COVID-19 Personal Protective Equipment (PPE) Market Growth Prospects

Overview

Personal protective equipment includes products such as protective clothing, helmets, goggles and visors, and other garments or equipment designed to protect the user from potential exposure, infection, or injury from biohazards and other threats. PPE safeguards individuals from a range of hazards including physical, electrical, heat, chemicals, biohazards, and airborne particulate matter. This equipment is extremely critical, in the diagnosis and treatment of a wide range of infectious diseases, as well as to ensure the safety of medical personnel in laboratories, research centers, and other settings, where there is potential to contract infections or other related diseases. The global personal protective equipment market report is segmented on the basis of type, application, end-users, as well as regions and countries.

A major factor presently fueling growth of the global personal protective equipment market is the lack or low availability of various types of PPE required to ensure the safety of essential service professionals from coming in contact with potential carriers.

Dynamics

Since the outbreak of the novel coronavirus or COVID-19 in December of 2019, the need for protective equipment and other related gear has become far greater and has gaining a heightened sense of urgency, considering that the outbreak was only classed as a pandemic in March 2020. Since the initial reporting of this virus in Wuhan, China, numerous deaths and infections have been recorded across the world. The virus succeeded in infiltrating international borders, usually through an infected host or carrier, which has resulted in respective governments across the globe imposing the total lockdown of states, cities and towns. Individuals have been instructed to stay in their respective homes, as social/physical distancing has been effectively proven to curb the trajectory of this infectious virus. The virus is primarily spread from an infected individual to a healthy one via droplets ejected in respiratory fluids (sneezing, coughing, etc.) that may remain in the air for a period of time, eventually blanketing surface areas within its vicinity. With hospitals around the world facing the gargantuan task of treating infected patients, the testing of potentially infected individuals, as well as the treating of patients housed in isolation wards and habilitation centers, the need for adequate personal protection equipment and gear is of paramount importance.

A major factor presently fueling growth of the global personal protective equipment market is the lack or low availability of various types of PPE required to ensure the safety of essential service professionals from coming in contact with potential carriers. Besides the need for adequate PPE among healthcare professionals who are focused on the development of potential vaccines for this deadly virus, there is also a significant requirement for protective equipment manufacturers to develop and introduce safer and more cost-effective products, owing to the sheer increase in global demand over the last 9 months. Among the types of personal protective equipment required by healthcare professionals dealing with coronavirus, four major types include isolation gowns, gloves, respirators, and face masks.

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The lack of awareness regarding the safety standards that need to be maintained while manufacturing these products, could potentially result in numerous products being recalled, or not passing the required export or international goods norms of some countries. This can negatively impact revenue growth of the global personal protective equipment market to a significant extent. Additionally, challenges related to the unavailability of raw materials and the various restrictions of logistics industry amid regional lockdowns can greatly hamper the revenue growth of the global personal protective equipment market in the foreseeable future.

Respective regulatory bodies paired with other healthcare-related organizations are working toward improving the safety standards and awareness levels related to the effects of COVID-19 in their respective countries.

Respective regulatory bodies paired with other healthcare-related organizations are working toward improving the safety standards and awareness levels related to the effects of COVID-19 in their respective countries. Initiatives such as this are slated to drive the demand for personal protective equipment, and in turn, boost the revenue growth of the global personal protective equipment market over the next 10 years.

Key Players: 

  • 3M
  • Honeywell International Inc.
  • Unicharm Corporation
  • Kimberly-Clark
  • KOWA American Corporation
  • UVEX Group
  • JIANGSU Te Yin Imp. & Exp. Co. Ltd.
  • Japan Vilene Company Ltd.
  • Hakugen Co. Ltd.
  • Shanghai Dasheng Health Products Manufacturing Co. Ltd.
  • Totobobo Pte. Ltd.

Global COVID-19 Personal Protective Equipment Market Segmentation

By Type: Isolation Gowns, Gloves, Respirators, Face Masks.

By Application: Hospitals, Clinics, Others

Global COVID-19 Personal Protective Equipment Market Regional Analysis

North America and Europe are key markets in terms of revenue shares of the global personal protective equipment industry, owing to large presence of major personal protective equipment manufacturers in these regions. Additionally, the proactive role of these respective governments and other regulatory bodies is positively contributing to the future growth of the global personal protective equipment market. The revenue growth of markets in the Asia Pacific region are currently being driven by factors such as the availability of low-cost labor, as well as rapid industrialization of these countries in this region.

Krutika Bhoot

I have been into market research industry for last 2 years. I have a keen interest and deep knowledge of research industry. My goals in life are simple - to stay happy, healthy and to keep writing as long as I possibly can.
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