Surgical Masks Market Estimated at US$ 6,565.9 Mn by 2028

Surgical masks are disposable devices used in healthcare settings to cover the mouth and nose during a surgical medical procedures. A surgical mask is primarily used to protect patients and healthcare workers from people who may have a respiratory infection or to protect sterilized or disinfected medical devices and supplies. They are often used to prevent the spread of disease, such as coronavirus (COVID-19 pandemic). Surgical masks are a simple way to help decrease disease transmission and save lives. Thus, there is an increasing demand worldwide.

Market Statistics:

The global surgical masks market is estimated to account for US$ 5,352.4 Mn in terms of value by the end of 2022.

Drivers:

Increase in prevalence of hospital-acquired infections (HAIs) is expected to propel the growth of the global surgical masks market during the forecast period. A hospital-acquired infection, also known as a nosocomial infection is an infection that is acquired in a hospital or other health care facility. For instance, according to the Centres for Disease Control (CDC), in American hospitals alone, hospital-acquired infections account for an estimated 1.7 million infections and 99,000 associated deaths each year.

Opportunities:

Outbreak of COVID-19 (global pandemic) is expected to offer significant growth opportunities for player in the global surgical masks market. For instance, national and intergovernmental health authorities, such as the World Health Organization (WHO) and CDC (U.S., Europe, and China), have recommended the use of masks to reduce COVID-19 transmission.

Restraints:

Rise in number of minimally invasive surgeries across the globe is expected to hamper growth of the global surgical masks market during the forecast period. For instance, rise in preference for minimally invasive surgeries are expected to reduce the usage of surgical masks and other surgical apparels in hospitals during a medical procedure.

Global Surgical Masks Market - Impact of Coronavirus (Covid-19) Pandemic

Face masks in combination with other preventive measures, such as physical distancing and getting vaccinated, can help slow the spread of novel coronavirus (COVID-19). According to CDC, wearing a face mask in public places has been shown to reduce the spread of COVID-19, because people who are pre-symptomatic can spread the virus before showing symptoms. Moreover, CDC says surgical N95 masks should be reserved for health care providers. This in turn is expected to aid in the growth of the market.

Key Takeaways:

The global surgical masks market was valued at US$ 5,091.6 Mn in 2021 and is forecast to reach a value of US$ 6,565.9 Mn by 2028 at a CAGR of 3.5% between 2022 and 2028.

Among type, basic surgical mask segment held dominant position in the global surgical masks market in 2021, accounting for 43.1% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.

To know the latest trends and insights prevalent in the Global Surgical Masks Market, click the link below:

https://www.coherentmarketinsights.com/market-insight/surgical-masks-market-5077

Market Trends:

1. Increase in healthcare expenditure is expected to drive growth of the global surgical masks market. For instance, according to the India Brand Equity Foundation (IBEF), in the Economic Survey of 2022, India’s public expenditure on healthcare stood at 2.1% of GDP in 2021-2022 against 1.8% in 2020-2021 and 1.3% in 2019-2020.
2. Increasing number of surgeries (dental procedures, cosmetic surgeries, and plastic surgeries) around the world is expected to fuel growth of the global surgical masks market. For instance, according to the American Society of Plastic Surgeons, around 2,314,720 cosmetic procedures were performed in the United States in 2020.

Competitive Landscape:

Major players operating in the global surgical masks market include3M, Dynarex Corporation, AlphaProTech, Cardinal Health, Crosstex International, Inc., Medline Industries, Inc., O&M Halyard, Inc., Ansell Ltd., DuPont de Nemours, Inc., and Kimberly-Clark Corporation.

Recent Developments:

In April 2020, DuPont de Nemours, Inc. & Cummins Inc. teamed up to provide critical material used for manufacturing N95 respirator masks for healthcare professionals, which aid in filtering various airborne particles and helps in preventing the spread of COVID-19.

In June 2020, Cardinal Health partnered with Battelle Memorial Institute in Ohio for providing health logistic services to Battelle, which included collecting used N95 respirator masks from hospitals and transporting them to Battelle Critical Care Decontamination System (CCDS) site for their decontamination and to make them reusable.