Australia New Zealand Surgical Respirator Masks Market
Surgical and Respirator Mask Market in Australia and New Zealand to Grow Exponentially, Buoyed by High Demand During COVID-19 Pandemic
The surgical and respirator mask market in Australia and New Zealand, expected to value US$ 167.7 Mn by the end of 2021 is projected it grow with the rise in the prevalence of infectious diseases along with the increase in the rate of surgical procedures.
The growth in the governments’ concern regarding the health of the population is expected to boost the market in these regions. The pouring-in investments by foreign players in the market of Australia and New Zealand are projected to create new revenue prospects for the manufacturers.
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Key players profiled in this report on the surgical and respirator mask market in Australia and New Zealand include:
- 3M Company.
- Smith & Nephew Plc.
- MölnlyckeHealthcare Inc.
- Medline Industries, Inc.
- Halyard Healthcare Inc.
- Ansell Healthcare LLC.
These key market players have been profiled on the basis of various attributes, such as company overview, recent developments, growth strategies, sustainability and financial overview.
Effect of Covid-19
The COVID-19 pandemic has turned out to be a boon for the market as the demand for masks has increased exponentially. The market size is estimated to grow manifold during this pandemic. Public, as well as the private hospitals, are expected to contribute significant revenue in the coming years.
The competition is expected to grow intense with new entrants in the market during the COVID-19 pandemic. Major companies are collaborating with other players to enhance their market presence.
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Also, the companies have increased their production and manufacturing capacity to satiate the accelerating demand, creating new ways to boost their revenue. Prominent players profiled in the global market are Medline Industries, Inc., 3M Company., Ansell Healthcare LLC, and Smith & Nephew Plc.
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An increase in the prevalence of diseases that spread through contact, droplets, or air is driving the demand for surgical respiratory masks. They are highly demanded in the medical sector across the globe as medical devices that are used to cover the nose and mouth to protect the patients and health care providers from the contagion of such diseases.
Multiple factors including a rise in the number of surgical procedures, product innovations, and growth in concern regarding health and hygiene are expanding the Australia and New Zealand's market for surgical respirator masks. The Australian market which was valued to be US$103.9 Mn is projected to grow at a healthy rate in the coming decade.
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The market for respiratory masks can be segmented based on end-use into day surgery centers, general physicians, life science professionals, independent dental surgeons, hospitals, and veterinary surgeons.
Amongst all the above, hospitals are projected to generate a huge chunk of revenue in the market. Many types of masks are available in the market including basic surgical mask, fluid/splash resistant mask, and anti-fog foam mask, where splash resistant masks hold major market share. Surgical and respirator masks can be defined as medical devices that are used to cover mouth, nose and chin, in order to protect the health care professionals and patients against droplets, including large respirator particles. Surgical and respirator masks are mainly used in hospitals and day surgery centers by physicians, independent dental surgeons, veterinary surgeons and life science professionals.
An increasing number of surgical procedures, rising health and hygiene concerns, and product innovation are the major factors that have led to a rise in demand for surgical and respirator masks, thereby driving the growth of the surgical and respirator masks market.
Numerical Facts and Figures
The surgical and respirator mask market in Australia and New Zealand is anticipated to grow from US$ 134.9 Mn in 2014 to US$ 167.7 Mn by 2021, expanding at a CAGR of 3.3% during the forecast period. An increasing number of surgical procedures and rising health and hygiene concerns are the factors that are expected to positively affect the surgical and respirator mask market in both countries.
In 2014, the surgical and respirator mask market in Australia was valued at US$ 103.9 million and is expected to reach US$ 106.2 million at the end of 2015. In addition, the surgical and respirator mask market in New Zealand was valued at US$ 30.9 million in 2014 and is expected to reach up to US$ 38.2 million by 2021.