Surgical Mask Market 2022 Industry Share, Strategy, Geographical Statistics, Growth Status, Key Cost Structure and Future Investments Analysis Report 2030

(Heraldkeepers via Comtex)

Report Ocean presents a new report on Surgical Mask Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market's future.

Global Surgical Mask Market is valued approximately at USD 48.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2020-2026.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market's future growth.

Due to COVID-19 pandemic situation across the world, the need of surgical masks has been rising over the forecast period. Surgical masks protect doctors and surgeons from harmful infections as well as pathogens that may get suspended in the surgery room. Surgical masks vary by quality and levels of protection as it is available in variety including Anti-Fog Surgical Mask, Basic Surgical Mask, Fluid/Splash Resistant Surgical Mask, N95 Mask, and Others.

The advent of new surgical practices in the domain of medicine, need for improved safety standards and panic around corona-virus among people are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of products and strategic alliance by various market players will create a lucrative demand for this market.

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For instance, as per company's news release on 31st March 2020, Due to COVID-19, Medline Industries agreed to reprocess around 1,00,000 N95 respirators and other face masks per day in its own facilities, will supplement the more than 38 million masks the company has distributed on average each month in 2020. However, concerns with respect to disposal of non-woven disposables along with rise in prominence of less offensive surgeries is the major factor restraining the growth of global Surgical Mask market during the forecast period.

The regional analysis of global Surgical Mask market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world due to the increasing advancements in the field of medical and surgical procedures in the US and Canada. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026.
Smith & Nephew plc
Molnlycke Healthcare
Medline Industries Inc.
Ansell Healthcare Products LLC
Halyard Health
Honeywell International Inc.
Johnson & Johnson
Karl StorzSE & Co. KG

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Anti-Fog Surgical Mask
Basic Surgical Mask
Fluid/Splash Resistant Surgical Mask
N95 Mask
Others

By Distribution Channel:
Drug Stores
Hospitals and Clinics
Online Stores

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By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017, 2018
Base year - 2019
Forecast period - 2020 to 2026

Target Audience of the Global Surgical Mask Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment banker

What are the aspects of this report that relate to regional analysis?

The report's geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
How are the key players in the market assessed?
This report provides a comprehensive analysis of leading competitors in the market.
The report includes information about the key vendors in the market.
The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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Source - HeraldKeeper
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