Patient Lifting Equipment Market Size, Trends, Analysis, and Outlook By Product (Ceiling Lifts, Stair & Wheelchair Lifts, Mobile Lifts, Sit-To-Stand Lifts, Bath & Pool Lifts, Lifting Slings, Accessories), By End-User (Hospitals, Homecare Setting, Others), by Country, Segment, and Companies, 2024-2032
The global Patient Lifting Equipment market size is poised to register 12.3% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Patient Lifting Equipment market across By Product (Ceiling Lifts, Stair & Wheelchair Lifts, Mobile Lifts, Sit-To-Stand Lifts, Bath & Pool Lifts, Lifting Slings, Accessories), By End-User (Hospitals, Homecare Setting, Others)
The future of the patient lifting equipment market is influenced by increasing awareness of musculoskeletal injuries among healthcare workers, rising demand for bariatric care solutions, and growing emphasis on ergonomics and caregiver safety in healthcare settings. Patient lifting equipment encompasses a variety of devices and systems used to assist with the safe lifting, transfer, and repositioning of patients, including ceiling-mounted lifts, floor-based lifts, and sit-to-stand aids. With the rise of aging populations and obesity rates, there is a growing need for patient lifting solutions that offer versatility, ease of use, and weight capacity to accommodate diverse patient populations and care environments. Further, technological innovations such as battery-powered lifts, integrated scales, and electronic controls are driving the development of next-generation patient lifting equipment with improved maneuverability, safety features, and real-time data monitoring capabilities. Over the forecast period to 2030, expanding applications in acute care hospitals, nursing homes, and rehabilitation centers, coupled with increasing regulatory mandates for safe patient handling practices and healthcare worker training programs, are expected to drive market growth and innovation, enabling healthcare organizations to reduce the risk of caregiver injuries, improve patient mobility, and enhance the quality of patient care.
Patient Lifting Equipment Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Patient Lifting Equipment market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Patient Lifting Equipment survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Patient Lifting Equipment industry.
Key market trends defining the global Patient Lifting Equipment demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Patient Lifting Equipment Market Segmentation- Industry Share, Market Size, and Outlook to 2032
The Patient Lifting Equipment industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Patient Lifting Equipment companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Patient Lifting Equipment industry
Leading Patient Lifting Equipment companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Patient Lifting Equipment companies.
Patient Lifting Equipment Market Study- Strategic Analysis Review
The Patient Lifting Equipment market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Patient Lifting Equipment Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Patient Lifting Equipment industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.
Patient Lifting Equipment Country Analysis and Revenue Outlook to 2032
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.
North America Patient Lifting Equipment Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Patient Lifting Equipment market segments. Similarly, Strong market demand is encouraging Canadian Patient Lifting Equipment companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Patient Lifting Equipment market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Patient Lifting Equipment Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Patient Lifting Equipment industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Patient Lifting Equipment market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Patient Lifting Equipment Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Patient Lifting Equipment in Asia Pacific. In particular, China, India, and South East Asian Patient Lifting Equipment markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Patient Lifting Equipment Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Patient Lifting Equipment Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Patient Lifting Equipment market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Patient Lifting Equipment.
Patient Lifting Equipment Market Company Profiles
The global Patient Lifting Equipment market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Benmor Medical Ltd, Enovis Ltd, GF Health Products Inc, Handicare Inc, Hill-Rom Holdings Inc, Invacare Corp, Joerns Healthcare LLC, Prism Medical Ltd, Stiegelmeyer Inc, V. Guldmann A/S.
Recent Patient Lifting Equipment Market Developments
The global Patient Lifting Equipment market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Patient Lifting Equipment Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
By Product
Ceiling Lifts
Stair & Wheelchair Lifts
Mobile Lifts
Sit-To-Stand Lifts
Bath & Pool Lifts
Lifting Slings
Accessories
By End-User
Hospitals
Homecare Setting
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Benmor Medical Ltd
Enovis Ltd
GF Health Products Inc
Handicare Inc
Hill-Rom Holdings Inc
Invacare Corp
Joerns Healthcare LLC
Prism Medical Ltd
Stiegelmeyer Inc
V. Guldmann A/S
Formats Available: Excel, PDF, and PPT