Medical Equipment

The Masks (N95 Respirators And Other Surgical Masks) Market Forecast Until 2030 – Opportunities And Strategies

November 29, 2022 by The Business Research Company

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The masks (n95 respirators and other surgical masks) market is expected to decline from $38.39 billion in 2021 to $10.31 billion in 2026 at a rate of -23.1%. The global masks (N95 respirators and other surgical masks) market size is then expected to decline at a CAGR of -9.8% from 2026 and reach $6.17 billion in 2031.

The masks (N95 respirators and other surgical masks) market consists of sales of N95 respirators and other surgical masks (face masks) by entities (organizations, sole traders, and partnerships) that are used as personal protective equipment to protect the wearer from airborne particles and from liquid contaminating the face.

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Masks (N95 Respirators And Other Surgical Masks) Market Driver
Rising number of online pharmacies is expected to contribute to the growth of the masks (N95 respirators and other surgical masks) market in the forecast period. Rapid growth in Internet penetration coupled with the rising number of smart phone users and e-prescriptions is increasing the use of online pharmacies. Several advantages offered by online pharmacies such as availability of more options, ease of comparison of products, discounts and offers, and convenience in ordering and returning products make these a preferred option.

Masks (N95 Respirators And Other Surgical Masks) Market Trends
The masks manufacturing companies and research organisations are focusing on developing innovative masks with integrated artificial intelligence technologies, to increase the performance of the respirator, embedded in the product. Artificial Intelligence (AI) is a branch of computer science that deals with the simulation of human intelligence through robotic devices. Artificial intelligence is applied in masks for analysing and interpreting the data collected by the devices. The predictive analytics offered by machine learning, a branch of Artificial Intelligence, helps researchers to analyze respiratory patterns during different activities.

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Opportunities And Recommendations For The Masks (N95 Respirators And Other Surgical Masks) Market

Opportunities – Market-trend-based strategies for the masks (N95 respirators and other surgical masks) market include development of N95 masks with added Bluetooth technology, integration new technologies to enhance customer satisfaction, technological advancements, increasing mergers and acquisition activity, investing in biodegradable and reusable materials, nanotechnology, manufacturing of personalized or customized masks, and development of reusable silicon masks.

Recommendations – The Business Research Company recommends the masks (n95 respirators and other surgical masks) market companies to expand through collaborations, focus on technological improvements, establish operations in emerging markets, establish authorized distributors and sales representatives, leverage e-commerce to maximize reach and revenues, provide competitively priced offerings in low-income countries, build strategic relationships with large-scale end-users, leverage social media, establish partnerships with big brands and focus on hospitals and other diagnostic centers.

Major Players And Regions Of The Masks (N95 Respirators And Other Surgical Masks) Market
Major players in the masks (n95 respirators and other surgical masks) market are Honeywell International Inc, BYD Co. Ltd., The 3M Company, Intco Medical Technology Co. Ltd., and Unicharm Corporation.

Asia Pacific was the largest region in the masks (n95 respirators and other surgical masks) market and Asia Pacific and South America are expected to be the fastest-growing region in the forecast period.

The Masks (N95 Respirators And Other Surgical Masks) Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the masks (n95 respirators and other surgical masks) market.

Masks (N95 Respirators And Other Surgical Masks) Market Segmentation By The Business Research Company

1) By Type: N95 Respirator, Common Grade Surgical Masks, Others (Comfort Masks/Dust Masks)

2) By End User: Hospitals and Clinics, Individual, Other End User

3) By Nature: Reusable, Disposable

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