Latin America Healthcare Ppe Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 2,421.36 Billion |
Market Size (Forecast Year) |
USD 2,534.00 Billion |
CAGR |
|
Major Markets Players |
Latin America Healthcare Personal Protective Equipment (PPE) Market, By Product (Hands and Arm Protection Equipment, Protective Clothing, Foot & Leg Protection Equipment, Respiratory Protection Equipment, Eye & Face Protection Equipment, Head Protection Equipment, Hearing Protection Equipment, and Others), End-User (Hospitals, Clinics, Medical Facilities, Research and Academic Institutes, Ambulatory Surgical Centres and Others), Distribution Channel (OEMS, Direct Sales/B2B, Specialty Stores and Others) – Industry Trends and Forecast to 2030.
Latin America Healthcare Personal Protective Equipment (PPE) Market Analysis and Size
The increasing cases of COVID-19 in the U.S. and the presence of strict regulations associated with the safety of healthcare personnel are expected to boost product demand over the upcoming years. It has been observed that the hand protection segment is dominating the market growth. Products, such as gowns and gloves, are widely used to interrupt the transmission of pathogens when treating patients suffering from communicable diseases.
Data Bridge Market Research analyses that the market, which was USD 2,421.36 million in 2022, would rise to USD 2,534 million by 2030 and is expected to undergo a CAGR of 0.57% during the forecast period from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Latin America Healthcare Personal Protective Equipment (PPE) Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Product (Hands and Arm Protection Equipment, Protective Clothing, Foot & Leg Protection Equipment, Respiratory Protection Equipment, Eye & Face Protection Equipment, Head Protection Equipment, Hearing Protection Equipment, and Others), End-User (Hospitals, Clinics, Medical Facilities, Research and Academic Institutes, Ambulatory Surgical Centres and Others), Distribution Channel (OEMS, Direct Sales/B2B, Specialty Stores and Others) |
Countries Covered |
Brazil, Argentina, Ecuador, Bolivia, Dominican Republic, Paraguay, Mexico, Colombia, Peru, Guatemala, El Salvador, Venezuela, Rest of LATAM |
Market Players Covered |
Drägerwerk AG & Co. KGaA (Germany), Honeywell International, Inc. (U.S.)., Dupont (U.S.) 3M (U.S.), KCWW (U.S.), Cardinal Health, Inc. (U.S.), Moldex-Metric (U.S.), Delta Plus Group (France)., ALPHAPROTECH (Canada), PRIMED (Canada)., ANSELL LTD (Australia)., Medline Industries, Inc. (U.S.) |
Market Opportunities |
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Market Definition
Personal protective equipment (PPE) is defined as the specific protective clothing which has been designed to protect the individual from health hazard injury or the spread of infection or illness. PPE is widely used in healthcare clinics and systems such as clinics, hospitals, doctors' offices, and research laboratories. It acts as a shield between the contagious materials and the skin, mouth, nose, and eyes. The shield reduces the transmission of contaminants from body fluids, blood, and respiratory secretions.
Latin America Healthcare Personal Protective Equipment (PPE) Dynamics
Drivers
- Increasing Demand for Respiratory Protection Products
It has been witnessed that the respiratory protection product is helping in boosting the market growth. Respiratory Protective Equipment (RPE) has become extremely critical during the pandemic. Though COVID-19 vaccines are most likely to decrease the intensity of the pandemic, the demand for respiratory protection products, such as respirators and surgical masks, is estimated to remain strong throughout 2021, thus boosting segment growth. Also, goggles and safety glasses are some commonly used eye protection equipment. Thus, this factor boosts market growth.
- Increasing Rate of Outpatient/Primary Care Facilities
The outpatient or primary care facilities will likely witness huge growth over the forecast period. Primary care physicians act as the first contact and examine patients having undiagnosed health concerns or symptoms. Therefore, PPE plays a major role in such cases to avoid cross-contamination. The growing number of patients visiting primary care services for consultation is most likely to increase the product demand in this facility over the forecast period. Thus, this acts as a major factor for market growth.
Opportunities
- Huge Demand from Healthcare Sector
The market witnessed a high trajectory due to robust demand from healthcare facilities. Major market players have shifted their focus to products such as face masks, gloves, shields, and gowns. N95 respirator output at 3M reportedly increased to 1.1 billion per year. The increasing demand for respiratory protection, hand protection, and healthcare personal protective equipment will boost the growth. Thus, all these factors are responsible for the market growth.
Restraints/Challenges
- Side Effects of PPE
Various side-effects are associated with PPE kits that are harmful to market growth. For instance, PPE mask pressure is associated with retro auricular pain, chest distress, dyspnea, thirst, dizziness, or palpitations. 43% of respondents stated an increase in facial acne, whereas another 35% reported facial skin soreness due to face masks. Thus, these factors impede market growth.
This Latin America healthcare personal protective equipment (PPE) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Latin America healthcare personal protective equipment (PPE) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In 2021, Honeywell International Inc. donated 225 million N95 and Surgical Masks for healthcare and government use. The products that are being donated have met the increased demand for safety and respiratory products. It resulted in an improved product portfolio of respiratory protection equipment.
Latin America Healthcare Personal Protective Equipment (PPE) Market Scope
The Latin America healthcare personal protective equipment (PPE) market is segmented on the basis of product, end-user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Hands and Arm Protection Equipment
- Protective Clothing
- Foot & Leg Protection Equipment
- Respiratory Protection Equipment
- Eye & Face Protection Equipment
- Head Protection Equipment, Hearing Protection Equipment
- Others
End-user
- Hospitals
- Clinics
- Medical Facilities
- Research and Academic Institutes
- Ambulatory Surgical Centres
- Others
Distribution Channel
- OEMS
- Direct Sales/B2B
- Specialty Stores
- Others
Latin America Healthcare Personal Protective Equipment (PPE) Regional Analysis/Insights
The healthcare personal protective equipment (PPE) market is analyzed and market size insights and trends are provided by product, end-user and distribution channel as referenced above.
The countries covered in the healthcare personal protective equipment (PPE) market report are Brazil, Argentina, Ecuador, Bolivia, Dominican Republic, Paraguay, Mexico, Colombia, Peru, Guatemala, El Salvador, Venezuela, Rest of LATAM.
Brazil is dominating the Latin American healthcare personal protective equipment (PPE) market because of the increasing incidence of diabetes, which causes diabetic foot ulcers. Along with this extreme number, several market players, such as Convatec Inc. and Coloplast Corp, are operating in this region. Brazil is leading the growth in Latin America due to the huge rise in COVID patients. Also, increased virus infections in the region and increased medical tourism in the region are boosting market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The Latin America healthcare personal protective equipment (PPE) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for healthcare personal protective equipment (PPE) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the healthcare personal protective equipment (PPE) market. The data is available for historic period 2011-2021.
Competitive Landscape and Latin America Healthcare Personal Protective Equipment (PPE) Market Share Analysis
The Latin America healthcare personal protective equipment (PPE) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Latin America healthcare personal protective equipment (PPE) market.
Some of the major players operating in the Latin America healthcare personal protective equipment (PPE) market are:
- Drägerwerk AG & Co. KGaA (Germany)
- Honeywell International, Inc. (U.S.)
- Dupont (U.S.) 3M (U.S.)
- KCWW (U.S.)
- Cardinal Health, Inc. (U.S.)
- Moldex-Metric (U.S.)
- Delta Plus Group (France)
- ALPHAPROTECH (Canada)
- PRIMED (Canada)
- ANSELL LTD (Australia)
- Medline Industries, Inc. (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.