The respiratory protection equipment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Respiratory Protection Equipment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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.
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Scope Of Respiratory Protection Equipment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Respiratory Protection Equipment Market Overview
Market Drivers –
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.
Market Trends –
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 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
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Regional Insights –
North America was the largest region in the respiratory protection equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global respiratory protection equipment market report during the forecast period. The regions covered in the respiratory protection equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the respiratory protection equipment market report are 3M Company, Bullard Company, Honeywell International Inc., DuPont de Nemours Inc., Ansell Ltd., Delta Plus Group, Intech Safety Pvt Ltd., MSA Safety Incorporated, ILC Dover LP, Avon Protection plc, Kimberly-Clark Worldwide Inc., Uvex Group, Gentex Corporation, Moldex-Metric INC., Dragerwerk AG And Co. KGaA, Cam Lock Ltd., Binary Lab, Scandia Gear Europe B.V., Imbema Cleton BV, Alpha ProTech Engineered Products Inc., Jayco Safety Products Pvt. Ltd., Johnson Controls International plc, Lakeland Industries Inc., Venus Safety & Health Pvt. Ltd., North Safety Co.Ltd., Ocenco Inc., Polison Corporation, Prestige Ameritech company, RPB Safety LLC, Scott Safety, Shigematsu Works Co. Ltd., Sundström Safety AB, The Gerson Company, The Safety Zone LLC
Table of Contents
1. Executive Summary
2. Respiratory Protection Equipment Market Report Structure
3. Respiratory Protection Equipment Market Trends And Strategies
4. Respiratory Protection Equipment Market – Macro Economic Scenario
5. Respiratory Protection Equipment Market Size And Growth
…..
27. Respiratory Protection Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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