Key Takeaways
- In July 2023, Technimount System’s Neonatal Stretcher System was designed for the transfer of high-risk critically ill newborns and provides flexible configurations, allowing efficient organization and convenient access to advanced medical devices.
- Recent data reports that 39.6% of adults are suffering from obesity in the United States. Further, it is estimated that around 31.6% of individuals are overweight while 7.7% of adults are severely obese. The rising incidence of obese patients is expected to boost the North America hospital stretchers market share in the forecast period.
- In August 2023, a state grant of USD 100,000 helped the Chappaqua Volunteer Ambulance Corps to equip their two ambulances with Stryker Corporation’s motorized stretchers.
In July 2023, Technimount System, a Canadian medical equipment manufacturer, revealed a solution for the critical care transport of neonates. They designed the neonatal stretcher system which provides flexible configurations, allowing efficient organization and convenient access to advanced medical devices. This transport system complies with the Society of Automotive Engineers International (SAE), thus deemed safe and efficient in the transfer of high-risk critically ill newborns. The development of such hospital stretchers that are scalable and customizable to meet the transport team’s protocols and needs is likely to augment North America hospital stretchers market demand in the coming years.
The rising funding from governmental organizations to improve the healthcare system and enhance patient care is expected to boost market growth. In August 2023, a state grant of USD 100k helped the Chappaqua Volunteer Ambulance Corps (a New York-based volunteer organization dedicated to providing emergency medical services) to equip their two ambulances with motorized Stryker stretchers, which are developed by Stryker Corporation. Such investments in technologically advanced mobility solutions are anticipated to propel the North America hospital stretchers market size in the region.
Other factors that dictate the market dynamics are the growing adoption of technologically advanced patient mobility solutions, improvements in the design and materials of hospital stretchers, and increased integration of enhanced safety features. Moreover, the rising healthcare expenditure and the launch of innovative products is expected to influence the market landscape.
North America Hospital Stretchers Market Segmentation
“North America Hospital Stretchers Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type
- Adjustable Height
- Fixed Height
- Bariatric
- Radiographic
- Others
Market Breakup by Technology
- Motorized
- Non-Motorized
- Others
Market Breakup by Application
- Ambulatory /Transport
- Daycare/Inpatient
- Surgery
- Intra Hospital
- Pediatric Care
- Radiology Department
- Emergency /Trauma
- Others
Market Breakup by Countries
- United States of America
- Canada
North America Hospital Stretchers Market: Competitor Landscape
The key features of the market report include patent 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
- Carl Bennet AB (Arjohuntleigh AB)
- Invacare Corporation
- Medline Industries Inc.
- Paramount Bed Holdings Co., Ltd.
- Stiegelmeyer GmbH & Co.KG
- LINET Group SE
- Joerns Healthcare LLC
- Mac Medical Inc.
- TransMotion Medical Inc.
FAQs
What was the North America hospital stretchers market value in 2023?The market attained a value of D 2.9 billion in 2023 driven by the growing demand for technologically advanced stretchers in the region.
What is the North America hospital stretchers market forecast outlook for 2024-2032?
The market is anticipated to grow at a CAGR of 5.37% during the forecast period of 2024-2032, likely to reach a market value of USD 4.6 billion by 2032.
What are the major factors aiding the North America hospital stretchers market demand?
The growing prevalence of chronic diseases and the rising healthcare expenditure are fuelling the demand for the market.
What are the major North America hospital stretchers market trends?
One of the significant trends in the market is the rising funding from governmental organizations to improve the healthcare system and enhance patient care. In August 2023, a state grant of USD 100,000 helped the Chappaqua Volunteer Ambulance Corps to equip their two ambulances with motorized Stryker stretchers.
What is the market segmentation based on product type?
Based on the product type, the market is segmented into adjustable height, fixed height, bariatric, and radiographic, among others.
What is the market breakup by technology?
By technology, the market is divided into motorized and non-motorized, among others.
What are the applications of hospital stretchers?
Major applications areas of hospital stretchers include ambulatory/transport, daycare/inpatient, surgery, intra hospital, pediatric care, radiology department, and emergency/trauma, among others.
What is the market segmentation by countries?
The market segmentation by countries includes the United States of America and Canada.
Who are the key players involved in the North America hospital stretchers market?
The key players in the market are Stryker Corporation, Carl Bennet AB (Arjohuntleigh AB), Invacare Corporation, Medline Industries Inc., Paramount Bed Holdings Co., Ltd., Stiegelmeyer GmbH & Co.KG, LINET Group SE, Joerns Healthcare LLC, Mac Medical Inc., and TransMotion Medical Inc.
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Table of Contents
Companies Mentioned
- Stryker Corporation
- Carl Bennet AB (Arjohuntleigh AB)
- Invacare Corporation
- Medline Industries Inc.
- Paramount Bed Holdings Co. Ltd.
- Stiegelmeyer GmbH & Co.KG
- LINET Group SE
- Joerns Healthcare LLC
- Mac Medical Inc.
- TransMotion Medical Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 120 |
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 | North America |
No. of Companies Mentioned | 10 |