Published Date: 31-Mar-2022
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Pressure Relief Mattress Market size is expected to reach $2.1 billion by 2027, rising at a market growth of 5.3% CAGR during the forecast period.
The Indirect Sales segment is generating high revenue in the Global Pressure Relief Mattress Market by Distribution Channel 2020, thereby, achieving a market value of $1.1 billion by 2027. In indirect sales segment mattresses are supplied by any third-party distributor such as retail stores and e-commerce platforms. This method of distribution allows the manufacturer to increase the number of mattresses that are being supplied, by collaborating with various third-party distributors across the world. In addition, the advent of online platforms is facilitating the manufacturers to increase the reach of their products to various customers worldwide via online shopping applications and portals.
The Solid-filled Mattress segment shows high growth rate of 5.6% during (2021 - 2027). The increasing popularity of solid-filled mattress segment is attributed to the fact that solid-filled mattresses are made with a textured upper surface, or in various cases, cross-cut. The design of these mattresses offers extreme comfort to the user. In addition, these mattresses are usually utilized by patients with a high risk of sores development but still have mobility.
The North America fastest growing segment in the Global Pressure Relief Mattress Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $665 million by 2027, growing at a CAGR of 3.7 % during the forecast period. The Europe market is anticipated to grow at a CAGR of 4.6% during (2021 - 2027). Additionally, The Asia Pacific market would witness a CAGR of 6.9% during (2021 - 2027).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of EHOB, Inc., Medical Depot, Inc. (Drive DeVilbiss Healthcare), APEX Medical Corporation, Talley Group Ltd. (Direct Healthcare Group), Benmor Medical Ltd., Invacare Corporation, Stryker Corporation, Arjo AB, Hill-Rom Holdings, Inc. (Baxter International, Inc.), and Paramount Bed Co., Ltd. (Paramount Bed Holdings Co., Ltd.)
By Distribution Channel
Unique Offerings from KBV Research