Latin America Hospital Stretchers Market Report and Forecast 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,999	140 Pages	Expert Market Research	June, 2024	EMAR18971400

Best Price Guarantee
Price	from $3,999
Length	140 Pages
Publisher	Expert Market Research
Published Date	June, 2024
SKU	EMAR18971400

Latin America Hospital Stretchers Market Report and Forecast 2024-2032

Latin America Hospital Stretchers Market Report and Forecast 2024-2032

Latin America Hospital Stretchers Market Size

The global hospital stretchers market was valued at USD 2.9 billion in 2023, with Latin America holding a significant market share. The market is driven by the rising investments in healthcare infrastructure. It is expected to grow at a CAGR of 5.37% during the forecast period of 2024-2032, with the values likely to attain USD 4.6 billion by 2032.

Latin America Hospital Stretchers Market Outlook

The high prevalence of chronic diseases and a substantial rise in the aging and bariatric population are contributing to the growing number of hospital admissions. This drives the need for efficient transport solutions to facilitate patient movement within the hospital, thereby fuelling the market demand for hospital stretchers.
In May 2023, a study reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030. The rising healthcare expenditures by the government and private healthcare providers to upgrade medical facilities and expand healthcare services are anticipated to boost the Latin America hospital stretchers market share.
One of the major market trends is the increased adoption of technologically advanced hospital stretchers such as motorized stretchers or specialty stretchers with integrated monitoring capabilities to ensure patient comfort and safety.

Latin America Hospital Stretchers Market Analysis

Hospital stretchers are patient transport devices that are designed to facilitate efficient patient movement to different areas in the hospital. Some hospital stretchers, such as bariatric stretchers for heavier patients and pediatric stretchers for pediatric patients are equipped with specialized features, intended to accommodate certain patient populations. Moreover, the rising emphasis on patient comfort and safety is likely to increase investments in innovative stretchers, which is expected to drive the Latin America hospital stretchers market growth in the forecast period.

Latin American countries are experiencing an increased demand for hospital stretchers due to factors such as the high prevalence of chronic diseases and a substantial rise in the aging and bariatric population, resulting in more patients requiring medical care. In October 2023 , the Brazilian Institute of Geography and Statistics (IBGE) revealed that the proportion of Brazilians aged 65 or above has risen to 10.9% in 2022. Additionally, the 2023 United Nations report states that the obesity and overweight rates in Latin American and Caribbean countries have tripled in the last 50 years. Thus, the growing volume of aging and obese patients is anticipated to boost the Latin America hospital stretchers market demand in the coming years.

The market share is also impacted by the rising healthcare expenditure in the region. For instance, a study published in Cureus in May 2023 reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030. Moroever, the Brazilian government is actively investing in improving healthcare infrastructure including hospitals, clinics, and emergency care facilities, and expanding access to healthcare services, especially in underserved areas. Such developments are likely to augment the adoption of technologically advanced hospital stretchers such as motorized stretchers or specialty stretchers with integrated monitoring capabilities in healthcare settings, thereby elevating the market value.

Latin America Hospital Stretchers Market Segmentation  

The report offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

Adjustable Stretchers

Fixed Height Stretchers

Bariatric Stretchers

Radiographic Stretcher

Others

Market Breakup by Technology

Motorized Stretchers

Non-Motorized Stretchers

Market Breakup by Application

Intra-Hospital

Pediatric Care

Emergency Department

Radiology Department

Other Applications

Market Breakup by Country

Brazil

Argentina

Mexico

Others

Leading Players in the Latin America Hospital Stretchers Market

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

Stryker
Hillrom & Welch Allyn
Paramount Bed Co., Ltd.
Invacare Corporation
Gendron Inc.
Fazzini S.r.l.
Medline Industries, Inc.
Arjo
Royax
Ferno

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

FAQs

What is the Latin America hospital stretchers market forecast outlook for 2024-2032?

The Latin America hospital stretchers market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 5.37% during the forecast period of 2024-2032 and is likely to reach a market value of USD 4.6 billion by 2032.

What are the major factors aiding the Latin America hospital stretchers market demand?

The high prevalence of chronic diseases and a substantial rise in the aging and bariatric population is fuelling the demand for the market.

What are the major Latin America hospital stretchers market trends?

One of the significant trends in the market is the rising healthcare expenditures by the government and private healthcare providers to upgrade medical facilities. For instance, a study published in Cureus in May 2023 reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030.

What is the market segmentation based on product type?

Based on the product type, the market is segmented into adjustable stretchers, fixed height stretchers, bariatric stretchers, and radiographic stretchers, among others.

What is the market breakup by technology?

By technology, the market is divided into motorized stretchers and non-motorized Stretchers.

What are the applications of hospital stretchers?

Major applications of hospital stretchers include intra-hospital, pediatric care, emergency department, radiology department, and other applications.

What is the market segmentation by countries?

The market segmentation by countries includes Brazil, Argentina, and Mexico, among others.

Who are the key players involved in the Latin America hospital stretchers market?

