The protective clothing market for life sciences industry was valued at USD 2.49 billion in 2017 and is expected to reach USD 3.62 billion by the end of 2023, registering a CAGR of 6.45% during the forecast year (2018 - 2023). The scope of the report is limited to the type, application, and products. The regions considered in the scope of the report include - North America, Europe, Asia-Pacific, and Rest of the World.
The life sciences industry can be broadly classified into three segments - pharmaceutical, biotechnology, and medical technology (devices and diagnostics). The growth of life sciences industry is relative to the proposed expenditure in healthcare and innovation. And now-a-days, almost all the economies, specially developing economies are increasing their spending on healthcare and innovation.
Though North America accounted for the highest market share, yet Asia-Pacific is emerging as the fastest growing market, driven by establishments of local innovation centers.
Strict Regulatory Standards Pertaining to Safety of the Personnel
Protective clothing is often seen as a last line of defense for providing safety to workers from the environment. In the life sciences industry, where safety and isolation from external environment is considered to be a pre-requisite, the use of protective clothing has become mandatory. Several organizations have been involved in framing guidelines for the use of protective clothing equipment within life sciences industry. The Occupational Safety and Health Administration (OSHA) have been at the forefront of publishing standards for ensuring continual improvement of health and safety at workplaces. Other organizations, such as APIC (Association for Professionals in Infection Control and Epidemiology) and AAMI (Association for Advancement of Medical Instrumentation) offer widely accepted classification systems for use of protective apparel based on the surroundings. These standards offer guidelines stipulating the use of protective clothing in health and R&D centers.
Regulatory standards promoting the use of protective clothing are one of the key drivers for growth of protective clothing for life sciences industry.
In 2016, North America held 34% of the market share followed by Asia-Pacific and Europe. Among the countries of North America, United States occupies the major share of the market with a share of more than 85% in 2016, while Canada is expected to be the fastest growing market in this region over the next five years.
Increasing number of chronic diseases in the country, increasing M&A activity and a huge life sciences sector are making this region the major market for protective clothing
Life sciences companies in the United States are increasingly seeking for right scale in today’s global competitive environment. Some companies are focusing on pure play in one segment while others are building out their capabilities by acquiring large portfolio of businesses across a wide range of areas.
Key Developments in the Market
- Oct 2017 - 3M acquired Scott Safety from Johnson Controls. Scott Safety is a premier manufacturer of innovative products, including self-contained breathing apparatus (SCBA) systems, gas and flame detection instruments, and other safety devices that complement 3M’s personal safety portfolio
- June 2017 - Kimberly-Clark Professional Launched High-Capacity Scott Brand Towel Dispenser for Small Spaces. The system delivers three times more towels per unit than folded systems, making it ideal for healthcare facilities, office buildings and anywhere that space is at a premium
The major players include - E. I. Dupont De Nemours and Company, Kimberly Clark Corporation, Ansell Limited, 3M Company, Honeywell International Inc. and Lakeland Industries, Inc., among others.
Reasons to Purchase this Report
- Current and future protective clothing market for life sciences outlook in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- The segment that is expected to dominate the market.
- Regions that are expected to witness fastest growth during the forecast period.
- Latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in excel)
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1.1 Scope of the Study
1.2 Executive Summary
2. Research Approach and Methodology
2.1 Key Deliverables of the Study
2.2 Study Assumptions
2.3 Analysis Methodology
2.4 Research Phases
3. Market Insights
3.1 Market Overview
3.2 Industry Attractiveness – Porter's Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitutes
3.2.5 Intensity of Competitive Rivalry
3.3 Industry Value Chain Analysis
4. Market Dynamics
4.1 Market Drivers
4.1.1 Strict Regulatory Standards Pertaining to Safety of the Personnel
4.1.2 Growth in Biotechnology and Healthcare Spending
4.2 Market Restraints
4.2.1 Increased Demand for Outsorcing and Automation in Pharmaceutical Manufacturing
5. Global Protective Clothing Market for Life Sciences Segmentation
5.1 By Application
5.1.1 Cleanroom Clothing
188.8.131.52 Medical Device
184.108.40.206 Medical Diagnostics
5.1.2 Radiation Protection
5.1.3 Bacterial/Viral Protection
5.1.4 Chemical Protection
5.2 By Type
5.3 By Products
5.3.4 facemasks & Hats
5.3.5 Protective Eyewear % Cleanroom Goggles
5.3.6 Footwear & Overshoes
5.4 By Region
5.4.1 North America
220.127.116.11 Rest of the Europe
18.104.22.168 Rest of the Asia-Pacific
5.4.4 Rest of the World
22.214.171.124 South Africa
126.96.36.199 Saudi Arabia
6. Competitive Intelligence – Company Profiles
6.1 E. I. Dupont De Nemours and Company
6.2 Kimberly Clark Corporation
6.3 Ansell Limited
6.4 3M Company
6.5 Honeywell International Inc.
6.6 Lakeland Industries, Inc
6.7 Irudek Group
6.8 Berkshire Corporation
6.9 Kappler, Inc
6.10 Tronex International Inc.
*List is not Exhaustive
7. Investment Analysis
8. Future Outlook of Protective Clothing Market for Life Sciences