Patient Handling Equipment Market 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 Patient Handling Equipment Market by Maximize Market Research provides detailed overview of the Patient Handling Equipment Market. The Report. Helps to understand the Patient Handling Equipment Market dynamics in detail. Region wise market forecasting & Industry rivalry are the key highlights of the report. The segment insights in the report help to get the knowledge of the Patient Handling Equipment market potential in each segment.
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Patient Handling Equipment Market Report Scope and Research Methodology
The market report includes an in-depth segment-wise and region-wise analysis of drivers, restraints, growth opportunities and upcoming challenges in the Patient Handling Equipment industry. The report helps in planning the Patient Handling Equipment market strategies which are suitable and appropriately applicable according to specific countries and regions. To obtain accurate details of the Patient Handling Equipment industry, both primary and secondary research were employed.
The data has been collected by using primary and secondary research methods to obtain accurate inferences for the Patient Handling Equipment Market report. Primary Data was collected from the experts in the industry. Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Patient Handling Equipment industry along with paid and free databases. To estimate the segment wise, regional and global Patient Handling Equipment Market size, bottom-up approach was used.
Patient Handling Equipment Market Regional Insights
By Region, the Patient Handling Equipment market is categorised into several region including North America, Europe, Asia Pacific, South America and Middle East and Africa. The section highlights the country wise leading markets.
Patient Handling Equipment 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.
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Patient Handling Equipment Market Key Players
• Hill-Rom Holdings Inc.
• Invacare Corporation
• Drive divibliss healthcare Inc.
• ETAC AB
• GF Health Products, Inc.
• Handicare group AB
• Joerns Healthcare LLC
• Medline Industries
• Prism Medical UK
• Stiegelmeyer GmbH & Co. KG
• Malvestio Spa
• EZ Way, Inc.
• Ossenberg GmbH
• Antano Group
• Airpal Inc.
• Getinge AB
• Paramount Bed Co. Ltd.
• Sunrise Medica
• Hill-Interson Corporation
• Scintica Instrumentation, Inc
• Leltek, Inc.
• Lepu Medical Technology
• Edan Instruments, Inc.
Key questions answered in the Patient Handling Equipment Market are:
- What is Patient Handling Equipment ?
- What are the global trends in the Patient Handling Equipment Market?
- What are the upcoming industry applications and trends for the Patient Handling Equipment Market?
- What is the expected demand for different types of products in the Patient Handling Equipment Market during the forecast period?
- How is the regulatory scenario is shaping the Patient Handling Equipment Market?
- Who are the leading companies and what are their portfolios in Patient Handling Equipment Market?
- What are the major challenges that the Patient Handling Equipment Industry could face in the future?
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- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segment, sub-segment and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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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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