Surgical Mask Market 2020-2027 Growth – CAGR of 7.9% | Market To Reach USD 87.67 Billion By 2027 | Reports And Data
: New York, United States, 19-July-2020, (Via WiredRelease), (Reports and Data) – The global surgical mask market is forecasted to reach USD 87.67 Billion by 2027, according to a new report by Reports and Data. The rise in the number of people with COVID-19 infections is expected to drive the global surgical masks market. According to the latest news from the World Health Organization, globally, there are 823,626 confirmed of COVID-19, and 72,736 new cases were recorded as of April 1, 2020. Moreover, due to this pandemic outbreak, the World Health Organization recommends the use of masks everywhere. This, in turn, boosts the demand for surgical marks. The use of a face mask is extremely important to control such infections, especially in cases of circumventing droplet transmission. For blocking the transmission of SARS, the effectiveness of a surgical face mask is 68%.
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The report discovers market’s total sale that is generated by a particular firms over a time period. Industry experts calculate share by taking into account the product sales over a period and then dividing it by the overall sales of the Surgical Mask industry over a defined period. Subject matter experts further use this metric to offer a general idea of the share and size of a firm and its immediate rivals. By providing an in-depth knowledge of the position a company as well as an entrepreneur holds in the Surgical Mask market
key player in the market includes: 3M Company, Smith & Nephew, Molnlycke Healthcare, Medline Industries, Halyard Healthcare, Ansell Healthcare, Halyard Health, Honeywell International, Johnson & Johnson, and Lac-Mac, among others.
The COVID-19 impact:
The demand for respirators, masks, gloves, and protective clothing, have increased significantly as the outbreak of COVID-19 pandemic has impacted the market positively. The employees of many sectors like aerospace, manufacturing, healthcare, etc. have been supplied masks to protect them from the sudden outbreak of the COVID-19 pandemic. Due to, supply chain in major suppliers like china under lockdown, the industry is facing significant challenges to ramp up the manufacturing capacities to help mitigate the supply shortage. Despite this, the manufacturers are working to full strength to supply masks across the regions to cover-up this shortage of supply.
Type Outlook (Revenue, USD Million; 2017-2027)
End-User Outlook (Revenue, USD Million; 2017-2027)
Ambulatory Surgical Centre
Distribution channel Outlook (Revenue, USD Million; 2017-2027)
Important the study on Surgical Mask market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment in the coming years.
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The research provides answers to the following key questions:
What is the expected market size of the Surgical Mask market for the forecast period 2020 – 2027? What will be the growth rate of the industry during the estimated period?
What are the major driving forces shaping the future of the Surgical Mask industry worldwide?
Who are the major vendors in the industry and what are their strategies to reap more profits and reduce costs?
What are the trends from the past and future that are likely to favor the progress of the Surgical Mask industry worldwide?
What are the major threats and challenges that hinder the development of the industry?
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