The Global Patient Handling Equipment Market Report by The Business Research Company covers patient handling equipment market drivers and restraints, patient handling equipment market size, major players, and the impact of COVID-19 on the patient handling equipment market.
The patient handling equipment market consists of sales of patient handling equipment and related services by entities (organizations, sole traders and partnerships) that manufacture patient handling equipment. They are used for specific lifting, transfer and movement of patients. Patient handling equipment is an assistive device that helps home care and hospital settings for transferring patients between chairs, beds, and other places.
Increasing geriatric population profile of most countries contribute to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment.
The global patient handling equipment market is expected to grow from $14.23 billion in 2020 to $15.57 billion in 2021 at a compound annual growth rate (CAGR) of 9.4%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The patient handling equipment market is expected to reach $23.07 billion in 2025 at a CAGR of 10%.
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Some patient handling equipment market trends include increasing geriatric population profile of most countries contributing to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment.
Global patient handling equipment market segments include:
1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others.
2) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others.
3) By End-User: Homecare, Hospitals, Others.
4) By End-User: Biopharmaceutical And Pharmaceutical Companies, Research Institutes.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Patient Handling Equipment Global Market Report 2021: COVID-19 Implications And Growth To 2030 is one of a series of new reports from The Business Research Company that provides patient handling equipment market overviews, analyzes and forecasts market size, share, patient handling equipment market players, patient handling equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The patient handling equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Patient Handling Equipment Global Market Report 2021: COVID-19 Implications And Growth To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: ArjoHuntleigh Inc. Hill-Rom Holdings Inc., Invacare Corporation, Stryker Corporation, Drive Divilbiss Healthcare Inc., ETAC AB, Gf Health Products Inc., Guldmann Inc., Handicare Group AB, Joerns Healthcare LLC., Medline Industries Inc., Prism Medical UK, Linet, Stiegelmeyer GmbH & Co. Kg, Savaria, Malvestio SPA, Ez Way Inc., Ossenberg GmbH, Antano Group, Airpal Inc., McAuley Medical, Mangar International Ltd., PARAMOUNT BED CO. LTD., Lojer Oy, SM Scientific Instruments, Prism Medical, Benmor Medical Ltd., Sidhil Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The patient handling equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The patient handling equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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