A number of factors, such as the soaring air pollution levels, surging volumes of surgeries, booming geriatric population, and increasing prevalence of airborne diseases, will drive the surgical, face, and respiratory mask market at a CAGR of 5.7% during 2020–2030. According to P&S Intelligence, the market generated a revenue of $2,141.3 million in 2019 and it is projected to reach $15,696.2 million by 2030. Moreover, the COVID-19 outbreak has also facilitated the market growth, worldwide.
The rising air pollution level is one of the prominent growth drivers for the market. Rapid industrialization and urbanization have led to the emission of a large volume of pollutants in the atmosphere. The increasing number of vehicles and manufacturing units, on account of urbanization and industrialization, are harming the air quality in numerous ways. The soaring air pollution level is resulting in lung cancer, respiratory infections, chronic lung diseases, and heart diseases and strokes. To avoid falling prey to these ailments, people are using surgical, face, and respiratory masks in abundance.
The increasing usage of masks in quarantine wards, on account of the rapid spread of COVID-19, has become a major trend in the surgical, face, and respiratory mask market. Since coronavirus is an airborne disease, its spread can be minimized through the usage of masks. As the virus has affected millions of people, the hospitals are overburdened with COVID-affected patients. To control the virus spread, doctors and governments are constantly encouraging people to use masks in quarantine wards. Usage of masks is advisable in normal circumstances as well.
The product type segment of the surgical, face, and respiratory mask market is divided into surgical and respiratory. Of these, the respiratory category is expected to account for larger market share in the forecast years, owing to the high air pollution levels and high prices of respiratory masks. Whereas, the surgical category will demonstrate faster growth in the coming years, due to the surging incidence of airborne diseases and increasing volume of surgeries. Moreover, the COVID-19 pandemic has augmented the sale of surgical masks, as these help in minimizing the spread of the virus.
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Geographically, Asia-Pacific (APAC) held the largest share in the surgical, face, and respiratory mask market in 2019, and it is projected to retain its dominance in the coming years as well. This can be attributed to high air pollution levels and increasing prevalence of airborne diseases, which compel people to wear masks, while commuting or going out. Moreover, the rampant spread of coronavirus in APAC countries has also fueled the demand for such masks. Besides, increasing number of hospitals and healthcare professionals have also supported the growth of the regional market.
Thus, the rapid spread of coronavirus and the high air pollution levels will augment the demand for surgical, face, and respiratory masks in the forecast years, across the world.