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09 Mar, 2022, 12:00 GMT
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SAN FRANCISCO, March 9, 2022 /PRNewswire/ — The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace. With the COVID-19 pandemic’s emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.
Key Insights & Findings from the report:
Get Sample of this market research report, "N95 Mask Market Size, Share, & Trends Analysis Report By Product (With Exhalation Valve, Without Exhalation Valve), By End Use (Healthcare, Construction, Oil & Gas, Manufacturing), By Region, And Segment Forecasts, 2022 – 2030", published by Grand View Research.
N95 Mask Market Growth & Trends
Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.
N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.
N95 Mask Market Segmentation
Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:
N95 Mask Product Outlook (Revenue, USD Million, 2017 – 2030)
N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
N95 Mask End-use Outlook (Revenue, USD Million, 2017 – 2030)
N95 Mask Regional Outlook (Revenue, USD Million, 2017 – 2030)
List of Key Players of N95 Mask Market
Check out more related studies published by Grand View Research:
Browse through Grand View Research’s Smart Textiles Industry Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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