Uploaded on Mar 23, 2021
The Global healthcare PPE Market was valued at USD 12,948.2 Million in 2019 and is projected to reach USD 57,440.0 Million by 2027, expanding at a CAGR of 21.1% during the forecast period.
Healthcare-PPE-Market Demand Analysis and Projected huge Growth by 2027
Healthcare PPE Market Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts
20202027
The Global healthcare PPE Market was valued at USD 12,948.2 Million in 2019 and is projected to reach
USD 57,440.0 Million by 2027, expanding at a CAGR of 21.1% during the forecast period. In terms of
volume the healthcare PPE market is anticipated to grow approximately by CAGR of 20.3% over the
coming years. Personal protection equipment (PPE) has recently become a fairly common acronym in
healthcare provider's lexicons, even though it has been common in fire departments, emergency
medical departments (EMS), and the military for quite some time. Fundamentally, PPE helps ensure that
individuals are protected from physical hazards that they can experience in their work environment. The
PPE can be used to protect workers from general environmental hazards (such as high temperatures and
noise), particular workplace hazards (including dropping objects and falls from heights), or risks to
emergency circumstances (such as infectious agents and hazardous chemical).
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Rapidly rising numbers of COVID-19 cases worldwide have resulted in inadequate stocks of personal
protective equipment for healthcare, in particular respirators and masks. Besides, the availability of
protective garments and facial and eye protection used by healthcare workers is expected to deplete
due to the increasing demand for healthcare PPE. Rapid technological developments in the field of
surgery, such as high-reliability organization (HRO), scientific innovations, and standardization practices,
are expected to fuel the market, significantly boosting the need for healthcare PPE. Conversely, the lack
of adequate disposal methods for personal health security devices in different economies is projected to
impede the market growth.
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