Medical headgear sales have not been significantly impacted by the COVID-19 pandemic, which has only resulted in some stress on the supply chain.
REPORT ATTRIBUTE | DETAILS |
---|---|
Medical Headgears Market by Volume |
Yes |
Market by Value |
Yes |
Market, Tornado Analysis |
Yes |
Market, STAR Analysis |
Yes |
Market, SRC Analysis |
Yes |
Market, Import-Export Data |
Yes (On Demand) |
Market Pricing Analysis |
Yes (On Demand) |
Market Segment Analysis |
By Product Type (Without LED and With LED) By End-User (Hospitals, Ambulatory Surgical Centers, and Academic & Research Institutes) |
Market, Regional Analysis |
North America (US and Canada) Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe) Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific) Latin America (Brazil, Mexico, and the Rest of Latin America) Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa) |
Market Key Companies |
Zimmer Biomet, Stryker, Ecolab, THI Total Healthcare Innovation GmbH, Kaiser Technology Co. Ltd, and Beijing Zhongke Shengkang Technology Co. Ltd |
Market Competitive Landscape |
Market Share Analysis Competitive Benchmarking Key Players Market Positioning Geographical Presence Analysis Major Strategies Adopted |
North America region held the top spot in the global medical headgear market in 2022 due to increased product launches and approvals, an influx of significant regional players, and a well-established healthcare system. The increase in orthopedic surgeries and growing safety concerns among medical professionals are two major factors propelling the growth of the medical headgear market in the region. Moreover, the strong presence of companies like Stryker, Cardinal Health, and 3M, as well as their innovative product launches, are expected to positively impact regional medical headgear market demand over the forecast period.
North America now dominates the medical headgear market, with the United States accounting for the largest revenue share. The region's dominance is primarily due to adequate and favorable reimbursement policies, a well-developed healthcare infrastructure, widespread adoption of cutting-edge medical technologies, and key regional players. This is further enhanced by the rising incidence and frequency of long-term conditions in the country and the rising number of patients receiving diagnosis and treatment there. The increased use of medical headgear by healthcare professionals employed in ambulatory surgical centers, hospitals, and academic & research institutions is one of the key factors influencing demand in the US market.
The medical device sector is particularly diverse and overlapping with other sectors of health care and manufacturing, as it encompasses a wide range of devices and equipment intended for patient diagnosis and treatment, surgical intervention, therapy, and monitoring. Treating patients with these diseases and the increasing prevalence of chronic illnesses are placing enormous strain on the healthcare systems worldwide. As a result, the cost of treating these diseases has increased significantly globally. The expenditures of treating a patient in an inpatient and outpatient setting are substantially higher, and longer hospitalizations carry a higher economic burden.
Major players in the global medical headgear market are concentrating on innovation and product customization through robust research and development activities to maintain and boost their market presence both regionally and globally. Key players in the medical headgear industry commonly employ investment and agreement strategies. For example, in February 2022, Medline announced that it would expand its prime vendor agreements to include more than 230 additional healthcare organizations and systems, resulting in an annual increase in sales of medical solutions and supplies totaling almost USD 2 billion across the continuum of care.
Key players in the medical headgear market are focusing on increasing their market presence through new design changes and technological advancements. For instance, THI has a surgical helmet system patented under ViVi that has been modified to include two fan systems to filter out waste air and guarantee proper ventilation during operations. Modifications to medical headgear are based on factors like ergonomics, product durability, whether the product is reusable or disposable, and the use of lightweight materials in the manufacturing process.
The rising number of inpatient admissions and the increasing number of surgical and diagnostic procedures drive demand for medical devices and headgear, including capital equipment and consumables, in both developed and emerging markets. Increased R&D investments from market leaders augment this to develop technologically advanced devices to meet the growing demand for innovative equipment. For instance, Stryker increased its estimated R&D investment to USD 1.23 billion in 2021 from USD 0.98 billion in 2020. Medtronic, another significant producer of medical devices, reported investing 2.49 billion USD in research & development activities in 2021 compared to 2.33 billion USD in 2020.
