Global Patient Handling Equipment Market is Projected to reach USD 12.6 Billion by 2024 from USD 8.9 Billion in 2019, at a CAGR of 7.2% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 14, 2020--
The “Patient Handling Equipment Market by Type (Wheelchairs, Mobility Scooters, Medical Beds (Electric Beds), Patient Transfer Device (Lift (Ceiling Lifts), Slings, Slide Sheets), Stretchers), End User (Hospitals, Home Care settings) - Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
High risk of injuries to caregivers during the manual handling of patients to drive market growth.
The growth of this market is largely driven by factors such as the rising geriatric population, high risk of injuries to caregivers during the manual handling of patients, and the implementation of regulations ensuring the safety of healthcare personnel during manual lifting processes. On the other hand, the persistent difficulties in handling bariatric patients are expected to limit market growth to a certain extent.
Patient lifts segment is expected to grow at the highest CAGR during the forecast period.
Based on type, the patient transfer devices market is segmented into patient lifts, slings, sliding sheets, air-assisted lateral transfer mattresses, and accessories. The patient lifts segment is expected to grow at the highest CAGR in the forecast period. The growth of this market is largely driven by factors such as the increasing installation of ceiling lifts in hospitals, increasing bariatric population, and the growing adoption of ceiling lifts in bariatric patient handling practices
The electric bed’s segment is expected to grow at the highest CAGR during the forecast period.
Based on type, the medical beds market is segmented into manual, electric, and semi-electric beds. The electric bed’s segment is expected to grow at the highest CAGR in the forecast period. The benefits of electric beds over manual beds such as it helps to reduce risks & pressure damage and reduce bedsores in bedridden patients are some of the major factors expected to propel the growth of this market.
APAC to grow at the highest CAGR during the forecast period.
The market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. Factors such as the increasing incidence of MSD-caused injuries to caregivers, growth in the elderly population, healthcare infrastructure improvements, and the increasing prevalence of chronic diseases are the major factors driving market growth in the Asia Pacific.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants in this market and provide information on the closest approximations of the revenue numbers for the overall patient handling equipment market and its subsegments. This report will help the stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and to plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and provide information on key market drivers, restraints, opportunities, and challenges.
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Markets Covered
1.4 Years Considered for the Study
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Data Triangulation
3 Executive Summary
4 Premium Insights
4.1 Patient Handling Equipment Market Overview
4.2 Patient Transfer Devices Market, By Type
4.3 Wheelchairs & Mobility Scooters Market, By Type, 2019 vs 2024 (USD Million)
4.4 European Market, By Country & End User (2018)
5 Market Overview
6 Patient Handling Equipment Market, By Type
6.2 Patient Transfer Devices
6.3 Medical Beds
6.4 Mobility Devices
6.5 Bathroom & Toilet Assist Equipment
6.6 Stretchers & Transport Chairs
7 Patient Handling Equipment Market, By End User
7.3 Home Care Settings
7.4 Other End Users
8 Patient Handling Equipment Market, By Region
8.3 North America
8.4 Asia Pacific
8.5 Rest of the World
9 Competitive Landscape
9.2 Market Ranking Analysis, 2018
9.3 Competitive Leadership Mapping
9.4 Competitive Scenario
10 Company Profiles
10.2 Hill-Rom Holdings, Inc.
10.3 Invacare Corporation
10.4 Stryker Corporation
10.5 Drive Divilbiss Healthcare, Inc.
10.6 ETAC AB
10.7 Gf Health Products, Inc.
10.8 Guldmann, Inc.
10.9 Handicare Group AB
10.10 Joerns Healthcare LLC.
10.11 Medline Industries, Inc.
10.12 Prism Medical UK
10.14 Stiegelmeyer GmbH & Co. Kg
10.16 Malvestio SPA
10.17 Ez Way, Inc.
10.18 Ossenberg GmbH
10.19 Antano Group
10.20 Airpal, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/m6vptj
View source version on businesswire.com:https://www.businesswire.com/news/home/20200114005468/en/
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INDUSTRY KEYWORD: MANAGED CARE HEALTH
SOURCE: Research and Markets
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PUB: 01/14/2020 08:31 AM/DISC: 01/14/2020 08:31 AM