May 29, 2020   SOURCE: PR NewsWire

Facial/Surgical Mask Market Size to Reach US$ 3.4 Bn by 2027

LOS ANGELES, May 29, 2020 /PRNewswire/ -- Acumen Research and Consulting, Recently Published Report on "Facial/Surgical Mask Market Size, Share, Growth, Trends, Company Analysis and Forecast 2020 to 2027".

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North America market is expected to account for major revenue share in the global facial/surgical mask market due to gradually increasing in number of surgeries every year. There is increase in number of patients suffering from various disorders which is resulting in rising demand for surgeries. This is further increasing demand for facial/surgical mask from hospitals and clinics.

In addition, stringent government regulations related to quality of products and availability of favorable reimbursement policies is another factor expected to further support the growth of target market in this region.

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Major players focus on increasing the profit ratio through merger and acquisitions and new product development in order to attract new customers is another important factor expected to support the growth of target market. Inclination towards collaborative work for innovative product offerings is expected to further support the revenue traction of target market.

    --  In 2020, Ford and 3M in collaboration developed personal protective
        equipment. Ford is expected to begin producing an all-new powered air
        purifying respirator (PAPR) design. This personal protective equipment
        (PPE) will help protect health care professionals on the front lines
        fighting COVID-19.

Presence of major players operating in the country, coupled with focus on increasing production in order to cater the ongoing demand for facial/surgical mask with better quality is expected to further support the growth of the target market. With the outburst of pandemic COVID-19 in the region demand for facial/surgical mask is increasing from consumer, hospital, and clinics in order to lower the transmission of diseases. Players are increasing their production capacity as the demand for facial/surgical mask is increasing.

    --  In 2020, Honeywell announced that it is increasing the manufacturing
        capabilities in Phoenix to produce N95 face masks in order to support of
        the U.S. government's response to the novel coronavirus (COVID-19). This
        is expected to increase the company strength in the market.

The market in Asia Pacific is expected to witness faster growth due to increase in number of old age population suffering from various old age problems, coupled with demand for mask in order to prevent any further respiratory problems. In addition, high government spending development of present infrastructure and developing regulatory standards are some other factors expected to impact the target market in this region positively.

Major players inclination towards developing economies in order to track the untapped through partnerships and agreements is expected to support the growth of target market.

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Rapid increase in number of in-patients in hospitals suffering from various diseases/disorders, increase in number of surgeries across the globe is resulting in demand for facial/surgical mask which is expected to drive the growth of the global facial/surgical mask market. There is increase in number of patients suffering from various disorders in developed and developing countries.

    --  According to U.S. Department of Health & Human Services in 2020, more
        than 5.3 lakh Americans have tested positive for coronavirus and the
        death cases registered are 20,486

Flourishing industrial sector in developed and developing countries and rising demand for facial/surgical mask in order to avoid possible infections is another factor expected to support the growth of target market. Facial/surgical mask are widely used to avoid the contact from the airborne germs, dusts, and other infection carrying pathogens.

However, factors such as high cost of advanced facial/surgical masks and lack of supply are expected to hamper the growth of global facial/surgical mask market.

Rapid advancements in facial/surgical mask by the major players and focus on increasing the production in order to cater the ongoing needs are factors responsible to create new opportunities for payers over the forecast period. In addition, inclination towards developing the distribution channel is expected to impact the revenue traction of target market.

The global facial/surgical mask market is segmented into product type, distribution channel, and end use. The distribution channel is bifurcated in to direct channel and indirect channel. Among end use the hospital segment is expected to account for major revenue share in the global market.

    --  Browse More Related Reports, Click Here@
        https://www.acumenresearchandconsulting.com/industry-categories/healthca
        re-and-pharmaceuticals

Players operating in the global facial/surgical mask market are Ansell Limited, Prestige Ameritech, 3M Company, Alpha Pro Tech Ltd., Kimberly-Clark Corporation, cleanroom.de GmbH, Medline Industries Inc., Honeywell International Inc., Mölnlycke Health Care AB, Moldex-Metric Inc, Kowa Company Ltd and Uvex Group.

Market Segmentation

Market By Product Type

Respiratory

    --  Disposable
    --  Reusable

Surgical

Market By Distribution Channel

Indirect Channel

Direct Channel

    --  Online
    --  Retail store

Market By End Use

    --  Hospital
    --  Individual
    --  ASC
    --  Clinic

Market By Region

North America

    --  U.S.
    --  Canada

Europe

    --  UK
    --  Germany
    --  France
    --  Spain
    --  Rest of Europe

Asia-Pacific

    --  China
    --  Japan
    --  India
    --  Australia
    --  South Korea
    --  Rest of Asia-Pacific

Latin America

    --  Brazil
    --  Mexico
    --  Rest of Latin America

Middle East & Africa

    --  GCC
    --  South Africa
    --  Rest of Middle East & Africa

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