Some major players in the medical headgear market are Zimmer Biomet, Stryker, Ecolab, THI Total Healthcare Innovation GmbH, Kaiser Technology Co. Ltd, and Beijing Zhongke Shengkang Technology Co. Ltd.
The growing number of orthopedic surgeries, such as total surgical intervention, and their increasing acceptance are creating new opportunities for the surgical headgear market. These systems are required to protect surgeons from infections acquired in hospitals or from patients. Moreover, rising awareness of the importance of healthcare workers' safety and the comfort surgeons require during surgical treatment has expanded the medical headgear market.
The unavailability and lack of awareness of these products in underdeveloped nations constrain market expansion. The growth of the medical headgear market is anticipated to be constrained by its high price and a few potential risks.
The hospital segment dominated the medical headgear market share in 2022 due to the rising number of community and multispecialty hospitals, particularly in developing nations. Thus, these factors, as well as the increasing focus of advanced healthcare agencies and the government on routine diagnosis and timely treatment of patients, have raised awareness among the general population, propelling global market demand over the projection period. Surgical helmet systems are most commonly used in hospitals around the world. This results from an increase in hospitals and a rise in government spending on building healthcare infrastructure. Surgical headgear is essential to hospital hygiene and infection prevention during surgeries.
The European regional market is anticipated to grow faster in the global medical headgear market in the forecast period, owing to rising healthcare expenditure, well-established infrastructural facilities, and increased adoption of advanced diagnostic and surgical devices. The development of the medical headgear market is anticipated to be fueled by a strong focus on a shift in medical care toward home care settings and the emergence of portable surgical supplies by top domestic and international players in the region. The leading regional market players concentrate on tactics like partnerships, product launches, new product development, and acquisitions to enhance their market positions.
There are considerable and specific sections of the medical headgear market, with key players and governmental agencies playing an important role in developing regulations and standards. Increased investment in research and development by medical technology companies and favorable scenarios presented by regulatory agencies for approval are expected to expand the medical devices industry during the forecast period. For instance, 213 devices received breakthrough designations from the U.S. FDA's Center for Devices & Radiological Health in 2021, compared to about 130 in 2019.
The global medical headgear market is anticipated to grow at a substantial CAGR of 3.4% in the upcoming years. The global Medical Headgears industry was estimated to be worth USD 51.1 million in 2022 and was expected to be worth USD 64.57 million by 2028.
Medical helmets are also frequently used as protective helmets to shield patients who suffer from epilepsy or seizures from unexpected drops or falls that could result in a head injury. Hard-shell and soft-shell medical helmets are widely available across the globe. Technological advancements in orthotic and prosthetics services, such as customized molded helmets made with computerized 3D scanning technology, are expected to drive the medical headgear market over the upcoming years. Leading manufacturers in the industry have entered emerging countries to fuel brand growth, capitalize on the largely untapped potential, and leverage the opportunity to strengthen their position in the medical headgear market.
Global Medical Headgears Market – By Product Type
Global Medical Headgears Market – By End-User
Global Medical Headgears Market – By Region
Medical headgear sales have not been significantly impacted by the COVID-19 pandemic, which has only resulted in some stress on the supply chain.
In 2022, North America held the largest revenue share of the global medical headgear market.
The rise in orthopedic surgeries and growing safety concerns among healthcare professionals worldwide are major factors driving the expansion of the medical headgear market.
The LED segment had a major share in the global market in 2022.
In 2022, the hospital’s segment held a major global market revenue share.
Report Attribute | Details |
---|---|
Market Value in 2021 | USD 51.1 million |
Market Value in 2028 | USD 64.57 million |
CAGR | 3.4% |
Benchmarking Year | 2021 |
Past data | 2016 – 2021 |
Forecast period | 2022 – 2028 |