11-Nov-2024 | Zion Market Research
Patient Handling Equipment Market, estimating its value at USD 22.84 Billion in 2023, with projections indicating that it will reach USD 38.91 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2024-2032
The Patient Handling Equipment market report includes a comprehensive view and analysis on the global and regional levels. The report gives historic data of 2016 along with a forecast from 2024-2032 based on revenue (USD Billion). The study comprises drivers, restraints, and opportunities for the Patient Handling Equipment market along with the impact on the demand over the forecast period.
The report provides a complete view of the Patient Handling Equipment market and encompasses a detailed product portfolio and strategic developments of key vendors. To know the competitive landscape of the Patient Handling Equipment market, an analysis of Porter’s five forces model is incorporated in the study. The study covers market attractiveness analysis, in which type and application segments are analyzed based on the market size, growth rate, and attractiveness.
The study provides a decisive view on the patients handling equipment market by segmenting the market based on product type, end-user, and regions. All these segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. The product type market covered under this study includes bed frames, stretchers, wheelchairs & scooters, patient lifts and others. The end user based market covered under this study includes hospital, homecare, and others. This report also includes the current and forecast demand for the region of North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa.
The APAC market is estimated to grow at the very best CAGR during the forecast period. Factors like the increasing incidence of MSD-caused injuries to caregivers, growth within the elderly population, healthcare infrastructure improvements, and therefore the increasing prevalence of chronic diseases are the main factors driving market growth within the Asia Pacific. Several countries within the APAC have implemented policies for safe handling to stop caregiver injuries while transferring and lifting patients. Additionally, the general expansion of economies in India, China, and Southeast Asia has further compelled key industry players to take a position during this region due to the lucrative opportunities presented by this market.
The report present comprehensive competitive outlook with company profiles of the key players operating in the global market. The major players that are comprised in Patient Handling Equipment market are Hill-Rom Holdings Inc., Stryker Corporation, Getinge Group, Invacare Corporation, Guldmann Inc., Prism Medical Ltd., Joerns Healthcare LLC, LINET Group SE, Handicare, and Stiegelmeyer-Group are several dominating players in the global patient handling equipment market.
Browse the full “Patient Handling Equipment Market By Product Type (Bed Frames, Stretchers, Wheelchairs & Scooters, Patient Lifts, And Others) For Hospital, Homecare, And Other End User - Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/patients-handling-equipment-market
The global Patient Handling Equipment Market is segmented as follows:
By Product
By End User
By Region
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