The key players in the market are Stryker, Hillrom & Welch Allyn, Paramount Bed Co., Ltd., Invacare Corporation, Gendron Inc., Fazzini S.r.l., Medline Industries, Inc., Arjo, Royax, and Ferno.

Meta description

The Latin America hospital stretchers market is poised for growth, driven by the expansion of the global market, which was valued at USD 2.9 billion in 2023 and is projected to grow at a CAGR of 5.37% during the forecast period of 2024-2032.

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1 Preface: 1.1 Objectives of the Study; 1.2 Key Assumptions; 1.3 Report Coverage – Key Segmentation and Scope; 1.4 Research Methodology
2 Executive Summary
3 Latin America Hospital Stretchers Market Overview: 3.1 Latin America Hospital Stretchers Market Historical Value (2017-2023); 3.2 Latin America Hospital Stretchers Market Forecast Value (2024-2032)
4 Latin America Hospital Stretchers Market Landscape*: 4.1 Latin America Hospital Stretchers: Developers Landscape; 4.1.1 Analysis by Year of Establishment; 4.1.2 Analysis by Company Size; 4.1.3 Analysis by Region; 4.2 Latin America Hospital Stretchers: Product Landscape; 4.2.1 Analysis by Product Type; 4.2.2 Analysis by Technology
5 Latin America Hospital Stretchers Market Dynamics: 5.1 Market Drivers and Constraints; 5.2 SWOT Analysis; 5.2.1 Strengths; 5.2.2 Weaknesses; 5.2.3 Opportunities; 5.2.4 Threats; 5.3 Porter’s Five Forces Model; 5.3.1 Bargaining Power of Suppliers; 5.3.2 Bargaining Power of Buyers; 5.3.3 Threat of New Entrants; 5.3.4 Threat of Substitutes; 5.3.5 Degree of Rivalry; 5.4 Key Demand Indicators; 5.5 Key Price Indicators; 5.6 Industry Events, Initiatives, and Trends; 5.7 Value Chain Analysis
6 Latin America Hospital Stretchers Market Segmentation (2017-2032): 6.1 Latin America Hospital Stretchers Market (2017-2032) by Product Type; 6.1.1 Market Overview; 6.1.2 Adjustable Stretchers; 6.1.3 Fixed Height Stretchers; 6.1.4 Bariatric Stretchers; 6.1.5 Radiographic Stretchers; 6.1.6 Others; 6.2 Latin America Hospital Stretchers Market (2017-2032) by Technology; 6.2.1 Market Overview; 6.2.2 Motorized Stretchers; 6.2.3 Non-Motorized Stretchers; 6.3 Latin America Hospital Stretchers Market (2017-2032) by Application; 6.3.1 Market Overview; 6.3.2 Intra-Hospital; 6.3.3 Pediatric Care; 6.3.4 Emergency Department; 6.3.5 Radiology Department; 6.3.6 Other Applications; 6.4 Latin America Hospital Stretchers Market (2017-2032) by Country; 6.4.1 Market Overview; 6.4.2 Brazil; 6.4.3 Argentina; 6.4.4 Mexico; 6.4.5 Others
7 Brazil Hospital Stretchers Market (2017-2032): 7.1 Brazil Hospital Stretchers Market (2017-2032) by Product Type; 7.1.1 Market Overview; 7.1.2 Adjustable Stretchers; 7.1.3 Fixed Height Stretchers; 7.1.4 Bariatric Stretchers; 7.1.5 Radiographic Stretchers; 7.1.6 Others; 7.2 Brazil Hospital Stretchers Market (2017-2032) by Technology; 7.2.1 Market Overview; 7.2.2 Motorized Stretchers; 7.2.3 Non-Motorized Stretchers; 7.3 Brazil Hospital Stretchers Market (2017-2032) by Application; 7.3.1 Market Overview; 7.3.2 Intra-Hospital; 7.3.3 Pediatric Care; 7.3.4 Emergency Department; 7.3.5 Radiology Department; 7.3.6 Other Applications
8 Argentina Hospital Stretchers Market (2017-2032): 8.1 Argentina Hospital Stretchers Market (2017-2032) by Product Type; 8.1.1 Market Overview; 8.1.2 Adjustable Stretchers; 8.1.3 Fixed Height Stretchers; 8.1.4 Bariatric Stretchers; 8.1.5 Radiographic Stretchers; 8.1.6 Others; 8.2 Argentina Hospital Stretchers Market (2017-2032) by Technology; 8.2.1 Market Overview; 8.2.2 Motorized Stretchers; 8.2.3 Non-Motorized Stretchers; 8.3 Argentina Hospital Stretchers Market (2017-2032) by Application; 8.3.1 Market Overview; 8.3.2 Intra-Hospital; 8.3.3 Pediatric Care; 8.3.4 Emergency Department; 8.3.5 Radiology Department; 8.3.6 Other Applications
