Global growth in personal protective equipment for healthcare
New York, November 26, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Healthcare Personal Protective Equipment Growth Opportunities” – https://www.reportlinker.com/p06186276/?utm_source=GNW
7%. The medical gloves segment, comprising surgical and examination gloves, was the largest product segment, growing 56.6% in 2020 to generate $ 10.85 billion in revenue. The medical gloves segment will grow 22.8% in 2021. Regionally, the Rest of the World (ROW) dominated the global healthcare PPE market in 2020 with a revenue share of 41.3 %, generating approximately $ 7.92 billion. North America followed the ROW with a 30.2% revenue share. Western Europe had the smallest turnover of $ 5.46 billion. The increased adoption of environmentally friendly and biodegradable products will drive the market for healthcare PPE. Manufacturers will develop products to meet changing industry demands and remain competitive and viable. The global healthcare PPE market is highly fragmented, with a number of regional manufacturers participating in the PPE industry. Tight margins and growing competition, which provide large manufacturers and distributors with opportunities for mergers and acquisitions, pose a challenge for small and medium-sized businesses.
Author: Anjan Kumar Roy
Read the full report: https://www.reportlinker.com/p06186276/?utm_source=GNW
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