Press Release
Press Release
North America accounts for a significant share of the medical mask industry owing to the robust healthcare in the region. As countries like the United States and Canada provide universal healthcare coverage, the demand for medical masks for medical procedures is surging, hence propelling the market growth. Moreover, the increasing surgical procedures in the region is also escalating the demand for medical masks, therefore driving the industry growth. As the prevalence of infectious outbreaks in hospitals is considerably surging, both healthcare professionals and patients are adopting medical masks to boost safety, which is significantly contributing to the growth of the industry. In addition, the development of innovative medical masks by leading companies in the region is expected to bolster the market growth in the forecast period.
Some of the leading companies in the market are GE Healthcare (NYSE: GE) and Medline Industries, LP. The latter announced in November 2020 that it would manufacture face masks in North America. The company modified its Lithia Springs, Ga manufacturing plant and announced its plans to launch its second production line in 2021 to manufacture about 36 million medical masks per month. The expansion was a part of a contract that the company was awarded by the United States Department of Defence to boost the domestic production of medical masks. It was also an important step for the company to increase the domestic manufacturing of medical masks to meet their growing demand in the United States and Canada. Such initiatives are increasing the availability of medical masks, which is significantly contributing to the growth of the market.
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The major players in the global medical mask market are GE Healthcare, Smiths Group Plc, Thermo Fisher Scientific, Honeywell International Inc, and Medline Industries, LP, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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