The North Americamedical headwalls market is expected to reach US$ 365.02 million by 2027 from US$ 232.52 million in 2019; it is estimated to grow with a CAGR of 5.9% from 2020 to 2027.
The growth of the market is mainly attributed to the rising incidences of chronic illnesses and a high growth in the hospital sector. However, the high preference for home healthcare limits the market growth.
The medical headwalls system, an architectural structure in patient wards, combines electrical and medical gas functions along with aiding efficient handling of cords and tubing. The headwalls are the platforms providing electrical facilities and horizontal distribution outlets of oxygen, air, and vacuum. Medical headwalls are essentially incorporated in hospitals, nursing homes, specialty hospitals, multispecialty hospitals, and others.The hospital headwalls decrease clutter caused by cords and tubing, provide healthcare staff an easy access to the patient care accessories, and enhance the esthetics of the room. The reduction of a visual clutter also creates a safer and more operative environment that allows medical professionals to work freely.
A rise in the aging population is contributing to the rising incidences of chronic diseases. The increasing incidences of chronic illnesses such as cancer, cardiovascular disorders, and diabetes drives the medical headwalls market growth. In Mexico, some of the most prevalent forms of chronic disorders include heart disease, cancer, emphysema, stroke, and diabetes. These medical conditions are also among the six leading causes of death in the country. Increasing age is among the significant risk factors contributing to the rise in the incidence of chronic conditions. On the other hand, several chronic diseases are caused due to factors such as unhealthy eating, physical inactivity, excessive alcohol consumption, tobacco use, and excess weight. The number of people suffering from diabetes is increasing every year. As per the International Diabetes Federation (IDF), in 2017, ~46 million people in North America had diabetes, and the number is anticipated to hike up to 62 million by 2045.Also, as per the World Health Organization (WHO) data in 2018, cancer is the second leading cause of death worldwide, and according to the estimations, cancer was the cause of 9.6 million deaths in 2018 in the region. Moreover, according to the estimations of the American Cancer Society, ~1,735,350 new cancer cases were diagnosed in North America in 2018.Thus, the rising incidences of chronic illnesses increases is leading to the rise in hospitalization, thereby escalating the demand for more hospitals, hospital wards, and medical headwalls.
The COVID-19 manifestation is characterized by the stages ranging from asymptomatic infection to severe infection, whereinpatients are admitted in ICU and PACU. The pandemic has profoundly affected North America. The US, and Canada and Mexico, together, have reported high COVID-19 positive cases in the region. Companies in the medical headwalls market are facing issues due to certain measures taken by the domestic and international governmentsfor containing the infection spread; these measures have led to changes in on-site operations to decrease manufacturing capacity;limited suppliers’ ability to source and ship materials as per the demands; disruption, slowdown, and delays in work. However, the demand for medical headwalls in new hospitals and different ICU centers is increasing. For instance, according to Modular Services Company news featured on KFOR news report in August 2020, the company received the orders for hospital headwalls during covid-19 impact. Therefore, rising in the number of ICU beds, PACU beds, Pre-Op bed inthe North America is currently driving the medical headwalls market.
Based on the product,themedical headwalls market is segmented into horizontal and vertical. The horizontal segment held a larger share of the market in 2019 and is anticipated to register a higher CAGR during the forecast period.
Based on application, the medical headwalls market is segmented intothe intensive care unit (ICU)/critical care unit (CCU), post-anesthesia care unit (PACU), patient rooms, and others. The intensive care unit (ICU)/critical care unit (CCU)segment held the largest share of the market in 2019, whereas the patient rooms segmentis anticipated to register the highest CAGR in the market during the forecast period.
A few of the major primary and secondary sources referred to while preparing this report on the North America medical headwalls market areFacility Guidelines Institute (FGI) andHome Care Association of America.