Medical Mask Industry is expected to growth rate of 10.0% Y-o-Y to US$ 9.8 Billion in 2030

There has been an increasing demand for medical masks recently, creating an absolute opportunity for growth of the medical mask market.  A new Future Market Insights (FMI) report reveals that the global medical mask market will experience a major upturn post 2022, .Medical mask demand is anticipated to increase globally at a 10.0% Y-o-Y annual growth rate to US$ 9.8 billion in 2030.

Medical facility highly depends on medical mask during surgeries. The availability of different versions of mask for different applications across different end-users, such as ambulatory surgical Centre’s, hospitals, dental settings, etc., are expected to fuel the growth of the medical mask market throughout the forecast period.

Get Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11288

Consistent growth in the number of surgeries performed globally is boosting the demand for anesthesia mask and laryngeal masks, which is expected to contribute to the growth of the medical mask market during the forecast period.

Increasing number of infectious diseases and pollution as well as growth in the number of surgeries worldwide are providing further impetus to the growth of medical mask market.

The COVID-19 Impact on Medical Mask Sales

The novel coronavirus (COVID-19) pandemic has put a huge strain on the medical mask market, with the gap between supply and demand gradually widening. COVID-19, being primarily a respiratory disease, makes it imperative to incorporate personal protective equipment (PPE) such as medical masks for both, medical professionals and general public. This is both a challenge and opportunity for market players, which are focusing on scaling up production capacities in order to satiate the rapidly growing demand.

Ask from Market Research Expert @
https://www.futuremarketinsights.com/ask-question/rep-gb-11288

Key Takeaways of Medical Mask Market Study

  • In terms of product type, N95 respirators are expected to contribute over 25% of revenue in the medical mask market.
  • Owing to low product cost and demand, surgical mask is the most preferred choice among costumers.
  • Surgeries dominate the medical mask market by application, as medical professionals mostly prefer medical masks during surgeries to avoid contamination.
  • In terms of end user, hospitals are expected to capture over 50% of share in the medical mask market during the forecast period.
  • North America is the highest revenue generating market by region due to well-established and sophisticated healthcare infrastructure. East Asia is expected to offer lucrative opportunities owing to rapid healthcare programs and flourishing medical facilities.

Leading Manufacturers Focus on Mergers & Acquisitions

Leading manufacturers in the medical mask market are focusing on regional mergers & acquisitions to enhance their product portfolio and expand their regional presence.  For instance, in 2021, Examinetics announced its collaboration with Moldex-Metric Inc. to offer online respirator clearance evaluations. In 30 march 2022, the company moved quickly to expand its production capacity for N95 masks and start its new operation in Phoenix.

Request Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-11288

Want more insights?

Medical mask market, a new study from future market insights, opines on the application of Medical mask from 2014 – 2021 and presents demand projections from 2022 – 2030 on the basis of; product type (surgical mask, N95 respirators, face mask, full-face mask, laryngeal masks and anesthesia masks), application (respiratory safety, infections disease, allergies and surgeries) and end user (hospitals, academic & research institutes, diagnostic laboratories, individual) across seven prominent regions.

Key Market Segments Covered In Medical Mask Industry Research By Product :

  • Surgical mask
  • N95 Respirators
  • Face mask
  • Full-Face Mask
  • Laryngeal Masks
    • Disposable Laryngeal Masks
    • Reusable Laryngeal Masks
  • Anaesthesia Masks
    • Disposable Anaesthesia Masks
    • Reusable Anaesthesia Masks

By Application :

  • Infections Disease
  • Respiratory Safety
  • Surgeries
  • Allergies
  • Others

By End User :

  • Hospitals
  • Diagnostic Laboratories
  • Research and Academic Institutes
  • Others

By Region :

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
Dubai,
United Arab Emirates
For Sales Enquiriessales@futuremarketinsights.com
Websitehttps://www.futuremarketinsights.com
LinkedInTwitterBlogs

Leave a comment

Your email address will not be published. Required fields are marked *