N95 Grade Medical Protective Masks Market

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2. N95 GRADE MEDICAL PROTECTIVE MASKS MARKET ANALYSIS N95 Grade Medical Protective Masks Market, By Type (Mask with Exhalation Valve, Mask without Exhalation Valve), By Application (Individual, Industrial, Hospital & Clinic), By Distribution Channel (Hospitals/Clinics, Drug Stores, Online Stores), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

3. Market Overview The global N95 grade medical protective masks market is projected to reach around US$ 1,495.4 million by the end of 2027, in terms of revenue, exhibiting a CAGR of 7.3% during the forecast period (2020-2027). Market Drivers Among region, North America held dominant position in the global N95 grade medical protective masks market in 2018, accounting for 38.5% share in terms of value, followed by Asia Pacific.

4. Figure 1. Global N95 Grade Medical Protective Masks Market Revenue Share (%), By Region, 2018

5. Market Restraints & Opportunities The availability of medical, surgical, and patient care face masks are major factors restraining growth of the N95 grade medical protective masks market. The medical and surgical masks are designed in a manner, which helps in the prevention of larger droplets from being expelled by the wearer into the environment The N95 grade medical protective masks market is expected to witness significant growth opportunities with the increasing adoption of safety healthcare protective devices, owing to rising awareness amongst the people about the benefits offered by N95 masks. As per China standards, KN95 is the equivalent respirator of N95. In the ongoing COVID-19 pandemic, China is one of the worst affected countries and is producing the masks at a rapid rate.

6. Figure 2. Global N95 Grade Medical Protective Masks Market – Opportunity Analysis

7. Market Trends The World Health Organization reported a total of 413,467 cases across the globe as on March 25, 2020. Among this, the major affected countries include China (81,848 cases), Italy (69,176 cases), USA (68334 cases), Iran (24,811 cases), Republic of Korea (9,137 cases), Spain (39,673 cases), Germany (31,554 cases), and France (22,025 cases).

8. Figure 3. Global N95 Grade Medical Protective Masks Market Revenue Share (%), By Distribution Channel, 2019

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