Tuesday 12 May 2020

N95 Mask Market by Type – Report Description, Market Coverage, Industry Insights by Product Type, Company Covered, Industry Overview, Analysis and Forecast (2019-2025)

From USD 810.0 million in 2019, the global N95 mask market is predicted to grow to USD 1,627.5 million by 2025, registering a CAGR of 11.5% during the forecast period (2020–2025). The growth of this market is attributed towards the escalated need of respiratory protective equipment that is needed for normal citizens to be protected and the medical personnel for operations or to acknowledge the patients affected by the virus during an outbreak such as covid-19.

Increasing initiatives taken by the government and the spreading awareness of individuals for self-protection and to reduce the rate of respiratory infection in individuals are the growth drivers for the global N95 masks market. Rising respiratory diseases in individuals due to pollution have led to the promotion of N95 masks to protect the individuals from airborne infections. Furthermore, with the spread of a contagious virus, individuals are aware of the use of N95 masks to protect themselves from such infections.

Around the globe, North America was largest N95 mask market in 2019 and the U.S. is the second highest contributor in the production of N95 masks. Moreover, due to the pandemic they have fallen short on their demand for masks and they have about 1% inventory of the total demand. With U.S. as the hotspot of the pandemic, they require a very large quantity of N95 masks.

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Some of the major players operating the global N95 masks market are The  3M Company, Prestige Ameritech, Honeywell International Inc., Kimberly-Clark Corporation, KOWA, Shanghai Dasheng Health Products Manufacture Company, Ltd., Louis M. Gerson Company, Inc., Cambridge Mask Co., Ambu A/S, Becton, Dickinson and Company, Alpha Pro Tech, Moldex-Metric, Inc., and Teleflex Incorporated.

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