Global Patient Handling Equipment Market Size, Trends, and Growth Opportunity, By Mode (Mechanical Equipment, Non-Mechanical Equipment), By Product Type (Medical Beds, Patient Repositioning Equipment, Mobility Aid, Bathroom Safety, Ambulatory Aids), By Type of Care (Long Term Care, Bariatric Care, Acute and Critical Care, Wound Care, Fall Prevention, Others), End User (Hospital, Home Care Settings, Elderly Care Facilities, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR1001572 | Industries : Healthcare | Published On :June 2024 | Page Count : 245
Global Patient Handling Equipment Market Size, Trends, and Growth Opportunity, By Mode (Mechanical Equipment, Non-Mechanical Equipment), By Product Type (Medical Beds, Patient Repositioning Equipment, Mobility Aid, Bathroom Safety, Ambulatory Aids), By Type of Care (Long Term Care, Bariatric Care, Acute and Critical Care, Wound Care, Fall Prevention, Others), End User (Hospital, Home Care Settings, Elderly Care Facilities, Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Patient Handling Equipment Market
Global Patient Handling Equipment Market was valued at USD 8.7 billion in 2021 and is expected to reach USD 15.1 billion by 2027, at a CAGR of 6.23% from 2022-2027.
Patient handling equipment is certainly used to move, support, and transfer body parts or a person conveniently in healthcare facilities. Many innovative ways can help in choosing the right patient-handling equipment for the safe handling of patients and reducing risks of injuries to caregivers.
Market Drivers
The rising emphasis on regulations and guidelines for manual handling by the government and many organizations and the adoption of safety guidelines are projected to provide the patient-handling equipment market with lucrative growth opportunities in the future.
Furthermore, the growing prevalence of disabilities and an increase in the geriatric population is anticipated to drive the patient-handling equipment market over the forecast period of 2027. The number of handicapped patients is growing due to the rapid spread of chronic illnesses. Disabled people require this patient-handling equipment to carry out their daily tasks. The demand for the patient handling equipment market is expected to rise significantly due to an increase in incidences of disability.
Market Restraints
Effective training programs are needed to raise knowledge about safe patient handling and to enable caregivers to operate transfer devices properly. A restricted number of training sessions are being provided to caregivers because of the cost-cutting strategies adopted in hospitals throughout several countries. This is because of the high initial cost of equipment and upkeep, which includes training fees, and many healthcare organizations cannot afford the required patient-handling equipment.
Additionally, the lack of skilled professionals & less awareness among people shall restrain the growth rate of the market during the forecast period.
Market Segmentation
The global patient handling equipment market is segmented into the mode, product type, type of care, end user, and region.
Based on product type, the patient-handling equipment market is segmented into mobility aid, medical beds, patient repositioning equipment, ambulatory aids, and bathroom safety.
Regional Analysis
The global patient handling equipment market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the patient handling equipment market because of the presence of advanced as well as well-established healthcare infrastructure in this region. Additionally, the rising prevalence of chronic diseases will boost the market's growth rate in this region.
Key Players
Various key players are discussed in the global patient handling equipment market report including Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Getinge Group; Guldmann, Inc., Stiegelmeyer, Inc., Benmor Medical Ltd., Sidhil, Ltd., ArjoHuntleigh, Inc., Etac Ltd., Joerns Healthcare, Inc., Handicare, Inc., Mangar International Ltd., Linet Americas, Inc., and Prism Medical Ltd.
For instance, in March 2020, Invacare launched AVIVA FX Power Wheelchair. The AVIVA brand offered a distinct look & best-in-class design, technology, and performance. The AVIVA FX Power Wheelchair provides current front-wheel drive users with a high-performance chair that represents a significant advancement in front-wheel drive power mobility.
