The surgical mask market is anticipated to expand its roots at a steady CAGR of 10.7% between 2023 and 2033. The market is anticipated to cross a market share of US$ 5.7 billion by 2033 while it is likely to be valued at US$ 2.06 billion in 2023.
- The growing consciousness of around wearing a mask is contributing to the market growth. Alongside, the expanding healthcare sector and increase in surgeries are flourishing the demand for surgical masks.
- Advanced fabric engineering with multi-layered PPE masks is transforming the market trajectory. The focus is on creating reusable, sustainable, and highly protective masks.
- The advent of labeled surgical masks along with the advent of coronavirus’s latest strains are collectively gaining traction in the market.
- Government norms are pushing its citizens to continue wearing a mask as the corona like viruses spread the flu and other diseases. Hospital staff is wearing disposable surgical masks as respiratory diseases rise.
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Key Points
- The United States market is likely to lead the surgical mask market in terms of market share. The market thrives at a CAGR of 10.9% during the forecast period. The market growth is attributed to higher government investments and the presence of prominent healthcare equipment brands like 3M. The regional market is expected to hold a value of US$ 535.3 million by 2033.
- The Canada surgical mask market leads the market in terms of CAGR with a leading CAGR of 12.0% between 2023 and 2033. The regional growth is attributed to the aware citizens and stringent government norms. The market is anticipated to reach a value of US$ 103.7 million by 2033.
- The fluid/splash-resistant surgical mask segment is likely to thrive in the product type category as it thrives on a CAGR of 10.3 % between 2023 and 2033. The growth is attributed to its multi-purpose usage and popularity.
- The hospital segment is expected to top the end-user category with a CAGR of 10.9% during the forecast period. The growth of this segment is garnered through higher investment and consumption along with government projects.
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Competitive Landscape
The key vendors focus on adding layers to the mask while making their masks eco-friendly and sustainable for nature. Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are: Medline Industries, Inc., Thermo Fisher Scientific, Inc, Kindwell Medical, BioClean (ANSELL LTD.), Moldex-Metric Inc., Honeywell International Inc, Kowa Company, Ltd, and 3M
Recent Market Developments
- 3M introduced its 3M 9501 + KN95 Mask for protection during surgeries. The mask also delivers healthcare particulate protection. It comes with an adjustable nose clip and comes with a knitted band with welded attachment.
- Honeywell International Inc introduced its DC301 N95 disposable respirator with a nose clip. The mask comes with a humidity and moisture-resistant filter. It uses latex-free woven head straps that reduced the possibility of breakage.
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Key Segments
By Product:
- Basic Surgical Masks
- Anti-fog Foam Surgical Masks
- Fluid/Splash Resistant Surgical Masks
- Others
By End User:
- Hospitals
- Ambulatory Surgical Centers / Specialty Clinics
- Individual
- Others
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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.
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