Medical and Surgical Equipment Market in Saudi Arabia

Category: Finance

The emergence of a new Industry – PPE kits The COVID-19 pandemic has played a huge role in increasing the insistence of PPE kits globally. The PPE kits market is estimated to be valued at over US$60 billion in 2020 and is expected to register a CAGR of over 8% from 2020 to 2027. The product segment is fragmented into hand protection, head protection, protective clothing, face and eye protection, fall protection, and others. The hand protection segment currently holds the largest PPE kits market share. With the rising spread of COVID-19 pandemic, hand protection has become extremely important, especially for healthcare professionals who are frequently exposed to infected people, thereby increasing the demand for producing equipment for protecting hands. With the rise in the number of cases, the PPE kits industry sprung up in India, which now produces more than 450,000 Personal Protective Equipment (PPE) suits daily, and over 600 companies have been certified to manufacture PPE kits in the country. This makes India the second-largest producer of PPE kits in the world with market size of nearly US$1 billion.