Global Patient Lifting Devices Market 2024-2028
The patient lifting devices market is forecasted to grow by USD 3.17 bn during 2023-2028, accelerating at a CAGR of 12.57% during the forecast period. The report on the patient lifting devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of home healthcare services, the growing number of geriatric and obese populations, and the rising incidence of mobility disorders.
Technavio's patient lifting devices market is segmented as below:
By Product
- Powered sit to stand lift
- Floor based lifts
- Overhead/ceiling lifts
- Others
By End-user
- Hospitals
- Homecare
- Elderly care facilities
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing regulation to minimize manual patient handling as one of the prime reasons driving the patient lifting devices market growth during the next few years. Also, increasing merger and acquisition (M and A) activities among the vendors and growing investment in the healthcare sector will lead to sizable demand in the market.
The report on the patient lifting devices market covers the following areas:
- Patient lifting devices market sizing
- Patient lifting devices market forecast
- Patient lifting devices market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading patient lifting devices market vendors that include Arjo AB, Baxter International Inc., Benmor Medical UK Ltd., Bestcare LLC, Enovis Corp., Etac AB, Gainsborough Healthcare Group, Getinge AB, GF Health Products Inc., Hospimek Pte Ltd., Invacare Corp., Joerns Healthcare LLC, Medical Depot Inc., Medline Industries LP, PRISM Medical Group, Savaria Corp., Stryker Corp., Sunrise Medical LLC, WINNCARE Group, and V. Guldmann AS. Also, the patient lifting devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.