What Will The Surgical Masks Market Look Like In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s surgical masks market report forecasts the surgical masks market size to grow to $6.37 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.
Learn More On The Surgical Masks Market Report 2023 – https://www.thebusinessresearchcompany.com/report/surgical-masks-global-market-report
Surgical Masks Market Size Forecast
The global surgical masks market is expected to grow from $3.89 billion in 2022 to $4.30 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global surgical masks market size is expected to reach $6.37 billion in 2027 at a CAGR of 10.3%.
Europe held the largest surgical masks market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Surgical Masks Market Driver – Increase In The Number Of Surgeries
According to the Aesthetic Society, a US-based professional organisation of ABPS (American Board of Physician Specialties) board-certified plastic surgeons, surgical treatments increased by 54% in 2021, while non-surgical procedures increased by 44% in 2020. Plastic surgeons performed 320 surgical procedures on average in 2021, and the average cost of a surgical procedure increased by 6%, while the cost of a non-surgical procedure increased by 1%. As a result, the growing number of surgeries is propelling the surgical mask market forward.
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Key Surgical Masks Market Trend – Technological Advancement
Companies in the surgical mask market are embracing new technologies in order to maintain their market position. HeiQ, a Swiss high-tech business established in the United Kingdom that specialises in material breakthroughs and ingredient branding, will unveil HeiQ MetalliQ, a high-tech surgical mask, in June 2021. It is a patented mask with a thin layer of pure copper plating that was created using a sophisticated process known as vapour deposition. This process converts a trace amount of copper into vapour, which is then administered uniformly to surround each fibre. A surgical mask technology has been tested with up to 100% efficiency in eradicating viruses and bacteria.
Surgical Masks Market Segment
1) By Product Type: Basic Surgical Mask, Anti-Fog Foam Surgical Mask, Fluid Or Splash Resistant Surgical Mask, Other Products
2) By Material Type: Polypropylene (PP), Polyurethane, Polyester, Cotton
3) By Distribution Channel: Online, Offline
4) By End-Users: Hospitals, Ambulatory Surgical centers, Individuals, Other End-Users
Surgical Masks Market Major Players and Strategies
Major players in the surgical masks market are 3M, DuPont de Nemours Inc., Medline Industries Inc., Ansell Ltd., O&M Halyard Inc., Cardinal Health Inc., Crosstex International Inc., AlphaProTech, Dynarex Corporation, Honeywell international Inc., Thermo fisher scientific Inc., Moldex-metric Inc., Kowa company Ltd., Medicare Hygiene Limited, Cartel Healthcare Pvt. Ltd., and Premium Health Care Disposables Private Limited.
Aspen Surgical supplies Inc., a French manufacturer of disposable surgical supplies, acquired Precept Medical Products Inc. in May 2020 for an unknown sum. Aspen’s portfolio would be expanded with products vital to the health and safety of healthcare personnel as a result of this acquisition. Precept Medical items is a maker of disposable medical items such as surgical masks, face shields, surgical hoods, and scrubs established in the United States.
The Surgical Masks Global Market Report 2023 covers regional data on surgical masks market size, surgical masks market trends and drivers, opportunities, strategies, and surgical masks market competitor analysis. The countries covered in the surgical masks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
A surgical mask is a disposable, loose-fitting device that creates a physical barrier between the wearer’s lips and nose to keep pollutants out. A surgical mask’s principal duty is to protect patients and healthcare staff from individuals who may have respiratory infections.
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