PUNE, India, October 24, 2017 /PRNewswire/ --
The report "Respiratory Protection Equipment Market by Product Type (Air-purifying Respirators, Supplied Air Respirators), End-use Industry (Healthcare & pharmaceuticals, Defense & Public Safety Services, Oil & Gas, Manufacturing, Mining) - Global Forecast to 2022" published by MarketsandMarkets™, the market is estimated at USD 5.25 Billion in 2017 and is projected to reach USD 7.28 Billion by 2022, at a CAGR of 6.8% between 2017 and 2022. Adoption of stringent regulatory framework along with the rising awareness about workplace safety is expected to drive the growth of the Respiratory Protection Equipment Market during the forecast period.
Browse 105 Market Data Tables and 57 Figures spread through 175 Pages and in-depth TOC on "Respiratory Protection Equipment Market"
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The air-purifying respirators segment is projected to grow at the highest CAGR during the forecast period
By product type, the air-purifying respirators segment of the Respiratory Protection Equipment Market is projected to grow at the highest CAGR during the forecast period. This high growth of this segment can be attributed to the high consumption of disposable air-purifying respirators in the healthcare & pharmaceuticals industry. Air-purifying respirators are used to provide protection against particulates, such as nuisance dust, fumes, mists, toxic dust, radon daughters, asbestos-containing dust or fibers, or any combination of these substances; vapors; and harmful gases.
By end-use industry, the healthcare & pharmaceuticals segment is projected to grow at the highest CAGR during the forecast period
Healthcare professionals and workers are exposed to several types of blood or body fluid contamination and chemicals. Some of the major hazards include biological hazards, respiratory hazards, laser hazards, and exposure to drugs, bloodborne pathogens, and waste anesthetic gas, among others. The respiratory protection equipment is used in the healthcare sector to protect doctors and patients from contaminants and diseases. Global healthcare expenditures are rising owing to the increasing health awareness and income level. The growing healthcare industry is expected to influence the growth of the Respiratory Protection Equipment Market.
The Asia Pacific Respiratory Protection Equipment Market is projected to grow at the highest CAGR from 2017 to 2022
By region, the Asia Pacific Respiratory Protection Equipment Market is expected to witness the highest CAGR during the forecast period. Growing awareness about workplace safety and increased spending on healthcare in Asia Pacific make the region an attractive market for manufacturers of respiratory protection equipment. The North American and European markets are mature and are expected to witness moderate growth rates.
Some of the key players in the Respiratory Protection Equipment Market include Honeywell International (US), 3M (US), Kimberly-Clark (US), Avon Protection Systems (US), MSA Safety (US), Alpha Pro Tech (Canada), Bullard (US), Dragerwerk (Germany), Gentex (US), and Jayco Safety Products (India).
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