What is Medical Protection Products Market?
Medical protection products are used by medical professionals for safety purposes. These products are of numerous types such as gloves, face shields, gowns, caps and many others. They are made of numerous materials according to their applications. The factors such as the Increased Number of Surgeries Performed around the Globe and Increasing Demand for Disposable Medical Protection Products are driving the global medical protection products market. The fluctuations in the raw material prices may hamper the market growth.
The market study is being classified by Type (Medical Gloves, Shoe Covers, Face Shields, Gowns, Caps, Masks and Others), by Application (Hospitals, Clinics, Ambulatory Surgical Centres and Others) and major geographies with country level break-up.
3M (United States), Ansell (Australia), Cardinal Health, Inc. (United States), Halyard Health (United States), Honeywell International Inc. (United States), Kimberly-Clark Corporation (United States), Shanghai Dasheng (China), Irema (Ireland) and McKesson Corporation (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Medical Protection Products market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Medical Protection Products market by Type, Application and Region.
On the basis of geography, the market of Medical Protection Products 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Prevalence of Hospital-Acquired Diseases
- High Demand from the Hospitals and Healthcare Facilities
- Increased Number of Surgeries Performed around the Globe
- Increasing Demand for Disposable Medical Protection Products
- Fluctuations in the Raw Material Prices
- Growing Healthcare Industry Worldwide
- Increasing Demands for Medical Protection Products with Advanced Materials
- Availability of Low-Quality Products in Cheaper Rates
- Stringent Government Rules and Regulations
In October 2019, 3M (NYSE: MMM) has announced it has completed the acquisition of Acelity, Inc. and its KCI subsidiaries worldwide from a consortium comprised of funds advised by Apax Partners (the Apax Funds), together with controlled affiliates of the Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSP Investments).
Key Target AudienceMedical Protection Products Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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