Driven by COVID-19 Demand, PPE Market to Hit $9B by 2027

HealthLeaders Media April 20, 2020
Jack O'Brien

Respiratory protective equipment represented almost 11% of global revenue last year, according to a recent report.

The global personal protective equipment (PPE) market is expected to reach nearly $9 billion by 2027, according to a report released Monday morning.

Grand View Research, a San Francisco-based research and consulting company, projects the market will display a compound annual growth rate of 8.5% during the forecast period, driven by the rise in demand for PPE to protect healthcare workers treat patients infected with coronavirus disease 2019 (COVID-19).

The report also indicated that the increased adoption of gloves as a result of the outbreak will lead to disposable gloves experiencing demand growth of 8.6% by 2027. Additionally, respiratory PPE represented almost 11% of...

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