Key Takeaways
- According to recent data, 1 out of 3 adults in the European Union (EU) are estimated to have a chronic disease. Further, multi-morbidity is reported most in older patients. The rising prevalence of chronic diseases coupled with an increasing elderly population drives market demand.
- One of the major Europe hospital stretchers market trends is the rising product launches of technologically advanced transport solutions. In September 2023, Stryker Corporation introduced Prime Connect Smart Stretcher, a connected, smart hospital stretcher that can prevent patient falls in hospitals.
- In Europe, the prevalence of obesity is increasing sharply, with the United Kingdom having one of the highest obesity rates, affecting nearly 27.8% of the population. This is expected to increase the demand for bariatric stretchers in the region.
Europe Hospital Stretchers Market Analysis
Hospital stretchers find their application in healthcare facilities, mainly for transporting patients requiring medical attention. Efficient transport solutions are crucial in hospitals to minimize delays and improve patient outcomes. The rising adoption of advanced stretcher designs such as specialty stretchers and bariatric stretchers to accommodate diverse patient populations and medical needs is expected to drive the Europe hospital stretchers market growth.The increased prevalence of various chronic diseases in the region is leading to a greater patient influx in the healthcare settings, which is fuelling the demand for healthcare services including hospital stretchers. According to recent data, 1 out of 3 adults in the European Union (EU) are estimated to have a chronic disease. Further, the growing aging population also influences the market dynamics, with multi-morbidity (having two or more chronic diseases) reported most commonly in older patients. Thus, the rising prevalence of chronic diseases coupled with an increasing elderly population are likely to augment the Europe hospital stretchers market demand.
The presence of key market players actively engaged in the development of innovative products also propels market growth in the region. Stryker Corporation is one such leading medical technology company, with 16 manufacturing, and research and development facilities in Europe. In September 2023, the company launched its Prime Connect Smart Stretcher, the smart and connected hospital stretcher that can prevent patient falls in hospitals at the Emergency Nursing 2023 event. The stretcher features visual and audible bed exit alarms and also enables wireless real-time communication of vital patient information with the healthcare staff through a protocol management dashboard called Vision. The launch of such technologically advanced transport devices is anticipated to elevate Europe hospital stretchers market value in coming years,
In Europe, the prevalence of obesity is increasing sharply, with the United Kingdom having one of the highest obesity rates, affecting nearly 27.8% of the population. Bariatric stretchers are needed for the transportation of obese individuals in ambulances and hospitals. Some of these medical stretchers can even carry a patient of 750 pounds, indicating their ability to transport patients of all sizes. The rising prevalence of obesity is expected to increase the demand for bariatric stretchers, thereby influencing the market dynamics.
Europe Hospital Stretchers Market Segmentation
Market Breakup by Product Type
- Adjustable Stretchers
- Fixed Height Stretchers
- Bariatric Stretchers
- Radiographic Stretchers
- Others
Market Breakup by Technology
- Motorized Stretchers
- Non-Motorized Stretchers
Market Breakup by Application
- Intra-Hospital
- Pediatric Care
- Emergency Department
- Radiology Department
- Other Applications
Market Breakup by Country
- United Kingdom
- Germany
- France
- Italy
Europe Hospital Stretchers Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:- Stryker
- HILLROM & WELCH ALLYN
- Royax
- Advanced Instruments Holdings Ltd.
- AneticAid
- Arjo
- Guldmann UK
- LINET
- Earlybird Venture GmbH
- MAC’s MEDICAL GROUP
FAQs
What is the Europe hospital stretchers market forecast outlook for 2024-2032?The Europe hospital stretchers market is expected to be driven by the rising demand for the global hospital stretchers market, which is anticipated to grow at a CAGR of 5.37% during the forecast period of 2024-2032 and is likely to reach a market value of USD 4.6 billion by 2032.
What are the major factors aiding the Europe hospital stretchers market demand?
The growing geriatric and bariatric population size along with increasing expenditure in healthcare are fuelling the demand for the market.
What are the major Europe hospital stretchers market trends?
One of the significant trends in the market is the rising product launches of technologically advanced transport solutions. In September 2023, Stryker Corporation introduced Prime Connect Smart Stretcher, a smart hospital stretcher that can prevent patient falls in hospitals.
What is the market segmentation based on product type?
Based on the product type, the market is segmented into adjustable stretchers, fixed height stretchers, bariatric stretchers, and radiographic stretchers, among others.
What is the market breakup by technology?
By technology, the market is divided into motorized stretchers and non-motorized Stretchers.
What are the applications of the market?
Major applications of the market include intra-hospital, pediatric care, emergency department, radiology department, and other applications.
What is the market segmentation by countries?
The market segmentation by countries includes the United Kingdom, Germany, France, and Italy.
Who are the key players involved in the Europe hospital stretchers market?
The key players in the market are Stryker, HILLROM & WELCH ALLYN, Royax, Advanced Instruments Holdings Ltd., AneticAid, Arjo, Guldmann UK, LINET, Earlybird Venture GmbH, and MAC’s MEDICAL GROUP.
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Table of Contents
Companies Mentioned
- Stryker
- HILLROM & WELCH ALLYN
- Royax Advanced Instruments Holdings Ltd.
- AneticAid Arjo
- Guldmann UK
- LINET
- Earlybird Venture GmbH MAC’s MEDICAL GROUP
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | June 2024 |
Forecast Period | 2024 - 2032 |
Estimated Market Value ( USD | $ 3 Billion |
Forecasted Market Value ( USD | $ 4.6 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Europe |
No. of Companies Mentioned | 7 |