Medical Mattress System Market Expected to Witness High Growth by 2028


Posted March 14, 2023 by Snehalwakase

The medical mattress market was valued at US$ 6470.3 million in 2021 and is projected to reach US$ 10236.7 million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.

 
The medical mattress market was valued at US$ 6470.3 million in 2021 and is projected to reach US$ 10236.7 million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.

This research report provides insights into the “Medical Mattress Market” This report summarizes the results of the assessment carried out by Premium Market Insights in the field of the Benefits Management Platform for the global perspective. The report provides an analysis of the Benefits Medical Mattress Market by deployment, application, and geography. The report provides the current market size for the Medical Mattress Market, defines trends, and presents growth forecasts for nine years from 2019 to 2028. 2021 is considered as the base year, and 2021 to 2028 is the forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Benefits Management Platform for all the regions globally.

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Major key players covered in this Medical Mattress Market report:

• 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

Geographically, the medical mattress market is segmented into North America, Europe, Asia Pacific, South and Central America, and Middle East & Africa. In 2020, Asia Pacific accounted for the largest share in the medical mattress market. The medical mattress market in Asia Pacific is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. A few of the major factors driving the medical mattress market in the region are the rising incidence of infectious, chronic, and noncommunicable diseases; increasing population; and augmenting economic power. The rising longevity, urbanization, and poor lifestyles are contributing to a tremendous increase in noncommunicable diseases in South-East Asia. Most common noncommunicable diseases are cardiovascular diseases, diabetes, cancer, and chronic respiratory diseases. As per World Economic Forum, the global population is aging, with Asia Pacific likely to see the most rapid growth in older citizens between 2021 and 2050. These factors are anticipated to bolster the medical mattress market in the region during the forecast period.

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Medical Mattress Market Segmentation:

By Product Type 40
• Foam 41
• Spring 42
• Others 43

By End-User 44
• Residential 45
• Commercial 46

The overall global medical mattress market size has been derived in accordance with both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the medical mattress market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the global medical mattress market.
Based on end-user, the global medical mattress market is bifurcated into residential and commercial. The residential segment held a larger share in 2020. Installing a hospital bed in home is a good option for patients who need home care. The appropriate medical mattress is a crucial component for successfully managing home care. The right medical mattress for home use addresses various issues, such as pressure sores, back pain, and the risk of falling out of bed. Sleep is important for patients' recovery and maintaining good health. Medical mattresses for home use also facilitate quality sleep in ways that a standard mattress cannot. All these factors are creating demand for medical mattresses from the residential segment.

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Issued By Premium Market Insights
Country India
Categories Business
Last Updated March 14, 2023