Respiratory Masks Market Research, 2031
The global respiratory mask market size was valued at $527.10 million in 2021, and is projected to reach $2,394.30 billion by 2031, growing at a CAGR of 16.4% from 2022 to 2031 The purpose of a respiratory masks is to shield the wearer's lungs from potentially hazardous atmospheres, such dust, vapor, gas, and particle matter. A mask or other covering that covers the mouth and nose protects the respiratory system by removing harmful elements from the air that is inhaled, such as dust, fumes, or bacteria. Only particles can be filtered out by particulate respirator masks; gases and vapors are not affected. A numerical rating such as 95 or 99, may be assigned to a respirator of this type to indicate the volume of airborne particles filtered. In addition, a letter may be used to indicate if something is somewhat (R), not at all (NR), or significantly (P) resistant to the effects of oil on proper respirator operation.
Growth of the global respiratory mask market size is majorly driven by rise in prevalence of respiratory disorders, increase in the geriatric population, increase in number of N95 mask industry and rise in number of product launch and product approval for respiratory mask. Moreover, as COVID-19 can spread through air, it can be prevented by using respiratory mask. Thus, increase in the prevalence of COVID-19 and rise in the awareness among the people regarding the effectiveness of mask drive the respiratory mask market trends. In addition, increase in geriatric population is one of the important factors that drive the respiratory mask market growth. Number of elderly people is increasing dramatically globally. Older adults may be more susceptible to respiratory disorders, such as asthma, chronic obstructive pulmonary disease (COPD), asthma, lung cancer, and COVID-19. This increases the demand for respiratory mask and drives the growth of the market. The most common infectious disease-related cause of death in elderly people is respiratory tract infections. Henceforth, this factor attributes to drive the respiratory mask market analysis. For instance, in 2019, the World Health Organization (WHO) estimated that 703 million people aged 65 and up lived in the world. By 2050, the number of elderly people is expected to increase to 1.5 billion.
Rise in the number of product launch and product approval for respiratory mask attributes to drive the growth of market. For instance, in May 2022, Honeywell International Inc., a conglomerate company, announced the launch of DC365 Small surgical N95 Respirator to help protect frontline workers who need a smaller sized surgical N95. Moreover, rise in the adoption of key strategies, such as collaboration, acquisition, partnership, and business expansion for respiratory mask products fuels the market growth. For instance, in May 2020, Premier Inc., a hospital and healthcare company, and 15 of its members acquired a minority stake in Prestige Ameritech, the nation’s largest domestic producer of face masks, as well as other personal protective equipment (PPE). Under the agreement, Premier members commit to purchase a portion of all face masks they use annually from Prestige Ameritech for up to six years.
On the other hand, fluctuation in the prices of protective face masks and production of non-biodegradable masks are some factors that are anticipated to restrain the growth of the respiratory mask market.
The COVID-19 outbreak is anticipated to have a positive impact on the growth of the global respiratory mask market. Use of respiratory mask is one of the important guidelines for the prevention of spread of COVID-19 infection. This fuels the demand for respiratory mask.
Respiratory Mask Market Segmentation
The respiratory mask market is segmented on the basis of type, age group, end user, and region. On the basis of type, the market is segmented into disposable and reusable. The disposable mask segment is sub-categorized into N series, P series, and R series. On the basis of age group, the market is divided into neonatal and pediatric, adults, and geriatric. On the basis of end user, the market is divided into hospitals, nursing homes and clinics, trauma centers, and homecare. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Segment Review
Respiratory Mask Market, By Type
The disposable segment dominated the market in 2021, and is expected to continue this trend during the respiratory mask market forecast period, owing to increase in awareness among people regarding the effectiveness of single use respiratory mask and increase in the number of product launch for disposable respiratory mask. The reusable segment is anticipated to witness lucrative growth, during the forecast period, owing to rise in the usage of reusable face mask and increase in the awareness among people regarding usage of mask.
