Healthcare Finance News June 15, 2020
Jeff Lagasse

The COVID-19 pandemic has increased demand, and North America is projected to continue its global market dominance.

Personal protective equipment in healthcare has been in high demand due to the COVID-19 pandemic, and this demand is reflected in its market outlook. The PPE industry is likely to generate close to triple its 2019 revenue by 2027.

A new report from Allied Market Research estimates that the PPE market will reach $33.4 billion globally by 2027, up from just $12.9 billion in 2019, at a compound annual growth rate (CAGR) of 12.4%.

Based on end-user, the hospital segment accounted for the largest share in 2019, holding more than two-fifths of the global healthcare PPE market share, and is expected to...

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Topics: Govt Agencies, Healthcare System, Market Research, Medical Devices, Provider, Public Health / COVID, Supply Chain, Technology, Trends
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