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The global medical mattresses market size is estimated to grow by USD 3.81 billion at a CAGR of 4.91% between 2023 and 2028.
Spread of infectious diseases such as tuberculosis (TB) and COVID-19 is anticipated to increase the demand for medical mattresses across the globe. Furthermore, an increase in the prevalence of infectious diseases drives admission rates in healthcare facilities. To meet the high demand from healthcare facilities, manufacturers and suppliers are introducing advanced products and increasing market penetration through efficient distribution networks. The rising incidence of infectious diseases has prompted suppliers and manufacturers to expand their market reach and enter emerging markets. Hence, these factors will also drive market growth during the forecast period.
Technavio has segmented the market into End-user, Product, and Geography
It also includes an in-depth analysis of drivers, trends, and challenges. Our report examines historical data from 2018-2022, besides analyzing the current market scenario.
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The market share growth by the commercial segment will be significant during the forecast period. The commercial segment includes end-users, including hospitals, healthcare providers, and rehabilitation facilities. These mattresses are specifically engineered to provide optimal support and comfort to patients during a variety of medical procedures, after-care, or for those with pre-existing medical conditions.
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The commercial segment was valued at USD 9.59 billion in 2018. Medical mattresses are utilized in healthcare settings to enhance patient comfort during medical examinations, treatments, and monitoring procedures. Additionally, these mattresses may be designed with specific features, such as additional firmness and dynamic pressure redistribution, to meet the specific requirements of the patients in the rehabilitation program. Hence, such factors under the commercial end-user segment will boost the growth of the global medical mattresses market during the forecast period.
Foam mattresses are made with various layers of foam, such as memory foam, or even more specially designed foam, such as viscoelastic foam. These layers of foam mold to the patient's body shape and distribute their weight evenly. The foam's ability to align with the body's contours helps to keep the spine in proper alignment, reducing pain and complications. Medical mattresses made from foam are renowned for their strength and durability, making them an economical choice for healthcare settings. Hence, these advantages and features will raise the demand for foam as a product segment and will consequently drive the growth of the market during the forecast period.
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Asia is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that will shape the market during the forecast period. The medical mattresses market in Asia is driven by the increasing number of hospitals, clinics, and diagnostic centers, the growing geriatric population, and the rising prevalence of chronic diseases in the region.
Moreover, an increase in the number of hospital beds in developed and developing countries such as Japan and South Korea and rising healthcare expenditure are factors that are expected to drive the growth of the market in the region. Furthermore, manufacturers and suppliers of medical mattresses are shifting their production facilities and manufacturing units to Asia due to favorable market conditions such as low labor cost, low cost and high availability of raw materials, and economical logistics costs. Hence, such factors are expected to drive market growth in this region during the forecast period.
The outbreak in 2020 increased the number of hospitals, which, in turn, led to a rise in the demand for medical mattresses in the region in 2020. However, in 2021, the large-scale vaccination drives undertaken by the governments of China, India, Malaysia, and Japan led to the decline of the effect of the pandemic. However, the prevalence of post-symptoms, comorbidity, and other diseases made medical mattresses essential for the treatment of patients either in hospital setup or at home. Additionally, due to the resurgence in COVID-19 cases in China in late 2022 led to a rise in demand for medical mattresses. Thus, such factors will drive the demand for medical mattresses high and consequently will ropel the growth of the regional market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Arjo AB: The company offers medical mattresses such as Auralis, Auralis Plus, Nimbus Professional and Alpha Active 4 alternating pressure mattress.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key trends, and challenges.
The increasing trend of medical emergencies is the primary trend shaping market growth. The rise in medical emergencies caused by outdoor accidents, industrial accidents, wars, fire breakouts, and natural calamities has been forcing healthcare providers to improve their readiness to address emergency situations. Furthermore, life-threatening diseases such as stroke, heart attack, and organ failure drive the demand for casualty services. Also, hospitals and other healthcare emergency centers are taking increased precautions and are providing the required facilities to address medical emergencies.
Furthermore, they are purchasing various medical supplies, such as automated beds, to ensure patient comfort and safety. The growth of emergency departments to meet the rising medical emergencies drives the demand for medical mattresses. The manufacturers of these products are meeting these demands by expanding their production volume, which will propel the growth of the global medical mattresses market during the forecast period.
The limited availability of sophisticated healthcare in rural markets is a challenge that affects market growth. Although medical mattresses are an essential product for home treatment, hospitals, and clinics, as well as home care users, distributing required products to all healthcare facilities and home-based users is not easy for suppliers and manufacturers. Manufacturers and suppliers are not willing to supply products to these areas to avoid this extra cost, which leads to the loss of customers and reduced revenue.
Furthermore, limited government budgets allocated for establishing healthcare facilities in the rural market are another challenge to the market. Besides, due to the limited growth in the consumption of patient care services, the sales of foam, innerspring, hybrid, and synthetic mattress medical mattresses decreased, which has adversely impacted the growth of the global medical mattresses market. Hence, such factors will hamper the growth of the global medical mattresses market during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Medical Mattresses Market Customer Landscape
The medical mattresses market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Medical Mattresses Market Scope |
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Report Coverage |
Details |
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Page number |
149 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.91% |
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Market Growth 2024-2028 |
USD 3.81 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.11 |
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Regional analysis |
Asia, North America, Europe, and Rest of World (ROW) |
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Performing market contribution |
Asia at 44% |
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Key countries |
US, Germany, UK, China, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Arjo AB, Baxter International Inc., Blue Chip Medical Products Inc., CASCO Manufacturing Solutions Inc. , Formed Sp. z o. o. Sp.K., Hospital Metalcraft Ltd., Icare Medical Group, Joerns Healthcare LLC, LINET Group SE, Medical Depot Inc., Medline Industries LP, Narang Medical Ltd., PARAMOUNT BED HOLDINGS Co. Ltd., Proactive Medical Products, Select Medical Ltd., Stiegelmeyer GmbH and Co. KG, Stryker Corp., Thomas Hilfen fur Korperbehinderte GmbH and Co. Medico KG., Blake Medical, and Invacare Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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