Healthcare Personal Protective Equipment Market Size To Hit US$ 25.55 Bn By 2032

The global healthcare personal protective equipment market reached USD 10.5 billion in 2022 and is expected to hit USD 27.61 billion by 2032 with a CAGR of 10.2% from 2023 to 2032.

Table of Contents

Key Takeaways

Europe led the market with the biggest market share in 2022.
By Product, the hand protection segment registered the maximum market share in 2022.
By End-user, the hospitals segment is expected to grow at a notable CAGR during the forecast period.

Personal Protective Equipment or PPE is dedicated equipment or clothing used by workers for fortification against communicable materials. It is utilized in the healthcare environment to generate a barrier between contagious agents from the patient and healthcare workers and to diminish the danger of spreading micro-organisms from healthcare staff to patients. Personal protective equipment finds extensive application in averting different infectious diseases comprising gloves, medical masks, face shields, gowns, goggles, protective clothing or apron, and respirators like SFP2 and N95 standard/comparable. Further, PPE also sometimes be employed by visitors or family members, mainly if they are offering straight patient care in activities like supporting patients with toileting. In these conditions, careers should be completely inducted in the application of PPE and hand sanitation.

Protective equipment is used to diminish contact with threats that can lead to serious workstation infections. These diseases might result from contact with physical, chemical, electrical, mechanical, radiological, or other workstation dangers. Occupational Safety and Health Administration concerns workplace health and safety regulations on the other hand Centers for Disease Control and Prevention recommends when and how to practice PPE.

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Growth Factors

Major influences projected to boost the growth of the personal protective equipment market comprise rising responsiveness concerning employee safety and health, intensifying fatalities caused due to outbursts of diseases led by deficiency of appropriate personal protective equipment. Government authorities worldwide are growing inclined and concerned about the safety and health of workforces. To decrease uncertainties and accidents in industries, government organizations of many nations have issued multiple safety guidelines. In precise, N95 masks are achieving exponential market revenue and attention as these masks are more operative than other face coverings used to avoid the contamination of COVID-19.

The proliferation of personal protective equipment in different hospitals is projected to observe substantial growth due to the escalating occurrence of hospital-acquired contaminations and the rising elderly populace across the world. Furthermore, the introduction of promising initiatives and improvements upholding the practice of personal protective equipment in government facilities is estimated to flourish the growth of the healthcare personal protective equipment market throughout the prediction period.

Healthcare Personal Protective Equipment Market Scope

Report Highlights	Details
Market Size in 2023	USD 11.52 Billion
Market Size by 2032	USD 27.61 Billion
Growth Rate from 2023 to 2032	CAGR of 10.2%
Largest Market	Asia Pacific
Fastest Growing Market	North America
Base Year	2022
Forecast Period	2023 to 2032
Segments Covered	Product, End User, Region

Key Players & Strategies

A substantial gap concerning supply and demand is assessed to bid sizeable prospects for companies to enter in the marketplace. Numerous states have employed their emergency resources and are anticipated to refill their stocks throughout the estimated period. This is projected to offer alluring growth openings for manufacturers in this market arena in the current coronavirus pandemic situation.

In the outbreak situation, Hospitals describe growing costs and declining revenues as a hazard to their financial viability. Varying guidance from state, federal, and local authorities creates issues and generates confusion for both the public and hospitals. In the initial days of the epidemic in the U.S., various health systems and hospitals tried to secure the indispensable PPE on account of prevalent shortages. Whereas these shortages have subsided slightly, numerous healthcare establishments are still worried about upholding their supply and have also bemoaned shortages of other essential pandemic items including respirators and such as ventilators for critically ill patients.