COVID-19 Impact and Recovery Analysis- Global Personal Protective Equipment
The outbreak of COVID-19 is having a huge impact on the healthcare industry majorly the PPE (Personal Protective Equipment). PPE includes gloves, mask, gown, goggles, N95 respirators, and hand sanitizer. Currently, it is the only preventive measure for the healthcare professional to prevent themselves from the spread of corona virus.
Many countries are involved in manufacturing of PPE products. Among which, China is the largest producer. According to the UNICEF, China produces approximately 50% of global surgical masks. Other countries include Taiwan which produces around 20% of global supply of face masks alone followed by India, Mexico, U.S., Japan, Malaysia, Korea, European countries, and others.
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Leading players of the global PPE (Personal Protective Equipment) market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global PPE (Personal Protective Equipment) market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global PPE (Personal Protective Equipment) market. It also provides useful recommendations for new as well as established players of the global PPE (Personal Protective Equipment) market.
The Personal Protective Equipment (PPE) is projected to lead the industry for utilizing applications during the forecast period covering: Manufacturing, Construction, Oil and Gas, Transportation, Chemicals, Food, Pharmaceuticals, Others
Global Medical Personal Protective Equipment (PPE) Market was valued at USD 4907.2 Million in the year 2019. Escalating number of cases related to communicable diseases with growing prevalence of Influenza, Hepatitis supported by ever growing geriatric population and companies making huge investments in incorporating advanced technology in order to offer high quality, latest technology products to hospitals and healthcare units with growing transmission of coronavirus across the world anticipated to infuse growth in the market for Medical Personal Protective Equipment (PPE) during the forecast period of 2020-2025.
Hospitals, followed by Ambulatory Surgical Centers attained substantial market share under End User segment, chiefly on the back of burgeoning demand for Medical Personal Protective Equipment (PPE) from hospitals and other healthcare institutes which are engaged in treating COVID-19 patients. Companies are also focusing on boosting their production capacity in order to meet the unprecedented demand for Medical Personal Protective Equipment (PPE) coupled with government partnering with manufacturers to provide Medical PPE Equipment to hospitals and healthcare institutes. These factors are expected to facilitate the market growth in the coming years.
Among the regions, North America, followed by Europe and Asia Pacific, will experience remarkable market share owing to presence of various leading global manufacturers in the region with companies ramping up their production capacity. Increasing number of coronavirus patients in United States supported by investment in expanding product portfolio by manufacturers to offer various types of Medical PPE to users will be accelerating the market growth during the forecast period.
Smart Personal Protective Equipment (PPE) Market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include 3M Co., Ansell Ltd., Baker Hughes Co., Delta Plus Group, DuPont de Nemours Inc., Honeywell International Inc., Intellinium, Kimberly-Clark Corp., MCR Safety, and Radians Inc.
Personal Protective Equipment (PPE) Market in US is segmented as below:
Product
· Hand And Arm Protection
· Protective Clothing
· Foot And Leg Protection
· Respiratory Protection
· Others
End-user
· Manufacturing
· OGM
· Construction
· Others
Since the outbreak of covid-19, who has supplied ppe to the following countries:
Western Pacific region: the Philippines, Vanuatu, Tonga, Solomon Islands, Samoa, Papua New Guinea, Nauru, Mongolia, Lao People's Democratic Republic, Kiribati, Fiji, and Cambodia.
Southeast Asia region: Timor-Leste, Bangladesh, Nepal, Myanmar, Maldives, and Bhutan.
Eastern Mediterranean region: Iran, Morocco, Jordan, Sudan, Pakistan, Somalia, Lebanon, Djibouti, and Afghanistan.
Africa region: Zimbabwe, Seychelles, Madagascar, Senegal, Algeria, Ethiopia, Angola, Togo, Ivory Coast, Kenya, Mauritius, Nigeria, Uganda, Zambia, Tanzania, Ghana, Mauritania, Equatorial Guinea, Gambia, and Mozambique
The following are the measures taken to optimize the availability of ppe:
· Minimize the need for PPE
· Use of telemedicine
· Use physical barriers to reduce exposure
· Restriction of healthcare workers in COVID-19 patient’s room who are not involved in direct care.
Appropriate and rational use of PPE