Industry Background:
Medical pillows are the accessory of a bed, and provides relief and support for neck and head. It prevents body pain, especially for neck and back pain. It keeps the body posture aligned and lightens stress and tension. Medical pillow has its own method of dealing with body pain by providing restful sleep. Different types of pillows are available which are bed pillow, orthopedic pillow (also known as medical pillow), and decorative pillow. The medical pillows are light weight and made of cotton, microfiber, nylon, synthetic, and others.
According to AMA Research, the market for Medical Pillows is expected to register a CAGR of 10.3% during the forecast period to 2030. This growth is primarily driven by Need for Medical Pillows Due to Increased Workload, Poor Posture, and Continuous Traveling
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Personal Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hollander (United States), Tempur – Pedic (United States), Pacific coast (United States), My Pillow (United States), Carpenter (United States), Paradise Pillow (United States), Sinomax (United States), AiSleep (United States), 365 sleep (United States) and Serta (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2023, Spry Therapeutics announced a new partnership agreement with Fiberpartner, a global supplier of staple fibers such as PrimaLoft Bio, technical yarns, and plastics. This partnership aims to bring the world’s first filtered, biodegradable positioning pillow to the healthcare market.
In April 2023, Naturepedic launched a new line of organic pillows designed to suit individualized sleep needs.The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Influencing Trend:
Increased Demand for Water Based Cervical Pillow
Market Growth Drivers:
Need for Medical Pillows Due to Increased Workload, Poor Posture, and Continuous Traveling and Increasing Disposable Income
Challenges:
Lack of Awareness Among the Consumers
Restraints:
Fluctuating Raw Material Prices
Opportunities:
Rising Healthcare Spending is Boosting the Market and Increased Prevalence of Neck Pain
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Medical Pillows Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Medical Pillows Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Medical Pillows players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Pillows Study Sheds Light on
The Medical Pillows Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Medical Pillows industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Pillows industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.