Market Share of COVID-19 Safety and Prevention Products
The market is highly consolidated and the market is going to witness multiple production expansion cases and innovations for easing the design structure of ventilators and isolations chambers. Considering the protective equipment, the supply and exports are indicative of increased manufacturing and trade.
- April 2020 - 3M India, offering products to segments such as healthcare, homecare, and workplace safety in the country, announced increased production of respirators, hand sanitizers, and surgical masks by 35-40%
- March 2019 - Medtronic ramped up its production of ventilators by 40% and more in the wake of coronavirus outbreak. Also, to cater to the increase of demands of patients and healthcare systems, the company has put in extra manufacturing shifts and introduced shift patterns to bring the plant to 24/7 operation.
COVID-19 Safety & Prevention Products Market Leaders
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3M Company
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Kimberly Clark Corporation
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Dynarex corporation
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Medtronic PLC
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Koninklijke Philips N.V.
*Disclaimer: Major Players sorted in no particular order