Global Patient Handling Equipment Market Size, Forecasts, And Opportunities
Learn about the global patient handling equipment market through The Business Research Company, which provides information on patient handling equipment market size, patient handling equipment market drivers and restraints, patient handling equipment market players, the COVID-19 impact on the patient handling equipment market, and more.
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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%.
Increasing geriatric population profile of most countries are expected to drive innovation in patient handling equipment manufacturing, thus driving the market during the forecast period.
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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.
Global patient handling equipment market segments include:
By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others
By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others
By End-User: Homecare, Hospitals, Biopharmaceutical And Pharmaceutical Companies, Research Institutes, And Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s patient handling equipment market report covers:
Major Market Players: 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, and Joerns Healthcare LLC.
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)
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, leading competitor revenues, profiles and market shares.
TBRC’s 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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