COVID-19 Impact on PPE in Healthcare Workplace
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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The Global Personal Protective Equipment (PPE) Distribution Market report comprises a brief introduction of the competitive landscape and geographic segmentation, innovation, future developments, and a list of tables and figures. Competitive landscape analysis provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, and revenue, market share, price, production sites and facilities, SWOT analysis, product launch. The next section focuses on industry trends where market drivers and top market trends are shed light upon. The report offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Personal Protective Equipment (PPE) Distribution Industry. This report investigates market-based on its market fragments, chief geologies, and current market patterns.
Impact on demand
Rising number of cases of corona virus is increasing the demand of PPE across the globe. According to the UNICEF, the demand for PPE products has surged 1000-2000 fold. Earlier in 2017-2019, the annual demand for coveralls and gowns by low and middle-income countries sourced by UNICEF did not exceed 50,000 units. However, the current demand for three months of these products is around 25 million. Similarly, for different types of facemasks, earlier the annual average procurement sourced by UNICEF was not more than 25000 units but now it has exceeded 55 million due to this target disease.
Based on Geography, the Personal Protective Equipment Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded the largest size in the Personal Protective Equipment Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
Furthermore, according to the WHO, there is a need of around 89 million masks for the COVID-19 response every month. While for gloves, the demand goes up to 76 million and for googles, it is around 1.6 million every month.
Moreover, the rising demand for N-95 masks has impacted the manufacturing of other PPE products. Companies have shifted their focus towards gloves and masks and have stopped manufacturing other products such as chemical resistant gloves, welding helmets, and industrial safety glasses.
The Global Personal Protective Equipment Market is expected to grow from USD 54,461.87 Million in 2019 to USD 95,013.00 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.71%.
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
The report answers questions such as:
1. What is the market size and forecast of the Global Personal Protective Equipment Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Personal Protective Equipment Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Personal Protective Equipment Market?
4. What is the competitive strategic window for opportunities in the Global Personal Protective Equipment Market?
5. What are the technology trends and regulatory frameworks in the Global Personal Protective Equipment Market?
6. What are the modes and strategic moves considered suitable for entering the Global Personal Protective Equipment Market?
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