Patients Handling Equipment Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global patients handling equipment market is anticipated to grow at a CAGR of 3.5% during the forecast period (2022-2028). In medical facilities, patient handling equipment is used for the purpose of patient mobility, for providing them support, and for transferring the body part or a person conveniently. These equipment supports in maintaining the safety of doctors and other care givers during handling the patients. The market growth is primarily attributable to some factors that include the increasing geriatric as well as obese patient population, growing need for admitting patients into hospitals, high risk of injuries to caregivers during the manual handling of patients, and the stringent application of regulations that direct the safety of healthcare personnel during the manual lifting process. For instance, as per the United Nations Database on World Population Ageing 2020, there will be a significant increase in the global geriatric population, from 727 million in 2020 to 1.5 billion by 2050. This, in turn, is driving the demand for patient handling equipment in hospitals and homecare settings.
The COVID-19 pandemic has expedited the need for patients handling equipment when the hospitalization of critically infected patients was at peak. For instance, as per the Centers for Disease Control and Prevention (CDC), nearly 69.8 per 100,000 people were hospitalized in the age group of 65 and above in the period of January 2021. This massive rate of hospitalization has evidently surged the demand for medical beds in hospitals. This scenario has propelled the high demand for patient handling equipment for enhanced safety and to reduce the risk of injuries while handling patients.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By End-User
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Hill-Rom Holdings Inc., Invacare Corp., and Stryker Corp, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Patients Handling Equipment Market Report by Segment
By Type
- Patient Transfer Devices
- Medical Beds
- Mobility Devices
- Bathroom and Toilet Assist Equipment
- Stretchers and Transport Chairs
By End-User
- Hospitals
- Homecare Settings
- Others
The report will be delivered within 48-72 hours after payment confirmation