Cervical PillowMarket is valued approximately USD 4.00 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.40% over the forecast period 2021-2027.
Cervical Pillow is a typeof pillow which is used by the people who are suffering from cervical pain. This pain is caused by improper posture while sitting, tension and stress on the neck due to long working hours, use of unsuitable pillows while sleeping. Increasing prevalence of neck pain and increasing long working hours of the people will increases the neck pain which in turn fuel the cervical pillow market during the forecast period.For instance:According to Statista , in 2020 ,62%percentage of US adults who has visited MD(Medical Doctor) in the last 12 month for neck pain as of 2018.Around 53 percent of the survey respondents visited a chiropractor in the past year for neck or back pain.
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The increasing healthcare awareness will fuel the market of cervical pillow during the forecast period. Also, the increasing work from home trends increases the neck pain among the people as the sitting in-front of laptop increases which will fuel the market during forecast period.Also, with the increasing adoption of competitive and market strategies by the market players , the adoption & demand for Cervical Pillow is likely to increase the market growth during the forecast period.However, lack of awareness of cervical pain impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Cervical Pillowmarketstudy includes Asia Pacific, North America, Europe, Latin America and Rest of the World.North America is the leading region across the world in terms of market share owing to the increase in working hours andincreasing disposable income. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising disposable income, rising incidences of neck pain by the use of incorrect pillows and improving healthcare infrastructurewould create lucrative growth prospects for the Cervical Pillowmarket across Asia-Pacific region.
Major market player included in this report are:
Medi Flow Inc
Coop Home Goods
Custom Craft work Inc
Hall Innovation LLC
Therapeutic Pillow International
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Cervical PillowMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
The file offers market sizing and forecast throughout 5 primary currencies – USD, EUR GBP, JPY, and AUD. It helps corporation leaders make higher choices when foreign money change records are available with ease. In this report, the years 2020 and 2021 are regarded as historic years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2030 are viewed as the forecast period.
In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Healthcare Market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.
The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.
This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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What are the aspects of this report that relate to regional analysis?
- The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
- The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.
- Reports on the market include the growth rates of each region, which includes their countries, over the coming years.
- How are the key players in the market assessed?
- This report provides a comprehensive analysis of leading competitors in the market.
- The report includes information about the key vendors in the market.
- The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.
- The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.
- A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
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