Press release
Patient Handling Equipment Market Research Report Analysis, Size, Share, Growth and Trends Till Forecast 2030
The market crossed the US$ 15.06 billion mark in 2022 and is expected to hit US$ 23.32 billion by 2030, recording a CAGR of 5.50% during the forecast period.An increase in the obese population is one of the major factors for chronic and other types of severe disorders that might need patient handling equipment during hospitalization. For instance, according to United Nations, more than 1 billion people worldwide are obese, including 650 million adults, 340 million adolescents and 39 million children. Additionally, WHO estimates that by 2025, approximately 167 million people will become less healthy because they are overweight or obese.
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increasing obesity, the utility of patient transfer device is estimated to increase, and the patient handling equipment market is expected to witness significant growth during the forecast period. Further, other segment such as medical beds is also expected to gain traction during the forecasted year.
The rise in the development and innovations of new products directly boosts the effective utilization of patient handling equipment. High risk of injuries to caregivers, rising geriatric population, increasing hospitalization rate, and the implementation of regulations ensuring the safety of healthcare personnel are other significant factors leading to an increase in the use of patient handling equipment.
Major key players covered in this Patient Handling Equipment Market report:
Arjo
Hill-Rom Holdings Inc.
Invacare Corporation
Stryker
Drive divibliss healthcare, Inc.
ETAC AB
GF Health Products, Inc.
Guldmann,Inc.
Handicare group AB
Getinge AB
Product:
Mobility Devices
Patient Transfer Devices
Mechanical Lifting
Medical Beds
Others
Mode:
Mechanical Equipment
Non-Mechanical Equipment
Application:
Acute & Critical Care
Long Term Care
Mobility Assistance
Fall Prevention
Others
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Patient Handling Equipment Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
Major Key Points of Patient Handling Equipment Market
• Patient Handling Equipment Market Overview
• Patient Handling Equipment Market Competition
• Patient Handling Equipment Market, Revenue and Price Trend
• Patient Handling Equipment Market Analysis by Application
• Company Profiles and Key Figures in Patient Handling Equipment Market
• Market Dynamics
• Methodology and Data Source
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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape Patient Handling Equipment market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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