Patient Handling Equipment Market worth $18.6 Billion by 2028 | Global Trends, Growth, and Future Prospects

patient handling equipment
                      patient handling equipment

The Patient Handling Equipment research report certainly meets the strategic and specific needs of the businesses and companies. The report acts as a perfect view that provides an explanation of market classification, market definition, applications growth, market trends, and Industry engagement. The competitive landscape is studied here in terms of product range, (Precise Outlook 2023-2028), and prospects of the market’s key players. Furthermore, the report offers insightful market data and information about the Patient Handling Equipment industry to make better decisions and plan business strategies.

The global patient handling equipment market is projected to reach USD 18.6 billion by 2028 from USD 12.8 billion in 2021, at a CAGR of 2.5% during the forecast period.

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Patient Handling Equipment Growth Drives by Increasing Amount of Physically Disabled People across the World

The global market for patient handling equipment is expanding as a result of factors including an aging population, governmental policies, and increasing disease incidences. The lack of qualified workers and the difficulties faced by patients requiring bariatric treatment, on the other hand, are factors limiting the market’s expansion. On the other hand, market expansion possibilities are brought about by private institutional nursing and technological advancements.

Rising population to drive the growth of the patient handling equipment market.

Patient handling and mobility involve the use of medical assistive devices that ensures patients can be treated safely with care. The increasing amount of physically disabled people across the world drives the market for patient handling equipment. According to the WHO, around 18% of the population suffers from a particular disability and amongst them, 4% – 5% are experienced in the functioning of body parts. These people need to hold their daily activities smoothly. Rising population, increasing incidence of physical disabilities in people and risks of caregivers while manually handling patients are leading to have major market growth for the adoption of smart medical devices.

The report provides a comprehensive analysis of company profiles listed below: Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI, and others.

Recent News->

 In September 2022, Handicare offers an expanded portfolio, including the Garaventa Lift range of wheelchair platform lifts, as well as new and improved products, such as the 4000 curved stairlifts.

In May 2022, Invacare launched Birdie Evo XPLUS, an innovative patient lift solution for post-acute care settings. With its sleek and modern design, it provides innovative technology that helps maximize comfort and security when lifting or transferring a patient to or from a bed, chair or floor.

In March 2022, Stryker launched the Multi-Position MATS Mobile Air Transfer System, that prevents patients from sliding during tilt procedures and protect nurses during pre- and post-surgical lateral transfers.

The study report offers a comprehensive analysis of Patient Handling Equipment Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Patient Handling Equipment Market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Patient Handling Equipment Market will be able to gain the upper hand as they use the report as a powerful resource.

Patient Handling Equipment Market by Type, 2023-2028, (In USD Million)

Ceiling Lifts

Steel And Wheelchair Lifts

Mobile Lifts

Sit-To-Stand Lifts, Bath And Pool Lifts

Medical Beds

Mobility Devices

Stretchers And Transport Chairs

Patient Handling Equipment Market by Application, 2023-2028, (In USD Million)

Acute & Critical Care

Long Term Care

Mobility Assistance

Fall Prevention

Others

Scope of this Report:
• This report segments the global Patient Handling Equipment market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.

• The report helps stakeholders understand the pulse of the Patient Handling Equipment market and provides them with information on key market drivers, restraints, challenges, and opportunities.

• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.

Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)

The Table Of Content For The Patient Handling Equipment Market Include:

  1. Executive Summary
  2. Patient Handling Equipment Market Characteristics
  3. Patient Handling Equipment Market Trends And Strategies
  4. Patient Handling Equipment Market – Macro Economic Scenario

5 Patient Handling Equipment Market Size And Growth

……

  1. Patient Handling Equipment Market Competitive Landscape And Company Profiles
  2. Key Mergers And Acquisitions In The Patient Handling Equipment Market
  3. Patient Handling Equipment Market Future Outlook and Potential Analysis
  4. Appendix

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Patient Handling Equipment Market Size/Share worth USD 689 Billion by 2028 at an 2.5% CAGR: Exactitude Consultancy (Analysis, Research, Leaders, Report 2023, Forecast, Segmentation, Growth Rate)

Patient Handling Equipment Market
    Patient Handling Equipment Market

“The global Patient Handling Equipment market is projected to grow at a CAGR of 2.5% from 2023 to 2028. In 2022 he was $18.6 billion and is expected to exceed $689 Billion by 2028.”

