Report : North America 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 North America Medical Mattress Market during 2021–2028
According to a new market research study on “North America 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$ 3,157.8 million by 2028 from US$ 1,995.9 million in 2021. The market is estimated to grow at a CAGR of 6.8% from 2021 to 2028.The report provides trends prevailing in the North America 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.
North America is one of the worst affected economies due to the COVID-19 pandemic. The unprecedented rise in the number of COVID-19 cases across the US and Canada and the subsequent lockdown of numerous manufacturing facilities in the countries have influenced the growth of the various markets. Due to the COVID -19 pandemic, the medical mattress demand also increased in residential sector due to home quarantine norms but still the inefficient supply has affected the market to some extent. The pandemic has caused supply chain interruption, production and transport delays. However, the industry is seeing a high recovery as the international market is reopening. The medical mattress sales are increasing both in residential as well as commercial sector. The increase in medical infrastructure has resulted in surge in demand of medical beds which has indirectly driven the demand for medical mattress.
The market for North America Medical Mattress Market is segmented into the Product Type and End User and country. Based on Product Type, the North America 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.
Blue Chip Medical Products, Inc., Blake Medical , Icare Medical Group , Invacare Corporation ,LINET , Medline Industries, Inc., Narang Medical Limited. 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 North America Medical Mattress Market is segmented into product type and end user. Based on product type, the North America Medical Mattress Market is segmented foam, spring, and others .Based on End User, the North America Medical Mattress Market is segmented into residential, and commercial. By Geographically, North America Medical Mattress Market is segmented into (US, Canada, and Mexico).
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