Healthcare Personal Protective Equipment Market Size, Share & AnalysisPosted by Ryan Shaw on March 23rd, 2021 The global Healthcare Personal Protective Equipment Market size is anticipated to reach USD 21.42 billion by 2028 registering a CAGR of 11.1% over the forecast period, according to a new report by Grand View Research, Inc. The high prevalence of Covid-19, especially in North America and Europe, is expected to drive the product demand throughout 2021. Increased product demand due to the global pandemic ultimately strained the supply chain, thereby creating a shortage in the market. However, with the manufacturers increasing their production capacities and several industry participants pivoting their production from their usual products to personal protective equipment (PPE), the supply chain has improved over the past few months. Organizations, such as the European Commission (EC) and the U.S. FDA, are collaborating with manufacturers and other industry players to increase production. For instance, in March 2020, the European Committee for Standardization (CEN) and the EC agreed to make relevant standards freely and fully available to increase PPE production in Europe. The long-term impact of the pandemic on the market involves strategic stockpiling of critical PPE supplies, significant growth in the manufacturing capacities of various participants, industrial PPE manufacturing serving the healthcare industry, and a rise in the number of mergers & acquisitions as well as new entrants. Related Press Release @ Healthcare Personal Protective Equipment Market Report Healthcare Personal Protective Equipment Market Report Highlights
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