COVID-19 Impact to the Global Surgical Masks and Respirators Market – New Forecast Released by LSI

Posted by Life Science Intelligence on Mar 27, 2020 10:52:46 AM
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Life Science Intelligence (LSI) has been tracking and publishing market data on the global surgical apparel market and protective personal equipment (PPE) market for the last decade. LSI’s new market report, Global Opportunities in Surgical Masks and Respirators Market - Impact Analysis of Coronavirus Outbreak provides a reliable and independent forecast of the COVID-19 impact to these markets.

According to the new report, global sales of surgical masks and respirators will exceed pre-pandemic estimates for these products by 211% and 305%, respectively. In 2020, global sales of surgical masks and respirators are projected to reach between $8.0 and $10.7 billion, depending on how the virus spreads. A massive increase in demand for these products, coupled with unit shortages, have caused average sale prices to increase by as much as 4X.

The report features three projected forecasts that take into consideration different scenarios of transmission and containment. These forecasts project revenue and units distributed assuming contained, sustained, and widespread transmission of the virus.

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Companies covered in this analysis include: 3M (MMM), Cardinal Health (CAH), Honeywell International (HON), Premier, Prestige Ameritech, Alpha Pro Tech (APT), Makrite Industries, Moldex Metric, Aero Pro, Louis M. Gerson Company, Shanghai Dasheng Health Products, Foss Performance Materials, Hakugen Earth, and Shanghai Gangkai Purifying Products Company, among others.

Pre-pandemic market forecasts are included in this also recently published report: Global Surgical Apparel Market

More about this report and other medical device & diagnostic markets impacted by COVID-19 and the corresponding financial crisis can be found here: https://www.lifesciencemarketresearch.com/market-reports

 

 

Topics: Medtech, Surgical Procedure Volumes, COVID-19, Coronavirus

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About the Author

Life Science Intelligence (LSI) helps medtech executives make better strategic decisions by delivering unique market data and business insights. For over 13 years LSI has been working with industry giants – Johnson & Johnson, Medtronic, Abbott, Stryker, Cardinal, Boston Scientific, and Becton Dickinson, among others. LSI products are also leveraged by the most successful start-ups, innovators, investors, and service companies that compete in medtech. LSI is the organizer of The Emerging Medtech Summit held annually in Southern California.

Contact LSI here, via phone 714 847 3540, or email info@lsintel.com