Exactitude Consultancy Research’s new report, Global Patient Handling Equipment Market Size, Share, Price, Trends, Growth, Analysis, Report and Forecast 2023-2028. It provides analysis and statuses the market based on segments such as products, end-uses and key regions.

Patient handling equipment sales growth was supported by the following factors:

Increase in aging population

Technology development to improve ergonomics and comfort

Increasing interest in implementing security rules and manual processing methods by government agencies

Due to the high incidence of chronic diseases and other diseases, more andmore elderly patients were hospitalized.

Increase in patients with disabilities

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Our Free Sample Report Consists of the following:

An introduction, overview and detailed industry analysis are all included in the updated report for 2022.

COVID-19 pandemic outbreak impact analysis is included in the package

120+ page research report (including the latest research)

Provide a detailed chapter-by-chapter description of the application

Updated regional analysis with graphical representations of size, shares and trends in 2022

Includes updated tables and figures

The latest version of the report includes top market players, their business strategies, sales volume and revenue analysis

Report Scope

Report Coverage Details
Market Size USD 689 billion by 2028
Growth Rate 2.5% of CAGR
Largest Market North America
Market Dynamics Drivers, Restraints, Opportunities & Challenges
Forecast Period 2023-2028
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Product type, Application, Distribution Channel, And Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Highlights Updated financial information / product portfolio of players
Key Market Opportunities Increased sales of off-the-shelf and online products
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Competitive Landscape

A few globally established players dominate the market, including Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI. Key strategies of the Patient Handling Equipment Market players include strategic partnerships, collaborations, and acquisitions. Industry players are also involved in improving the company’s distribution network by entering into strategic agreements with various distributors.

Instance Developments->

In December 2020, Arjo acquired AirPal to support its portfolio in patient handling. Furthermore, the launch of products like Sara, Flex, and IndiGo in 2020 showcased the company’s innovative capabilities.

In May 2021, Hill-Rom participated in the fire-side chat in the UBS Global Healthcare Virtual Conference to support its healthcare business.

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Patient Handling Equipment Market Regional Insights   

Its major share is occupied by North America, Europe and Asia Pacific region. North America shares 45% of total market.

Complete growth Report of Patient Handling Equipment Market-> https://exactitudeconsultancy.com/reports/2461/patient-handling-equipment-market/

Company Profile:

The company profile provides information on where the company is headquartered, year it was founded, number of employees, regions in which the company operates, and key business areas.

Product Benchmark:

Product benchmarks include comprehensive product listings for each market along with applications and key features.

Strategic Initiative:

Insights into the company’s new product launches, strategic collaborations, mergers and acquisitions, regulatory approvals, and other developments in the market are featured in the Strategic Initiatives section.

Key Benefits of the report:
✅ This study offerings the analytical representation of the global Patient Handling Equipment Market along with the current trends and future valuations to determine the pending investment revenues.
✅ This report provides information on key drivers, constraints, and opportunities along with an in-depth analysis of the global Patient Handling Equipment market share.
✅ The current market is quantitatively analyzed to highlight the global growth scenario of the Patient Handling Equipment market.
✅ Porter’s Five Forces Analysis shows the potential of buyers and suppliers in the market.
✅ The report offers an in-depth global Patient Handling Equipment market analysis based on the intensity of competition and how the competition will shape in the coming years.

The Patient Handling Equipment Market report answers the following questions:
✅ How much revenue will the Patient Handling Equipment Market generate by the end of the forecast period?
✅ Which market segment is expected to have the largest market share?
✅ What are the factors influencing the Patient Handling Equipment Market and what are their impacts?
✅ Which region currently holds the largest share of the overall Patient Handling Equipment Market?
✅ Which indicators are likely to stimulate the Patient Handling Equipment Market?
✅ What are the key strategies adopted by key players in the Patient Handling Equipment Market to expand their geographic footprint?
✅ What are the key advancements in the Patient Handling Equipment Market?
✅ How do regulatory standards affect the Patient Handling Equipment Market?

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Patient Handling Equipment Market (CAGR 2.5%) | Industry, Revenue Share, Drivers & Trends Analysis by Exactitude Consultancy

The Patient Handling Equipment Market report will help you discover potential markets for new product launches and the best way to distribute a certain product. To understand all the above aspects, a formal management approach is taken to do the same.

