COVID-19 Impacts: Surgical Mask Market will Accelerate at a CAGR of over 8% through 2020-2024 | Frequent Outbreak of Epidemics to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Surgical Mask Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the surgical mask market and it is poised to grow by USD 2.41 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request the Latest Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

  • What was the value of the surgical mask market in 2019?
    Technavio says that the value of the market was USD 4.86 billion in 2019 and is projected to reach USD 7.27 billion by 2024.
  • At what rate is the market projected to grow during the forecast period 2020-2024?
    Growing at a CAGR of over 8%, the market growth will accelerate in the forecast period of 2020-2024.
  • What is the key factor driving the market?
    Frequent outbreak of epidemics.
  • Who are the top players in the market?
    3M Co., Ansell Ltd., Cardinal Health Inc., Dynarex Corp., Investor AB, Honeywell International Inc., Medline Industries Inc., Owens & Minor Inc., Sterimed, and Thermo Fisher Scientific Inc. are the top players in the market.
  • Which region is expected to hold the highest market share?
    Europe.
  • What is the major trend for the surgical mask market?
    A rising number of surgical procedures.
  • Based on segmentation by end-user, which segment is expected to witness the fastest growth in the global market?
    Offline.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Ansell Ltd., Cardinal Health Inc., Dynarex Corp., Investor AB, Honeywell International Inc., Medline Industries Inc., Owens & Minor Inc., Sterimed, and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The frequent outbreak of epidemics has been instrumental in driving the growth of the market. However, the limitations and drawbacks of surgical masks might hamper market growth.

Surgical Mask Market 2020-2024: Segmentation

Surgical Mask Market is segmented as below:

  • Distribution Channel
    • Offline
    • Online
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43215

Surgical Mask Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our surgical mask market report covers the following areas:

  • Surgical Mask Market size
  • Surgical Mask Market trends
  • Surgical Mask Market industry analysis

This study identifies the rising number of surgical procedures as one of the prime reasons driving the surgical mask market growth during the next few years.

Surgical Mask Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the surgical mask market, including some of the vendors such as 3M Co., Ansell Ltd., Cardinal Health Inc., Dynarex Corp., Investor AB, Honeywell International Inc., Medline Industries Inc., Owens & Minor Inc., Sterimed, and Thermo Fisher Scientific Inc. Backed with competitive intelligence and benchmarking, our research reports on the surgical mask market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Surgical Mask Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist surgical mask market growth during the next five years
  • Estimation of the surgical mask market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the surgical mask market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of surgical mask market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Volume Driver – Demand led growth

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Ansell Ltd.
  • Cardinal Health Inc.
  • Dynarex Corp.
  • Investor AB
  • Honeywell International Inc.
  • Medline Industries Inc.
  • Owens & Minor Inc.
  • Sterimed
  • Thermo Fisher Scientific Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Surgical Mask Market will grow by USD 2.41 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/