The global N95 grade medical protective masks market is projected to reach around US$ 1,495.4 million by the end of 2027, in terms of revenue, exhibiting a CAGR of 7.3% during the forecast period (2020-2027).
N95 grade medical protective masks are air purifying personal protective devices, which are designed for reducing the users’ inhalation exposure to certain airborne particles. These respirators are tested and certified by the National Institute for Occupational Safety and Health (NIOSH) – a Department of Health and Human Services.
A detailed report on Global N95 Grade Medical Protective Masks Market providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast period, 2021-2027.
Top Key Players in N95 Grade Medical Protective Masks market: The 3M Company, Honeywell International Inc., Kimberly-Clark Corporation, Cardinal Health, Inc., Kowa Company Ltd., Shanghai Dasheng, Vogmask, Hakugen Co. Ltd, Sinotextiles Corporation Limited, and The Gerson Company.
Regional Analysis For N95 Grade Medical Protective Masks Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the N95 Grade Medical Protective Masks market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Market Opportunities
The market is expected to witness significant growth opportunities, as governments of various countries are focused on decontaminating the used masks and making them reusable. For instance, in March 2020, the Food and Drug Administration approved the Battell’s process, which helps in decontaminating the masks. The battell’s process is a highly specialized process used for cleaning the much needed N95 grade medical protective masks, thereby allowing them to be reused. The Columbus Ohio-based battelle has used a ‘vapor-phase hydrogen peroxide’ technique, which decontaminates the masks used by healthcare professionals for preventing the spread of COVID-19.
Key Takeaways:
Among type, the mask with exhalation valve segment held dominant position in the global N95 grade medical protective masks market in 2019. The exhalation valves bypass the filter media and are useful in reducing the efforts required to exhale. These masks also increase the wearer’s comfort by ensuring that there is less heat and moisture buildup inside the respirator. The N95 masks with exhalation valves are best suited for individuals working in situations involving humidity, heat, and long period of wear.
The market in North America region is expected to witness significant growth over the forecast period. This is attributed to increasing production activities, which are being undertaken by major market players in the region for fulfilling the market demand. For instance, factories of companies such as 3M, which are located in Nebraska and South Dakota, are producing 35 million N95 masks a month and 90% of them are dedicated to healthcare workers. Also, companies such as Honeywell has taken US$ 5 billion term loan to increase the N95 mask production.
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