The orthopedic mattress market size to cross USD 3 billion by 2025, growing at a CAGR of 2% during the forecast period. The global orthopedic mattress market is in the nascent growth stage; however, it is expected to grow exponentially during the forecast period. A sound sleep is recognized as an essential factor for good health and body, thereby increasing efficiency and the quality of life. As people are becoming health conscious, the increased awareness of good sleep and sleeping postures is likely to drive the demand for the high-quality orthopedic bed mattress.
The growing demand for eco-friendly orthopedic mattress is another key trend witnessed in the market. As the disposal of mattresses has emerged a major environmental hazard across the globe, the demand for biodegradable and sustainability materials is gaining traction.
Manufacturers are increasingly shifting to the materials that are easy to dispose of. High penetration of the internet and ease of access has created many opportunities for new entrants to capture the market. Thus, the entry of new online mattress manufacturers has increased the sales of orthopedic mattresses. The growing awareness of proper sleep postures and back and spine-related disorders is expected to develop opportunities for manufacturers across the world. Moreover, the increasing number of ortho surgical procedures is also influencing product demand. Developed countries such as North America and Europe are witnessing a rapid adoption due to the growing number of back disorders and high acceptance of innovative beds.
- In the US, over 400,000 hip replacement surgeries take place annually, which is likely to increase customers' preference for orthopedic mattresses.
- Over 90% of the population in the UK has access to the internet, which has developed immense business opportunities for online vendors.
- With an increasing geriatric population and growing demand for knee replacements and joint and spinal implants in China, the demand for medically-certified mattresses is projected to grow during the forecast period.
- The non-spring orthopedic segment holds the largest share, contributing over 50% in the ortho mattress market.
- The demand for orthopedic beds is higher in the residential sector than in the commercial industry.
ORTHOPEDIC MATTRESS MARKET SEGMENTATION
This research report includes detailed segmentation by
- Product type
- Distribution type
- End-user type
INSIGHTS BY PRODUCT TYPE
Low-cost availability and affordability of open coir and spring mattresses have enhanced their acceptability in Europe, North America, and MEA regions, thereby driving the growth segment. Pocket spring orthopedic mattresses offer individual comfort and support by causing less partner motion disturbance. Therefore, they are observing high demand, which is expected to continue during the forecast period.
The non-spring segment share is over 50% owing to the advantages such as maintaining body temperature and distributing the body weight evenly, which helps to reduce back pains. The market is expected to be driven by unorganized industry conditions and strong conventional offline channels. The demand for coir-based beds from the APAC region is another major factor driving market growth. The demand for orthopedic memory foam mattress is considerably higher than other types.
INSIGHTS BY END-USER TYPE
The demand is high in the residential sector and is likely to grow during the forecast period on account of the rise in residential construction. Increased awareness of proper sleeping postures in the population is driving demand. In addition, stability in the economic landscape, increase in disposable incomes, and the rise in orthopedic ailments are likely to impact the market growth. The availability of inexpensive raw materials in APAC is another factor influencing the demand. The US residential market has been witnessing the demand for spring orthopedic mattresses, whereas MEA and APAC regions prefer non-spring ones.
The commercial sector involves the usage of orthopedic mattresses across the hospitals and other sectors. The commercial sector mainly makes use of memory foam types as they can afford a higher initial investment. The small and medium-sized business are usually catered to by the local vendors. The growth of the hospital & healthcare sector is expected to increase opportunities for the orthopedic mattress industry. The rise in demand for hospital beds is expected to increase the demand for orthopedic mattresses.
INSIGHTS BY DISTRIBUTION TYPE
The offline distribution segment accounts for over 80% of the global orthopedic mattress market share as most of the customers prefer to purchase from brick and mortar stores. However, the online segment has gained momentum in recent years and is likely to grow during the forecast period due to the increasing internet penetration, which has increased the awareness of orthopedic mattresses. Also, factors such as cost, product features, brand reputation, and post-sale services are likely to increase the share of the online segment.
INSIGHTS BY GEOGRAPHY
The global ortho mattress market is largely concentrated in the North America region with an estimated value of over 20%. The demand for plant-based orthopedic foam mattress is increasing rapidly in Europe. This region also has a high acceptance of the latest technologies, which result in the introduction of bed-in-a-box mattresses. This has developed business opportunities for online players to penetrate the market. The increase in the aging population and the rise in ortho ailments in the APAC region have rapidly increased the demand for orthopedic bed. The construction sector in the Middle East will provide great opportunities for manufacturers over the next five years as it is expected to exhibit the fastest growth between 2018 and 2022.
INSIGHTS BY VENDORS
The global market is characterized by intense competition with many global and regional manufacturers in both domestic and global markets. The entrance of online players has relatively increased competition in the market. Vendors are focusing on innovative products and technologies such as bed-in-a-box type mattresses. They are also aiming to develop the product portfolio, which is expected to help in increasing shares. Manufacturers are competing by launching products at regular intervals at competitive prices. Key vendors in North America and Europe dominate the ortho mattress market; however, regional and local vendors are finding it difficult to compete with global players. In the APAC region, major vendors are facing stiff competition from unorganized players.
The global orthopedic mattress market research report offers revenue and forecast insights for the following segments:
Segmentation by Product Type
- Open Coil/Open Spring
- Continuous Spring
- Pocket Spring
- Latex Foam
- Memory Foam
- Polyurethane Foam
By Distribution Type
By End-user Type
- South Korea
- North America
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa