The Respiratory Protection Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Respiratory Protection Equipment Market:
https://www.thebusinessresearchcompany.com/report/respiratory-protection-equipment-global-market-report
According to The Business Research Company’s Respiratory Protection Equipment Global Market Report 2024, The respiratory protection equipment market size has grown strongly in recent years. It will grow from $10.44 billion in 2023 to $11.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to risen cancer incidence, increased aging population, demand for precision medicine, patient preference for non-invasive procedures, advancements in radiotherapy.
The respiratory protection equipment market size is expected to see strong growth in the next few years. It will grow to $15.06 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing cancer burden worldwide, advancements in oncology research, expanding access to healthcare, rising awareness and education, integration with multidisciplinary approaches. Major trends in the forecast period include rise in proton therapy integration, shift towards outpatient and freestanding centers, patient-centric treatment planning, growing clinical evidence and research, telemedicine and remote treatment planning.
Growing demand from the military and aviation sectors is expected to propel the growth of the respiratory protective equipment market going forward. The military and aviation sectors refer to the industries involved in the development, production, and maintenance of military equipment and aircraft. The military sector refers to the part of a country’s government responsible for national defense and security, and the aviation sector refers to the industry involved in the design, development, production, operation, and maintenance of aircraft. Respiratory protective equipment (RPE) is extensively used in military operations to protect personnel from various respiratory hazards. As well, it is utilized in the aviation sector for various purposes, such as emergency response and firefighting. It protects against chemical, biological, radiological, and nuclear threats and helps in combat and military operations. So these factors boost the respiratory protective equipment market. For instance, in March 2022, according to reports shared by Statistics Canada, a Canada-based government agency, in 2022, major Canadian airlines transported 2.6 million passengers on scheduled and charter flights. The number has more than tripled compared to 2021. Furthermore, in February 2023, according to the Government Digital Service, a UK-based government office, the value of UK security export sales in 2021 was $10.30 billion (£8.22 billion), and in 2021, the UK won defense orders worth $8.32 billion (£6.64 billion). Therefore, growing demand from the military and aviation sectors is driving the growth of the respiratory protective equipment market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=10722&type=smp
The respiratory protection equipment market covered in this report is segmented –
1) By Product: Air Purifying Respirators (APR), Supplied Air Respirators
2) By Filter Type: Particle, Gas And Vapor, Compiled Filters
3) By Distribution Channel: Direct And institutional Sales, Retail Sales
4) By End-User: Oil And Gas, Fire Services, Petrochemical And Chemical, Industrial, Pharmaceuticals, Construction, Healthcare, Mining, Other End-Users
Top Major Players:
3M Company
Bullard Company
Honeywell International Inc.
DuPont de Nemours Inc.
Ansell Ltd
North America was the largest region in the respiratory protection equipment market in 2023.
Product innovation is the key trend gaining popularity in the respiratory protective equipment market. Major companies operating in the respiratory protective equipment market are developing innovative products to strengthen their position in the market. For instance, in May 2022, Honeywell International Inc., a US-based conglomerate corporation, launched two new NIOSH-certified respirators called the N95 respirator (DC365 Small Surgical N95 Respirator) and this innovative half-mask respirator (RU8500X series), which are intended to assist healthcare personnel in meeting their demands. The new filtered, reusable half-mask respirator is comfortable for healthcare personnel to use for hours at a time. The best-in-class personal protective equipment portfolio is expanded by these new product options, which also help to create an environment that is safer and better suited to safeguard human health. Additionally, a reusable respirator offers high-performance protection (99.9%) and source control to the wearer and others around them because of its filtered exhalation valve and a HEPA P100 filter.
The respiratory protection equipment market report table of contents includes:
1. Executive Summary
2. Respiratory Protection Equipment Market Characteristics
3. Respiratory Protection Equipment Market Trends And Strategies
4. Respiratory Protection Equipment Market – Macro Economic Scenario
5. Global Respiratory Protection Equipment Market Size and Growth
….
31. Global Respiratory Protection Equipment Market Competitive Benchmarking
32. Global Respiratory Protection Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Respiratory Protection Equipment Market
34. Respiratory Protection Equipment Market Future Outlook and Potential Analysis
35. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
