Covid-19 impact Analysis Report: Impact on PPE

COVID-19 Pandemic Impact on Global Smart Personal Protective Equipment (PPE) Market 2020-2024 The outbreak of COVID-19 is having a huge impact on the healthcare industry majorly the PPE (Personal Protective Equipment). PPE includes gloves, mask, gown, goggles, N95 respirators, and hand sanitizer. Currently, it is the only preventive measure for the healthcare professional to prevent themselves from the spread of corona virus.

Many countries are involved in manufacturing of PPE products. Among which, China is the largest producer. According to the UNICEF, China produces approximately 50% of global surgical masks. Other countries include Taiwan which produces around 20% of global supply of face masks alone followed by India, Mexico, U.S., Japan, Malaysia, Korea, European countries, and others.

The smart personal protective equipment (PPE) market is expected to register a CAGR of almost 11% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

Due to the extensive spread of the virus across the globe, the Consumer Discretionary Industry is anticipated to have Negative impact. The smart personal protective equipment (PPE) market will showcase Negative impact during 2020-2024.

Covid-19 scenario: • The Covid-19 outbreak across the globe has created an significant demand for healthcare PPE products such as gloves, face masks, gowns, coveralls, face shields, and goggles.

• Healthcare PPE products in North America and Europe have been outsourced to Asian countries such as China and Malaysia. During the initial stage of coronavirus outbreak, there was a huge demand in China. However, the lockdown resulted in the disruption of supply chain in the country.

• The respiratory protection segment is likely to grow during the COVID-19 pandemic outbreak due to surge in demand for N95 and surgical masks to prevent infection.

Get more insights about the global trends impacting the future of smart personal protective equipment (PPE) market, Request Free Sample @ https://www.databridgemarketresearch.com/covid-19-resources/covid-19-impact-on-ppein-the-healthcare-industry The global healthcare personal protective equipment market is witnessing the advent of various smart PPE technologies. The technology is already used by professionals in mining, oil and gas,

manufacturing, and transportation industries. It is now venturing into the healthcare domain offering endless possibilities.

Smart Personal Protective Equipment (PPE) Market 2020-2024: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The smart personal protective equipment (PPE) market report covers the following areas:   

Smart Personal Protective Equipment (PPE) Market Size Smart Personal Protective Equipment (PPE) Market Trends Smart Personal Protective Equipment (PPE) Market Industry Analysis Due to COVID-19, there is a slowdown in demand and production for various medical products because of the focus on emergency and critical medical supplies. Products experiencing high demand are alcohol prep pads, blood infusion sets, face shields, gloves, IV solutions, IV extension sets, protective eyewear, respiratory equipment, and thermometers etc. Products with high demand and shortages are face masks, hand sanitizers, isolation gowns, jacket and lab coats, shoe covers, and surface disinfectant wipes.

There has been a major impact on global logistics due to reduced transportation and availability of workforce. The key issues and challenges in the electronic manufacturing industry faced by both OEMS and EMS players are reduction in inventory or buffer capacity, increased lead times, delay in PO deliveries, supplier allocation issues and reduction in the number of manufacturing lines. Other challenges include parts' shortages with a 75 percent impact, transportation disruptions/lockdowns for 70 percent, reduced workforce for 55 percent and underutilized facilities for 33 percent.

The research methodology adopted for the report included:   

Experts with twenty years of domain experience Interaction with buyers Inputs from supply chain partners

Personal Protective Equipment (PPE) Market 2020-2024 : Key Highlights     

CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will assist personal protective equipment (PPE) market growth during the next five years Estimation of the personal protective equipment (PPE) market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the personal protective equipment (PPE) market

Analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of personal protective equipment (PPE) market vendors

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The following are the measures taken to optimize the availability of ppe: 

Minimize the need for PPE

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Use of telemedicine

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Use physical barriers to reduce exposure

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Restriction of healthcare workers in COVID-19 patient’s room who are not involved in direct care.

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Appropriate and rational use of PPE