Patient Handling Equipment Market Report 2022-27: Industry Growth, Size, Share, Trends and Forecast
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.
According to the latest report by IMARC Group, titled, “Patient Handling Equipment Market: Global Industry Trends, Size, Share, 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.
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.
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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.
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.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
EZ Way Inc.
Hill-Rom Holdings Inc.
Joerns Healthcare LLC
LINET Group SE
Medline Industries Inc.
Paramount Bed Co. Ltd.
Prism UK Medical Ltd
Stiegelmeyer GmbH & Co. KG
The report has segmented the market based on product, type of care and end user.
Breakup by Product:
Wheelchairs and Scooters
Mechanical and Nonmechanical Equipment
Breakup by Type of Care:
Breakup by End User:
Home Care Settings
Elderly Care Facilities
Breakup by Region:
Middle East and Africa
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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