North America N95 Masks Market
No. of Pages: 119 | Report Code: TIPRE00025349 | Category: Consumer Goods
No. of Pages: 119 | Report Code: TIPRE00025349 | Category: Consumer Goods
The North America N95 Mask market is analyzed on the basis of three major countries: the US, Canada, and Mexico. The US holds the largest size of the N95 Mask market owing to factors such as the increasing burden of COVID19, increasing product launches are among the factors leading the market. In North America, the US is the largest market for N95 masks. The increasing hospital-acquired infections and increasing prevalence of COVID19 are among the primary drivers of the growth of this market, and the presence of significant market players in the US will accelerate the development of this market in this country. For instance, the Centers for Disease Control (CDC) has predicted that Healthcare-Acquired Infections (HAIs) estimate to infect about 1.7 million and 99,000 associated deaths each year in American hospitals annually. Prevalence of COVID-19 is the major factor driving the growth of the North America N95 masks market.
In the North American region, the US was profoundly affected by the outbreak of the COVID-19 pandemic. The country has marked the highest number of positive patients. Across the nation, various healthcare research centers were working only for research on COVID 19 therapeutics. Facial masks are among the highly consumed hospital consumables. The hospitals utilize more facial masks, such as the N95 during the COVID19 pandemic and general patients. There has been a tremendous rise in the demand for N95 masks in the regions. To tackle this shortage, regulatory agencies such as USFDA have given revised guidelines regarding the PPE. The agency has also liberalized the product approval procedures to facilitate early product availability in the market. Various market players of non-healthcare businesses are involved in the hospital gowns' productions to fulfill the high demand. The existing players are ramping up the production and supply chain for the hospital gowns in the region. However, in the scenario, various counterfeit N95 masks of the branded companies are being marketed. The government has issued an alert regarding the same. For instance, Health Canada issued a warning regarding counterfeit 3M N95 respirators/masks. The availability of alternate products has caused ideal stocks of N95 masks in the US manufacture’s storehouses. The COVID19 has a positive impact on the N95 mask market in the region.
Strategic insights for the North America N95 Masks provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 519.41 Million |
| Market Size by 2028 | US$ 1,327.50 Million |
| Global CAGR (2021 - 2028) | 14.3% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
The geographic scope of the North America N95 Masks refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The N95 masks market in North America is expected to grow from US$ 519.41 million in 2021 to US$ 1,327.50 million by 2028; it is estimated to grow at a CAGR of 14.3% from 2021 to 2028. Companies operating in the non-PPE markets have started investing in the PPE production businesses to support the effective supply of products such as respiratory masks. The PPE manufacturing companies are focusing on expanding their business in developing countries. Further, in response to the burgeoning demand in the general population, many local mask producers are coming up with innovative and low-cost products. They are also engaging in other business activities supporting the scaling up of production capacities, such as the supply of raw materials. Moreover, governments have started strictly regulating the pricing and stocking of the N95 masks to avoid unethical business practices.
The North America N95 masks market is segmented on the basis of product, distribution channel, end user, and country. By product, the North America N95 masks market is bifurcated into without exhalation valve and with exhalation valve. The without exhalation valve segment dominated the market in 2020 and with exhalation valve segment is expected to be the fastest growing during the forecast period. On the basis of distribution channel, the N95 masks market is segmented into offline and online. The offline segment dominated the market and online segment is expected to be the fastest growing during the forecast period. By end user, the North America N95 masks market is segmented into construction; manufacturing; healthcare; mining, oil and gas; and others. The construction segment dominated the market in 2020 and healthcare segment is expected to be the fastest growing during the forecast period.
A few major primary and secondary sources referred to for preparing this report on N95 masks market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M COMPANY; ALPHA PRO TECH, LTD.; Ansell Limited; Cardinal Health Inc; Honeywell International Inc.; Kimberly-Clark Corporation; Medisca Inc; Medline Industries, Inc.; Moldex-Metric; and The Gerson Company are among others.
The North America N95 Masks Market is valued at US$ 519.41 Million in 2021, it is projected to reach US$ 1,327.50 Million by 2028.
As per our report North America N95 Masks Market, the market size is valued at US$ 519.41 Million in 2021, projecting it to reach US$ 1,327.50 Million by 2028. This translates to a CAGR of approximately 14.3% during the forecast period.
The North America N95 Masks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America N95 Masks Market report:
The North America N95 Masks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America N95 Masks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America N95 Masks Market value chain can benefit from the information contained in a comprehensive market report.
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