PUBLISHER: Lucintel | PRODUCT CODE: 1417408
PUBLISHER: Lucintel | PRODUCT CODE: 1417408
Cervical Pillow Trends and Forecast
The future of the global cervical pillow market looks promising with opportunities in the displacement and support function markets. The global cervical pillow market is expected to reach an estimated $6.2 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing prevalence of neck pain, higher healthcare expenditures, and rising disposable income.
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Cervical Pillow by Segment
The study includes a forecast for the global cervical pillow by type, function, and region.
List of Cervical Pillow Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cervical pillow companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cervical pillow companies profiled in this report include-
Cervical Pillow Market Insights
Lucintel forecasts that standard cervical pillow will remain the largest segment over the forecast period due to its designs tailored to meet the requirements of a diverse range of patients.
Within this market, support function will remain the larger segment as it is effective in offering long-term assistance.
North America will remain the largest region over the forecast period due to rising working hours, resulting in neck stress and poor sitting posture, in addition to the increased use of electronic devices.
Features of the Global Cervical Pillow Market
Market Size Estimates: Cervical pillow market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cervical pillow market size by type, function, and region in terms of value ($B).
Regional Analysis: Cervical pillow market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, functions, and regions for the cervical pillow market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cervical pillow market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the cervical pillow market size?
Answer: The global cervical pillow market is expected to reach an estimated $6.2 billion by 2030.
Q2. What is the growth forecast for cervical pillow market?
Answer: The global cervical pillow market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cervical pillow market?
Answer: The major drivers for this market are increasing prevalence of neck pain, higher healthcare expenditures and rising disposable income.
Q4. What are the major segments for cervical pillow market?
Answer: The future of the cervical pillow market looks promising with opportunities in the displacement and support function markets.
Q5. Who are the key cervical pillow market companies?
Answer: Some of the key cervical pillow companies are as follows.
Q6. Which cervical pillow market segment will be the largest in future?
Answer: Lucintel forecasts that standard cervical pillow will remain the largest segment over the forecast period due to its designs tailored to meet the requirements of a diverse range of patients.
Q7. In cervical pillow market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising working hours, resulting in neck stress and poor sitting posture, in addition to the increased use of electronic devices.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.