Dublin, March 22, 2023 (GLOBE NEWSWIRE) -- The "Patient Handling Equipment Market by Type (Patient Transfer Devices (Lifts , Sliding Sheets), Medical Beds (Electric, Manual), Mobility Devices (Powered Wheelchairs, Mobility Scooters), End User (Hospitals, Home-care Settings) & Region - Global Forecasts to 2027" report has been added to ResearchAndMarkets.com's offering.
The global patient handling equipment market is projected to reach USD 14.0 billion by 2027 from USD 10.4 billion in 2022, at a CAGR of 6.2% during the forecast period.
Growth in the patient handling equipment market can be largely attributed to factors such as rising numbers of patient admissions in hospitals, the increasing obese and geriatric population and the increasing risk of injuries or accidents to healthcare providers during the manual handling of patients. Furthermore, a significant factor hampering the market growth is the inadequate training given to caregivers for the effective operation of patient handling equipment.
Patient transfer devices are expected to register the highest growth during the forecast period.
By type, the market is further segmented into stretchers & transport chairs, mobility devices, bathroom & toilet assist equipment, medical beds, and patient transfer devices. The patient transfer devices segment is expected to register the highest growth of the patient handling equipment market in 2021. The high share of this segment is due to the growing number of installations of ceiling lifts in hospitals and the rising adoption of patient lifts for bariatric patient handling.
Hospital segment accounted for the largest share in the patient-handling equipment market in 2021
By end users, the market is further segmented into home care settings, hospitals, and other end users. The hospital's segment accounted for the largest share of the patient handling equipment market in 2021. This is due to the rising number of patient population, growing geriatric population, rising number of disabled people, and the increasing number of injuries caused during the patient handling process.
Europe accounted for the largest share of the patient handling equipment market in 2021.
In 2021, Europe accounted for the largest share of the global patient handling equipment market. The region's large share can be attributed to the rising number of government and non-government initiatives to adopt safe patient handling equipment and the widespread number of patient handling equipment manufacturers in Europe. The Asia Pacific market is projected to register the largest CAGR during the forecast period of 2022-2027. The expansion of healthcare facilities in Asian countries is responsible for the market growth in the Asia Pacific region.
Market Dynamics
Drivers
- Increasing Number of Geriatric and Obese People
- High Risk of Injuries to Caregivers During Manual Handling of Patients
- Implementation of Regulations for Ensuring the Safety of Healthcare Personnel
- Rising Number of Patient Admissions in Hospitals
Restraints
- Lack of Trained Caregivers for Efficient Operation of Patient Handling Equipment
Opportunities
- Rising Demand for Home Healthcare Services
Challenges
- Persistent Difficulties in Handling Bariatric Patients
- Improper Architectural Designs in Healthcare Facilities
Industry Trends
- Growing Use of IoT-based Connected Architecture in Patient Handling Operations
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 291 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value (USD) in 2022 | $10.4 Billion |
| Forecasted Market Value (USD) by 2027 | $14 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Patient Handling Equipment Market, by Type
6.1 Introduction
6.2 Patient Transfer Devices
6.2.1 Patient Lifts
6.2.2 Slings
6.2.3 Air-Assisted Lateral Transfer Mattresses
6.2.4 Sliding Sheets (Rollers/Tubes)
6.2.5 Accessories
6.3 Medical Beds
6.4 Mobility Devices
6.4.1 Wheelchairs & Scooters
6.4.2 Ambulatory Aids
6.5 Bathroom & Toilet Assist Equipment
6.6 Stretchers & Transport Chairs
7 Patient Handling Equipment Market, by End-user
7.1 Introduction
7.2 Hospitals
7.3 Home Care Settings
7.4 Other End-users
8 Patient Handling Equipment Market, by Region
9 Competitive Landscape
10 Company Profiles
11 Appendix
Companies Mentioned
- Antano Group
- Arjo
- Baxter International Inc.
- Benmor Medical
- Drive Devilbiss Healthcare
- Etac Ab
- Ez Way Inc.
- Getinge Ab
- Gf Health Products, Inc.
- Invacare Corporation
- Joerns Healthcare LLC
- Linet
- Malvestio Spa
- Medline Industries, Lp
- Ossenberg GmbH
- Paramount Bed Co. Ltd.
- Patterson Medical
- Prism Medical UK Ltd.
- Savaria
- Solostep
- Stiegelmeyer GmbH & Co. KG
- Stryker
- Sunrise Medical LLC
- V. Guldmann A/S
- Winncare
For more information about this report visit https://www.researchandmarkets.com/r/cwfwuu
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