Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) -- According to our latest study on “Medical Mattress Market Size Report, Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, End-User, and Geography,” the medical mattress market is expected to grow from $6.47 billion in 2021 to $10.24 billion by 2028; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028. The surge in geriatric population drives the market growth.
Narang Medical Limited.; Blake Medical; Desco Medical; Medline Industries, Inc.; Icare Medical Group; Invacare Corporation; Blue Chip Medical Products, Inc.; Paramount Bed Holdings Co., Ltd.; LINET; and TEKVOR-CARE GMBH are among the key players in the medical mattress market. These market players are highly focused on developing high-quality and innovative products to meet the customer’s requirements. For instance, in 2021, Icare Medical Group launched high-risk static mattresses, with roll-out prevention firm edge support. Each mattress is made with Zerotec waterproof cover and is suitable to use in care facilities and homes.
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The medical mattress market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Factors such as rising incidence of infectious, chronic, and noncommunicable diseases; expansion of the public health system; population growth; and augmented economic power are driving the market growth in the region. Further, key players operating in the Asia Pacific medical mattress market are Invacare Corporation; Medline Industries, Inc.; and Icare Medical Group. In recent years, major market players in the region have invested heavily in R&D initiatives. These manufacturers are focusing on product development and innovation and product portfolio expansion strategies through mergers and acquisitions involving small and medium-scale companies. For instance, Advantage Therapeutic Homecare Foam Mattress offered by Medline Industries is a comfortable high-density all-foam mattress that provides effective pressure injury prevention and offers a therapeutic alternative to traditional home care innerspring mattresses.
Rising Number of Diseases in Humans to Create Lucrative Growth Opportunities for Medical Mattress Manufacturers during Forecast Period
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.
Medical Mattress Market: Segmental Overview
By product type, the medical mattress market is segmented into foam, spring, and others. The foam segment held the largest market share in 2020. A foam mattress is usually composed of multiple layers of foam. Distinct types of foam are used across the surface of the mattress to address the sensitive parts of the body that are most susceptible to breakdown. The growing demand for foam mattresses in hospitals owing to their shock-absorbing and waterproofing qualities is anticipated to drive the market growth for this segment during the forecast period.
By end-user, the medical mattress market is bifurcated into residential and commercial. The market for the commercial segment is expected to grow at a higher rate during the forecast period. The medical mattresses are specifically made for high workload and mainly used in hospitals, clinics, nursing homes, and hospice facilities. The surge in the aging population coupled with the increase in the number of healthcare facilities in various countries creates demand for medical mattresses. This factor is propelling the growth of the market for the commercial segment.
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Impact of COVID-19 Pandemic on Medical Mattress Market
Many industries, such as consumer goods, faced unprecedented challenges due to the COVID-19 pandemic. During the pandemic, the medical mattress demand increased in the residential sector due to home quarantine norms but the inefficient supply affected the market to some extent. The pandemic caused supply chain interruption and production and transport delays. However, as the economies are reviving their operations, the demand for medical mattresses is expected to rise across the globe in the coming months. Also, the industry is seeing a high recovery as the international market is reopening. Medical mattress sales are increasing both in the residential and commercial sectors. The increase in medical infrastructure has resulted in a surge in demand for medical beds, which has indirectly driven the demand for medical mattresses. This is predicted to positively influence the medical mattress market growth during the forecast period.
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