Medical Mattress Market is expected to reach US$ 10236.7 Million by 2028

Surge in Geriatric Population to Escalate Medical Mattress Market Growth During 2021–2028

According to our latest market study on “Medical Mattress Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type (Foam, Spring, and Others) and End-User (Residential and Commercial),” the medical mattress market is expected to grow from  US$ 6470.3 million in 2021 to US$ 10236.7  million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028. The report highlights key driving factors and prominent market players along with their developments in the medical mattress market.

Medical mattresses, also known as orthopedic mattresses, are used in hospitals or for home care purposes. The mattresses are hard and firm. Thus, they provide proper support to an individual. Innerspring mattresses and memory foam mattresses are types of the medical mattresses.

The world’s population is aging. There is an increase in the number of older persons. Older persons make up a growing share of the population in virtually every country.  According to the Population Reference Bureau, the number of Americans ages 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and the 65-and-older age group’s share of the total population will rise from 16 percent to 23 percent.

The process of population aging is most advanced in Europe and in Northern America. The populations of other regions are growing older as well. According to the same report, the global population aged 60 years or over numbered 962 million in 2017, more than twice as large as in 1980 when there were 382 million older persons worldwide. The number of older persons is expected to double again by 2050. Thus, an increase in the geriatric population drives the growth of the medical mattress market.

Impact of COVID-19 Pandemic on Medical Mattress Market 

The ongoing COVID-19 pandemic has drastically altered the status of the consumer goods sector and negatively impacted the growth of the medical mattress market. The implementation of measures to combat the spread of the virus has aggravated the situation. The medical products industry has been negatively impacted by the sudden distortion in operational efficiencies and disruptions in the value chains attributable to the sudden restricitions on national and international boundaries. The impact of the COVID-19 pandemic varies across different application segments. A surge in the traffic of COVID-19 patients in the hospitals has benefitted many medical equipment players from medical beds to medical mattress manufacturers. However, the supply of raw materials such as foam, spring, and latex for mattress manufacturing was disrupted due to lockdown measures. On the other side, the economies are planning to revive their operations, and governments of many countries have lifted trade barriers. Therefore, the demand for medical mattresses has started rising with the resumption of business activities and the lifting of lockdown measures globally. The expanding demand for the medical mattresses in various applications along with significant investments by prominent manufacturers would drive the growth of the medical mattress market in the coming years.

Blue Chip Medical Products, Inc.; Blake Medical; Desco Medical; Icare Medical Group; Invacare Corporation; LINET; Medline Industries, Inc.; Narang Medical Limited.; Paramount Bed Holdings Co., Ltd.; and TEKVOR-CARE GMBH are among the well-established players in the medical mattress market. The medical mattress market players are adopting strategies such as product developments, plant expansions, and mergers and acquisitions to expand their footprint worldwide and meet the growing demand from end users. 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.

Medical Mattress Market - Geographic Overview

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Medical Mattress Market Size, Share & Growth Forecast By 2028

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Medical Mattress Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Foam, Spring, and Others) and End-User (Residential and Commercial)

The report segments the medical mattress market as follows:

By product type, the medical mattress market is segmented into foam, spring, and others. Based on end-user, the medical mattress market is bifurcated into residential and commercial. By region, the medical mattress market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America.