Patient Handling Equipment Market By Product, Application and End User- Global Industry Analysis & Forecast to 2025
Patient Handling Equipment Market By Product (Medical Beds, Mechanical and Transfer Equipment, Wheelchairs and Scooters, Bathroom Safety Supplies and Ambulatory Aids), Application (Long Term Care, Fall Prevention, Acute and Critical Care and Mobility Assistance) and End User (Home Care Settings, Hospitals, Elderly Care Facilities) – Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Patient Handling Equipment Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. The universal market for patient handling equipment is foreseen to ascend at a hearty CAGR rate over the gauge time period. Such a development of the market for patient handling equipment is fundamentally because of the rising danger of parental figures' damage, expanding aged populace, and furthermore the danger of damage to the patients while taking care of them physically. Aside from that, different factors, for example, rise in cases of inabilities, usage of standards and directions that relate to the wellbeing and security at a significant number of the healthcare settings.
Based on product, the medical bed segment represented the highest market share of 26.9% in 2017 due to rising number of population suffering from obesity. Based on application Mobility assistance section was the leading segment in 2017 owing to increasing population with mobility issues. Based on end user, in 2017 hospitals did the dominant segment due to adopting of top notch technology.
Regionally, U.S. market ruled North America patient handling industry in 2017 by accounting for USD 3,264.8 million market sizes in 2017. Developing aged population, various regulations for secure patient handling combined with increasing patient population are main factors driving growth in the region.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Joerns Healthcare LLC.
Handicare Stairlifts B.V.
Stiegelmeyer GmbH & Co. KG
Paramount Bed & Stryker Corporation
Hill-Rom Holdings, Inc.
Linet Spol. S.R.O.
Prism Medical Ltd
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?