Patient Handling Equipment MarketĀ is expected to reach US$ 14.94 Bn. by 2029 from US$ 12.41 Bn in 2021, at a CAGR of 2.35% during the forecast period.
Patient Handling Equipment Market Overview
The report also included an extensive, market-oriented, and commercial analysis of theĀ Patient Handling Equipment Market, utilizing a variety of research techniques. The analysis covered various aspects of the market, including region, revenue, financial status, portfolio, technological advancement adopted, and mergers and acquisitions. The growth prospects and future business outlooks of new entrants and existing players in theĀ Patient Handling EquipmentĀ market were also researched.
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Patient Handling EquipmentĀ Market Report Scope and Research Methodology
The research methodology employed in the report on theĀ Patient Handling EquipmentĀ market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.
The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of theĀ Patient Handling EquipmentĀ market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of theĀ Patient Handling EquipmentĀ market, which involves aggregating data from individual segments to arrive at a total market size estimate.
Patient Handling EquipmentĀ Market Dynamic
Patient handling tools are helpful gadgets that make it easier for patients to move between beds, chairs, and other locations in hospitals, nursing homes, and other medical facilities. Patient assistance tools are made to support patients who can move around a little but lack the strength to manage their motions. Safety for the carer, the patient, and rehabilitation objectives are the primary considerations when choosing mechanical devices for manual patient handling.
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Patient Handling EquipmentĀ Market Segmentation
Based on Product, Medical Beds held the largest market share in 2021, thanks to factors such the development of technology, notably in ICU beds, and an increase in the number of patients requiring critical care.
Due to multiple instances when mechanical lifts for the patient have led to a decrease in musculoskeletal injuries in the carers, which should be the main driver driving the growth of the market, mechanical and transfer equipment is predicted to grow at the higher pace in the forecast period.
By the user, Hospitals held the largest market share in 2021 as a result of an increase in the number of patients who needed critical care there. There has been a paradigm shift, and patients now favour home care environments over hospitals. Home care settings will experience the fastest growth during the projected period, which can be ascribed to improved patient comfort and lower costs.
A increasing patient population that required the assistance of wheelchairs and walking aids resulted in mobility assistance having the largest market share in 2021. On the other hand, greater reimbursement for the equipment is anticipated to increase throughout the projection period due to technical advancements in powered wheelchairs.
Patient Handling EquipmentĀ Market Key Players
ā¢ Arjo
ā¢ Hill-Rom Holdings Inc.
ā¢ Invacare Corporation
ā¢ Stryker
ā¢ Drive divibliss healthcare Inc.
ā¢ ETAC AB
ā¢ GF Health Products, Inc.
ā¢ Guldmann,Inc.
ā¢ Handicare group AB
ā¢ Joerns Healthcare LLC
ā¢ Medline Industries
ā¢ Prism Medical UK
ā¢ Stiegelmeyer GmbH & Co. KG
ā¢ Savaria
ā¢ Malvestio Spa
ā¢ EZ Way, Inc.
ā¢ Ossenberg GmbH
ā¢ Antano Group
ā¢ Airpal Inc.
ā¢ Getinge AB
ā¢ Gendron,Inc.
ā¢ Paramount Bed Co. Ltd.
ā¢ Sunrise Medica
ā¢ Pelstar
ā¢ Hill-Interson Corporation
ā¢ Scintica Instrumentation, Inc
ā¢ Leltek, Inc.
ā¢ Lepu Medical Technology
ā¢ Edan Instruments, Inc.
ā¢ ReproScan
Patient Handling EquipmentĀ Market Regional Insights
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts.
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Key questions answered in theĀ Patient Handling EquipmentĀ Market are:
- What isĀ Patient Handling Equipment?
- What are the factors driving theĀ Patient Handling EquipmentĀ Market growth?
- What are the factors are limiting theĀ Patient Handling EquipmentĀ Market growth?
- What was theĀ Patient Handling EquipmentĀ market size in 2021?
- Which trends are expected to generate additional revenue for theĀ Patient Handling EquipmentĀ market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for theĀ Patient Handling EquipmentĀ Market?
- What growth strategies are the players considering to increase their foothold in theĀ Patient Handling EquipmentĀ Market?
- Who held the largest market share in theĀ Patient Handling EquipmentĀ Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022ā2029
- Market Dynamics ā Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation ā A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape ā Profiles of selected key players by region from a strategic perspective
- Competitive landscape ā Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTERās analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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