Market Taxonomy
By Mode
• Mechanical Equipment
• Non-Mechanical Equipment
By Product Type
• Medical Beds
• Patient Repositioning Equipment
• Mobility Aid
• Bathroom Safety
• Ambulatory Aids
By Type of Care
• Long Term Care
• Bariatric Care
• Acute and Critical Care
• Wound Care
• Fall Prevention
• Others
By End User
• Hospital
• Home Care Settings
• Elderly Care Facilities
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Patient Handling Equipment Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Patient Handling Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Patient Handling Equipment Market, By Mode
5.1 Y-o-Y Growth Comparison, By Mode
5.2 Global Patient Handling Equipment Market Share Analysis, By Mode
5.3 Global Patient Handling Equipment Market Size and Forecast, By Mode
5.3.1 Mechanical Equipment
5.3.2 Non-Mechanical Equipment
6 Global Patient Handling Equipment Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Patient Handling Equipment Market Share Analysis, By Product Type
6.3 Global Patient Handling Equipment Market Size and Forecast, By Product Type
6.3.1 Medical Beds
6.3.2 Patient Repositioning Equipment
6.3.3 Mobility Aid
6.3.4 Bathroom Safety
6.3.5 Ambulatory Aids
7 Global Patient Handling Equipment Market, By Type of Care
7.1 Y-o-Y Growth Comparison, By Type of Care
7.2 Global Patient Handling Equipment Market Share Analysis, By Type of Care
7.3 Global Patient Handling Equipment Market Size and Forecast, By Type of Care
7.3.1 Long Term Care
7.3.2 Bariatric Care
7.3.3 Acute and Critical Care
7.3.4 Wound Care
7.3.5 Fall Prevention
7.3.6 Others
8 Global Patient Handling Equipment Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Patient Handling Equipment Market Share Analysis, By End User
8.3 Global Patient Handling Equipment Market Size and Forecast, By End User
8.3.1 Hospital
8.3.2 Home Care Settings
8.3.3 Elderly Care Facilities
8.3.4 Others
9 Global Patient Handling Equipment Market, By Region
9.1 Global Patient Handling Equipment Market Share Analysis, By Region
9.2 Global Patient Handling Equipment Market Share Analysis, By Region
9.3 Global Patient Handling Equipment Market Size and Forecast, By Region
10 North America Patient Handling Equipment Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Patient Handling Equipment Market Share Analysis, By Mode
10.3 North America Patient Handling Equipment Market Size and Forecast, By Product Type
10.4 North America Patient Handling Equipment Market Size and Forecast, By Type of Care
10.5 North America Patient Handling Equipment Market Size and Forecast, By End User
10.6 North America Patient Handling Equipment Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Patient Handling Equipment Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Patient Handling Equipment Market Share Analysis, By Mode
11.3 Europe Patient Handling Equipment Market Size and Forecast, By Product Type
11.4 Europe Patient Handling Equipment Market Size and Forecast, By Type of Care
11.5 Europe Patient Handling Equipment Market Size and Forecast, By End User
11.5 Europe Patient Handling Equipment Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Patient Handling Equipment Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Patient Handling Equipment Market Share Analysis, By Mode
12.3 Asia Pacific Patient Handling Equipment Market Size and Forecast, By Product Type
12.4 Asia Pacific Patient Handling Equipment Market Size and Forecast, By Type of Care
12.5 Asia Pacific Patient Handling Equipment Market Size and Forecast, By End User
12.6 Asia Pacific Patient Handling Equipment Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Patient Handling Equipment Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Patient Handling Equipment Market Share Analysis, By Mode
13.3 Latin America Patient Handling Equipment Market Size and Forecast, By Product Type
13.4 Latin America Patient Handling Equipment Market Size and Forecast, By Type of Care
13.5 Latin America Patient Handling Equipment Market Size and Forecast, By End User
13.6 Latin America Patient Handling Equipment Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Patient Handling Equipment Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Patient Handling Equipment Market Share Analysis, By Mode
14.3 Middle East Patient Handling Equipment Market Size and Forecast, By Product Type
14.4 Middle East Patient Handling Equipment Market Size and Forecast, By Type of Care
14.5 Middle East Patient Handling Equipment Market Size and Forecast, By End User
14.6 Middle East Patient Handling Equipment Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Stryker Corporation
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Hill-Rom Holdings, Inc.
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Invacare Corporation
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Getinge Group
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Guldmann, Inc.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Stiegelmeyer, Inc.
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Benmor Medical Ltd.
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Sidhil, Ltd.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 ArjoHuntleigh, Inc.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Etac Ltd.
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies