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Patient Handling Equipment Market (2023 to 2032) – Size, Share, Forecast, Competitive Analysis, and Growth Opportunities

Patient Handling Equipment Market (2023 to 2032) – Size, Share, Forecast, Competitive Analysis, and Growth Opportunities

Report Ocean has recently published a revised figures report on the worldwide Patient Handling Equipment market. Growth prospects and difficulties are noted in the paper. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.

The global patient handling equipment market will grow at a significant compound annual growth rate (CAGR) of 8.5% during the forecast period from 2021-2030.

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Patient handling equipment involves devices that help to shift patients from one place to another. These types of equipment are being used in-home care services, hospitals, and nursing homes to prevent patients from injury. The popular patient-handling types of equipment are medical beds, wheelchairs, stretchers, medical scooters, and operating table pads.

It offers details on crucial market processes, such as leading participants. Changes in consumer behavioral patterns have temporarily hindered the market’s growth because the size of the Patient Handling Equipment market is still insufficient to predict precise dollar estimates. As a result, it will be essential to conduct a more thorough analysis of the market by considering other factors.

The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.

Over the forecast period, the size of the worldwide Patient Handling Equipment market will increase at a compound annual growth rate (2023-2032). The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.

The global patient handling equipment market is forecast to grow due to the rising cases of musculoskeletal disorders. World Health Organization (WHO) indicates that around 1.71 billion people are undergoing musculoskeletal disorders around the globe. Meanwhile, the geriatric population is more prone to these kinds of disorders. Thus, in turn, the need for patient handling equipment would increase to manage patients effortlessly and avoid the risk of further injury.

Moreover, several regulations and government made policies would escalate the use of lifting equipment in hospitals and diagnostic & treatment centers. According to the Safe Patient Handling Act, hospitals, nursing homes, and other public health clinics need to form a policy for the usage of lifting and transfer aids for shifting patients safely.

On the contrary, the high cost of patient handling equipment would slow down the growth of the global patient handling equipment market during the forecast period. The patient handling equipment costs a huge value, which can restrict its adoption.

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Regional Analysis

North America is expected to acquire a maximum share in the market during the forecast period. The rising prevalence of musculoskeletal disorders like arthritis, bone fractures, osteoarthritis in the region would boost the demand for patient handling equipment. Moreover, the increasing geriatric population in the region would also prompt the growth of the regional market. Apart from that, strict rules and regulations in the region would further raise the demand for patient handling equipment.

Key Market Players

  • Joerns Healthcare LLC (United States)
  • Gainsborough Healthcare Group (United States)
  • HoverTech International (United States)
  • Medline Industries Inc. (United States)
  • ARJO (Europe)
  • Guldmann Inc. (Europe)
  • Handicare Group AB (Europe)
  • Sunrise Medical Inc. (Germany)
  • Getinge (Europe)
  • Hill Rom Holding Inc. (United States)
  • Stryker Corporation (United States)
  • Invacare Corporation (United States)
  • Antano Group (Europe)
  • Mangar International Inc.
  • Stiegelmeyer (Germany)
  • Joerns Healthcare Inc. (United States)
  • Prism Medical (United States)
  • LINET (Europe)
  • Other prominent players

We continuously monitor the direct effects of COVID-19 (Update #Omicron mutations analysis) and the Russia-Ukraine War on the market, in addition to the indirect influence of related industries. The report will contain the observations.

The Russia-Ukraine War, which broke out in February 2022, had an effect on industries all across the world. Strict travel restrictions over Ukrainian airspace have been widely announced. The Russia-Ukraine War in 2022 has hurt the market. The war between Russia and Ukraine increases defense spending and strengthens the armed forces of NATO members. The majority of European countries have increased their defense spending as a result of Russia’s invasion. German defense spending will rise above 2% of GDP thanks to an allocation of USD 109 billion, which is more than the entire cost of the armed forces in 2021.

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Market Segmentation

By Type

  • Patient Transfer Devices
    • Patient Lifts
    • Ceiling Lifts
    • Sit-To-Stand Lifts
    • Mobile Lifts
    • Stair & Wheelchair Lifts
    • Bath & Pool Lifts
  • Slings
    • Air-Assisted Lateral Transfer Mattresses
    • Reusable Air-Assisted Mattresses
    • Single-Patient Use Air-Assisted Mattresses
    • Sliding Sheets
  • Accessories
    • Medical Beds
    • Electric Beds
    • Manual Beds
    • Semi-Electric Beds
  • Mobility Devices
    • Wheelchairs & Mobility Scooters
    • Powered Wheelchairs
    • Mobility Scooters
    • Manual Wheelchairs
    • Ambulatory Aids
    • Bathroom & Toilet Assist Equipment
    • Stretchers & Transport Chairs

By End-User

  • Hospitals
  • Home Care Settings
  • Other End Users

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By Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

Frequently Asked Questions (FAQs)

  • What opportunities exist for the Patient Handling Equipment market to expand?
  • How quickly is the market expanding?
  • Which local market will lead the way in the upcoming years?
  • What potential for growth in the Patient Handling Equipment market exists in the foreseeable future?
  • What potential problems can the Patient Handling Equipment market encounter in the future?
  • Which businesses dominate the market?
  • What are the primary elements causing rapid growth?

Full Report Description, TOC, Table of Figure, Chart, etc.-

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