The global hospital stretchers market was valued at USD 2.9 billion in 2023, with the Middle East and Africa holding a significant market share. It is expected to grow at a CAGR of 5.37% during the forecast period of 2024-2032. The market is poised to secure a value of USD 4.6 billion by 2032, driven by the rise in chronic diseases and the growing demand for technologically advanced stretchers across the region.
in 2020, the Saudi government allocated SAR 147 billion (USD 39.2 billion) to the healthcare sector. This substantial allocation of funding by the government contributed to an increase in the number of hospitals and primary healthcare centers in the region. These investments also encompass infrastructure improvements, such as hospital equipment, including stretchers and other necessities.
The increasing number of surgical procedures across the region is also a factor contributing directly to the Middle East and Africa hospital stretchers market growth. According to a study published in March 2021, three commonly performed surgeries in the sub-Saharan African region were caesarean section, laparotomy, and hernia repair. Surgeries such as orthopaedics, plastic surgery, and neurosurgeries were also included in the list of common procedures performed in the region. With increasing surgical activities, a corresponding rise in the demand for hospital stretchers is anticipated, likely to drive the market growth in the region.
The Middle East and Africa hospital stretchers market share is expected to be driven by significant investments in healthcare infrastructure by the market players during the forecast period. For instance, in April 2023, the expansion plans of Dr. Sulaiman Al Habib Medical Group (HMG) to build 6 new hospital facilities in Saudi Arabia was announced. The investment was valued at USD 1.73 billion (SAR 6.4 billion). This substantial investment towards establishing new hospital facilities is expected to increase demand for hospital stretchers, propelling the market growth. The establishment of new hospitals requires a wide range of equipment and supplies, including hospital stretchers which is a major opportunity for manufacturers, suppliers, and distributors, bolstering the escalating demand in the market.
One of the significant Middle East and Africa hospital stretchers market trends, include rising integration of advanced technologies such as artificial intelligence (AI), IoT, and other smart features. Such technologies can enhance the performance of stretchers for better patient outcomes. In addition, the increasing focus of market players on enhancing the designs and hospital stretchers is an emerging trend, expected to boost the market value. Healthcare providers are also shifting towards adopting lightweight and ergonomic hospital stretcher designs to provide maximum comfort and safety to patients.
The Middle East and Africa hospital stretchers market is poised for growth, driven by the expansion of the global market, which was valued at USD 2.9 billion in 2023 and is projected to grow at a CAGR of 5.37% during the forecast period of 2024-2032.
What are the major factors aiding the Middle East and Africa hospital stretchers market demand?
The market demand is fuelled by increasing incidence of chronic diseases along with increasing collaborations between affluent companies to develop advanced solutions for patients.
What are the major Middle East and Africa hospital stretchers market trends?
The market growth is influenced by the increased investments by governments in the healthcare sector. For instance, the Saudi Arabian government allocated SAR 147 billion (USD 39.2 billion) to the healthcare sector in 2020.
What are the various types of products available in the market?
There are several types of hospital stretchers including adjustable stretchers, fixed height stretchers, bariatric stretchers, radiographic stretchers, and others.
What are the technologies used in hospital stretchers?
Based on technologies, the market is segmented into motorized stretchers and non-motorized stretchers.
Where do hospital stretchers find their application?
They find wide applications in intra-hospital, pediatric care, emergency departments, and radiology departments, among others.
What is the market segmentation by country?
The market segmentation by countries includes Saudi Arabia, the United Arab Emirates, Nigeria, South Africa, and others.
Who are the key players in the Middle East and Africa hospital stretchers market?
The key players in the market are Stryker Corporation, Getinge AB, Invacare Corporation, Hill-Rom Holdings, Inc., Ferno-Washington, Inc., Medline Industries, Inc., AMTAI Medical Equipment, Inc., Savion Industries Ltd., Paramount Bed Holdings Co., Ltd., and LINET Group SE.
This product will be delivered within 5-7 business days.
Middle East and Africa Hospital Stretchers Market Outlook
- In April, Dr. Sulaiman Al Habib Medical Group invested USD 1.73 billion to establish six new hospitals in Saudi Arabia. This is anticipated to propel market growth by creating demand for healthcare infrastructure in the region.
- In 2020, the Saudi government allotted USD 39.2 billion to improve healthcare infrastructure. The healthcare sector is expected to benefit from strategic financial investments made by governments, which will improve hospital infrastructure and facilities.
- The market growth can be attributed to the increasing technical enhancement of hospital stretchers aimed at providing improved patient comfort.
Middle East and Africa Hospital Stretchers Market Analysis
The market demand for hospital stretchers is increasing driven by factors such as the rising prevalence of chronic diseases, geriatric population base, number of surgical procedures, and escalating funding activities to enhance the hospital infrastructures among others. For instance,in 2020, the Saudi government allocated SAR 147 billion (USD 39.2 billion) to the healthcare sector. This substantial allocation of funding by the government contributed to an increase in the number of hospitals and primary healthcare centers in the region. These investments also encompass infrastructure improvements, such as hospital equipment, including stretchers and other necessities.
