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The global market for patient handling equipment is estimated at USD 12,846.0 Billion in the year 2022, is projected to reach a size of USD 16,147.0 Billion by 2030, growing at a compound annual growth rate (CAGR) of 2.9% over the forecast period 2022-2030.
The major factors fueling the patient handling equipment market include increasing geriatric and obese population, rising patient admissions in hospitals, and growing adoption in healthcare establishments to prevent injuries risk to staff and patients. Growth of home healthcare service industry is expected to provide lucrative opportunities for the global market throughout the forecast period.
Based on type, the patient handling equipment market has been classified into patient transfer devices, medical beds, mobility devices, bathroom and toilet assist equipment, and stretchers and transport chairs. The patient transfer devices segment is projected to be the largest segment during the forecast period. The patient transfer devices segment is further classified into patient lifts, air-assisted lateral transfer mattresses, sliding sheets, and accessories.
Based on end user, the patient handling equipment market has been classified into hospitals, home-care settings, and other end users. The hospitals segment is projected to be the largest segment during the forecast period. The home-care settings segment is expected to register the highest CAGR during the forecast period.
The global patient handling market covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, Europe captures the major market share in 2021.
Key Companies Covered in Report
Some of companies profiled in report include Antano Group, Arjo, Drive DeVilbiss Healthcare, Etac Ab, EZ Way, Getinge AB, GF Health Products, Guldmann, Inc, Handicare Group AB, Hill-Rom Holdings, Inc., Invacare Corporation, Joerns Healthcare LLC, LINET, Malvestio, Medline Industries, Ossenberg GmbH, Paramount Bed Co. Ltd., Performance Health, Prism UK Medical Ltd., Savaria Corp., Solo-Step, Inc., Stiegelmeyer GmbH & Co. KG., Stryker Corporation, Sunrise Medical, and Winncare.
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