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Patient Handling Equipment Market Worth USD 17.6 Billion By 2029 Key Opportunities And Strategies For Forecast period

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Patient Handling Equipment Market Worth USD 17.6 Billion By 2029 Key Opportunities And Strategies For Forecast period

December 07
04:35 2022
Patient Handling Equipment Market Worth USD 17.6 Billion By 2029 Key Opportunities And Strategies For Forecast period
Patient Handling Equipment Market
Patient Handling Equipment Market size was valued at USD 12.9 Bn. in 2021 and the total Patient Handling Equipment revenue is expected to grow by 4 % from 2022 to 2029, reaching nearly USD 17.6 Bn.

Pune, 6th, December 2022: Maximize Market research, the global Information Technology & Telecommunication business intelligence firm has published a market intelligence report on The Patient Handling Equipment Market and the report is available for purchase now.

Patient Handling Equipment Market Scope 

The Patient Handling Equipment study includes a quantitative analysis of market size, pricing, M&A, demand, and supply chain, as well as investment and growth plans by key competitors and predictions. The five forces model by Porter explains how buyers and suppliers from supplier-buyer networks make profit-driven decisions. The current potential of the Patient Handling Equipment Market is analyzed via extensive research and segmentation. The research will give investors a comprehensive view of the industry’s future, as well as the factors that are expected to have a positive or negative impact on the business. 

The study provides a comprehensive overview of the market for those who want to invest. This analysis includes the history and present situations for the Patient Handling Equipment Market, as well as forecast market data. The report’s extensive study of key competitors, including market leaders, followers, and new entrants, covers every element of the market. The study includes strategic profiles of the top market participants, a thorough evaluation of their key competencies, and company-specific strategies for new product launches, growth, partnerships, joint ventures, and acquisitions.

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Global Patient Handling Equipment Market Overview

Patient handling is defined as lifting, lowering, holding, pushing, or dragging patients. Patient handling equipment is a type of mobility, disability, and rehabilitation device that is specifically designed to provide comfort and quality of sleep to hospitalized patients while also satisfying their other healthcare needs. These medical gadgets help the patient to be more flexible and relaxed. The key driving factors for the European patient-handling equipment market are an older population and an increase in the incidence of lifestyle illnesses.

Global Patient Handling Equipment Market Dynamics

According to the World Health Organization, an estimated 1.9 million patients suffered from some form of disability in 2018, with the number of disabled patients expected to rise to 2.83 million by 2030. The rising need for improved technical solutions in the medical industry, as well as the increased demand for equipment to treat patients following essential surgeries such as orthopedic, cardiac, and bariatric procedures, will drive the patient handling equipment market during the forecast period.

Most healthcare facilities cannot afford the required patient-handling equipment due to the high initial cost of equipment and upkeep, which often includes training fees. In the absence of adequate training, caregivers may gradually shift to manual handling as they get a better understanding of manual handling methods and may find it difficult to use patient lifting equipment. This will have an effect on the market for Patient Handling Equipment.

Global Patient Handling Equipment Market Regional Insights

North America is likely to dominate the Patient Handling Equipment market throughout the forecast period. The growing frequency of various musculoskeletal diseases, as well as the availability of improved healthcare infrastructure as compared to many other countries, are the key drivers fueling market growth in the United States.

Global Patient Handling Equipment Market Segmentation

By Product: 

  • Medical Beds
  • Wheelchair
  • Scooter
  • Bathroom Safety
  • Mechanical
  • Ambulatory

By  Type of Care : 

  • Wound
  • Bariatric
  • Fall
  • Critical
  • Accessory
  • Lifting
  • Transfer

By  End User : 

  • Hospitals
  • Homecare
  • Elderly Care Homes
  • Others

Global Patient Handling Equipment Market Key Competitors: 

  • Arjo
  • Hill-Rom Holdings Inc.
  • Invacare Corporation
  • Stryker
  • Drive divibliss healthcare, Inc.
  • GF Health Products, Inc.
  • Guldmann,Inc.,
  • Handicare group AB
  • Joerns Healthcare LLC,
  • Medline Industries,
  • Prism Medical UK,
  • Linet
  • Stiegelmeyer GmbH & Co. KG,
  • Savaria
  • Malvestio Spa
  • EZ Way, Inc.,
  • Ossenberg GmbH,
  • Antano Group,
  • Airpal Inc.
  • Getinge AB
  • Gendron,Inc.
  • Paramount Bed Co. Ltd.
  • Sunrise Medical
  • Pelstar
  • LLCArjo
  • Hill-Interson Corporation
  • Scintica Instrumentation, Inc.
  • Leltek, Inc.
  • Lepu Medical Technology
  • Edan Instruments
  • ReproScan

Key questions answered in the Global Patient Handling Equipment Market are: 

  • What is Global Patient Handling Equipment? 
  • What is the growth rate of the Global Patient Handling Equipment Market over the forecast period? 
  • What is the nature of competition in the Global Patient Handling Equipment industry in developed economies and developing economies? 
  • Who are the key players in the Global Patient Handling Equipment Market?
  • Who are the market leaders in Global Patient Handling Equipment in Europe?
  • Who are the market leaders in Global Patient Handling Equipment in USA and Canada?
  • Who are the market leaders in Global Patient Handling Equipment in India, China, Japan, and South Korea?
  • What are the factors affecting growth in the Global Patient Handling Equipment Market? 
  • Who held the largest market share in the Global Patient Handling Equipment Market? 
  • What are the factors for the growth of the Asia-Pacific region in the Global Patient Handling Equipment Market? 

For Detailed insights on this market, request for methodology here @ 

Key Offerings:

  • Market Share, market size & Forecast by Revenue | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Product, Type of Care, End User, and Region.
  • Competitive Landscape – Top Key players and Other Prominent Vendors

Maximize Market Research is leading research firm, has also published the following reports:

Patient Access Solutions Market – The patient Access Solutions Market size is expected to reach US$ 3.44 Bn. by the year 2029 at a CAGR of 9.01% during the forecast period. Increasing patient volume and subsequent growth in the demand for health insurance are trending in the overall Global Patient Access solutions market.

Patient Flow Management Solutions Market– The Patient Flow Management Solutions Market is expected to grow at a CAGR of 15.4% during the forecast period and the market size is expected to reach nearly US$ 2.85 Bn by 2029. Increased adoption of these solutions as compared to web-based and on-premises solutions is expected to fuel the market demand.

Healthcare Analytics Market – Healthcare Analytics Market is expected to reach USD 158.23 Billion by 2029 from USD 21.68 Billion in 2021 at a CAGR of 28.20 %. The rising need for less-cost healthcare facilities, high demand for efficient healthcare providers, increasing demand for precision medicines, rising clinical research, and safeguarding healthcare data are drivers for market growth.

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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