How To Learn North America N95 Masks Market

The North America N95 Masks market was valued at USD 360.0 million in 2021 and is estimated to reach USD YY million by 2029, at a CAGR of 14.1% during the forecast period (2022-2029).

The North American segment is estimated to account for a share of approximately 34.0% of the N95 Masks market by 2020 and is anticipated to grow to 35.2% by 2029.

The North American region holds a significant market share for the N95 mask market globally and is expected to continue its dominance in the forecast period with increasing demand from health care workers, hospitals, and the local public due to the COVID outbreak. 

The rapid spread of COVID-19 in the region, especially in the U.S. and Mexico, has augmented the demand for N95 masks substantially. In addition, post the COVID-19 pandemic, government authorities are expected to significantly invest in healthcare infrastructure, which is expected to have a positive impact on market growth.

The USA has the second most number of mask production firms in the world. However, due to pandemics, they are falling short by long distance trying to meet the demands. They have only 1% of the required masks required to combat the outbreak.

The United States government is planning to buy 500 million masks for the nation's stockpile. Prestige Ameritech largest US surgical mask manufacturer said to have received a request to supply 1.5 billion masks.

The N95 mask is considered the safest type of mask with the approval of various regulatory authorities including the National Institute for Occupational Safety and Health (NIOSH), which has emerged as the main factor for market growth in the healthcare field.

In the US, the Centers for Disease Control and Prevention (CDC) has recommended the public not buy the N95 masks to limit their supply to medical personnel. Instead, it has asked the consumers to stay at home and avoid being exposed to viruses. But the public is paying no heed to this as the fear has taken over them and the demand for N95 masks has risen to an all-time high.

3M factories in Nebraska and South Dakota are producing 35 million N95 masks a month and 90% of them are dedicated to healthcare workers. Honeywell is seeking a $5 billion term loan to ramp up the N95 mask production.

The market is also driven by government approvals for N95 masks. For instance, U.S. National Institute for Occupational Safety and Health has certified NIOSH-42CFR84, the FFP2 masks are certified by the European Union conforming to and the KN95 meets the Chinese National Medical Products Administration (NMPA) standard.

According to one of the largest medical suppliers in the U.S., Premier estimated the use of N95s had increased 500 percent since July 2020, and more than 14,000 % increase in N95 mask spending as compared to March 2019. 

The N95 mask is considered the safest type of mask with the approval of various regulatory authorities including the National Institute for Occupational Safety and Health (NIOSH), which has emerged as the main factor for market growth in the healthcare field.

The government is advising citizens to use homemade or purchased fabric masks, preferably of cotton, to stay safe. The US Centers for Disease Control and Prevention recommended in April that people wear cloth face coverings in public places. This guidance is a shift from the center’s previous position that healthy people only needed to wear masks when caring for someone who is sick. This factor will hamper the market growth in the region.

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