Medical Protective Equipment Market: Contours
Medical protective equipment forms a core part of germ-protection measure adopted by healthcare workers in the treatment of infectious and communicable diseases. A range of products in the medical protective equipment market has garnered enormous attention among healthcare providers after the onset of Covid-19 pandemic. Personal protective equipment pieces such as gloves, masks, face shields, and googles have risen in adoption among healthcare workers (HCWs), patients, visitors in hospital settings to protect against transmission of infections from respiratory and body fluids.
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Manufacturers have grown their revenue prospects in the medical protective equipment market by focusing on meeting the current and emerging needs of protective equipment that cater to various exposure and possible modes of transmission, especially in outbreaks. An instance was substantial rise in demand of PPE in the countries affected by the Middle East respiratory syndrome (MERS) outbreaks in 2015. All these shaped the contours of growth trajectories of the medical protective equipment market. Aside from administrative controls, and engineering controls, the use of medical protective equipment to prevent transmission of SARS-CoV-2, especially to HCWs at high risk of exposure. Medical protective equipment is also required during the handling of cancer drugs.
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Medical Protective Equipment Market: Current Avenues and Growth Boosters
The adoption of products in the medical protective equipment market has pivoted on the factor of reducing the risk of exposure for HCWs to infections. During the Covid-19 pandemic, healthcare facilities around the world were overburdened and stretched beyond the usual capacity. Thus, it remains imperative on adopting standards and protocols that will maintain continuous patient care. This has spurred the demand for medical protective equipment in various healthcare settings, including in hospitals. The trend has expanded lucrative avenues for players in the medical protective equipment market.
The growing awareness about correct ways to put on personal protective equipment and implementation of regulations to dispose of the used ones adequately are key factors favouring the growth of the medical protective equipment market. Constant update in guidelines during outbreaks have shaped the recommendations for the use of medical protective equipment. Over the past few years, both emerging economies and established economies have been witnessing stringent implementation of special waste containers and bags for the safe disposal of medical protective equipment after use.
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Medical Protective Equipment Market: Competitive Scenario
Over the past decade, extensive R&D has been made in adopting cutting-edge test methods to ascertain the efficacy of PPE. Manufacturers in the medical protective equipment market are keenly adopting such methods to help meet the latest guidelines on protective equipment use in developed nations.
Market players, vendors and manufacturers, have leaned on offering products that meet the specific need of nature of interactions of HCWs with patients and the modes of transmission. Manufacturers in the medical protective equipment market are garnering revenue gains from the steady growth in sales or use of products in hospitals and clinics, homes, clinical and diagnostic laboratories. Players from various industries reaped vast short-term revenue gains from the surge in demand for PPE during Covid-19 pandemic.
Some of the key players in the medical protective equipment market are 3M, Dynarex Corporation, Top Glove Corporation Bhd, Honeywell International Inc., Kimberly-Clark Corporation, Cardinal Health, DuPont, and Hartalega Holdings.
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Medical Protective Equipment Market: Regional Growth Dynamics
On the global front, North America, Europe, and Asia Pacific are prominent regional markets. Developed nations in North America have witnessed abundant opportunities from the rising uptake of medical protective equipment in hospitals. Healthcare sector in Asia Pacific medical protective equipment market has been offering new revenue streams to proliferating sales of PPE to comply with recommendations for HCWs.
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