The U.S. healthcare personal protective equipment market size is anticipated to reach USD 13.2 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 29.1% from 2020 to 2027. The aging population is expected to augment the demand for healthcare services, which, in turn, is expected to boost the medical-grade PPE demand over the coming years.
PPE is
used by medical practitioners to protect their skin and exposed mucous
membranes from exposure to contaminated blood or other potentially infectious
bodily fluids/materials. An increasing number of hospital-induced infections,
coupled with rising educational campaigns organized by the OSHA on occupational
exposures, is expected to drive demand.
Healthcare
spending in the U.S. has been increasing considerably since the past few years.
Demand for healthcare services and products has led to increased use of healthcare
personal protective equipment. In addition, the growing geriatric population in
the country is anticipated to boost healthcare spending over the forecast
period.
According
to the Centers for Disease Control and Prevention, 60% of the U.S. adult
population has chronic conditions and over 40% of the adult population has two
or more chronic conditions. This has led to hospitals hiring more staff,
opening new sites, and extending working hours, which has resulted in creating
opportunities for PPE manufacturers.
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U.S. Healthcare
Personal Protective Equipment Market Report Highlights
- Based on
product, protective clothing is anticipated to witness significant growth
over the coming years owing to rising prevalence of the novel coronavirus,
coupled with skyrocketing prices of isolation gowns because of the ban on
imports and unavailability of raw materials
- The
respiratory protection segment is projected to expand at the fastest CAGR
of 62.0% from 2020 to 2027 on account of rising demand for N95 and surgical
masks, along with the introduction of Defence Production Act by the U.S.
government
- The hand
protection segment held the largest share of 63.1% in 2019 due to the rise
in the number of hospital admissions, coupled with the rising prevalence
of skin allergies by latex gloves
- By end-use,
the hospital segment held the largest share of 54.0% in 2019 owing to
increase in healthcare spending and cosmetic surgeries in the country
- Key players
in the market are focusing on upscaling their manufacturing capacities, acquisitions/partnerships,
and product innovation in order to gain a competitive advantage and
develop a strong foothold in the industry space.
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U.S. Healthcare
Personal Protective Equipment Market Segmentation
Grand View Research has
segmented the U.S. healthcare personal protective equipment market on the basis
of product and end use:
U.S. Healthcare
Personal Protective Equipment Product Outlook (Revenue, USD Million, 2016 -
2027)
- Protective Clothing
- Coveralls
- Gowns
- Hazmat Suits
- Respiratory Protection
- Surgical Masks
- Respirator Masks
- Half Mask Respirators
- Others
- Face Protection
- Eye Protection
- Hand Protection
- Disposable Gloves
- Durable Gloves
- Others
U.S. Healthcare
Personal Protective Equipment End-use Outlook (Revenue, USD Million, 2016 -
2027)
- Hospitals
- Home Healthcare
- Outpatient/Primary Care Facilities
- Others
List of Key
Players of U.S. Healthcare Personal Protective Equipment Market
- 3M
- Alpha Pro Tech
- Ansell Ltd.
- Medisca Inc.
- O&M Halyard, Inc.
- DuPont
- Cardinal Health
- Medline Industries, Inc.
- Kimberly-Clark Corporation
- Honeywell International Inc.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com