Patient Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Patient Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global patient handling equipment market reached a value of US$ 9.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 15.9 Billion by 2027, exhibiting at a CAGR of 8.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Patient handling equipment provides mobility to patients who lack control of their bodies. It helps patients in sitting, standing, and walking and ensures bed mobility, lateral transfers, and hoisting. Besides this, it also assists in reducing the risk of complications, such as deep vein thrombosis, skin tears, chest infections, urinary tract infections, pressure ulcers, and falls. Consequently, it finds application in intensive care units (ICUs), nursing homes, and rehabilitation and other medical centers across the globe.

Patient Handling Equipment Market Trends:
The increasing geriatric population, coupled with the rising hazards of injuries caused during manual patient handling (MPH), represents one of the key factors contributing to the growth of the market. Additionally, governing agencies of several countries are implementing stringent regulations to increase the adoption of protective equipment and reduce MPH, which is driving the market further. As a result, governing authorities are also investing in hospital infrastructure to increase the overall patient handling capabilities of public healthcare systems. This, along with the growing prevalence of disabilities among individuals, is increasing the need for patient lifting equipment, such as wheelchairs and mobile lifts. Other major factors, including the rising utilization of patient handling equipment during critical surgeries and the advancements in equipment, such as better bed frames, adjustable angles, support surfaces, electric backrest, shear and friction reduction and battery backups, are anticipated to create a favorable market outlook.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global patient handling equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, type of care and end user.

Breakup by Product:

Wheelchairs and Scooters
Medical Beds
Mechanical and Nonmechanical Equipment
Ambulatory Aids
Others

Breakup by Type of Care:

Bariatric Care
Fall Prevention
Critical Care
Wound Care
Others

Breakup by End User:

Hospitals
Home Care Settings
Elderly Care Facilities
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being EZ Way Inc., Getinge AB, Guldmann Inc., Hill-Rom Holdings Inc., Invacare Corporation, Joerns Healthcare LLC, LINET Group SE, Medline Industries Inc., Paramount Bed Co. Ltd., Prism UK Medical Ltd, Stiegelmeyer GmbH & Co. KG and Stryker Corporation.

Key Questions Answered in This Report:
How has the global patient handling equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global patient handling equipment market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the type of care?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global patient handling equipment market and who are the key players?
What is the degree of competition in the industry?