The global Disposable Face Masks Market published by Report and Data offers a panoramic view of the competitive landscape of the market. Reports and Data estimates that the leading companies in the market are expected to occupy largest revenue share in the global market attributed to their robust portfolio of services and products and a strong presence across major geographical regions.
Top companies in the market include 3M Company, DuPont de Nemours, Inc., Kimberly-Clark Corporation, Medline Industries, LP, Crosstex International, Inc., Alpha ProTech, Dynarex Corporation, OM Halyard, Prestige Ameritech, Ansell Ltd., Cardinal Health, and Ambu A/S.
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According to latest analysis by RnD, increasing number of product launches, product approvals, extensive RD activities, entry of novice players, and recent strategic alliances in the market such as mergers acquisitions, collaborations, partnerships, and deals, among others are some key factors that will drive the market revenue growth over the forecast period 2022-2030. Entry of new players and start-ups and the advent of advanced technologies are expected to further intensify the competition in the market.
Based on the application, application 2 is expected to account for a substantially large revenue share of more than 50% during the forecast period owing to increasing demand for advanced products to improve patient outcomes, improvements in healthcare facilities, rising number of investment and funding to accelerate medical and scientific research, increasing focus on personalized medicine, and rapid progress in drug research and development.
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Based on regional analysis, the market in Asia Pacific is expected to account for the largest revenue share in the global market during the forecast period. Rapid growth rate of the market is attributed to increasing government stringent rules and regulations implementing mask mandates was associated with a relatively rapid spread of SARS-CoV-2 in countries such as China and India among others.
Segments covered: By Material Type Outlook, Product Type Outlook, Distribution Channel Outlook, End-use Outlook, Regional Outlook
By Material Type Outlook :
- Polypropylene (PP)
- Polyurethane
- Polyester
- Cotton
By Product Type Outlook :
- Reusable Mask
- Disposable Mask
- Basic Surgical Mask
- Anti-fog Surgical Mask
- Fluid/Splash Resistant Surgical Mask
- Others
By Distribution Channel Outlook:
- Online
- Offline
By End-use Outlook:
- Hospitals Clinics
- Industrial Institutional
- Personal/Individual Protection
Increasing demand to treat chronic and rare diseases to drive market growth
The global Disposable Face Masks Market is majorly driven by a rapidly rising demand for personalized therapy and precision medicine to treat a wide range of rare and chronic diseases such as diabetes, cancer, hypertension, cardiovascular diseases, neurological disorders, and genetic disorders. Rapid progress in the field of precision medicine and growing application of customized therapies are significantly contributing to the revenue growth of the market.
Inaccessibility to advanced medical facilities in developing regions might hamper market growth
The steady revenue growth of the pharmaceutical and healthcare industry can be restrained due to some external factors. Limited access to proper medical facilities in low- and middle-income regions, shortage of skilled professionals, and lack of knowledge about certain treatments, drugs, and diseases can hamper market growth over the forecast period.
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However, the global Disposable Face Masks Market is set to recover with significant revenue growth over the forecast period majorly attributed to the emergence of COVID-19 pandemic, rapid growth of telemedicine and teleconsultation services, availability of robust drug and therapeutics pipelines, and establishment of advanced clinical and healthcare facilities.
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