Global N95 Mask Sector Predicted to Grow at 14.52% CAGR from 2023-2029
N95 Mask Market Overview:
The report provides the analysis of the global "N95 Mask Market" in depth with a focus on market dynamics, competitive scenario, regional growth, segment-wise analysis, and important growth strategies. The analysis covers a wide range of industry verticals as well as a thorough examination of the N95 Mask market size and share.
N95 Mask Market Report Scope and Research Methodology:
This research goes deep into demand projections, market trends, and both micro and macro variables. It also offers detailed insights into the factors propelling or limiting growth in the N95 Mask market. The report presents the MMR Matrix, which furnishes existing and potential market players with valuable information regarding investment possibilities. Analytical techniques like Porter's five forces analysis and PESTLE have been applied to provide market insights for the N95 Mask market. Furthermore, the study examines ongoing market trends and forecasts for the years 2023-2029. Anticipated significant developments that could impact demand during this projected timeframe are also analyzed. The estimation of the N95 Mask market size was carried out using a bottom-up approach.
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Forecast for Market Growth:
N95 Mask Market size was valued at US$ 2.19 Bn. in 2022 and the total revenue is expected to grow at 14.52 % through 2023 to 2029, reaching nearly US$ 5.66 Bn.
N95 Mask Market Dynamics
Stricter occupational safety regulations, especially in industrialized countries, as well as an increase in the number of surgeries and ICU admissions, are projected to fuel market expansion. An increase in the number of doctors working in both public and private healthcare facilities, along with a rise in the volume of procedures carried out in the healthcare industry, is driving up the demand for disposable facemasks. Face mask demand is predicted to be driven globally by an increase in the number of orthopedic operations, cataract treatments, and ophthalmologists. Experts in medicine carry out more than 23 million procedures globally, of which 53 percent are minimally invasive. Furthermore, throughout the past ten years, the number of minimally invasive hysterectomy surgeries performed in the US has skyrocketed.
The need for various face masks is also increasingly being driven by infections that occur in hospitals. In order to prevent the spread of hospital acquired infections, or HAIs, medical staff must use disposable medical gloves. HAIs are still a significant issue in the healthcare sector. Hospitals, outpatient clinics, long-term care institutions, and home care agencies are at high risk of healthcare-associated infections (HAIs) due to elevated rates of death and morbidity, extended hospital stays, superbug transmission, inadequate infection control protocols, and disease outbreaks.
N95 Mask Market Regional Analysis:
The reports offer geographical insights that ensure readers have a comprehensive understanding of the N95 Mask market at a regional scale. To make informed evaluations of potential policy choices in the face of global market shifts, it's crucial to possess a thorough grasp of regional energy dynamics, economic factors, political influences, and geographic nuances. This study furnishes readers with regional viewpoints regarding the N95 Mask market and the possibilities for local growth, along with the limitations specific to each geographical area.
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.)
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N95 Mask Market Segmentation
by Uses
Reusable
Disposable
by Product
With Exhalation Valve
Without Exhalation Valve
The worldwide N95 Mask market is divided into two segments: With Exhalation Valve and Without Exhalation Valve, based on the product. In 2022, the sector with the biggest market share, 80%, was Without Exhalation Valve. One type of respiratory protection equipment that fits your face more tightly and effectively filters airborne particulate matter is a N95 mask without an exhalation valve. The N95 design indicates that at least 95% of minuscule test particles can be kept out of the mask. There is no valve on these masks. Due to the high level of protection provided both during inhalation and exhalation, there will probably be a significant increase in demand for N95 masks without an exhalation valve. Numerous medical institutions, including the Centers for Disease Control and Prevention (WHO),The usage of these masks is being promoted by the Centers for Disease Control and Prevention (CDC) and health ministries in several nations in an effort to stop the virus from spreading from an infected person to the general public.
by Distribution Channel
Online
Offline
by End-User
Healthcare
Construction
Manufacturing
Others
The segments of the worldwide N95 Mask market are manufacturing, construction, healthcare, and others. In 2022, the segment with the biggest market share, Construction, accounted for 38%. When performing cleanup and demolition work, construction workers wear these masks to protect themselves from asbestos exposure and common hazards like silica dust from cutting and grinding dirt. They also wear these masks to protect themselves from fumes, vapours, dust, and gases.
By 2029, the healthcare industry is anticipated to have the biggest market share for N95 masks. Due to the growing demand for frontline staff such as nurses and doctors Premier, a significant medical supply company in the US, reports that the use of N95 masks has increased 500% since July 2021 and that the cost of N95 and KN95 masks has increased by more than 14,000% since March.
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N95 Mask Market Key Competitors
1. ANSELLLTD
2. 3M
3. Cardinal Health
4. Cambridge Mask Co
5. Honeywell International Inc.
6. JIANGSU TEYIN IMP. & EXP. CO., LTD.
7. Kimberly-Clark Worldwide, Inc.
8. Kowa Company Ltd.
9. Ohlone Press LLC
10. The Gerson Company
11. Medline Industries, Inc.
12. O&M Halyard
13. Ansell Ltd.
14. Prestige Ameritech
15. Reckitt Benckiser
16. Shanghai Dasheng
17. Vogmask
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Key Questions answered in the N95 Mask Market Report are:
- What is N95 Mask?
- What are the current trends that may negatively impact the N95 Mask market?
- How will the major segments of this international N95 Maskmarket develop over the next few years?
- Who are the major players that are expected to dominate the N95 Mask market in the future?
- What is the growth forecast for N95 Mask market?
- Which region is expected to hold the largest N95 Mask market share?
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