28, November 2022
Short-term demand for surgical masks remains unprecedented; however, growing awareness regarding their effectiveness will lead to steady sales in the long term. Our study estimates the global surgical masks market to surge at a CAGR of 10.2% during the forecast period 2022-2028. This growth is fueled by the growing awareness of healthcare-associated infections (HAI) and a rise in healthcare expenditure.
According to the World Health Organization (WHO), hundreds of millions of individuals are impacted by healthcare-associated infections (HAIs) annually, resulting in death and financial losses for healthcare systems. Furthermore, factors such as an aging population, the prevalence of chronic and long-term diseases, and increased investments in medical technology & advanced infrastructure will increase healthcare spending globally.
Asia-Pacific is anticipated to be the fastest-growing region in the surgical masks market. The increasing elderly population and growing healthcare infrastructure are likely to boost the demand for healthcare services. Improving hygiene and safety standards leads to increased use of surgical masks, thereby positively impacting the studied market.
Fluid/splash resistant surgical masks leads the product segment in 2021. The growth is associated with the ability of the Splash Resistant technology, which prevents the wearer from droplet infections during any surgical procedure or management of any patients prone to the transmission of the diseases.
On the other hand, India holds a significant prominence in the Asia-Pacific market. The healthcare business in the country is anticipated to expand greatly due to the growing population, increased disposable incomes, improved access to insurance, heightened health awareness, and rising spending by public and private industry participants. In addition, the growing incidence of obesity has led to an increase in chronic ailments, such as heart disease and diabetes, which necessitate various healthcare treatments and services. This is expected to contribute to the expansion of the market for surgical masks.
However, strict government regulations, coupled with the emerging use of substitutes such as N95 masks, are anticipated to hinder the growth of the surgical masks market.
Due to the COVID-19 pandemic, there was a dearth of personal protective equipment, such as surgical masks. This forced the medical staff members performing front-line activities to adopt additional face protection measures, including non-medical masks, simple cloth masks, N95/N99/FFP2/FFP3 respirators, power air-purifying respirators, and face shields/visors, etc.
New technology by Ascend Performance Materials is used to manufacture high-efficacy surgical masks to protect against SARS-CoV-2. This technology has shown positive results for deactivating SARS-CoV-2 and other pathogens such as staphylococcus, betacoronavirus OC43, and H1N1. However, it is still awaiting patent and FDA approval. The masks manufactured using this technology combine antiviral protection and superior physical properties meeting the requirements to qualify as Level III under ASTM F2100-19 standards.
In July 2020, Ascend Performance Materials announced the submission of a 510(k) premarket notification to the US FDA for clearance of its surgical mask that uses Acteev technology to offer protection against SARS-CoV-2. Thus, improvements in the manufacturing of reusable non-woven materials, such as antimicrobial fibers and increased comfort, will propel the expansion of the surgical masks market during the forecast period.
Product, type, material, distribution channel, and end-user are the segments covered in the surgical masks market.
Q2) Who are the key players in the surgical masks market?The key companies studied in the surgical masks market are 3M, Mediblue Health Care Private Ltd, Cardinal Health, Kimberly-Clark Corporation, Alphaprotech, Ansell Ltd, Magnum Health and Safety Pvt Ltd, and Dupont De Nemours Inc.
Prevalent cases of terrorist attacks in today’s world is increasing the need for severe standards of security for public safety, and the global market for biometric technology scrupulously accommoda..
Prevalent cases of terrorist attacks in today’s world is increasing the need for..
