Patient Handling Equipment Market

Patient Handling Equipment Market is valued at USD 7.76 Billion in 2020 and expected to reach USD 13.85 Billion by 2028 with a CAGR of 7.5% over the forecast period.

Patient Handling Equipment Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028: Increasing work-related musculoskeletal disorders and incidences of disabilities are the major factors driving the growth of the Global Patient Handling Equipment Market.

Scope of Global Patient Handling Equipment Market Report-

Patient handling equipment is a newer and safer method of transferring patients than floor lifts. It uses a series of ceiling tracks and an electrical lift motor to lift and transfer a patient to varied locations. Caregiver guides the patient along the track rather than pushing patient with a lift along the floor. There are various types of products such as slings, slide sheets, hoists, turntables and transfer boards. Also, the various sorts of handling equipments are often classified into four major categories like transport equipment, positioning equipment, unit load formation equipment and storage equipment. Patient handling equipment is developed to make moving patients easier and safer. It reduces the risk of injury for both healthcare workers and patients while improving the quality of patient care. Use of lifting equipment is essential to a successful safe patient handling program and it reduced exposure to manual lifting injuries by up to 95%.

Global Patient Handling Equipment Market is segmented on the basis of product, type of care, end-user and by regional & country level. Based on product, global patient handling equipment market is classified into wheelchair, scooter, beds, bathroom safety, mechanical and ambulatory. Based upon type of care, the market is classified into bariatric, fall, critical, wound, accessory, lifting and transfer. Based upon end-user, global patient handling equipment market is classified as homecare, hospitals, elderly care homes and others.

The regions covered in this patient handling equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of patient handling equipment is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2022 - 2028
Market Size in 2020:	USD 183.26 Billion
Base year considered	2021
Forecast Period CAGR %:	16.32%
Market Size Expected in 2028:	USD 614.19 Billion
Tables, Charts & Figures:	175
Pages	200
Patient Handling Equipment Companies	Stryker Corporation, Hill-Rom Holdings Inc., Invacare Corporation, Prism Medical, Guldmann Inc., Getinge Group, Handicare, Linet Spol. S.R.O., Stiegelmeyer & Co. GmBH, Joerns Healthcare, Other
Segments Covered	By Product, By Type of Care, By End User
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

 

Global Patient Handling Equipment Market Dynamics–

Increasing work-related musculoskeletal disorders and incidences of disabilities are the major factors expected to drive the growth of global patient handling equipment market. According to WHO; musculoskeletal conditions are the leading contributor to disability worldwide. The number of disabilities is increasing due to the increase in chronic diseases, fall, violence, injuries, accidents and aging. According to the World Health Organization (WHO), approximately 15% of the world’s population has some form of disability. According to The Centers for Disease Control and Prevention 6 in 10 Adults in the US has a chronic disease.  In addition, the growing number of elderly care homes & hospitals is also fostering the growth of market within the forecast period. Furthermore, growing aging-related neurological diseases such as stroke, Alzheimer’s disease, Parkinson’s disease, and dementia are increasing in prevalence rates which are also supplementing the market growth. According to a report by the Alzheimer’s Association, more than 5 million Americans are living with alzheimer's and this number is projected to rise to nearly 14 million by 2050. However, lack of trained professionals and less of proper use of lifting equipment may hamper the growth of the global patient handling equipment market. Moreover, increasing technological advancements and private institutional nursing may create opportunities for the further growth of the patient handling equipment market.

Global Patient Handling Equipment Market Regional Analysis–

The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to the rising healthcare expenditure and growing population in countries like India and China in this region. In addition, increasing advancements in research development initiative, high population growth rate and improving healthcare infrastructure are drawing medical devices’ manufacturers to develop manufacturing sites in these countries. According to Organisation for Economic Co-operation and Development(OECD), in high income Asia-Pacific countries, the share of population aged over 65 years is expected to double to reach and  on average  27.6% in 2050, whereas the share of population aged over 80 years is expected to triple between 2015-2050 to reach 10.2%. North America is expected to show a significant growth in the global patient handling equipment market due to increasing geriatric population, increasing prevalence of work-related musculoskeletal disorders, chronic and lifestyle associated diseases and increasing demand for home healthcare in this region. In addition, the patient handling equipment market is growing due to presence of large number of healthcare facilities, trained professionals and demand for better services along with supportive regulations for patient safety in this region.

Global Patient Handling Equipment Market Segmentation:

By Product

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

By Type of Care 

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

By End User 

• Homecare
• Hospitals
• Elderly Care Homes
• Others

Patient Handling Equipment Market key Players:

Patient handling equipment market report covers prominent players,

• Stryker Corporation
• Hill-Rom Holdings Inc.
• Invacare Corporation
• Prism Medical
• Guldmann Inc.
• Getinge Group
• Handicare
• Linet Spol. S.R.O.
• Stiegelmeyer & Co. GmBH
• Joerns Healthcare
• Others

Regional & Country Analysis

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Key Benefits for Patient Handling Equipment Market Report–

• Global Market report covers in depth historical and forecast analysis.
• Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Market report helps to identify opportunities in market place.
• Global Market report covers extensive analysis of emerging trends and competitive landscape.