PUBLISHER: Grand View Research | PRODUCT CODE: 1375937
PUBLISHER: Grand View Research | PRODUCT CODE: 1375937
The global surgical masks market size is expected to reach USD 1871.6 million by 2030, registering a CAGR of 7.1% during the forecast period, according to a new report by Grand View Research, Inc.. Increasing healthcare expenditure coupled with rising awareness regarding HAIs is expected to drive the demand for surgical masks during the forecast period.
The demand for healthcare services and products has led to increased use of personal protective equipment such as coveralls, gowns, bouffant caps, shoe covers, masks, gloves, and essentially surgical masks. In addition, the increasing geriatric population is anticipated to boost the demand for medical essentials such as surgical masks.
Government authorities such as the Centers for Disease Control and Prevention have issued guidelines pertaining to the use of sterile barrier precautions such as the use of gloves, surgical masks, gowns, and drapes. The aforementioned factors are, in turn, anticipated to have a positive impact on the growth of the market during the forecast period.
Surgical masks, N95 respirators, or medical respirators are recommended to be used by healthcare professionals directly exposed to SARS-CoV-2. Owing to the need for airway instrumentation and close contact with patients, perioperative professionals are at a higher risk of infections in all therapeutic, diagnostic, and surgical procedures during the pandemic.
According to the World Health Organization (WHO), millions of patients are affected by HAIs globally every year causing mortality and financial losses for the healthcare systems. Furthermore, 10 out of 100 hospitalized patients are infected with HAIs in developing economies and 7 in developed economies. These factors in turn are estimated to drive the demand for surgical masks.
The global market is highly competitive with major companies striving for market leadership. Strategies employed by companies include the expansion of production capacities and distribution networks. In addition, to meet the surging demand for face masks amidst the pandemic, several manufacturers are increasing their production capacities.