Medical Masks Market to Reach $2.15 Billion by 2027

Medical Masks Market |2021 Analysis, Key Opportunities Major Players, Impact of COVID-19 and Size, Growth, Share, Regional Analysis With Global Industry Forecast To 2027, The global “Medical Masks Market” is projected to reach USD 4.11 billion by the end of 2027. The increasing incidence of coronavirus across the world will have a huge impact on market growth. According to a report published by Fortune business Insights, titled “Medical Mask Market Size, Share Industry Analysis, By Type (Surgical Mask, Respirators, and Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and Regional Forecast, 2020-2027,” the market was worth USD 2.15 billion in 2019 and will exhibit a CAGR of 8.5% during the forecast period, 2020-2027.

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Highlights of the Report:

In-depth analysis of various insights, namely, Medical Mask Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Medical Mask Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.

Medical Masks Highlights of the Report:

Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

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Key Players Operating in The Medical Mask Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

3M (U.S.)
Honeywell International Inc. (U.S.)
Halyard Worldwide, Inc. (U.S.)
KCWW (U.S.)
Henry Schein, Inc. (U.S.)
ANSELL LTD. (Australia)
Cardinal Health (U.S.)
Prestige Ameritech (U.S.)
Other Prominent Players

Emphasis on Distribution of PPE to Aid Growth

The report encompasses several factors that have contributed to the growth of the overall medical masks market in recent years. The increasing prevalence of viral diseases and infections has been a primary factor that has influenced the growth of the market. But most recently, the coronavirus outbreak has created a huge demand for personal protective equipment (PPE) across the world. The coronavirus has spread to 80% countries across the world and the number of infected cases crossed 2.7 million. This pandemic has created a huge awareness regarding preventive measures. During these pandemic, governments as well as private organizations are putting in several efforts for distribution of personal protective equipment in several countries across the world. In April 2020, the US Department of Justice and the US Department of Health and Human Services announced that it has initiated the distribution of PPE, including a total of 192,000 NHH-95 masks to healthcare workers across New York and New Jersey.

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North America to Emerge Dominant; Increasing Covid-19 Cases Will Aid Market Growth

The report analyzes the ongoing market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in in North America is likely to emerge as the dominant region, owing to the growing incidence of coronavirus infections in several countries across this region. As of April 2020, the United States has reported the highest number of coronavirus cases. The increasing demand for medical masks in several countries across this region will open up a huge potential for the companies operating in the regional market.

Report Focus: