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. The equipment is used for specific lifting, transfer, and movement of patients.
The global patient handling equipment market reached a value of nearly $14,230.0 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.9% since 2015. The market is expected to grow from $14,230.0 million in 2020 to $23,070.0 million in 2025 at a rate of 10.1%. The market is then expected to grow at a CAGR of 7.9% from 2025 and reach $33,699.9 million in 2030.
Improvements in healthcare infrastructure across the globe is supporting growth of the patient handling equipment market. Improved healthcare setup will help in effective implementation of government health plans, thus leading to increased healthcare access. Many countries are making effort for improving healthcare infrastructure through various models such as public private partnership.
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Some patient handling equipment market trends include adopting several strategies to update their products through advanced technologies such as IoT sensors. Moreover, smart wheelchairs are a key trend gaining popularity in the patient handling equipment market. A smart wheelchair is a power wheelchair fitted with sensors, cameras, and a computer-based system as the main processing unit, allowing it to handle complex tasks.
Global patient handling equipment market segments include:
1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others
2) By End-User: Homecare, Hospitals, Others
3) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others
4) 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 Opportunities And Strategies: Forecast 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 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 Opportunities And Strategies: Forecast 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: Invacare Corporation. Hill-Rom Holdings Inc., ArjoHuntleigh Inc., Joerns Healthcare LLC, Handicare Group AB
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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