Report : Europe Medical Mattress Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Foam, Spring, and Others) and End-User (Residential and Commercial)
Commercial segment has the Largest Share of End User in the Europe Medical Mattress Market during 2021–2028
According to a new market research study on “Europe Medical Mattress Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, End User and Country” is expected to reach US$ 2,703.5 million by 2028 from US$ 1,726.5 million in 2021. The market is estimated to grow at a CAGR of 6.6% from 2021 to 2028.The report provides trends prevailing in the Europe medical mattress market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to increase in geriatric population and increasing number of diseases in humans, however, the market is expected to experience slow growth during the forecast period owing to disruption in supply chain cycle and trade bans.
In Europe, currently, France, the UK, and Russia are the worst-impacted countries by the COVID-19 pandemic. The massive outbreak of the pandemic has created a temporary distortion in operational efficiencies in the European market. The market for medical mattress has been impacted to some extent due to disruptions in the supply chain. Medical sector have seen increased loads due to pandemic-related phenomena. The demand for medical bed has increased during the pandemic due to the increase in the patients count spurred by the COVID-19 pandemic. The sudden demand of medical bed has boosted the market of medical mattress, but supply of mattress was not as per the demand, so the trade deficit was highly noticed in the COVID times.
The market for Europe Medical Mattress Market is segmented into the Product Type and End User and country. Based on Product Type, the Europe Medical Mattress Market is segmented into foam, spring, and others. In 2021, commercial, segment accounted for the largest market share and moreover it registered the highest CAGR during the forecast period. The demand for medical mattress are increasing rapidly in hospitals, clinics, nursing home and other medical related application across the country due to surge in demand of hospital beds. Thus the commercial segment is dominating the market.
Icare Medical Group, Invacare Corporation, LINET, Medline Industries, Inc., Narang Medical Limited. ,TEKVOR-CARE GMBH. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The market for Europe Medical Mattress Market is segmented into product type and end user. Based on product type, the Europe Medical Mattress Market is segmented foam, spring, and others .Based on End User, the Europe Medical Mattress Market is segmented into residential, and commercial. By Geographically, Europe Medical Mattress Market is segmented into (Germany, France, Italy, UK, Russia, and Rest of Europe).
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