Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 927.1 Million | USD 2268.33 Million | 9.4% | 2023 |
According to Zion Market Research, the global Patient Lateral Transfer Market was worth USD 927.1 Million in 2023. The market is forecast to reach USD 2268.33 Million by 2032, growing at a compound annual growth rate (CAGR) of 9.4% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Patient Lateral Transfer Market industry over the next decade.
Lateral transfer is a repositioning support or system that makes it simple and secure to transfer patients laterally by reducing friction. Air assisted lateral transfer systems and sliding sheets are examples of lateral transfer devices. The air assisted lateral transfer devices employs an air cushion to shift patients laterally from one bed to another with minimal friction and effort, and without raising the patient. It is designed to support the patient and provide transfer assistance during the hospital stay.
Patient lateral aids in many ways, including reducing the risk of injury to staff or nurses during patient transfers, involving fewer nurses or staff, reducing the time required to move patients compared to standard of care, minimizing the effort required to transfer patients, and elevating the patient in one simple move. It also reduces pressure and shear forces on the patient's skin during patient transfers, resulting in a more relaxed and easy transfer experience.
The global corona virus outbreak has resulted in an increase in demand for patient lateral transfer services. The risk factor of musculoskeletal injuries to caregivers while manual patient handling, as well as the introduction of regulations to reduce manual patient handling, will drive growth in this sector. However, a major obstacle in this sector is a shortage of training for caregivers in the effective use of patient handling equipment. Coronavirus has spread to 215 countries and territories, affecting over 4.4 million people and killing almost 300,000 people. The rise in the incidence of hospitalizations due to the COVID-19 outbreak is expected to drive market growth during the forecast period. Because of the high rate of hospitalisation, the demand for patient lateral transfer devices in hospitals has increased. Many industry participants have seen an increase in sales as a result of increased demand for beds and lateral transfer devices.
Manual handling of disabled patients can cause serious musculoskeletal disorders to caregivers, as well as putting patients at risk of fractures, bruises, falls, and skin tears. Healthcare staff are statistically more vulnerable to infections and musculoskeletal injuries as they age. As per Occupational Safety and Health Administration (OSHA), about 34% of all injuries in the hospital workforce are linked to patient encounters and handling, with back injuries being the most common. During lateral transfer, caregivers are supposed to reach over the stretcher to the bed and physically lift the patient over onto a stretcher, thus increasing the risk of back injuries. As a result, the demand for lateral patient transfer devices has increased over the years to prevent accidents among caregivers, and this is expected to continue in the near future.
On the basis of product, the patient lateral transfer market is divided into three categories: air-assisted lateral transfer mattresses, accessories, and sliding sheets. In 2020, the air-assisted lateral transfer mattresses category had the largest market share. The benefits of these mattresses in resolving chronic problems when dealing with patients with special conditions account for a significant share of this segment.
The air-assisted lateral transfer mattresses type is divided into three categories: regular, half mattresses, and split-leg. The regular mattresses segment had the largest market share in 2020. The vast share of this category can be due to their widespread benefits and use in a variety of settings, including emergency settings, critical care, as well as operating theatres.
The end user segment is divided into hospitals, and ambulatory surgery centres, among other end users. In 2020, hospitals held the largest share of the patient lateral transfer market. This can be due to an increase in hospital patient admissions, an increase in the prevalence of multiple chronic disorders, and an increase in regulatory requirements on using safe patient transfer equipment.
Report Attributes | Report Details |
---|---|
Report Name | Patient Lateral Transfer Market |
Market Size in 2023 | USD 927.1 Million |
Market Forecast in 2032 | USD 2268.33 Million |
Growth Rate | CAGR of 9.4% |
Number of Pages | 110 |
Key Companies Covered | Stryker Corporation, Hill-Rom, Etac Group, Handicare Group, McAuley Medical, Inc., HoverTech International, Patient Positioning Systems LLC, Stryker Corporation (Sage Products LLC), and Getinge AB (ArjoHuntleigh) |
Segments Covered | By Mattress Types, By Mattress Usage, By End User and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
By Geography, the patient lateral transfer market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa.
North America dominated the patient lateral transfer market in 2020, followed by Europe and Asia Pacific. The large share of North America can be attributed primarily to the increasing number of COVID-19 cases, the rising prevalence of musculoskeletal disorders among caregivers, growth in geriatric population, and the increasing prevalence of chronic and lifestyle disorders. Because of its increasing geriatric population and environmental influences, the region has been severely affected by COVID-19, resulting in an enormous increase in demand for patient lateral transfer devices. Market players of the patient lateral transfer in the region are focusing on expanding their product line.
The Asia Pacific market is expected to expand at a fastest CAGR. The Asia Pacific market is primarily driven by growing awareness of the benefits of safe patient handling, a broad population base, geriatric population growth, and the rising prevalence of chronic diseases.
The major players in the global patient lateral transfer market include
Global Patient Lateral Transfer Market: Product Type Segment Analysis
Global Patient Lateral Transfer Market: Types Segment Analysis
Global Patient Lateral Transfer Market: Usage Segment Analysis
Global Patient Lateral Transfer Market: End-User Segment Analysis
Global Patient Lateral Transfer Market: Regional Segment Analysis
FrequentlyAsked Questions
By Geography, the patient lateral transfer market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa.
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