Report : South and Central 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 South and Central America Medical Mattress Market during 2021–2028 

According to a new market research study on “South and Central 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$ 236.1 million by 2028 from US$ 163.5 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 South and Central 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.

Brazil has been ranked to be the third-most affected economy due to the COVID-19 pandemic regionally. In South and Central America, Brazil has the highest number of COVID-19 cases, followed by Argentina, Colombia, Peru, Chile, among others. The governments in South and Central America have taken an array of actions to protect their citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. The increase in medical bed facilities has created the huge demand for mattress with surpassing the supply. This has impacted the medical mattress market in the region.

The market for South and Central America Medical Mattress Market is segmented into the Product Type and End User and country. Based on Product Type, the South and Central 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.

LINET, Medline Industries, Inc. Narang Medical Limited. ,Paramount Bed Holdings Co., Ltd. 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 South and Central America Medical Mattress Market is segmented into product type and end user. Based on product type, the South and Central America Medical Mattress Market is segmented foam, spring, and others .Based on End User, the South and Central America Medical Mattress Market is segmented into residential, and commercial. By Geographically, South and Central America Medical Mattress Market is segmented into (Brazil, Argentina and Rest of SCAM).

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