9 Mexico Hospital Stretchers Market (2017-2032): 9.1 Mexico Hospital Stretchers Market (2017-2032) by Product Type; 9.1.1 Market Overview; 9.1.2 Adjustable Stretchers; 9.1.3 Fixed Height Stretchers; 9.1.4 Bariatric Stretchers; 9.1.5 Radiographic Stretchers; 9.1.6 Others; 9.2 Mexico Hospital Stretchers Market (2017-2032) by Technology; 9.2.1 Market Overview; 9.2.2 Motorized Stretchers; 9.2.3 Non-Motorized Stretchers; 9.3 Mexico Hospital Stretchers Market (2017-2032) by Application; 9.3.1 Market Overview; 9.3.2 Intra-Hospital; 9.3.3 Pediatric Care; 9.3.4 Emergency Department; 9.3.5 Radiology Department; 9.3.6 Other Applications
10 Regulatory Framework
11 Patent Analysis: 11.1 Analysis by Type of Patent; 11.2 Analysis by Publication Year; 11.3 Analysis by Issuing Authority; 11.4 Analysis by Patent Age; 11.5 Analysis by CPC Analysis; 11.6 Analysis by Patent Valuation; 11.7 Analysis by Key Players
12 Grants Analysis: 12.1 Analysis by Year; 12.2 Analysis by Amount Awarded; 12.3 Analysis by Issuing Authority; 12.4 Analysis by Grant Application; 12.5 Analysis by Funding Institute; 12.6 Analysis by Departments; 12.7 Analysis by Recipient Organization
13 Funding and Investment Analysis: 13.1 Analysis by Funding Instances; 13.2 Analysis by Type of Funding; 13.3 Analysis by Funding Amount; 13.4 Analysis by Leading Players; 13.5 Analysis by Leading Investors; 13.6 Analysis by Geography
14 Partnership and Collaborations Analysis: 14.1 Analysis by Partnership Instances; 14.2 Analysis by Type of Partnership; 14.3 Analysis by Leading Players; 14.4 Analysis by Geography
15 Supplier Landscape: 15.1 Market Share by Top 5 Companies; 15.2 Stryker; 15.2.1 Financial Analysis; 15.2.2 Product Portfolio; 15.2.3 Demographic Reach and Achievements; 15.2.4 Mergers and Acquisitions; 15.2.5 Certifications; 15.3 HILLROM & WELCH ALLYN; 15.3.1 Financial Analysis; 15.3.2 Product Portfolio; 15.3.3 Demographic Reach and Achievements; 15.3.4 Mergers and Acquisitions; 15.3.5 Certifications; 15.4 PARAMOUNT BED CO., LTD.; 15.4.1 Financial Analysis; 15.4.2 Product Portfolio; 15.4.3 Demographic Reach and Achievements; 15.4.4 Mergers and Acquisitions; 15.4.5 Certifications; 15.5 Invacare Corporation; 15.5.1 Financial Analysis; 15.5.2 Product Portfolio; 15.5.3 Demographic Reach and Achievements; 15.5.4 Mergers and Acquisitions; 15.5.5 Certifications; 15.6 Gendron Inc.; 15.6.1 Financial Analysis; 15.6.2 Product Portfolio; 15.6.3 Demographic Reach and Achievements; 15.6.4 Mergers and Acquisitions; 15.6.5 Certifications; 15.7 Fazzini S.r.l.; 15.7.1 Financial Analysis; 15.7.2 Product Portfolio; 15.7.3 Demographic Reach and Achievements; 15.7.4 Mergers and Acquisitions; 15.7.5 Certifications; 15.8 Medline Industries, Inc.; 15.8.1 Financial Analysis; 15.8.2 Product Portfolio; 15.8.3 Demographic Reach and Achievements; 15.8.4 Mergers and Acquisitions; 15.8.5 Certifications; 15.9 Arjo; 15.9.1 Financial Analysis; 15.9.2 Product Portfolio; 15.9.3 Demographic Reach and Achievements; 15.9.4 Mergers and Acquisitions; 15.9.5 Certifications; 15.10 ROYAX; 15.10.1 Financial Analysis; 15.10.2 Product Portfolio; 15.10.3 Demographic; 15.10.4 Mergers and Acquisitions; 15.10.5 Certifications; 15.11 Ferno; 15.11.1 Financial Analysis; 15.11.2 Product Portfolio; 15.11.3 Demographic Reach and Achievements; 15.11.4 Mergers and Acquisitions; 15.11.5 Certifications
16 Latin America Hospital Stretchers Market – Distribution Model (Additional Insight): 16.1 Overview; 16.2 Potential Distributors; 16.3 Key Parameters for Distribution Partner Assessment
17 Key Opinion Leaders (KOL) Insights (Additional Insight)
18 Company Competitiveness Analysis (Additional Insight): 18.1 Very Small Companies; 18.2 Small Companies; 18.3 Mid-Sized Companies; 18.4 Large Companies; 18.5 Very Large Companies
19 Payment Methods (Additional Insight): 19.1 Government Funded; 19.2 Private Insurance; 19.3 Out-of-Pocket; *Additional insights provided are customisable as per client requirements.; * The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.