Surgical Mask Market - Forecast(2021 - 2026)
Surgical Mask Market size is forecast to reach $66.70 billion by 2025, growing at a CAGR of 5.76% during the forecast period 2020-2025. Advancements in the field of medical surgery and diagnosis and increase in the number of the medical device manufacturing companies along with the frequent outbreak of epidemics are the major factors driving the growth of the market. Increase in the adoption of surgical mask among general population and the rising advancements in the field of medical surgery is set to further enhance the overall market demand of surgical mask during the forecast period 2020-2025.
Report Coverage:
The report: “Surgical Mask Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Surgical Mask Market.
By Product Type: Basic Surgical Mask, Antifog Surgical Mask, Fluid Resistant Surgical Mask, Face Mask, N95 Mask, Others
By Distribution Channel: Direct to Hospitals, Drug Stores, Online Stores, Others
By Geography: North America, Europe, Asia -Pacific, RoW.
Key Takeaways:
- North America dominates the surgical mask market in 2019 owing to the growing advancements in the field of medical and surgical procedures and rising demand for N95 masks owing to COVID-19 pandemic. The surgical mask market scope for different regions will be provided in the final report.
- The outbreak of COVID-19, increasing need for improved safety standards and best practices with medicine & surgical procedures is likely to aid in the market growth of surgical mask.
- Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the surgical mask market report.
- Improved safety standards and Supply Shortage and rise in prices of surgical mask is poised to create hurdles for the surgical mask market.
Product- Segment Analysis
The basic surgical mask segment held the largest share in the surgical mask market in 2019 and is estimated to grow at a CAGR of 4.32% during the forecast period 2020-2025 owing to ease of availability and low cost of surgical masks. Furthermore, surge in geriatric population, rise in health awareness, increased adoption of surgical masks in the general population is poised to drive the growth of the surgical mask market.
Surgical masks are meant to protect doctors and surgeons from harmful infections and pathogens that is set to get suspended in the surgery room. The market for basic surgical mask has flown in from multiple healthcare facilities. However, N95 surgical mask is estimated to be the fastest growing segment and is set to register a highest CAGR during the forecast period 2020-2025 owing high demand in the healthcare industry and innovation with respect to product development.
Distribution Channel - Segment Analysis:
Direct to Hospitals segment held the largest share in the surgical mask market in 2019 owing to demand up-surged to the patients with suspected infection and pandemic strain to slow down transmission of disease. Surgical masks are intended to be worn by medical staff and health professionals. The goal behind this is to prevent the spread of any kind of pathogenic infection to patients and fellow surgeons.
Surgical and respiratory masks are conveniently available at over the counter of hospital pharmacy and are sold via distributors or directly by company are considered here. However, Online stores segment is estimated to be the fastest growing segment and is set to register a highest CAGR during the forecast period 2020-2025 owing to convenience in providing the customers with bulk orders and ease of delivering the orders directly at the doorsteps.
Geography - Segment Analysis
Asia Pacific dominates the surgical mask market with a share of more than 35.10% followed by North America in 2019. Growing advancements in the field of medical and surgical procedures are the factors that has led to the adoption of surgical mask contributing in the growth of the market in this region. Ease of availability and low cost of surgical masks along with the surge in geriatric population, rise in health awareness and increased adoption of surgical masks in the general population in countries such as Japan and India is also anticipated to boost the surgical mask market in Asia-Pacific.
However, North America is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increase in elderly population, increase in adoption of surgical mask in the general population owing to the outbreak of COVID-19 and surge in prevalence of contagious and chronic diseases has forced many key players to increase their production of surgical masks to meet the market demand. Increase in the level of air pollution has increased respiratory ailments among the population and is positively impacting the surgical mask market in the North America region.
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