Patient Mechanical Lift Handling Equipment Market Revenue, Industry Growing Demand, Top Companies, Regional Outlook Up To 2027

The Patient Mechanical Lift Handling Equipment Market was valued at USD 1.4 billion in 2020, and it is expected to reach USD 2.29 billion by 2027, registering a CAGR of nearly 8.51% during the forecast period, 2021-2027.

A patient’s mechanical lift handling equipment is used to safely and comfortably move a patient from one location to another. Rising number of accidents, increasing disability rates, rapidly increasing obesity and geriatric population, and increasing cases of musculoskeletal injuries among healthcare workers are expected to drive the market growth. However, budget constraints and a lack of awareness among patients about the developing and underdeveloped areas may hamper the growth of this market.

 

Market Segments

By Product Type

Stand Up & Raising Lifts/Aids
Overhead/Ceiling Lifts
Floor-Based Lifts
Gantry Lifts
Powered Sit-to-Stand Lifts
Bath Patient Lifters
Others

By End-User

Homecare
Hospitals
Elderly Care homes
Others

Key Players

The key players profiled in this report include Stryker Corporation, Hill-Rom Holdings Inc., Invacare Corporation, Guldmann Inc., Getinge Group, Handicare Group AB, Gainsborough Specialist Bathing, Mangar International, Inc., Prism Medical, and Joerns Healthcare, Inc.

Scope of the Report

The research study analyzes the global Patient Mechanical Lift Handling Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Patient Mechanical Lift Handling Equipment Market Report

1. What was the Patient Mechanical Lift Handling Equipment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Patient Mechanical Lift Handling Equipment Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Patient Mechanical Lift Handling Equipment Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.