The global patient handling equipment market is full of established players. These players call shots in the market. The technology used in the patient handling equipment market is unique and requires a long-term research and development plan that is efficiently executed.

“The Patient Handling Equipment Market is currently valued at USD 12.8 Billion and is projected to grow at a compound annual growth rate (CAGR) of 2.5% during the forecast period. By 2028, the market is projected to reach $ 18.6 billion.”

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Recent News->

Invacare launched AVIVA RX and AVIVA FX wheelchairs for maximum comfort and safety also they are suitable for indoor and outdoor use.

Stryker has launched the ProCuity Bed Series, which is the first wireless bed that helps in reducing patient falls with all acuity levels with connecting to nurse systems.

The key players in the Patient Handling Equipment market include ->

Key players include Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI, and others.

The Patient Handling Equipment market is segmented into->

Patient Handling Equipment Market by Type, 2019-2028, (In USD Million)

Ceiling Lifts

Steel And Wheelchair Lifts

Mobile Lifts

Sit-To-Stand Lifts, Bath And Pool Lifts

Medical Beds

Mobility Devices

Stretchers And Transport Chairs

Patient Handling Equipment Market by Application, 2019-2028, (In USD Million)

Acute & Critical Care

Long Term Care

Mobility Assistance

Fall Prevention

Others

Research Methodology

This report provides detailed qualitative and quantitative analysis of the global Patient Handling Equipment market. Detailed analysis and research was done during the preparation of the report. Various approaches have been used to gather vital data on the global Patient Handling Equipment market. Top-down and bottom-up approaches are used to measure the market and analyze key regional markets, dynamics, and growth trends of various segments and end-users.

Secondary research was conducted to identify growth trends based on requirements. Secondary sources cited in this research include press releases, company annual reports, research reports, trade publications, trade publications, government websites and associations, and are reviewed for accurate data collection. It’s been reviewed. We also extract quantitative and qualitative data from paid databases such as Reuters, Factiva, Bloomberg, OneSource, Hoover’s, etc. to aid in-depth technology market research. All market assessments and forecasts are verified by primary research. We interviewed various industry experts including managers, VPs, CEOs and other experts. We also conducted basic interviews with players in this market to validate the data collected in our approach.

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COVID-19 Impact Analysis

The COVID-19 pandemic had a significant impact on the global Patient Handling Equipment market in 2020. The COVID-19 outbreak has affected many aspects, including flight cancellations, travel ban and quarantines, restaurant closures, and restrictions on all indoor and outdoor events. Lockdowns and health emergencies have been declared in more than 50 countries, severely eroding business confidence, deepening public panic and increasing uncertainty about the future. All these situations have severely affected production, supply chains, transportation, imports and exports and other market activities. This report provides detailed information on the direct and indirect impacts of the pandemic on the market.

Competitive landscape

This section focuses on presenting a detailed analysis of the product portfolio, financial overview, regional presence, growth strategy, SWOT analysis and highlighting the major competitors of the market. In addition, the report covers key strategic developments of major market players such as mergers and acquisitions, new product launches, agreements, partnerships, collaborations and joint ventures, research and development, products and geographic expansions.

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Key benefits of this market study:

  • Industry drivers, constraints and opportunities covered in the study
  • A neutral view of market performance
  • Current industry trends and developments
  • Competitive environment and strategies of major players
  • Identification of potential and niche segments and regions with promising growth horizons
  • Historical, current and projected market size in terms of value

Table of Contents: Patient Handling Equipment Market

  1. Introduction
  2. Market segmentation
  3. Summary
  4. Premium Insight
  5. Market overview
  6. Serving the global Patient Handling Equipment market
  7. Global Patient Handling Equipment Market by Data Center Type
  8. Global Patient Handling Equipment Market by Deployment Mode
  9. Global Patient Handling Equipment Market by Organization Size

Ten Global Patient Handling Equipment Market by Application

11 Global Patient Handling Equipment Market by Industry

  1. Global Patient Handling Equipment Market: Company Status
  2. SWOT analysis
  3. Company Profile
  4. Questionnaire
  5. Related Reports 

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Patient Handling Equipment Market 2022 Opportunity Analysis, Driving growth and Development forecast to 2028

Patient Handling Equipment Market
Patient Handling Equipment Market

The global patient handling equipment market is projected to reach USD 18.6 billion by 2028 from USD 12.8 billion in 2021, at a CAGR of 2.5% during the forecast period.

