Medical Protective Equipment Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 40.90 Billion |
| Market Size (2029) | USD 55.82 Billion |
| CAGR (2024 - 2029) | 6.42 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Medical Protective Equipment Market Analysis
The Medical Protective Equipment Market size is estimated at USD 40.90 billion in 2024, and is expected to reach USD 55.82 billion by 2029, growing at a CAGR of 6.42% during the forecast period (2024-2029).
- Several factors drive the market's growth, including the rising adoption of cost-effective surgical procedures, increasing awareness of maintaining safe hygiene practices, and the high burden of hospital-acquired infection cases. An article published by the Journal of Health Medicine and Primary Care in December 2022 reported the increasing public awareness and government regulations regarding using face shields and masks among people in public places in the United States. Such public awareness contributes to the market's growth.
- The high burden of hospital-acquired infection cases is expected to increase the demand for medical protective equipment in hospitals, boosting market growth. For instance, the point prevalence survey of healthcare-associated infections in European acute care hospitals published in May 2024 stated that the number of patients with at least one hospital-acquired infection on any given day in acute care hospitals in EU/EEA countries was estimated to be 93,305 cases. This shows the significantly high number of hospital-acquired infection cases, which likely increases the usage of surgical gloves and masks, boosting the market growth during the forecast period.
- Also, new product launches are leading to the widespread availability of better medical protective equipment, contributing to the growth of the market. For instance, in March 2024, Sempermed Europe launched its latest offering, the skySense gloves. These vibrant blue gloves cater to the increasing demand for colorful options, enriching Sempermed's lightweight gloves. The skySense gloves will be available in Sempermed's medical glove collection and as a part of the Semperguard line.
- Therefore, the market is expected to witness significant growth during the forecast period due to the increasing number of surgeries, hospital visits, outbreaks, awareness of maintaining safe hygiene practices, and new product launches. However, issues regarding disposal and awareness may slow down the development of the market.
Medical Protective Equipment Market Trends
The Surgical Masks Segment is Expected to Show Lucrative Opportunity in the Market During the Forecast Period
- A surgical mask is a disposable, loose-fitting device that is a physical barrier between the wearer's mouth and nose, protecting against potential contamination in the immediate area. It also helps to reduce the exposure of saliva and secretions to others. Surgical masks are particularly crucial in medical settings, where doctors and nurses attending to patients must wear them.
- The demand for surgical masks has increased significantly due to the many global surgeries. For example, in Germany, an article published by the Journal of Thoracic Cardiovascular Surgery in October 2022 reported that 92.8 thousand heart surgeries were performed in 2021. This high number of surgeries has driven the demand for surgical masks in the country, leading to the growth of this segment.
- Additionally, introducing new products is expected to drive the growth of the surgical mask market. For instance, in May 2022, Honeywell launched two new NIOSH-certified respiratory offerings, namely the DC365 and RU8500X series masks, to meet the needs of healthcare workers. These new products have expanded Honeywell's protective equipment portfolio, thereby driving the growth of this segment. In summary, the increase in surgical procedures, the high distribution of surgical masks globally, and new product launches are expected to drive the growth of the surgical mask segment during the forecast period.
North America is Expected to Witness a Significant Growth in the Market During the Forecast Period
- North America is poised to experience significant growth during the forecast period due to rising awareness among the population regarding the use of medical protective equipment. In addition, high levels of air pollution, government initiatives, and product launches are driving the growth of the market in the region.
- The more significant percentage of surgical procedures also contributes to the market's growth, driving the demand for medical protective equipment. For instance, per the data published by the Canadian Institute for Health Information in April 2024, in Canada, 66% of patients underwent hip replacement surgery, 59% opted for knee replacement surgery, and a significant 94% underwent radiation therapy, all within a 26-week timeframe in 2023. As a result, the significantly high percentage of surgical procedures is boosting the demand for surgical masks and gloves and contributing to the market growth in the region.
- Moreover, increasing initiatives in North American countries, such as the distribution of surgical masks, are also driving the market's growth. For instance, in December 2022, the New York City Health Commissioner distributed 3.6 million KN95 face masks to elderly individuals and pregnant women to avoid exposure to respiratory viruses. Thus, these initiatives are driving the market's growth and contributing to the market's growth in the region.
- Additionally, new product manufacturing by crucial market players contributes to the growth of the market. For instance, in April 2023, Armbrust American, a medical manufacturing company, initiated the production of nitrile gloves in the United States. This move marks the company's commitment to establishing itself as one of the critical providers of American-manufactured medical goods. Thus, new product manufacturing is expected to increase the availability of medical protective equipment, thereby boosting the market growth in the region during the forecast period.
Medical Protective Equipment Industry Overview
The medical protective equipment market is fragmented and consists of several major players. A few market players are expanding their portfolios through acquisitions and agreements in various countries, globally making them key players in the market. Some of the key players in the market are 3M Company, Ansell Limited, Cardinal Health Inc., DuPont de Nemours Inc., Hartalega Holdings Berhad, Honeywell International Inc., Kimberly-Clark Corporation, and Top Glove Corporation Bhd.
