N95 Respirator Market Scope
Breathing is a crucial part of life. The air we inhale into the lungs mostly contains oxygen and exhale air as carbon dioxide. This inhalation and exhalation happen through nose and mouth. However, while breathing there are chances that air we inhale is contaminated with dust, pollen, fumes, smoke, allergens, bacteria, and viruses that are harmful and life-threatening. To prevent these deadly particles from entering the lungs the use of is respirator masks has increased. The N95 respirator is used as a respiratory protective device that helps to the filtration of airborne particles while inhaling air. The 'N95' stands for not oil resistant and capable to block up to 95% of airborne particles that are as small as 0.3 microns. The increasing demand for N95 respirator due to the outbreak of the Covid-19 pandemic situation globally has rapidly driven the global N95 respirator market size from the first and second quarters of 2020.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 3M Company (United States), Honeywell International Inc. (United States), Kimberly-Clark Corporation (United States), Cardinal Health (United States), Kowa Company Ltd. (Japan), Ansell Ltd. (Australia), Jiangsu Teyin Imp. & Exp. Co., Ltd. (Japan), The Gerson Company (United States), Prestige Ameritech (United States), Cambridge Mask Co (United States), Becton, Dickinson and Company (United States) and Teleflex Incorporated (United States) |
CAGR | % |
Research Analyst at AMA estimates that United States and European Players will contribute to the maximum growth of Global N95 Respirator market throughout the predicted period.
3M Company (United States), Honeywell International Inc. (United States), Kimberly-Clark Corporation (United States), Cardinal Health (United States), Kowa Company Ltd. (Japan), Ansell Ltd. (Australia), Jiangsu Teyin Imp. & Exp. Co., Ltd. (Japan), The Gerson Company (United States), Prestige Ameritech (United States), Cambridge Mask Co (United States), Becton, Dickinson and Company (United States) and Teleflex Incorporated (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Shanghai Dasheng Health Products Manufacture Company (China), Gerson (United States), VENUS Safety & Health (India), Moldex-Metric, Inc. (United States) and Tikish Pharmaceuticals (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global N95 Respirator market by Type , by Application (Industrial Use and Personal Use) and Region with country level break-up.
On the basis of geography, the market of N95 Respirator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In MAY 2022, Honeywell announced two new NIOSH-certified respiratory offerings to help meet the needs of healthcare workers. The new products expand Honeywell’s personal protective equipment (PPE) portfolio for healthcare professionals, incorporating the company’s decades of expertise producing respiratory-protection solutions.
In April 2020, 3M partnered with Cummins to increase the production of high efficiency particulate filters for use in 3M’s powered air purifying respirators (PAPRs). Since the COVID-19 outbreak, 3M has ramped up production of N95 and other respirators and doubled its global output to 1.1 billion per year.
Influencing Trend:
Increasing Prevailing Covid-19 Pandemic Situation
Market Growth Drivers:
High Demand from the Healthcare Sector, Increasing Number of Startups Producing N95 Respirator and Growing Use of N95 Respirator in Daily Lifestyle
Challenges:
Shortage of N95 Respirator in Rural Areas
Restraints:
High Cost of N95 Respirator and N95 Respirator is Not Oil Proof
Opportunities:
Increasing Government Funding on Production of Disposable Medical Mask and Rising Occurrence of Dust Allergies Due to Pollution
Analyst View
Ever since the coronavirus outbreak began in China and broadened globally from December 2019 until this year 2020, the demand for N95 mask has boosted rapidly as people has increased use of N95 respirators as a vital protective product in their daily life.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, N95 Respirator Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users