Exactitude Consultancy, offers 2022 Report for Patient Handling Equipment Market. Patient handling Equipment  provide mobility for patients who are physically challenged and lack strength or body control. Technologically improved, intelligent medical devices help patients sit, walk and stand, giving mobility to body movements. It also reduces the risk of complications such as skin tears, chest infections and pressure sores. It later found applications in intensive care units, nursing homes, hospitals and other medical centers around the world.

Patient handling and transfer includes the use of medical equipment that allows patients to be treated safely and discreetly. The increasing number of handicapped people worldwide is driving the market for patient handling equipment. According to WHO, about 18% of the population suffers from certain disorders, of which 4-5% experience some functioning of the body?

The evolution of new technologies and rising demand for healthcare services are attributed to improving the balance in patients’ health.

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Recent Developments->

Getinge have designed to connect medical devices, integrate with patient data and provide technically improved insights and deliver those to the right decision-makers in various manner.

Invacare has launched the AVIVA RX and AVIVA FX wheelchairs that offer maximum comfort and safety. Moreover, it is suitable for indoor and outdoor use.

 Stryker has launched his ProCuity bed series. This is the first wireless bed that connects to your care system to help reduce falls for patients of all acute levels.

Regional Share->

North America accounts for 45% of the total market. After that, Europe and Asia Pacific account for 24% and 23% of the global market respectively.

Some key Patient Handling Equipment Market players are Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI, and others.

Market Trends:  Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Patient Handling Equipment Market Segmentation:

Patient Handling Equipment Market by Type, 2019-2028, (In USD Million)

Ceiling Lifts

Steel And Wheelchair Lifts

Mobile Lifts

Sit-To-Stand Lifts, Bath And Pool Lifts

Medical Beds

Mobility Devices

Stretchers And Transport Chairs

Patient Handling Equipment Market by Application, 2019-2028, (In USD Million)

Acute & Critical Care

Long Term Care

Mobility Assistance

Fall Prevention

Others

See more on the report at:

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The Report’s Table of Contents includes
1.  Summary

  1. Characteristics of the Patient Handling Equipment Market
  2. Market trends and strategies for Patient Handling Equipment
  3. Impact of COVID-19 on car care products

Five. Market size and growth of Patient Handling Equipment

…… 27. Competitive Environment and Company Profiles in the Patient Handling Equipment Market

  1. Major mergers and acquisitions in the Patient Handling Equipment Market
  2. Future Outlook and Potential Analysis of Patient Handling Equipment Market

30 appendix

This report covers the trends and market dynamics of the Patient Handling Equipment Market in the key countries of Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and US. The report also includes consumer research and various future opportunities of the Market.

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Patient Handling Equipment Market Size, Share and Manufacture Development, Top Key Players, Forecast Market Analysis: 2021-2027

Global “Patient Handling Equipment Market” (2021-2027) current status and development prospects of a pin-point analysis for shifting competition dynamics and a forward-looking view on various variables driving or inhibiting market growth. The Disposable Lenses Market report provides a detailed analysis of the market’s size, share, growth potential, and future prospects. This research contains all of the necessary details to comprehend the most recent industry spending trends in the Patient Handling Equipment market, as well as the growth patterns of each sector and area. The report examines the performance of the Patient Handling Equipment Market in terms of volume and revenue, and this is an important element to consider.

During the forecast period, between 2021 and 2027, the worldwide Patient Handling Equipment market is expected to grow at a significant rate. The market was expanding steadily in 2021, and with major players adopting more tactics, the market is likely to rise during the forecast period.

