The size of the patient handling equipment market was estimated at USD 13.94 billion in 2023, and it is anticipated that total revenue from patient handling equipment will increase by 4% between 2024 and 2030, to reach over USD 18.35 billion.
Patient Handling Equipment Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Patient Handling Equipment Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Patient Handling Equipment market, with forecasts outspreading to the year 2030.
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Patient Handling Equipment Market Scope and Methodology:
The market research report Patient Handling Equipment provides comprehensive details on important factors, including those anticipated to drive the industry's growth and impending obstacles. Stakeholders will have a solid understanding of the investment potential in the Patient Handling Equipment market, the industry's competitive environment, and the products pushed by well-known brands. The research examines the sector's qualitative and quantitative aspects. Part of what the MMR probe looks into is a thorough analysis of the competition for the Patient Handling Equipment Market.
A lengthy list of needs is included in the study, along with a detailed explanation for each. When creating the Patient Handling Equipment Market, a wide range of primary and secondary information sources were taken into account, including official government documents, websites, annual reports, and expert and professional comments.
Patient Handling Equipment Market Regional Insights
In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the Patient Handling Equipment market conditions in various nations thanks to the research's regional analysis. The Patient Handling Equipment market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.
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Patient Handling Equipment Market Segmentation
by Product
Medical Beds
Wheelchair
Scooter
Bathroom Safety
Mechanical
Ambulatory
Depending on the product, Medical beds held a substantial market share for patient handling equipment in 2022. The growing usage of handling equipment in long-term acute care facilities, trauma centers, nursing homes, hospitals, and home care can be blamed for this growth. Furthermore, the shift in preferences away from conventional beds and consequently the rise in demand are due to medical bed improvements such bed frames, adjustable angles, and support surfaces for comfort and ease of mobility.
by Type of Care
Wound
Bariatric
Fall
Critical
Accessory
Lifting
Transfer
Due to the rising incidence of medical conditions such burns, venous leg ulcers, diabetic ulcers, critical, acute, and chronic wounds, pressure ulcers, and surgical injuries, wound care was ranked as a key category in 2023 based on the Type of Care. Additionally, in the years to come, the market is anticipated to grow due to advanced wound care management technologies such negative-pressure wound therapy, bioengineered tissue, hyperbaric oxygen therapy, and stem cell treatment.
by End User
Hospitals
Homecare
Elderly Care Homes
Others
Considering the End User, Hospitals lead the end-use sector in 2023 due to the increasing adoption rate of patient handling equipment for patients' and caregivers' medical safety. Furthermore, the factor propelling the market expansion is the growing adoption of safety regulations and the pressure from the government to abide by these suggestions.
Patient Handling Equipment Market Key Players
1.Hill-Rom Holdings Inc. (US)
2.Invacare Corporation (US)
3.Sunrise Medical (US)
4.EZ Way, Inc., (US)
5.GF Health Products, Inc. (US)
6.Joerns Healthcare LLC, (US)
7.Medline Industries, Inc. (US)
8.Gendron,Inc. (US)
9.Hill-Interson Corporation (US)
10.Stryker (US)
11.Guldmann,Inc (US)
12.Scintica Instrumentation, Inc. (Canada)
13.Savaria (Canada)
14.Drive DeVilbiss International (Germany)
15.Stiegelmeyer GmbH & Co. KG (Germany)
16.Ossenberg GmbH (Germany)
17.ETAC AB (Sweden)
18.Handicare group AB (Sweden)
19.Getinge AB (Sweden)
20.Arjo (Sweden)
21.Antano Group (Italy)
22.Paramount Bed Co. Ltd. (Japan)
23.Lepu Medical Technology (China)
24.Edan Instruments (China)
25.Leltek, Inc. (Taiwan)
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Key questions answered in the Patient Handling Equipment Market are:
- What is Patient Handling Equipment?
- What was the Patient Handling Equipment market size in 2023?
- What is the growth rate of the Patient Handling Equipment Market?
- Which are the factors expected to drive the Patient Handling Equipment market growth?
- What is the CAGR at which the Patient Handling Equipment market will grow during the forecast period?
- What are the different segments of the Patient Handling Equipment Market?
- Which is the fastest growing region in the Patient Handling Equipmentmarket?
- What growth strategies are the players considering to increase their presence in Patient Handling Equipment?
- What are the upcoming opportunities and trends for the Patient Handling Equipment Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Patient Handling Equipment Market?
- Who are the leading companies and what are their portfolios in Patient Handling Equipment Market?
- What segments are covered in the Patient Handling Equipment Market?
- Who are the key players in the Patient Handling Equipment market?
Get to know about details summary of the report: https://www.maximizemarketresearch.com/market-report/global-patient-handling-equipment-market/9497/
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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