Global Medical Mask Industry Set to Surpass US$9 Billion by 2030 with a Striking 9.1% CAGR | FMI

Medical Mask Market

There has been an increasing demand for medical masks recently, creating an absolute opportunity for growth of the Global Medical Mask Industry.  A new Future Market Insights (FMI) report reveals that the Global Medical Mask Industry will experience a major upturn post-2022, further reaching over US$ 9 Bn by the end of 2030.

Medical facility highly depends on medical masks during surgeries. The availability of different versions of masks for different applications across different end-users, such as ambulatory surgical centers, hospitals, dental settings, etc., is expected to fuel the growth of the Global Medical Mask Industry throughout the forecast period.

Request a Sample of this Report Now!
https://www.futuremarketinsights.com/reports/sample/rep-gb-11288

Consistent growth in the number of surgeries performed globally is boosting the demand for anesthesia masks and laryngeal masks, which is expected to contribute to the growth of the Global Medical Mask Industry during the forecast period.

An increasing number of infectious diseases and pollution as well as the growth in the number of surgeries worldwide are providing further impetus to the growth of the Global Medical Mask Industry.

The COVID-19 Impact on Medical Mask Sales

The novel coronavirus (COVID-19) pandemic has put a huge strain on the Global Medical Mask Industry, 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 the general public. This is both a challenge and an opportunity for market players, which are focusing on scaling up production capacities to satiate the rapidly growing demand.

Key Takeaways of Global Medical Mask Industry Study

  • In terms of product type, N95 respirators are expected to contribute over 25% of revenue in the medical mask market.
  • Owing to the low product cost and demand, the surgical mask is the most preferred choice among customers.
  • Surgeries dominate the medical mask market by application, as medical professionals mostly prefer medical masks during surgeries to avoid contamination.
  • In terms of end users, hospitals are expected to capture over 50% of the 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.

Reach Out to Our Analyst For Your Queries
https://www.futuremarketinsights.com/ask-question/rep-gb-11288

Leading Manufacturers Focus on Mergers & Acquisitions

Leading manufacturers in the Global Medical Mask Industry 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. On 30 March 2022, the company moved quickly to expand its production capacity for N95 masks and start its new operation in Phoenix.

Want more insights?

Global Medical Mask Industry, a new study from future market insights, opines on the application of Medical masks from 2014 – 2021 and presents demand projections from 2022 – 2030 based on; 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)

Click Here To Buy Your Full Report
https://www.futuremarketinsights.com/checkout/11288

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

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

You may also like these