The Patient Handling Equipment Market is expected to register a CAGR of 7.2% over the forecast period 2021 – 2027

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Top Key Players: Arjo, Invacare Corporation, Handicare, Stryker, Hill-Rom, Investor, Prism Medical, Getinge Group, Guldmann, Stiegelmeyer

Segment by Type:

Patient Transferring and Repositioning Equipment

Mobilizing Equipment

Lifting Equipment

Bath Safety Equipment

Others

Segment by Application:

Home Care Settings

Hospitals

Elderly Care Facilities

Others

Regional Analysis:

The Patient Handling Equipment market report covers companies functional in market spread across regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The regional analysis of the market can be found in the market research report. The North American market has several key players functioning in the United States, Canada, and Mexico. Europe has companies in the market across Germany, France, Spain, Italy, and the United Kingdom. The market of the Middle East, Africa, and other regions has also been studied by analysts. A detailed analysis of the market across India, China, and Japan in the Asia-Pacific region is also available for further study.

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Table of content:

  • Report Overview
  • Market Trends and Competitive Landscape
  • Segmentation of Market by Types
  • Segmentation of Market by End-Users
  • Market Analysis by Major Regions
  • Product Commodity of Patient Handling Equipment Market in Major Countries
  • North America Patient Handling Equipment Landscape Analysis
  • Europe Patient Handling Equipment Landscape Analysis
  • Asia Pacific Patient Handling Equipment Landscape Analysis
  • Latin America, Middle East & Africa Patient Handling Equipment Landscape Analysis
  • Major Players Profile

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The report covers the following objectives:

  • The allover market’s proliferation and maturation of trade
  • The global Patient Handling Equipment market’s market share, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and upcoming market trends and conditions that are influencing the growth opportunities and growth rate.
  • The worldwide Patient Handling Equipment market feasibility analysis, fresh market insights, company profiles, investment return, revenue (value), and consumption (volume) are all included.

Customization:

All of the aforementioned segmentation in this study is represented at the nation level, all products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

 

To conclude, the Patient Handling Equipment report mentions the key geographies, market landscapes alongside the product price, revenue, volume, production, supply, demand, market growth rate analysis, and forecast. This study also includes a SWOT analysis, a feasibility analysis, and a return-on-investment analysis.

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Patient Handling Equipment Market Growth 2021 Along with Business Insights and Forecast to 2027

Global Patient Handling Equipment Market, it offers comprehensive analysis with presentable graphs, charts and tables. This report covers the in-depth study of the Patient Handling Equipment Status, growth and share, trends, consumption, segments, application and Forecast 2027. With qualitative and quantitative analysis, we help you with detailed and complete research on the market. This report has been ready by experienced and cultured market analysts and researchers.

The Patient Handling Equipment Market is expected to register a CAGR of 7.5% over the forecast period 2021 – 2027.

Each section of the research study is specially set to explore key aspects of the global Patient Handling Equipment Market. Buyers of the report will have access to exact PESTLE, SWOT and other types of analysis on the market. Moreover, it offers highly exact estimations on the CAGR, market share, and market size of key regions and countries.

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Here are the Key players in the market for Patient Handling Equipment: Arjo, Invacare Corporation, Handicare, Stryker, Hill-Rom, Investor, Prism Medical, Getinge Group, Guldmann, Stiegelmeyer

On the basis of product types, the Global Patient Handling Equipment market from 2021 to 2027 is primarily split into:

Patient Transferring and Repositioning Equipment

Mobilizing Equipment

Lifting Equipment

Bath Safety Equipment

Others

On the basis of applications, the Global Patient Handling Equipment market from 2021 to 2027 covers:

Home Care Settings

Hospitals

Elderly Care Facilities

Others

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Regional Outlook of Patient Handling Equipment Market:

North America, Europe, Japan, China, India, Korea, Southeast Asia, South America, the Middle East, and African nations are among the major regions examined in this study. Production capacity, utilization ratio, consumer base, demand and supply scenario, profit margin, and Patient Handling Equipment Market geographical presence are estimated based on production capacity, utilization ratio, consumer base, demand and supply scenario, profit margin, and Market geographical presence.

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Table of Contents:

Global Patient Handling Equipment Market Research Report 2021

Chapter 1 – Market Overview

Chapter 2 – Industry’s Global Economic Impact

Chapter 3 – Manufacturers’ Global Market Competition

Chapter 4 – Revenue (Value) by Region for Global Productions

Chapter 5 – By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 – Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 – Manufacturing Cost Analysis

Chapter 9 – Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 – Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Patient Handling Equipment Market Forecast

Key Questions Answered in the report:

Q 1. How much revenue is estimated to be generated by the Market between 2021 and 2027?

Q 2. By the conclusion of the forecast period, which product segment is likely to be in the lead?