Respiratory Mask Market, By Age Group
The geriatric segment dominated the market in 2021, and is expected to continue this trend during the forecast period, as geriatric population is more susceptible to respiratory diseases. The adult segment is anticipated to witness lucrative growth, during the forecast period, owing to rise in the prevalence of respiratory disorders among adult population.
Respiratory Mask Market, By End User
The hospitals, nursing homes and clinics segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to rise in the number of hospitals, nursing homes and clinics and rise in the expenditure by government to develop healthcare infrastructure.
Respiratory Mask Market, By Region
North America accounted for a majority of the global respiratory mask market share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to rise in the prevalence of respiratory diseases, increase in number of respiratory mask industry, and developed healthcare infrastructure. Asia-Pacific is anticipated to witness lucrative growth, owing to rise in expenditure by government organization to develop thehealthcare sector, increase in awareness among people regarding respiratory disorders, and rising geriatric population.
Some of the major companies that operate in the global respiratory masks market include, 3M, AlphaProTech, ANSELL LTD, Cardinal Health, Delta Plus Group, Honeywell International Inc., KOKEN LTD., Macopharma., McKesson Corporation, Medline Industries, Inc., Moldex-Metric, Owens & Minor, RSG Safety, and Zelinsky Group Ltd.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the respiratory masks market analysis from 2021 to 2031 to identify the prevailing respiratory mask market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the respiratory masks market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global respiratory masks market trends, key players, market segments, application areas, and market growth strategies.
Respiratory Masks Market Report Highlights
Aspects | Details |
Market Size By 2031 | USD 2.4 billion |
Growth Rate | CAGR of 16.4% |
Forecast period | 2021 - 2031 |
Report Pages | 299 |
By End User |
|
By Type |
|
By Age Group |
|
By Region |
|
Key Market Players | Honeywell International Inc,, ANSELL LTD, Zelinsky Group Ltd, owens and minor, RSG Safety, 3M, Moldex Metric, Cardinal Health, Medline Industries, Inc, KOKEN LTD |
Analyst Review
A respiratory mask is defined as a device worn over the mouth and nose to protect the respiratory system by filtering out dangerous substances (such as dusts, fumes, or bacteria) from inhaled air. Rise in the prevalence of respiratory disorders and increase in geriatric population are anticipated to fuel the respiratory mask market growth.
Rise in the number of product launch and product approval for respiratory mask attributes to drive the growth of market. For instance, in May 2022, Honeywell International Inc., a conglomerate company, announced the launch of DC365 Small surgical N95 Respirator to help protect frontline workers who need a smaller sized surgical N95. Moreover, rise in the adoption of key strategies, such as collaboration, acquisition, partnership, and business expansion for respiratory mask products fuels the market growth. For instance, in May 2020, Premier Inc., a hospital and healthcare company, and 15 of its members acquired a minority stake in Prestige Ameritech, the nation’s largest domestic producer of face masks, as well as other personal protective equipment (PPE). Under the agreement, Premier members commit to purchase a portion of all face masks they use annually from Prestige Ameritech for up to six years.
The top companies that hold the market share in respiratory masks market are 3M, AlphaProTech, ANSELL LTD, Cardinal Health, Delta Plus Group, Honeywell International Inc., KOKEN LTD., Macopharma., McKesson Corporation, Medline Industries, Inc., Moldex-Metric, Owens & Minor, RSG Safety, and Zelinsky Group Ltd.
Asia-Pacific is expected to register highest CAGR of 17.6% from 2022 to 2031, owing to rise in expenditure by government organization to develop the healthcare sector, increase in awareness among people regarding respiratory disorders, and rising geriatric population.
The key trends in the respiratory masks market are rise in prevalence of respiratory disorders, increase in the geriatric population, and rise in number of product launch and product approval for respiratory mask.
The base year for the report is 2021.
Yes, respiratory masks market companies are profiled in the report
The total market value of respiratory masks market is $527.1 million in 2021.
The forecast period in the report is from 2022 to 2031
The market value of respiratory masks in 2022 was $612.1 million
Loading Table Of Content...