Report : Medical Headwalls Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (Horizontal and Vertical); Application (Intensive Care Unit (ICU)/Critical Care Unit (CCU), Post-anesthesia Care Unit (PACU), Patient Rooms, Other Applications) and Geography
Horizontal Segment by Product Typeis Expected to Growat Fast Pace During Forecast Period
According to The Insight Partners market research study of ‘Medical Headwallsto 2027 – Global Analysis and Forecasts by Product TypeandApplication,’ the market is anticipated to reach US$ 1,209.1millionby 2027 from US$ 787.1 million in 2019. The market is anticipated to grow with a CAGR of 5.6% from 2020-2027. The report provides trends prevailing in the global medical headwalls market and the factors driving the market along with those that act as hindrances.
Based on the product type, the global medical headwalls market is segmented into horizontal and vertical.In 2018, the horizontal salessegment held a larger share of the medical headwalls market and is projected to dominate the market by 2027owing to its advantages such as, flexibility, slim design, and easy to clean. Further, these can be widely used in ICU/CCU, NICU, emergency department/trauma, LDR, PACU, transitional step-down, patient rooms, radiology, and special procedure departments.
The market for medical headwalls is expected to grow, owing to factors such as increasing prevalence of chronic diseases, and growing hospital industry. Moreover, growing public private partnership in healthcare industryis likely to have a positive impact on the growth of the market in the coming years.
Class 1 Inc.; Amico Group of Companies; Hospital Systems, Inc.;Futrus, LLC;Shenzhen Mindray Bio-Medical Electronics Co., Ltd., SchönnMedizintechnik GmbH;Drägerwerk AG & Co. KGaA; Wittrock Healthcare;Nexxspan Healthcare, LLC; Modular Services Company; and Interspec Systemsare among the leading companies operating in the medical headwalls market. The market has observed some inorganic developments during recent years in the medical headwalls market. For instance, in March 2019, Atlas Copco acquired Class 1 Incorporated, a medical headwall company. This acquisition will result into further strengthening the position of both the companies in the market.
The Report Segments Global Medical Headwalls Market as Follows:
Global Medical HeadwallsMarket – By Product Type
Global Medical HeadwallsMarket – By Application
Global Medical Headwalls Market– By Geography