Q 3. What are the primary growth tactics employed by major businesses in order to remain competitive and overcome the economic downturn and COVID -19?

Q 4. What are the main categories within the Market, and how and when are they expected to expand in sales?

Q 5. What’s next, which sections of the Market are expected to enlarge, and what possibilities exist?

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Patient Handling Equipment Market Growing Technology Trends and Business Opportunities by 2025-Invacare Corporation; Hill-Rom Holdings Inc

Patient Handling Equipment Market Report 2021: New Business Ideas and Perceptions

The Global Patient Handling Equipment Market Report 2021-2025 provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, restraints, and competitive landscape that are playing a substantial role in the Patient Handling Equipment market. The increasing consumer demand & spending on Patient Handling Equipment market is expected to drive the enormous growth over the forecast years. The comprehensive Patient Handling Equipment market Report will help clients to comprehend the market ups-downs and numerous different angles.

The global patient handling equipment market reached a value of nearly $14,230.0 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.9% since 2015. The market is expected to grow from $14,230.0 million in 2020 to $23,070.0 million in 2025 at a rate of 10.1%.

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Global Patient Handling Equipment Market: Segmentation Analysis-

The Global Patient Handling Equipment Market is Segmented on the basis of Patient Handling Equipment Size, Material, Patient Handling Equipment Type, And Geography.

Patient Handling Equipment Market, By Type-

Wheelchairs; Mobility Scooters; Medical Beds; Patient Transfer Equipment;

Patient Handling Equipment Market, By Application-

Homecare; Hospitals; Others

Key Players In Patient Handling Equipment Market-

Invacare Corporation; Hill-Rom Holdings Inc; ArjoHuntleigh Inc; Joerns Healthcare LLC; Handicare Group AB

Industry News On Patient Handling Equipment market-

The patient handling equipment market is segmented by product type into wheelchairs, mobility scooters, medical beds, patient transfer equipment, and others. The medical beds was the largest segment of the patient handling equipment market segmented by product type, accounting for 45.8% of the total in 2020. Going forward, the patient transfer equipment segment is expected to be the fastest growing segment in the patient handling equipment market segmented by product type, at a CAGR of 26.2% during 2020-2025.

The patient handling equipment market is also segmented by care type into critical care, fall prevention, bariatric care, wound care and other care. The critical care market was the largest segment of the patient handling equipment market segmented by care type, accounting for 41.1% of the total in 2020. Going forward, wound care segment is expected to be the fastest growing segment in the patient handling equipment market segmented by care, at a CAGR of 12.7% during 2020-2025.

The patient handling equipment market is also segmented by end-user into homecare, hospitals, and other end users. The other end user market was the largest segment of the patient handling equipment market segmented by end user, accounting for 37.6% of the total in 2020. Going forward, it is expected to be the fastest growing segment in the patient handling equipment market segmented by end-user, at a CAGR of 11.1% during 2020-2025.

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Patient Handling Equipment Market, By Geography-

  • North America
  • Europe
  • Asia pacific
  • Rest of the world

Our Patient Handling Equipment market analysis also concludes a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with the SWOT analysis.

Reasons to Purchase this Report-

  • Includes an in-depth analysis of the Patient Handling Equipment market of various perspectives through Porter’s five forces analysis.
  • Provides insight into the Patient Handling Equipment market through Value Chain Analysis.
  • Patient Handling Equipment Market dynamics scenario, along with growth opportunities of the market in the years to come.
  • 6-month post-sales analyst support.

Here’s how Market Insights Reports helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Patient Handling Equipment market through the forecast period.

This factor leads to the estimation of the Patient Handling Equipment market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Patient Handling Equipment market that will help the stakeholders to be aware of the current investment scenario across the market.

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Patient Handling Equipment Market Size, Share, Analysis, Demand and Forecast 2020 to 2022

The Global Patient Handling Equipment Market report is a comprehensive analysis of different market factors and conditions that can decide the growth of the market. The Patient Handling Equipment report is a valuable source of information to different individuals and organizations that are interested in either entering the Patient Handling Equipment industry or in identifying new and innovative methods of increasing the revenue earned. These trends are categorized based on their popularity and are presented in the report. The Patient Handling Equipment market is further divided into different market segments.

