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Innovative Products and Niche Applications Are Essential to Increase Market Share Says Frost & Sullivan - In the North American respiratory protective equipment market, regulations and standards have held great sway over developments
Innovative Products and Niche Applications Are Essential to Increase Market Share Says Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2009/03/02 - In the North American respiratory protective equipment market, regulations and standards have held great sway over developments.

   
 
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In order to survive in this highly competitive and mature space, a great deal of specialization is needed. Manufacturers also must sharpen their skills to address the evolving demand from customers for high-end, innovative, and task-specific products. Niche applications will remain the best options for those participants focused on differentiation to ensure better business outcomes.

The market witnessed a growth surge after major world events, like 9/11, the severe acute respiratory syndrome (SARS) epidemic, and the Iraq war; however, growth levels have recently plateaued. The pace of development expects to be moderate, with the bulk of revenue stemming from the replacement of existing equipment, new purchases that comply with regulations, and replacement cartridges.

New analysis from Frost & Sullivan (chemicals.frost.com), North American Respiratory Protective Equipment Market, finds that the market earned revenues of over $18.30 billion in 2007 and estimates this to reach $19.59 billion in 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the North American respiratory protective equipment market, then send an email to Johanna Haynes, Corporate Communications, at johanna.haynes[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

"As product requirements are in a continuous state of flux, there is a pressing need for an upgrade of standards to achieve the necessary degree of relevance to today's scenario," says Frost & Sullivan Research Analyst Marina Rosemberg. "The National Institute for Occupational Safety and Health-Chemical. Biological, Radiological, and Nuclear (NIOSH-CBRN) standard for powered air purifying respirators (PAPRs) has been formulated based on the intense responses to the acts of terrorism and other natural disasters."

However, with ratified bodies constantly updating regulations and standards, companies are pressured to conform and deliver up-to-date versions of respirators. The rollout of each new model requires the approval of the NIOSH. Certification itself remains a long-drawn and expensive process. As a result, the level of adaptability determines the factor for success in the market, and only those participants that can quickly acclimate to the changing environment can hope to increase their market footprint. There are more than 30 active participants in the market and the degree of competition remains high.

"Manufacturers that focus on specific end users and develop new products, or improve existing ones in order to satisfy requirements, may be able to derive the cutting edge," explains Rosemberg. "Technological add-ons and improvements in comfort as well as price are key factors for companies to take into account."

Nearly 95 percent of sales in the respiratory equipment market are generated through the distribution network, making distribution channels and sales forces the lifeline for companies. Therefore, it is imperative to streamline distribution strategies to enable better access to end users, since immediate availability is a key deciding factor for customers purchasing a respirator.

The market witnesses a distinct gravitation toward products that integrate electronic devices and monitoring systems. Further, more preference exists for products that convert from one respiratory type to another, and the trend toward convertibility is seen across all segments. Overall, participants that can offer the highest level of protection comfort and easy-to-use features at the lowest price will expand market share.

North American Respiratory Protective Equipment Market is part of the Chemicals and Materials Growth Partnership Service program, which also includes research in the following markets: gas detection monitors markets, Chinese personal protective equipment markets, Western European market for firefighter personal protective equipment, European markets for protective gloves, Western European market for protective footwear, Western European market for protective clothing, European market for respiratory protective equipment. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

North American Respiratory Protective Equipment Market / N2E7

 
 
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Innovative Products and Niche Applications Are Essential to Increase Market Share Says Frost & Sullivan

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