The Masks (N95 Respirators And Other Surgical Masks) Market Share, Market Size, And Growth Rate 2022
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The masks (N95 respirators and other surgical masks) market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
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The Masks (N95 Respirators And Other Surgical Masks) Market Size In 2022 And Forecast
The global masks (N95 respirators and other surgical masks) market grew from $12.37 billion in 2021 to $13.46 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The masks (n95 respirators and other surgical masks) market is expected to grow to $18.1 billion in 2026 at a CAGR of 7.7%.
The market for N95 respirators and other surgical masks (face masks) consists of sales of N95 respirators and other surgical face masks that are used as personal protective equipment to protect the wearer from airborne particles and liquid contaminating the face.
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Rise In The Outbreak Of Airborne Diseases Is Driving The Growth Of The Masks (N95 Respirators And Other Surgical Masks) Market
Airborne transmission of infectious agents refers to the transmission of disease caused by the dissemination of droplet nuclei that remain infectious when suspended in air over long distances and time. Precautions that create a barrier and procedures that decrease or eliminate the microbe in the environment or on personal belongings, form the basis of interrupting transmission of direct contact diseases. The spread of airborne diseases like seasonal influenza kills 200–500 thousand people annually, influenza A (H1N1) caused 1,076 deaths in 2019, many of whom were healthy adults. These recent outbreaks remind us of the potential for a pandemic such as the Spanish flu of 1918–1920 which killed 50–100 million people and now it is the recent outbreak of COVID-19. This is expected to drive the growth of the masks market by several folds in the short term.
Competitive Landscape And The Regional Analysis Of The Masks (N95 Respirators And Other Surgical Masks) Market
Major players in the masks (N95 respirators and other surgical masks) market are 3M Company, Smith and Nephew, Molnlycke Healthcare, Medline Industries, Johnson and Johnson, DUKAL Corporation, Key Surgical, DYNAREX, CM, and ZHONGT.
Additionally, as per TBRC’s research – North America was the largest region in the masks (N95 respirators and other surgical masks) market in 2021 holding the largest market share.
The Masks (N95 Respirators And Other Surgical Masks) Global Market Report 2022 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 countries covered in the masks (N95 respirators and other surgical masks) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. 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.
Shifting Towards Disposable Devices In Developed Countries – A Key Trend In The Masks (N95 Respirators And Other Surgical Masks) Market
Disposable masks eliminate the need for product sterilization and reduce cross-contamination with other reusable products. They are also cost-effective, prevent contamination, and reduce hospital stay, whereas reusable non-woven, masks need to be decontaminated, washed, sterilized for every reuse. Although, reusable surgical face masks can be sterilized and laundered for reuse but are less protective and more time-consuming for production as well as washing and sterilization for reuse.
Masks (N95 Respirators And Other Surgical Masks) Market Segmentation By The Business Research Company
1) By Type: N95 Respirator, Common Grade Surgical Mask, Other Types (Comfort Masks/Dust Masks)
2) By End-User: Hospital and Clinics, Individual, Industrial, Other End Users
3) By Nature: Reusable, Disposable
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