Honeywell International Inc., Dragerwerk AG & Co. KGa and 3M are Dominating the LATAM Healthcare PPE Market in 2020

Latin America Healthcare PPE Market is expected to grow with the CAGR of 8.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Latin America Healthcare PPE market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.   

The major players dealing in healthcare PPE are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In October 2020, KCWW announced that it has completed acquisition of Softex Indonesia. It is predicted that this acquisition anticipated to enhance the sales growth of the company in the coming years.

Honeywell Internnational Inc. is the dominating player in LATAM Healthcare PPE market. The other key players existing in the market includes Drägerwerk AG & Co. KGaA, DuPont, 3M, KCWW, Cardinal Health, Lakeland Inc, Moldex-Metric AG & Co. KG, MSA, Delta Plus Group, W.W. Grainger, Inc, AlphaProTech, PRIMED Medical Products, Inc., ANSELL LTD, Medline Industries, Inc, Bullard, Crosstex International, among others.

Latin America Healthcare PPE Market

Honeywell International Inc.

Honeywell International Inc. is headquartered is in North Carolina, U.S. and founded in 1906. The company is a technology and manufacturing company which operates through four segments: aerospace, home and building technologies, performance materials and technologies and safety and productivity solutions. The product categories of the company include Hospitals and Facilities, Pharmaceutical Packaging, Productivity and Scanners, Life Sciences, Medical Device Materials, Research Chemicals, Authentication Technologies, Personal Protective Equipment, Sensors for Medical Applications out of which Personal Protective Equipment is market focused category.       

  • In March 2020, Honeywell International Inc. had boosted the production of N95 masks in the U.S. The UVES safety glasses and respirators would be distributed to the U.S. Department of Health and Human Services. The manufacturing and supply of the respirators and UVEX safety glasses being increased would result in timely supply of the PPE on an emergent basis and increase the demand for raw material and supply.

The company has wide presence across Asia-Pacific, Europe, Middle East and Africa, Americas. . The company also has various subsidiary companies such as Honeywell Automation India Limited (India), Notifier (U.S.), Intermec (U.S.), UOP LLCSystem Sensor (U.S.) among others.

Dragerwerk AG & Co. KGa

Dragerwerk AG & Co. KGaA is headquartered in Lubeck, Germany and was founded in 1889. The company focuses on manufacturing breathing and protection equipment, gas detection and analysis systems and non-invasive patient monitoring technologies. The product categories of the company include Body Protection / Protective Clothing, Head Protection, Respiratory Protective Equipment, Masks and Filters, Safety Eyewear, Personal Protection Equipment out of which Personal Protection Equipment is market focused category.

  • In April 2021, Drägerwerk AG & Co. KGaA announced the acquisition of the majority share of Swiss medical technology start-up STIMIT. This acquisition has helped broaden its product portfolio and boosts the market growth.

The company has presence in Americas, Europe, Asia-Pacific, Middle East and Africa.

3M

3M is headquartered in Minnesota, U.S. and was founded in 1929. The company is engaged in product development, manufacturing and marketing in safety and industrial, transportation and electronics, health care and consumer. The product categories of the company include Orthodontics. Patient Monitoring, Personal Health Care, Personal Protective Equipment, Skin & Wound Care, Sterilization Monitoring and Surgical Solutions among others out of which Personal Protective Equipment is the market focused category.

  • In May 2017, 3M had showcased its product range at the American Industrial Hygiene Conference & Expo (AIHce EXP), booth #1511, in Seattle. By displaying its novel product portfolio, 3M had offered a series of presentations to highlight hearing and respiratory protection and the growing importance of digital record keeping and asset management. It resulted in global awareness about the safety equipment used in the market.

The company has global presence in Americas, Europe, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as 3M Japan Products Limited (Japan), 3M Korea High Tech Limited (South Korea), 3M West Europe B.V. (Netherlands), 3M Products Limited (U.K.) and 3M Thailand Limited (Thailand) among others.