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Patient handling equipments have been developed to make patient movement simple and safe. The healthcare industry is filled with different kinds of patient handling equipments. And there is a constant need for new developments in these equipments, resulting into more types of equipments. These patient handling equipments can be placed under four types that include wheelchairs and scooters; medical beds; mechanical and non-mechanical equipments and ambulatory beds. Besides these equipments, some other types of patient handling equipments are also there in the market such as transfer belts, medical bed accessories, etc.

Top Leading Companies are:

Hill-Rom, Getinge AB, Invacare, and Handicare.

Patient Handling Equipment Market by Type:

Intracorporeal Lithotripsy
Extracorporeal Lithotripsy

Patient Handling Equipment Market by Application:

Kidney Stones
Biliary Duct Stones
Others

Global Patient Handling Equipment Market, by Region:

North American healthcare industry is going through various trends such as rising number of medical device companies, increasing share of ageing population in the total populace, increasing incidences of road accidents, and obesity cases. Wheelchairs and scooters market in North America is majorly bringing up the growth of overall patient handling equipment market. The Europe and North America patient handling equipment market is expected to grow in future due to increasing ageing population, obese population, rise in healthcare expenditure, increasing disposable income, rising cases of spinal cord injuries, and growing urbanization

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Further in the Patient Handling Equipment Market research reports, following points are included along with in-depth study of each point:

1.Production Analysis– Production of the Patient Handling Equipment is analyzed with respect to different regions, types and applications. Here, price analysis of various Patient Handling Equipment Market key players is also covered.

2.Supply and Consumption– In continuation with sales, this section studies supply and consumption for the Patient Handling Equipment Market. This part also sheds light on the gap between supple and consumption. Import and export figures are also given in this part.

3.Key Strategic Developments– The study also includes the key strategic developments of the Patient Handling Equipment market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a global and regional scale

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Global Patient Handling Equipment Market Share, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024

The research report on Patient Handling Equipment Market now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market Share, commercialization aspects and revenue estimation of this business. The report further elucidate es the status of leading industry players thriving in the competitive spectrum of the Patient Handling Equipment Market.

Prominent industries involved in patient handling equipment market are Besco Medical Co., Ltd, Getinge AB, Hill-Rom Holdings, Inc., Invacare Corporation, Malvestio S.P.A., Medline Industries, Inc., Paramount Bed Co., Ltd., Span-America Medical Systems, Inc. and Stryker. These prominent business players focus on strategies such as mergers, new product launch and acquisitions to strengthen market position. For instance, in July 2015, Stryker announced acquisition of Muka Metal, A.S., a developer of medical beds, stretcher and other equipment. This acquisition will enable the company to expand its geographic outreach and broaden its product portfolio for long-term growth in future.

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Rising geriatric population will drive patient handling equipment market growth in upcoming years. Elderly people are more prone to injuries due to falling as their frailty level is high. Aging population coupled with increasing incidence of injury due to falling will drive the need for patient handling equipment, thereby fostering industry growth.

Increasing burden of disabled population will escalate demand for patient handling equipment. According to World Health Organization (WHO), about 15% of the world population lives with some form of disabilities. Disabled people require patient handling equipment for their activities of daily living. Increasing number of disabled people will drive industry growth during the forecast period.

Medical beds segment accounted for largest revenue of USD 2,961.1 million in 2017. Availability of wide range of medical beds for different application such as labor management, treating patients suffering from dementia are major factors for its growth. Improved design to provide maximum comfort to patients will favor segmental growth in the future.

Mobility assistance segment contributed to largest revenue of USD 3,123.8 million in 2017 owing to rising prevalence of obesity. According to World Health Organization (WHO), about 1.9 billion adults were overweight in 2016. Increasing burden of obesity will escalate demand for patient handling equipment that assist in mobility of patients in healthcare centers, thus propelling segmental growth.

Hospitals segment accounted for largest revenue of USD 5,119.7 million in 2017. High growth rate is attributable to presence of technologically advanced patient handling equipment. Availability of well-trained and skilled healthcare personnel offering care to geriatric and disabled patients will support segmental growth during the projected timeframe.

Germany dominated European region with market share of 22.2% during 2017. High growth rate is attributable to rising number of disabled people. According to German Federal Statistical Office, in 2017, around 7.8 million German people were living with severe disabilities. Growing burden of disabled people across the projected timeframe will favor regional growth in the future.

