Patient Lateral Transfer Market Size, Status, Growth, Revenue & Report Forecasted by 2026: Fact.MR

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of patient lateral transfer market. The study is titled as “Patient Lateral Transfer Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global patient lateral transfer market.

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According to the latest report compiled by Fact.MR, the global market for patient lateral transfer is likely to experience healthy growth. The market is estimated to bring in US$ 288.4 million revenue by 2022 end. The rising risk of injuries to the caregivers while handling patients, implementation of rules and regulations on minimizing manual patient handling at various hospitals are major factors driving the demand for patient lateral transfer devices across the globe.

3 Forecast Highlights on Global Patient Lateral Transfer Market

1. North America is expected to dominate the global patient lateral transfer market. By the end of 2022, North America is projected to exceed US$ 100 million revenue. Increase in chronic and lifestyle diseases, the rise in Musculoskeletal Disorders (MSDs) among healthcare workers are some of the factors driving the market for patient lateral transfer in North America.

2. Asia Pacific Excluding Japan (APEJ) is also expected to witness strong growth during the forecast period. Owing to the significant investment by the government and major market players in healthcare, and research and development infrastructure are some of the factors fueling market growth in APEJ.

3. Air assisted transfer device is expected to be one of the most preferred product for patient lateral transfer. Accounting for more than half of the revenue share by the end of 2017, Air assisted transfer device is projected to surpass US$ 150 million revenue by the end of 2022. Meanwhile, slide sheets are also expected to witness healthy growth during the forecast period.

North America to Dominate the Global Patient Lateral Transfer Market

With the rise in a number of caregivers suffering from Musculoskeletal Disorders (MSDs), the majority of hospitals in North America have started using various patient lateral transfer products, making it easy to transfer patients. Hence, North America patient lateral transfer market is likely to emerge as the biggest markets in the global patient lateral transfer market. On the other hand, APEJ and Europe are also likely to witness the growth throughout the forecast period.

Reusable Patient Lateral Transfer Products to Gain Highest Revenue Share

Reusable patient lateral transfer products are likely to gain more than three-fourth of the revenue share by 2017 end. Reusable patient lateral transfer products are estimated to bring in more than US$ 200 million revenue towards 2022 end. Meanwhile, single patient use products are likely to experience strong growth from 2017 to 2022.

Air Assisted Transfer Device to Emerge as a Highly Preferred Product

Among various patient lateral transfer devices available in the market, air assisted transfer device is likely to be one of the top selling product in the global patient lateral transfer market. Towards the end of 2022, air assisted transfer device is estimated to bring in nearly US$ 200 million revenue. Although slide sheets as a product for patient lateral transfer are likely to show impressive growth throughout the forecast period.

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Table of Content:

1. Global Patient Lateral Transfer Market – Executive Summary

2. Global Patient Lateral Transfer Market Overview
2.1. Introduction
2.1.1. Global Patient Lateral Transfer Market Taxonomy
2.1.2. Global Patient Lateral Transfer Market Definition
2.2. Global Patient Lateral Transfer Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Patient Lateral Transfer Market Y-o-Y Growth
2.3. Global Patient Lateral Transfer Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Patient Lateral Transfer Market Analysis and Forecast By Product Type
3.1. Global Patient Lateral Transfer Market Size and Forecast By Product Type, 2012-2022
3.1.1. Air Assisted Transfer Device Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Slide Sheets Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

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