The North America healthcare personal protective equipment market size is anticipated to reach USD 2.54 billion by 2027, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 8.3% from 2020 to 2027. Increasing healthcare expenditure, coupled with the growing geriatric population, is expected to augment the demand for healthcare products and services.
The increasing demand for personal protective equipment (PPE) during the COVID-19 pandemic has led to its shortage. This factor is encouraging various manufacturers to increase production capacities to cater to the rising demand. Moreover, U.S. has also invoked the Defense Production Act (DPA) to increase the production of personal protective equipment.
The rising importance of safety measures during the treatment of patients, coupled with growing awareness about hospital-acquired and other infections, is further expected to spur the demand for personal protective equipment in the healthcare sector. The outbreak of the COVID-19 pandemic is further anticipated to propel the product demand in the forthcoming years.
Owing to the growing demand, several apparel and automobile companies are focusing on manufacturing personal protective equipment for healthcare workers as well as patients. In addition, manufacturers are increasingly making use of 3D printing technology to produce masks for medical personnel.
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North America Healthcare Personal Protective Equipment Market Report Highlights
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North America Healthcare Personal Protective Equipment Market Segmentation
Grand View Research has segmented the North America healthcare personal protective equipment market on the basis of product, end use, and country:
North America Healthcare Personal Protective Equipment Product Outlook (Revenue, USD Million, 2016 – 2027)
North America Healthcare Personal Protective Equipment End-use Outlook (Revenue, USD Million, 2016 – 2027)
North America Healthcare Personal Protective Equipment Country Outlook (Revenue, USD Million, 2016 – 2027)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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