“The median household income is anticipated to reach US$ 3,690 by the end of 2013 and is poised to touch the mark of US$ 7,450 by 2018, growing at a CAGR of around 15%.”
Noida, UP -- (SBWIRE) -- 12/30/2014 -- Growth in demand for alternating pressure mattresses is increasing due to rise in personal disposable income of Indian population. This increase has led to better affordability of alternating pressure mattress as there are several Chinese, Taiwanese, European and American brands available in India, with prices as low as INR 2,000 to as high as INR 3,00,000.
Our recent study reveals that the median household income is anticipated to reach US$ 3,690 by the end of 2013 and is poised to touch the mark of US$ 7,450 by 2018, growing at a CAGR of around 15%. So, when such recommendation is made by the physician, people can afford to buy good quality, branded and durable antidecubitus mattresses for the patient; which in turn will contribute in the respective market's growth.
The report, "Indian Air Mattress Market Outlook 2018", covers analysis of market of alternating pressure mattresses in India. The report mainly covers the current and future market of alternating pressure mattresses 2013 to 2018, analysis of alternating pressure mattresses market by value and volume on the basis of price range, market segmentation by type (PU and PVC). The report analyzes the Industry drivers and challenges and distribution model analysis of Chinese/Taiwanese and European and American brand. It also includes tax structure and government regulation on alternating pressure mattress. A thorough analysis has been conducted on industry players covering their business overview, financial overview, business strategies and product portfolio.
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