Japan dominated Asia Pacific region with market share of 38.5% in 2017, owing to increasing burden of geriatric population. As per Internal Affairs Ministry survey, about 2.06 million people in Japan aged above 90 years and approximately 11.9% people aged above 60 years. Large number of geriatric populaces will lead to increased demand for patient handling equipment, favoring regional growth in the forecast timeline.

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Report Content

 

Chapter 1.  Methodology

 

1.1. Methodology

 

1.2. Market definitions

 

1.3. Forecast parameters

 

1.4. Data sources

 

1.4.1.  Secondary

 

1.4.1.1. Paid sources

 

1.4.1.2. Unpaid sources

 

1.4.2.  Primary

 

Chapter 2.  Executive Summary

 

2.1. Patient handling industry 360 degree synopsis, 2013 – 2024 (USD Million)

 

2.1.1.  Business trends

 

2.1.2.  Product trends

 

2.1.3.  Application trends

 

2.1.4.  End-use tends

 

2.1.5.  Regional trends

 

Chapter 3.  Patient Handling Equipment Industry Insights

 

3.1. Industry segmentation

 

3.2. Industry landscape, 2013 – 2024

 

3.3. Industry impact forces

 

3.3.1.  Growth drivers

 

3.3.1.1.  Escalating incidence of disabilities

 

3.3.1.2.    Rising geriatric population

 

3.3.1.3.  Risk of injuries to caregivers during manual handling of patients

 

3.3.1.4. Implementation of regulations ensuring safety of healthcare personnel against manual lifting of patients

 

3.3.2.  Industry pitfalls & challenges

 

3.3.2.1. Insufficient training provided to caregivers to operate patient handling equipment

 

3.3.2.2. Difficulties in manual handling of bariatric patients

 

3.4. Growth potential analysis

 

3.4.1.  By product

 

3.4.2.  By application

 

3.4.3.  By end-use

 

3.5. Regulatory landscape

 

3.5.1.  U.S.

 

3.5.2.  Europe

 

3.6.  Porter’s analysis

 

3.7.  Competitive landscape, 2017

 

3.7.1.  Strategy dashboard

 

3.8.  PESTEL analysis

 

Chapter 4.  Patient Handling Equipment Market, By Product

 

4.1. Key segment trends

 

4.2. Wheelchairs and scooters

 

4.2.1.  Market size, by region, 2013-2024 (USD Million)

 

4.3. Medical beds

 

4.3.1.  Market size, by region, 2013-2024 (USD Million)

 

4.4. Bathroom safety supplies

 

4.4.1.  Market size, by region, 2013-2024 (USD Million)

 

4.5. Mechanical and transfer equipment

 

4.5.1.  Market size, by region, 2013-2024 (USD Million)

 

4.6. Ambulatory aids

 

4.6.1.  Market size, by region, 2013-2024 (USD Million)

 

4.7. Others

 

4.7.1.  Market size, by region, 2013-2024 (USD Million)

 

Chapter 5.  Patient Handling Equipment Market, By Application

 

5.1. Key segment trends

 

5.2. Acute and critical care

 

5.2.1.  Market size, by region, 2013-2024 (USD Million)

 

5.3. Long term care

 

5.3.1.  Market size, by region, 2013-2024 (USD Million)

 

5.4. Mobility Assistance

 

5.4.1.  Market size, by region, 2013-2024 (USD Million)

 

5.5. Fall Prevention

 

5.5.1.  Market size, by region, 2013-2024 (USD Million)

 

5.6. Others

 

5.6.1.  Market size, by region, 2013-2024 (USD Million)

 

Chapter 6.  Patient Handling Equipment Market, By End-Use

 

6.1. Key segment trends

 

6.2. Hospitals

 

6.2.1.  Market size, by region, 2013-2024 (USD Million)

 

6.3. Home Care Settings

 

6.3.1.  Market size, by region, 2013-2024 (USD Million)

 

6.4. Elderly Care Facilities

 

6.4.1.  Market size, by region, 2013-2024 (USD Million)

 

6.5. Others

 

6.5.1.  Market size, by region, 2013-2024 (USD Million)

 

Chapter 7.  Patient Handling Equipment Market, By Region

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