Medical Protective Equipment Market Leaders
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Ansell Limited
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Top Glove Corporation Bhd
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DuPont de Nemours, Inc.
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3M Company
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Kimberly-Clark Corporation
*Disclaimer: Major Players sorted in no particular order
Medical Protective Equipment Market News
- April 2024: Ansell agreed to purchase Kimberly-Clark's Personal Protective Equipment business (KCPPE) for USD 640 million. The transaction is slated for finalization by September 2024.
- April 2024: 3M launched the 3M Verify app to combat counterfeit personal protective equipment. This innovative app leverages advanced technology to instantly authenticate disposable respirator cartons by scanning the barcode.
Medical Protective Equipment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Increasing Number of Surgeries
- 4.2.2 Growing Number of Hospital Visits and Hospital Outbreaks
- 4.2.3 Rising Awareness for Maintaining Safe Hygiene Practices
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4.3 Market Restraints
- 4.3.1 Issues Regarding Disposal and Awareness
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
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5.1 By Product
- 5.1.1 Surgical Masks
- 5.1.2 N95 Respirators
- 5.1.3 Gloves
- 5.1.4 Gowns
- 5.1.5 Face Shields
- 5.1.6 Other Products
-
5.2 By Usability
- 5.2.1 Disposable
- 5.2.2 Reusable
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5.3 By End User
- 5.3.1 Hospitals and Clinics
- 5.3.2 Ambulatory Surgical Centers
- 5.3.3 Diagnostic Laboratories
- 5.3.4 Other End Users
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.2 Europe
- 5.4.2.1 Germany
- 5.4.2.2 United Kingdom
- 5.4.2.3 France
- 5.4.2.4 Italy
- 5.4.2.5 Spain
- 5.4.2.6 Rest of Europe
- 5.4.3 Asia-Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 South Korea
- 5.4.3.6 Rest of Asia-Pacific
- 5.4.4 Middle East and Africa
- 5.4.4.1 GCC
- 5.4.4.2 South Africa
- 5.4.4.3 Rest of Middle East and Africa
- 5.4.5 South America
- 5.4.5.1 Brazil
- 5.4.5.2 Argentina
- 5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 3M Company
- 6.1.2 Ansell Limited
- 6.1.3 Cardinal Health Inc.
- 6.1.4 DuPont de Nemours Inc.
- 6.1.5 Hartalega Holdings Berhad
- 6.1.6 Honeywell International Inc.
- 6.1.7 Kimberly-Clark Corporation
- 6.1.8 Top Glove Corporation Bhd
- 6.1.9 Medline Industries Inc.
- 6.1.10 AMD Medicom Inc.
- 6.1.11 Honeywell International Inc.
- 6.1.12 Alphaprotech
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMedical Protective Equipment Industry Segmentation
Medical protective equipment, or MPE, is worn to minimize exposure to hazards that cause workplace injuries and illnesses. These injuries or illnesses could arise from contact with chemical, electrical, mechanical, or radiological hazards.
The medical protective equipment market is segmented by product, usability, end users, and geography. By product, the market is segmented into surgical masks, N95 respirators, gloves, gowns, face shields, and other products. By usability, the market is segmented into disposable and reusable. By end user, the market is segmented into hospitals and clinics, ambulatory surgical centers, diagnostic laboratories, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD) for the above segments.
| By Product | Surgical Masks | |
| N95 Respirators | ||
| Gloves | ||
| Gowns | ||
| Face Shields | ||
| Other Products | ||
| By Usability | Disposable | |
| Reusable | ||
| By End User | Hospitals and Clinics | |
| Ambulatory Surgical Centers | ||
| Diagnostic Laboratories | ||
| Other End Users | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Medical Protective Equipment Market Research FAQs
How big is the Medical Protective Equipment Market?
The Medical Protective Equipment Market size is expected to reach USD 40.90 billion in 2024 and grow at a CAGR of 6.42% to reach USD 55.82 billion by 2029.
What is the current Medical Protective Equipment Market size?
In 2024, the Medical Protective Equipment Market size is expected to reach USD 40.90 billion.
Who are the key players in Medical Protective Equipment Market?
Ansell Limited, Top Glove Corporation Bhd, DuPont de Nemours, Inc., 3M Company and Kimberly-Clark Corporation are the major companies operating in the Medical Protective Equipment Market.
Which is the fastest growing region in Medical Protective Equipment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Medical Protective Equipment Market?
In 2024, the North America accounts for the largest market share in Medical Protective Equipment Market.
What years does this Medical Protective Equipment Market cover, and what was the market size in 2023?
In 2023, the Medical Protective Equipment Market size was estimated at USD 38.27 billion. The report covers the Medical Protective Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Medical Protective Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Medical Protective Equipment Industry Report
Statistics for the 2024 Medical Protective Equipment market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Medical Protective Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
