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Medical Mattress Market Size, Industry Share, Trends and Future Growth Opportunities by 2028
The Insight Partners has added Latest Report on "Medical Mattress Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Product Type (Foam, Spring, and Others) and End-User (Residential and Commercial)," the Medical Mattress market is expected to grow from US$ 6470.3 million in 2021 to US$ 10236.7 million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the Medical Mattress market.Medical Mattresses, also known as orthopedic mattresses, are used in hospitals or for home care purposes. The mattresses are hard and firm. Thus, they provide proper support to an individual. Innerspring mattresses and memory foam mattresses are types of the Medical Mattresses. The world's population is aging. There is an increase in the number of older persons. Older persons make up a growing share of the population in virtually every country.
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Medical Mattress Market, by Product Type
• Foam
• Spring
• Others
Medical Mattress Market, by End-User
• Residential
• Commercial
Medical Mattress Market Segment Analysis:
The ongoing COVID-19 pandemic has drastically altered the status of the consumer goods sector and negatively impacted the growth of the Medical Mattress market. The implementation of measures to combat the spread of the virus has aggravated the situation. The medical products industry has been negatively impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden restrictions on national and international boundaries. The impact of the COVID-19 pandemic varies across different application segments.
A surge in the traffic of COVID-19 patients in the hospitals has benefitted many medical equipment players from medical beds to Medical Mattress manufacturers. However, the supply of raw materials such as foam, spring, and latex for mattress manufacturing was disrupted due to lockdown measures. On the other side, the economies are planning to revive their operations, and governments of many countries have lifted trade barriers. Therefore, the demand for Medical Mattresses has started rising with the resumption of business activities and the lifting of lockdown measures globally. The expanding demand for the Medical Mattresses in various applications along with significant investments by prominent manufacturers would drive the growth of the Medical Mattress market in the coming years.
By product type, the Medical Mattress market is segmented into foam, spring, and others. Based on end-user, the Medical Mattress market is bifurcated into residential and commercial. By region, the Medical Mattress market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America.
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.; and TEKVOR-CARE GMBH are among the well-established players in the Medical Mattress market. The Medical Mattress market players are adopting 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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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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