although a tender was rolled out last week by the government’s nodal procurement agency HLL Lifecare, the government has chosen not to wait for the bids to be released, rather than source it from other countries. As of the 3rd week of April, the coronavirus (COVID-19) pandemic crossed two million cases globally. The increasing demand for hand protection, respiratory protection, and protective clothing in the healthcare industry to ensure people’s safety during the ongoing COVID-19 pandemic is expected to boost the demand for PPE.  Furthermore, the increasing government initiatives to facilitate the import of PPE is expected to drive the market growth. For instance, in March 2020, in response to the COVID-19 outbreak, the Food and Drug Administration (FDA) initiated numerous steps to improve the US stocks of PPE. A few of its measures include adjustments in import screening, flexibility to manufacturers, and creation of special mailbox service, among other provisions.

As the COVID-19 disease has spread outside China, countries such as Italy, Iran, the US, and Spain are leading in the number of positive cases. Demand needs from low- and middle-income countries buying PPE through the United Nations Children’s Fund (UNICEF) are being informed by UNICEF’s program guidance for the coronavirus and regarding the WHO interim guidance on the rational use of PPE for combating COVID-19.

The global shortages of PPE kits have led to the emergence of local PPE manufacturers. For instance, in India, the Union Textiles Ministry and the Health Ministry has said the government is augmenting the supplies of PPE, including body coveralls, N-95 masks, and 2-ply/3-ply surgical masks, that are required by healthcare professionals treating COVID-19 cases. Furthermore, more than 130 Australian companies have responded to an urgent call to dramatically boost the manufacturing of face masks, gowns, and gloves to deal with the COVID-19 crisis. Furthermore, 3M Co, an American multinational conglomerate corporation, has ramped up its production of N-95 respirators, doubling its normal output. The company is currently manufacturing 100 million N-95 respirators per month worldwide, with 35 million of these being produced in the US. Furthermore, 3M Chief Executive Officer Mike Roman has stated that the company aims to increase its US production of N-95 respirators even further and reach 50 million per month by June 2020. In addition to the demand for N-95 respirators far outstripping current manufacturing capabilities, the ongoing supply chain issues are also contributing to shortages. According to the WHO modelling, an estimated 89 million medical masks per month are required in COVID-19 response.

Amid an unprecedented global health crisis, the key, however, will be for manufacturers to focus on how they can contribute in controlling the spread of COVID-19 and save lives.

Personal Protection Equipment are helping healthcare workers in fighting against COVID-19 pandemic. The WHO has suggested governments across the world to boost the production of coverall/gowns, respirators, gloves, and masks. Besides, the PPE manufacturers have been suggested to boost their production by about 40% as well as prioritizing their orders in countries having a huge demand-supply gap. The burgeoning demand for protective clothing, respiratory protection, and hand protection in the healthcare sector to ensure the safety of people during this outbreak is predicted to increase the demand for PPE. 

Market Research Future (MRFR) collected data on several factors including implications of COVID 19 Impact on Healthcare Personal Protection Equipment Marketand demographic challenges, showed how it could move forward in the coming years.

Healthcare Personal Protection Equipment Market Segmentation 

The MRFR report offers an inclusive segmental analysis of the global healthcare personal protection equipment market report based on end use and product.  

By product, the global healthcare personal protection equipment market is segmented into protective footwear, respiratory protection, face, head, and eye protection, protective clothing, hand protection, and others. Protective clothing is again segmented into gowns, coveralls, and others. Respiratory protection is again segmented into respiratory masks, surgical masks, and others. Hand protection is again segmented into sterile gloves, chemical handling, surgical, and general-purpose. Of this, respiratory protection will dominate the market over the forecast period for the increasing demand for respirators and surgical masks to protect the staff in hospitals and clinics against contaminants and pathogens. 

By end use, the global healthcare personal protection equipment market is segmented into academic and research institutes, hospitals and clinics, diagnostic laboratories, ambulatory surgical centers, and others. Of these, hospitals and clinics will have lions share over the forecast period for the rising number of physicians in emerging economies and the increasing number of people choosing medical services for treatment.  

Healthcare Personal Protection Equipment Market Regional Analysis  

Based on the region, the global healthcare personal protection equipment market report covers the recent trends & growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will have the lions share in the market over the forecast period for increasing cases of COVID-19 infection, the rising concerns about safety and health of healthcare professionals, and increasing government initiatives.  

The global healthcare personal protection equipment market in Europe is likely to possess the second-largest share during the forecast period for the increasing healthcare expenditure that is leading in increasing consumption and production of medical products and devices.  

The global healthcare personal protection equipment market in the APAC region is predicted to grow at a fast rate over the forecast period. Factors fuelling market growth include a high target population, increasing focus of government towards healthcare facilities, and technological advances.  

The global healthcare personal protection equipment market in the MEA is predicted to have sound growth over the forecast period for the increasing penetration of personal protective equipment in South Africa and the UAE.  

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Healthcare Personal Protection Equipment Market Key Players 

Notable players profiled in the global healthcare personal protection equipment market report include KOWA (Japan), Med-Con (Australia), priMED Medical Products, Inc. (Canada), Halyard Health, Kimberly-Clark Worldwide, Inc. (US), Plasti Surge Industries Pvt. (India), Alpha Pro Tech (Canada), Medisca Inc. (US), Crosstex International, Inc. (US), DuPont (US), Sterimed (US), Ansell (Australia), Medtronic PLC (Ireland), Honeywell International Inc. (US), and 3M. 

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