According to the latest report by IMARC Group, titled, “Patient Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, Offers a comprehensive analysis of the industry, which comprises insights on the global patient handling equipment market growth. 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. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Patient handling equipment refers to tools and devices that provide mobility to patients who lack control of their bodies. They assist patients in sitting, standing, and walking while ensuring bed mobility, lateral transfers, and hoisting. Patient handling equipment also aid in minimizing the risk of complications, such as deep vein thrombosis, skin tears, chest infections, etc. They find numerous applications in intensive care units (ICUs), nursing homes, rehabilitation centers, etc., across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Patient Handling Equipment Market Trends and Drivers:
The growing geriatric population and the rising incidences of injuries caused during manual patient handling (MPH) are primarily driving the patient handling equipment market. Moreover, various government bodies across countries are implementing stringent regulations to encourage the adoption of protective equipment, which is also propelling the market growth. In addition to this, the increasing investments in hospital infrastructures to improve the overall patient handling capabilities of public healthcare systems are further bolstering the product demand. Additionally, the rising prevalence of disabilities among individuals is catalyzing the demand for patient lifting equipment, such as wheelchairs and mobile lifts. In the coming years, the rising integration of recent advancements, such as better bed frames, adjustable angles, shear and friction reduction, electric backrest, battery backups, support surfaces, etc., is expected to drive the global patient handling equipment market.
Patient Handling Equipment Market 2022-2027 Competitive Analysis and Segmentation:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market based on product, type of care and end user.
Breakup by Product:
Breakup by Type of Care:
Breakup by End User:
Breakup by Region:
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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