Patient Handling Equipment Market Research Report; Analysis by Products, Care Type, End Use, Geography and Top Players | Getinge Group, Invacare Corporation, Benmor Medical Ltd. and Stryker Corporation

According to the latest study published by AnalystView Market Insights, by the end of 2025, the global patient handling equipment market is expected to reach USD 22.35 billion by 2025, expanding at CAGR of 12.2%. This report studies the patient handling equipment market status and outlook of global and different regions, from angles of major manufacturers, product, care types and end use industries. This comprehensive report analyzes the top manufacturers in global and major regions, and splits the patient handling equipment market by product, care type and end-use industries.

Patient handling equipment comprise of variety of medical devices that help patients in moving and helps patients during their physical disabilities. These devices include medical chairs, slings, scooters, and many others. Increasing geriatric population coupled with rising incidence of disability problems drive the market growth to significantly. According to the World Health Organization (WHO), between 2015 to 2050, the proportion of the global population aging (over 60 years) is projected to increase from 12% to 22%. The organization also stated that the pace of population aging is much faster than the past. Such growth in geriatric population will surely increase the demand for patient handling equipment, leading to the market growth. Rising incidence of injuries due to manual lifting is anticipated to drive the demand for safe patient handling equipment in the coming years. The frequent injuries faced by caregivers while manual lifting include ligament damage, stress on the spinal disc, back, and the facet joints, which can be avoided using patient handling equipment, are expected to propel the market growth.

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The global patient handling equipment is classified in terms of products and end use. Product segment is categorized as Wheelchairs, Medical Scooters, Mechanical Scooters, Non-Mechanical Scooters, Ambulatory Aids and Other Patient Handling Equipment. Wheelchairs are the largest revenue generating market segment, accounted for more than 26% of the total market. Advancement in technologies coupled with associated benefits of powered wheelchairs supported the market growth. For example, powered wheelchairs offer durability and stability and enable patient movement without the use of lifts. However, training is extremely necessary to educate caregivers about the mechanism and functioning of patient handling products and its operations for their effective use. However, the lack of adequate training staff provided by very few organizations & companies is hampering the growth of the patient handling market.

In terms of Care Type, the market is categorized as Critical Care, Fall Prevention, Bariatric Care, Wound Care and Other Care Type. Bariatric care accounted for the significant share (more than 15% of global revenue) of the total market. With the rising incidence of lifestyle-associated diseases, the demand for bariatric care has likewise risen. Around, 21% share of the global market is captured by fall prevention. According to the Centers for Disease Control and Prevention (CDC) in the U.S., yearly 2 million cases of fall-related injuries are treated in the emergency department. End Use segment is categorized as Home Care, Elderly Care and Hospital Settings.

Regionally, the market is divided into North America, Europe, Asia Pacific and Rest of the World. Developed regions such as North America and Europe recorded highest share of the global market. Europe held a largest revenue share (45.23% in 2016) of the overall patient handling equipment market in 2015. Presence of significant number of healthcare facilities, increasing demand for better services, and availability of trained professionals supported the regional growth. On other side, developing regions such as Asia Pacific (9.8% CAGR) and Latin America (8.9% CAGR) is growing at constant growth rate over the forecast period. Increasing incidence of disabilities and occupational injuries amongst healthcare workers across region is presumed to be responsible for propelling the regional growth. The global patient handling equipment market is consolidated in nature. Major players such as Getinge Group, Invacare Corporation, and Stryker Corporation dominated the market.

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Global Patient Handling Equipment Market: Snapshot
Market, by Products
- Wheelchairs
- Medical Scooters
- Mechanical Scooters
- Non-Mechanical Scooters
- Ambulatory Aids
- Others

Market, by Care Type
- Critical Care
- Fall Prevention
- Bariatric Care
- Wound Care
- Others

Market, by End Use
- Home Care
- Elderly Care
- Hospital Settings

Market, by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- Rest of the World

Market, by Country
- U.S.
- Canada
- Germany
- France
- India
- China

Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):
- Getinge Group
- Invacare Corporation
- Benmor Medical Ltd.
- ArjoHuntleigh
- Prism Medical Ltd.
- Stryker Corporation

USP of our key vendor analysis:
-Well-designed strategic framework design for these key players will help to understand the market movement including regional expansion, mergers & acquisitions, and new product developments
-Thorough SWOT i.e. Strength, Weakness, Opportunities and Threat for individual company profiling is analyzed in order to present a detailed market opportunity assessment.

Key benefits of the report:
• The report presents a macro and micro-level outlook regarding the industry. Thus, it becomes easy for our clients to perceive the business landscape and take a glimpse of their own standing in it.
• A thorough analysis of relevant statistical data to estimate the market paradigms
• Exceptional understanding of region and country-specific markets. The report will answer some of the toughest questions regarding the market shares, sizes, forecasts, segmentation, and growth specific to the countries.
• Well-designed strategic framework analyzes the market movements including regional expansion, mergers & acquisitions, and new product developments

Research Methodology:
- Preliminary Data Mining: Secondary Research, Paid Databases, Primary Research
- Data Synthesis & Analysis: Top-Down Approach, Bottom-Up Approach, Supply Side and Demand Side
- Market Formulation: Market Dynamics, Total Addressable Market and Machine Learning Technique
- Data Verification: Quality Assurance and Reach a Conclusion

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