Medical Protective Goggles Market is anticipated to grow at a CAGR of ~5.5% from 2020 to 2030.
Market Industry Reports (MIR) has published a new report titled “Medical Protective Goggles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030.” According to the report, the Global Medical Protective Goggles Market is anticipated to grow at a CAGR of ~5.5% from 2020 to 2030.
The market growth can be attributed to several factors, which has led to its wide-scale adoption. Rising awareness about the importance of safety of employees and strict regulations mandated by government are some of the pivotal factors driving the global medical protective goggles market. However, stagnant production and supplies of protective goggles owing to COVID-19 lockdown is likely to restrain the market growth to a certain extent.
Protective equipment’s are considered extremely important for safety of healthcare personnel as it protects them from hospitalized infected people. Recent outbreak ofCOVID-19 across the globe has heightened the demand of this equipment’s. Government bodies across the globe are adopting several initiatives/strategies to fast-track the development of such protective equipment’s by providing necessary grants, permissions, clearances& approvals in order to meet the needs of healthcare community. For instance, in March 2020, Health Ministry of India ordered over 10 domestic manufacturers to produce Personal Protective Equipment (PPE) to safeguard the health of medical professionals treating COVID-19 patients. Components of PPE are goggles, face-shield, mask, gloves, coverall/gowns (with or without aprons), head cover and shoe cover.
Stringent government regulations in different countries regarding the safety of doctors, patients, and other workers in hospitals & premises coupled with huge penalties for non-compliance with standards has boosted the adoption of PPE which in turn is expected to boost the medical protective goggles market.
Browse key industry insights spread across 160 pages with market data tables & figures & charts from the report, Medical Protective Goggles Market by Type (Prescription and Non-Prescription), End User (Hospitals and Clinics)-Analysis & Forecast 2020-2030. in detail along with the table of contents:https://www.marketindustryreports.com/medical-protective-goggles-market/313
Furthermore, rise in the number of COVID-19 cases majorly in China, Italy, France, Germany, and U.S. has led to shortage of protective kits. As COVID-19 mainly spreads by touching contaminated surface and then touching eyes, nose or mouth before washing hands. This shortage of protective kit has left the doctors, nurses and other frontline workers dangerously ill-equipped against COVID-19. Therefore, taking into account safety measures of healthcare personnel, there has been high demand for medical protective goggles from all over the world, which is likely to boost the market.
However, complete lockdown across the world in order to stop further transmission of COVID-19 has resulted in extended closure of factories and transportation which in turn has adversely impacted the production & supplies of protective goggles. This precarious scenario is likely to restrain the market growth to a certain extent.
Asia Pacific is anticipated to be the fastest growing segment in the medical protective goggles market. China is expected to provide significant growth opportunities in the APAC region in the forecast period, owing to the fact that about 40-45% of world imports of PPE (face shields, protective garments, mouth-nose-protection equipment, gloves, and goggles) is provided by China.
Some of the prominent players operating in the medical protective goggles market are Phillips-safety, Honeywell International Inc., 3M, Univet, Bollé Safety, Sellstrom, Radians, Inc. Radians PPE, Protective Industrial Products, MCR Safety, Gateway Safety, Inc., among others.
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