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Medical Mattress Market report also puts forward the current and future market scenario derived after a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. PEST analysis for each region is incorporated as well.
The Medical Mattress Market insights also cover the production, value, market share, and growth rate of these top manufacturers and investigate the competitive landscapes for a better understanding of the market scenario. The report is intended to help the readers develop a practical and intelligent approach to market dynamics and exploit opportunities accordingly.
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The medical mattress market was valued at US$ 6,470.3 million in 2021 and is projected to reach US$ 10,236.7 million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.
Medical mattresses, also known as orthopedic mattresses, are hard and firm mattresses, which give the proper support to an individual’s body. The medical mattresses include innerspring mattresses and memory foam mattresses. The surge in the aging population bolsters the need for the medical mattress market during the projection period.
Increasing Number of Diseases in Humans Influences Need for Medical Mattress
There is an increasing number of diseases in humans, due to which the demand for medical mattresses is increasing. Medical mattresses most likely help patients with joint fractures, arthritis, muscular problems, or spinal injuries. The person’s body will not sink or bulge inside due to the firmness of these mattresses. Pressure ulcers are injuries to the skin and underlying tissue, mainly caused by prolonged pressure on the skin. Hospital beds or medical mattresses prevent and relieve pain from pressure ulcers. Furthermore, the rising incidence of orthopedic conditions is creating demand for orthopedic mattresses. Orthopedic disorders are one of the largest sources of disability globally. Orthopedic conditions are injuries and diseases that affect the musculoskeletal system. Musculoskeletal conditions affect people of all ages and most commonly impact adolescence and older. An orthopedic mattress improves spinal alignment and relieves back and joint pain. The orthopedic mattress is ideal for people who have back pains and aches, osteoporosis, arthritis, and other related conditions. There are various advantages of sleeping on an orthopedic mattress, such as relieving body pains, better sleep, provide and lumbar support. Thus, increasing awareness about the various advantages of these mattresses and the rising incidence of orthopedic conditions are boosting the demand for orthopedic mattresses, driving the global market.
Impact of COVID-19 Pandemic on Medical Mattress Market
Many industries, such as the consumer goods industry, faced unprecedented challenges due to the COVID-19 pandemic. Due to shortage in raw material supply, the shutdown of factories, shortage of labor, and other difficulties in operations under COVID-19 safety protocols, companies involved in the manufacturing of medical mattresses faced difficulties during the initial months of the pandemic. However, as the economies are reviving their operations, the demand for the medical mattress is anticipated to surge worldwide in the coming months. The demand for medical mattresses has started growing with the resumption of business activities and the lifting of lockdown measures across the globe. The increasing demand for the medical mattress in numerous applications along with significant investments by prominent manufacturers is anticipated to drive the growth for the medical mattress in coming years.
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Blue Chip Medical Products, Inc.; Blake Medical; Desco Medical; Icare Medical Group; Invacare Corporation; LINET; Medline Industries, Inc.; Narang Medical Limited.; Paramount Bed Holdings Co., Ltd.; TEKVOR-CARE GMBH are among the well-established players in the medical mattress market. Companies in the medical mattress market are adopting various strategies, such as product developments, plant expansions, and mergers and acquisitions, to expand their footprint worldwide and meet the growing demand from end-users.
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In 2020, Asia Pacific held the largest revenue share of the global medical mattress market. The key drivers of the medical mattress market in this region are the rising infectious, chronic, and non-communicable diseases, population growth, augmented economic power. Moreover, the rising longevity, urbanization, and poor lifestyles are contributing to a tremendous increase in non-communicable diseases in the region. The most common non-communicable diseases are cardiovascular diseases, diabetes, cancer, and chronic respiratory diseases. These factors are anticipated to bolster the medical mattress market in the region during the forecast period.
Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Medical Mattress Market.
The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Medical Mattress Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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