The European PPE market is expected to exhibit a CAGR of 6.9% from 2023 to 2028. As a result, the PPE market size in Europe is anticipated to be worth USD 60.08 billion by 2028 from USD 43.03 billion in 2023.
The significant patient pool suffering from chronic diseases is increasing the number of surgeries in the European region, which is increasing the need for PPE kits and contributing to the growth of the European PPE market. According to an article published by the National Center for Biotechnology Information, an estimated 50 million people in Europe were suffering from more than one chronic disease in Europe in 2017. In European countries, nearly 1.14 million cesarean surgeries were performed in 2020. Furthermore, the growing number of people diagnosed with various infectious diseases in the European region is further anticipated to fuel the market’s growth rate during the forecast period. Europe is one of the regions affected significantly by COVID-19, and the market for PPE in the European region has seen a spike in market growth during the COVID-19 pandemic.
The growing usage of PPE in hospitals and clinics across the European region promotes the PPE market in Europe. Due to the coronavirus pandemic recently, most hospitals have taken strict precautions against the spread of the coronavirus by wearing personal protection kits, which include body suits, masks, gloves, goggles, and others. Along with doctors, staff working at hospitals and clinics continued wearing personal protection kits during the peak days of COVID-19.
The growing aging population among European countries is anticipated to contribute to the European PPE market growth. According to Eurostat, 20.8% of the European population aged above 65 years in 2021. Treating older people suffering from chronic wounds needs more hygiene as they are more prone to infections in their surroundings. Additionally, different type of equipment has been designed especially for older people to use while going out with advanced technology to reduce the risk of several infections.
Growing personalized and disposable equipment manufacturing activities is estimated to promote market growth. Disposable equipment is most used by many, which helps reduce infections and rewash processes. However, Rewashing requires different types of solid liquids, which may harm the hands while washing. Along with this, most key players also manufacture the equipment with customization. So, everyone can comfortably use this equipment to avoid risky situations.
However, high costs associated with the PPE kits, lack of awareness regarding the availability of the different types of PPE equipment, and reduction in demand due to decreasing COVID-19 cases are anticipated to hamper the growth rate of the PPE market in the European region.
This research report on the European PPE market has been segmented and sub-segmented based on the following categories:
Europe PPE Market - By Product:
Europe PPE Market - By End-User:
Europe PPE Market - By Country:
The European region had a substantial share of the global market in 2021 owing to the growing awareness regarding health and hygiene among the European population and increasing healthcare expenditures.
The UK PPE market is anticipated to play a vital role in the European region during the forecast period, owing to the growing government expenditure and product approval. In addition, a significant uptick in the use of PPE kits has recently been noticed in the UK due to the increased number of COVID-19 cases. UK researchers focus on manufacturing masks with different layers to purify the air they breathe.
The PPE market in Germany is one of the most promising regions in Europe. It is forecasted to account for a substantial share of the European region during the forecast period owing to increasing awareness programs regarding the growing awareness of advantages associated with personal protective equipment. Increased usage of PPE from the drug manufacturing units in Germany is one of the major factors propelling the market growth in Germany. However, due to the drug concentration levels, some people may get allergies by inhaling the air in the surrounding environment. Hence, people in this palace have a strict rule to use personal protective equipment, which drives the market forward.
KEY MARKET PARTICIPANTS:
Companies such as 3M, Honeywell International, Inc., DuPont, Cardinal Health, Medline Industries, Inc., Kimberly-Clark Corporation, Ansell Ltd., MSA Safety Inc., and O&M Halyard, Inc. are expected to account for the most significant share in the European PPE market during the forecast period.
Technologies like smart wearables, connected devices, and innovative materials are gaining traction in the PPE market. Understanding these advancements can help businesses stay competitive.
The pandemic has led to a surge in demand for certain types of PPE, such as masks and gloves. Understanding these shifts in demand can be crucial for businesses operating in the European PPE market.
PPE is widely used in industries such as manufacturing, construction, healthcare, and oil and gas. Understanding the key sectors can help suppliers tailor their products to specific industry needs.
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