North America Personal Protective Equipment Market was valued at 1.4 billion USD and is expected to develop at a CAGR of 8% in the outlook period between 2023-2028
Drivers and Restraints of the North America Personal Protective Equipment Market:
Growing health concerns and an increase in investments in the healthcare sector have been one of the major factors that have contributed to the growth of the personal protective types of equipment market in the North American region. The outbreak of the Covid-19 pandemic has seen a surge in demand for PPE kits and masks all over the world. This has caused the market to grow at a significant rate in recent times. Moreover, personal protective equipment is being used extensively in households as well as hospitals and medical centers. The government policies aimed towards personal protection are another factor that has contributed to the growth.
Personal Protective Equipment as a chemical is extremely useful and is growing at a high rate but at the same time, it is costly for some of households and medical bodies.
Cost ineffectiveness is the only factor that may prevent the expansion of the industry on a large scale.
Protective Clothing
Respiratory Protection
Head Protection
Foot & Leg protection
Hands and Arm Protection
Healthcare
Manufacturing
Construction
Oil & Gas
The healthcare industry has recorded the largest share as an end-user in the Personal protective equipment industry in North America due to the outbreak of the coronavirus pandemic.
Also, construction and oil & gas segments have grown rapidly in the North American region. These segments are also foreseen to fuel the demand for PPE kits in this area in the coming years. An increase in sanitation work has also spiked demand for the Personal Protective Equipment and ethanol industry.
Hospitals have seen an increase in the number of patients amidst the pandemic and the demand for equipment such PPE kits have been ever-growing and at times witnessed a shortage of supply.
The USA accounts for the largest share of the personal protective equipment market in the North American region. This is due to the developed infrastructure and high expenditure within the industry.
Canada has also taken the healthcare sector very seriously by providing free healthcare to the citizens, they have improved the existing protective types of equipment market by increasing the demand and maintaining a balance within the supply chain. The market in Canada is expected to grow at a CAGR of 8% during the forecasted period.
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Medline Industries acquired two skin care product lines from Convatec in a deal worth 29 million USD.
Major Key Players
3M
Cardinal Health
Medline Industries
Ansell ltd.
AMD Medicom
Alpha Pro Tech
Medisca Inc.
Major economies of North America like the USA are seriously affected by the Covid-19 pandemic. COVID-19 Pandemic is one of the major reasons for the aggressive growth of the personal protective equipment markets, not only in North America but all around the world. Demand for products such as Masks, Gloves, PPE kits is at an all-time high to fight the existing situation. More investments are being made towards the safety of the front-line workers who are battling the virus; normal households have also taken personal protection seriously with equipment such as masks being mandatory, the sector is set to boom and become a big hub for investments in the present and in the future.
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