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Patient Handling Equipment Market

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3 years ago

Patient Handling Equipment Market By Type (Wheelchairs And Scooters, Medical Beds, Bathroom Safety Supplies, Mechanical Lifting Equipment And Non-mechanical Lifting Equipment, Ambulatory Aids, Other Accessories), By End User (Hospitals, Clinics And Nursing Homes, Academic And Research Institutions, Rehabilitation And Elderly Care Centers) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026

"Patient handling equipment market to exhibit lucrative growth during the forecast period"

The global patient handling equipment market is increasing significantly, was valued at US$ 10,600.1 Mn in 2017 and expected to reach US$ 24,364.3 Mn by 2026. Increasing emergency procedures, trauma, growing commonness of disabilities, injuries among the elderly, and faster p...

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2 years ago

Global Patient Handling Equipment Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope
This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Patient Handling Equi...

Delivery Time

1 business day

Patient Handling Equipment Market

Patient handling equipment is a rapidly growing market in the healthcare industry, as it is regarded as critical in providing adequate patient care. Patient handling equipment has become more sophisticated as technology has advanced, providing improved comfort and safety to both patients and healthcare providers.

 

Patient-handling equipment is a critical component of the healthcare industry, and its market is expected to expand significantly in the coming years. The aging population and the growing number of people with disabilities are the primary drivers of market growth.

 

There are many different types of patient-handling equipment on the market, ranging from simple bedpans to complex motorized lifts. Lift chairs, patient transfer devices, and mobile lifts are the most common types of patient-handling equipment.

 

In developed countries such as the United States, Canada, and Western Europe, the Patient Handling Equipment Market is growing at a moderate rate. The growing geriatric population, the rising prevalence of chronic diseases, and the implementation of stringent safety regulations by government bodies are driving the growth of this market. Furthermore, the presence of well-established healthcare infrastructure and reimbursement policies in these regions supports the market.

 

During the forecast period, the Asia Pacific patient handling equipment market is expected to grow at the fastest CAGR. China, Japan, India, South Korea, and Australia are all part of this region. This market's expansion can be attributed to factors such as rising disposable incomes, a thriving medical tourism industry, and increased patient safety awareness among healthcare providers.

 

Hill-Rom Holdings Inc., Invacare Corporation, Koninklijke Philips N.V., Medline Industries Inc., and Stryker Corporation are the market leaders in patient handling equipment.

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