The global patient handling equipment market is expected to reach USD 28.2 billion by 2030, growing at CAGR of 6.6% from 2024 to 2030. The upsurge in the demand for products, such as slings, lifts, powered electric wheelchairs, due to the high risk of physical injuries in the manual lifting of heavy loads is a key growth driver of the patient handling equipment market. In addition, the growing prevalence of injuries, such as lower back pain, musculoskeletal disorders (MSDs), etc., is expected to boost growth in this sector. These injuries are avoidable by practicing safe patient handling guidelines and using equipment for the same.
Associated advantages and availability of improved products such as prime Transport Chairs (TC), temperature management systems, and patient transfer solutions, which offer safe, comfortable, and dignified transfer are the factors anticipated to provide lucrative growth to this sector in the near future.
Increasing incidences of Non-communicable Diseases (NCD), such as diabetes, asthma, cancer, stroke, etc., requiring patient handling equipment in homecare settings, hospitals, and intensive care units are further expected to boost market growth over the forecast period.
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Associated advantages and availability of improved products such as prime Transport Chairs (TC), temperature management systems, and patient transfer solutions, which offer safe, comfortable, and dignified transfer are the factors anticipated to provide lucrative growth to this sector in the near future.
Increasing incidences of Non-communicable Diseases (NCD), such as diabetes, asthma, cancer, stroke, etc., requiring patient handling equipment in homecare settings, hospitals, and intensive care units are further expected to boost market growth over the forecast period.
Patient Handling Equipment Market Report Highlights
- Wheelchairs have registered for the dominant market share, with 28.7% in 2023. The growing aged population and people with reduced mobility seek wheelchairs as a primary supportive mobility solution.
- Bariatric care has dominated the market in 2023 owing to the increasing senior population and obesity rates. Bariatric patients require specialized handling solutions due to their weight and mobility challenges.
- Hospitals secured the dominant market share with 46.4% in 2023 due to the geriatric population's increasing prevalence that necessitates specialized patient handling equipment.
- The North America patient handling equipment held the dominant market share, with 36.6% in 2023, owing to strict safety regulations implemented by healthcare institutions that ensure patient safety during handling and transport.
The leading players in the Patient Handling Equipment market include:
- Stryker Corporation
- Hill-Rom Holdings, Inc.,
- Invacare Corporation
- Getinge Group
- ArjoHuntleigh, Inc.,
- Joerns Healthcare, Inc.,
- Stiegelmeyer, Inc.
- Benmor Medical Ltd.
- Prism Medical Ltd.
- Etac Ltd.
- Mangar International Ltd.
- Linet Americas, Inc.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Patient Handling Equipment Market Variables, Trends, & Scope
Chapter 4. Patient Handling Equipment Market: Type Estimates & Trend Analysis
Chapter 5. Patient Handling Equipment Market: Application Estimates & Trend Analysis
Chapter 6. Patient Handling Equipment Market: End Use Estimates & Trend Analysis
Chapter 7. Patient Handling Equipment Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Companies Mentioned
The leading players in the Patient Handling Equipment market include:- Stryker Corporation
- Hill-Rom Holdings, Inc.,
- Invacare Corporation
- Getinge Group
- ArjoHuntleigh, Inc.,
- Joerns Healthcare, Inc.,
- Stiegelmeyer, Inc.
- Benmor Medical Ltd.
- Prism Medical Ltd.
- Etac Ltd.
- Mangar International Ltd.
- Linet Americas, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 18 Billion |
| Forecasted Market Value ( USD | $ 28.2 Billion |
| Compound Annual Growth Rate | 6.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
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