India Patient Lifting Equipment Market Overview, 2028

India Patient Lifting Equipment Market Overview, 2028

India has a large and aging population, with over 100 million people aged 60 and above. This is driving the demand for patient lifting equipment, as older adults are more likely to require assistance with mobility. The Indian healthcare market is expected to reach USD 372 billion by 2022, driven by increasing disposable incomes and government initiatives. This increased spending is also boosting the demand for patient lifting equipment. NGOs and charitable organizations play a crucial role in providing access to patient lifting equipment for those who cannot afford it. These organizations often organize donation drives and offer financial assistance to families in need. Rural areas in India have a lower penetration of patient lifting equipment compared to urban areas. This presents an opportunity for manufacturers to develop and market affordable and portable solutions that are specifically designed for use in rural settings. The prevalence of obesity is increasing in India, which is leading to a growing demand for bariatric patient lifting equipment. This equipment needs to be able to handle heavier weights and wider dimensions than standard lifts. Patient lifting equipment is increasingly being used in rehabilitation settings, such as hospitals and physiotherapy clinics. This equipment can help patients with mobility impairments regain their strength and independence. Renting patient lifting equipment can be a cost-effective option for patients who need the equipment for a short period of time. This is particularly beneficial for patients recovering from surgery or illness who need temporary assistance with mobility. The growing trend of DIY solutions could lead to the development of more affordable and accessible patient lifting equipment options, particularly in rural and underserved areas. However, concerns about safety and regulatory compliance need to be addressed.

According to the research report ""India Patient Lifting Equipment Market Overview, 2028,"" published by Bonafide Research, the India Patient Lifting Equipment market is anticipated to grow at more than 8% CAGR from 2023 to 2028. The growth of telehealth and home healthcare services has influenced the design and demand for patient lifting equipment that is suitable for use in home settings. Portable and user-friendly devices are becoming more popular. There's a growing emphasis on designing patient lifting equipment with ergonomic features to reduce strain on caregivers and provide greater comfort for patients during transfers. The integration of data analytics and predictive maintenance into patient lifting equipment is on the rise. This enables healthcare facilities to monitor the performance of equipment, schedule maintenance proactively, and reduce the risk of unexpected breakdowns. Artificial Intelligence (AI) and machine learning applications are being explored to enhance the capabilities of patient lifting equipment. These technologies can contribute to predictive analytics, personalized user experiences, and the development of intelligent lifting solutions. Wearable technology is making its way into patient lifting equipment, providing caregivers with real-time data on patient movements and conditions. This can aid in making informed decisions about transfers and adjustments to care plans. The importance of infection control has been underscored by global health events. Patient lifting equipment with features that facilitate easy cleaning, disinfection, and maintenance of hygiene standards is gaining prominence. A shift towards rental and leasing models for patient lifting equipment is observed, providing healthcare facilities with more flexibility in acquiring and upgrading equipment without significant upfront costs.

Based on product the market is bifurcated into Ceiling Lifts, Stair Lift, Mobile Lifts, Sit-to-Stand Lifts, Lifting Slings, Bath & Pool Lifts and Lifting Accessories. Ceiling lifts are known for their space-efficient design. In healthcare settings where floor space is valuable, ceiling lifts can be mounted on tracks attached to the ceiling, providing a solution that doesn't obstruct the floor area and is readily accessible when needed. Ceiling lifts contribute to enhanced patient safety during transfers. The use of ceiling-mounted tracks minimizes the risk of accidents, falls, or injuries during patient transfers. This safety aspect is crucial in healthcare settings, particularly for patients with limited mobility. Ceiling lifts are designed to reduce the physical strain on caregivers during patient transfers. The automated lifting and lowering mechanisms decrease the manual effort required for lifting, making it more comfortable for caregivers and reducing the risk of musculoskeletal injuries. Ceiling lifts offer flexibility in patient transfers, allowing caregivers to move patients smoothly and safely between different locations such as beds, wheelchairs, and baths. The versatility in movement contributes to the efficiency of patient care. In terms of end user the market is categorized into Hospitals, Homecare, Elderly Care facilities and others. In India, family-based caregiving is a common practice, with relatives often taking on caregiving responsibilities for elderly or disabled family members. Homecare patient lifting equipment assists family caregivers in providing safe and efficient care at home. Homecare is often more cost-effective than institutional care. Patient lifting equipment facilitates homecare by reducing the need for prolonged hospital stays and minimizing the risk of injuries during patient transfers, contributing to cost-efficiency. Homecare allows for flexible care schedules, catering to the unique needs and routines of the patient. Patient lifting equipment in home settings supports caregivers in providing assistance whenever required.

Considered in this report:
• Geography: India
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• India Patient Lifting Equipment market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Products
• Ceiling Lifts
• Stair Lift
• Mobile Lifts
• Sit-to-Stand Lifts
• Lifting Slings
• Bath & Pool Lifts
• Lifting Accessories

By End User
• Hospitals
• Homecare
• Elderly Care facilities
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Patient Lifting Equipment, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.