The increasing number of surgical procedures across the region is also a factor contributing directly to the Middle East and Africa hospital stretchers market growth. According to a study published in March 2021, three commonly performed surgeries in the sub-Saharan African region were caesarean section, laparotomy, and hernia repair. Surgeries such as orthopaedics, plastic surgery, and neurosurgeries were also included in the list of common procedures performed in the region. With increasing surgical activities, a corresponding rise in the demand for hospital stretchers is anticipated, likely to drive the market growth in the region.
The Middle East and Africa hospital stretchers market share is expected to be driven by significant investments in healthcare infrastructure by the market players during the forecast period. For instance, in April 2023, the expansion plans of Dr. Sulaiman Al Habib Medical Group (HMG) to build 6 new hospital facilities in Saudi Arabia was announced. The investment was valued at USD 1.73 billion (SAR 6.4 billion). This substantial investment towards establishing new hospital facilities is expected to increase demand for hospital stretchers, propelling the market growth. The establishment of new hospitals requires a wide range of equipment and supplies, including hospital stretchers which is a major opportunity for manufacturers, suppliers, and distributors, bolstering the escalating demand in the market.
One of the significant Middle East and Africa hospital stretchers market trends, include rising integration of advanced technologies such as artificial intelligence (AI), IoT, and other smart features. Such technologies can enhance the performance of stretchers for better patient outcomes. In addition, the increasing focus of market players on enhancing the designs and hospital stretchers is an emerging trend, expected to boost the market value. Healthcare providers are also shifting towards adopting lightweight and ergonomic hospital stretcher designs to provide maximum comfort and safety to patients.
Middle East and Africa Hospital Stretchers Market Segmentation
The report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Adjustable Stretchers
- Fixed Height Stretchers
- Bariatric Stretchers
- Radiographic Stretcher
- 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
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Leading Players in the Middle East and Africa Hospital Stretchers Market
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 Corporation
- Getinge AB
- Invacare Corporation
- Hill-Rom Holdings, Inc.
- Ferno-Washington, Inc.
- Medline Industries, Inc.
- AMTAI Medical Equipment, Inc.
- Savion Industries Ltd.
- Paramount Bed Holdings Co., Ltd.
- LINET Group SE
FAQs
What is the Middle East and Africa hospital stretchers market forecast outlook for 2024-2032?The Middle East and Africa hospital stretchers market is poised for growth, driven by the expansion of the global market, which was valued at USD 2.9 billion in 2023 and is projected to grow at a CAGR of 5.37% during the forecast period of 2024-2032.
What are the major factors aiding the Middle East and Africa hospital stretchers market demand?
The market demand is fuelled by increasing incidence of chronic diseases along with increasing collaborations between affluent companies to develop advanced solutions for patients.
What are the major Middle East and Africa hospital stretchers market trends?
The market growth is influenced by the increased investments by governments in the healthcare sector. For instance, the Saudi Arabian government allocated SAR 147 billion (USD 39.2 billion) to the healthcare sector in 2020.
What are the various types of products available in the market?
There are several types of hospital stretchers including adjustable stretchers, fixed height stretchers, bariatric stretchers, radiographic stretchers, and others.
What are the technologies used in hospital stretchers?
Based on technologies, the market is segmented into motorized stretchers and non-motorized stretchers.
Where do hospital stretchers find their application?
They find wide applications in intra-hospital, pediatric care, emergency departments, and radiology departments, among others.
What is the market segmentation by country?
The market segmentation by countries includes Saudi Arabia, the United Arab Emirates, Nigeria, South Africa, and others.
Who are the key players in the Middle East and Africa hospital stretchers market?
The key players in the market are Stryker Corporation, Getinge AB, Invacare Corporation, Hill-Rom Holdings, Inc., Ferno-Washington, Inc., Medline Industries, Inc., AMTAI Medical Equipment, Inc., Savion Industries Ltd., Paramount Bed Holdings Co., Ltd., and LINET Group SE.
This product will be delivered within 5-7 business days.
Table of Contents
1 Preface
3 Middle East and Africa Hospital Stretchers Market Overview
4 Middle East and Africa Hospital Stretchers Market Landscape*
5 Middle East and Africa Hospital Stretchers Market Dynamics
6 Middle East and Africa Hospital Stretchers Market Segmentation (2017-2032)
7 Saudi Arabia Hospital Stretchers Market (2017-2032)
8 United Arab Emirates Hospital Stretchers Market (2017-2032)
9 Nigeria Hospital Stretchers Market (2017-2032)
10 South Africa Hospital Stretchers Market (2017-2032)
12 Patent Analysis
13 Grants Analysis
14 Funding and Investment Analysis
15 Partnership and Collaborations Analysis
16 Supplier Landscape
17 Middle East and Africa Hospital Stretchers Market - Distribution Model (Additional Insight)
19 Company Competitiveness Analysis (Additional Insight)
20 Payment Methods (Additional Insight)
Companies Mentioned
- Stryker Corporation
- Getinge AB
- Invacare Corporation
- Hill-Rom Holdings Inc.
- Ferno-Washington Inc.
- Medline Industries Inc.
- AMTAI Medical Equipment Inc.
- Savion Industries Ltd.
- Paramount Bed Holdings Co. Ltd.
- LINET Group SE
Methodology
LOADING...
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 | Africa, Middle East |
| No. of Companies Mentioned | 10 |
