Patient Handling Equipment Market : Eminent Players – Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd, Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare
Over the recent years, patient handling equipment market has observed a remarkable push, inherently influenced by the unprecedented advancements in medical devices business space. A transformational change has been observed in the healthcare fraternity with regards to value chain, from volume to outcome-based, patient centric approach. The advent of new technologies, presence of strong regulatory framework, and subsequent emergence of intense competitive arena has brought forth a slew of complexities for patient handling equipment industry players. Amidst the fierce share battle, product innovation is claimed to be one of the major growth strategies defining the sustainability quotient of the industry.
Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/2142
Citing a recent instance, HoverTech International, a leading giant in patient handling equipment market has recently extended its product line of highly breathable HoverMatt Single-Patient Use, specifically designed for pressure injury prevention. Reportedly, this advanced fabric technology infused air transfer mattresses protect patient skin by minimizing moisture buildup and heat transfer. Allegedly, with HoverMatt SPU, the caregivers can very smoothly turn, transfer, and position patients without much straining or lifting, given the fact there is a cushion of air beneath the inflated device which claims to reduce the pressure required to move the patient by almost 80% -90%. Experts have been already raving about the new product claiming that it to disrupt the conventional patient handling equipment industry.
Speaking along the similar lines, mobility assistance, unquestionably, is one of the lucrative application arenas of patient handling equipment market. The growing percentage of the geriatric and disabled population, who are constantly in need of walking assistance such as wheelchairs, crutches, is bound to considerably boost the market demand in the coming years. As per a report put forth by Center for Disease Control and Prevention, in U.S., almost one out of five adults are challenged with a physical disability. The study further depicted that the most common type of functional disability is mobility limitation- which is reported to be found in almost one in eight adults. The shocking prevalence of mobility disorder has prompted manufacturers to come up with advanced systems, which by extension is creating lucrative growth avenues for patient handling equipment industry. As per estimates, mobility assistance sector procured a major chunk of the overall patient handling equipment market share in 2016. In tandem with the technological advancements, favorable reimbursement policies for these equipment would complement the business growth in coming years.
Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/2142
One of the major reasons for U.S. to become the favorite spot for patient handling equipment market investors can be quite comprehended from the aforementioned statistic with regards to mobility disability. Add to this, the nation has been rigorously participating in patient handling program that constitutes minimal lift policy. The University of Iowa Hospitals and Clinics, for instance, has implemented a safe patient handling program, resulting in reducing the workers’ compensation cost as well as recovering the initial investment on equipment. Considering the efforts that are being continuously undertaken by the U.S. government to reduce the equipment cost, U.S. patient handling equipment market is expected to witness a healthy growth over 2017-2024.
The overall patient handling equipment industry, as claimed by Global Market Insights, Inc., will exceed a valuation of USD 23 billion by 2024. The figure is reportedly more than double the market valuation of USD 9.8 billion attained in 2016. However, one of the major constraints that can hamper the growth of this business space over the ensuing years is the lack of proper training provision for the nursing staffs. Companies, nonetheless, have been increasingly undertaking significant initiatives such as patient handling program to combat the challenge. Driven by the increasing takeover of technology in equipment design, in tandem with its diversified application matrix, patient handling equipment industry is sure to gain remarkable proceeds in the coming years.
Chapter 1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
18.104.22.168. Paid sources
22.214.171.124. Unpaid sources
Chapter 2. Executive Summary
2.1. Patient handling industry 3600 synopsis, 2013 – 2024 (USD Million)
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. End-use tends
2.1.5. Regional trends
Chapter 3. Patient Handling Equipment Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
126.96.36.199. Escalating incidence of disabilities
188.8.131.52. Rising geriatric population
184.108.40.206. Risk of injuries to caregivers during manual handling of patients
220.127.116.11. Implementation of regulations ensuring safety of healthcare personnel against manual lifting of patients
3.3.2. Industry pitfalls & challenges
18.104.22.168. Insufficient training provided to caregivers to operate patient handling equipment
22.214.171.124. Difficulties in manual handling of bariatric patients
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By application
3.4.3. By end-use
3.5. Regulatory landscape
3.6. Porter’s analysis
3.7. Competitive landscape, 2017
3.7.1. Strategy dashboard
3.8. PESTEL analysis
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Patient Handling Equipment Market : Eminent Players – Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd, Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare here
News-ID: 1365632 • Views: 158
More Releases from Global Market Insights, Inc.
Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across
More Releases for Industry
Global Bisphenol A Industry
Global Bisphenol A market size is accounted for $14.6 billion in 2014 and is expected to grow at a CAGR of 5.2% to reach $21.9 billion by 2022. The drivers of the market are raising demand for polycarbonate plastics and epoxy resins, growth in global automobile sector and rapid growth in demand for Bisphenol A in developing countries. The challenges faced by the market are volatility in crude oil prices
Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medic …
Researchmoz added Most up-to-date research on "Global Nutraceuticals Market By Application | Food Industry, Ink Industry, Medicine Industry, Electronic Industry and Paint Industry" to its huge collection of research reports. This report studies Nutraceuticals in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers
Global Email Marketing Industry
Albany, New York, May 10, 2017: The increasing number of internet users and the rising of the retail/e-commerce industry across the globe is likely to boost the demand for email marketing over the next few years. This rapidly rising global email marketing industry is the focus of a new market report recently added to the massive online repository of Market Research Reports Search Engine (MRRSE) with a title of “Email
Digital Transformation / “Industry 4.0”
Wesseling, April 12th 2017: When humans, machines and industrial processes are intelligently connected then we are speaking about “Industry 4.0”. Thus it is possible to create and provide customised products and services whereat most modern information and communication technologies are used. Intelligent, digital and flexible cross-linked systems and production processes form the technical basis for well- and efficiently-designed processes. UIM is working within the digital transformation section today and acquired
2016 Connector Industry Yearbook
ReportsWorldwide has announced the addition of a new report title 2016 Connector Industry Yearbook to its growing collection of premium market research reports. Each year, Bishop & Associates prepares the Connector Industry Yearbook based on annual reports provided by publicly traded connector companies. Income statements and balance sheets are consolidated for the past 10 years, 5 years, and most current year, providing benchmarks on the industry and the overall performance
Notes: Sales, means the sales volume of Embedded Analytics Revenue, means the sales value of Embedded Analytics Get Sample Copy of Report: https://goo.gl/OUc8J0 This report studies sales (consumption) of Embedded Analytics in Global market, especially in United States, China, Europe, Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering Microsoft Corporation IBM Corporation SAP SE Opentext Corporation Microstrategy, Inc. Logi Analytics, Inc. Sisense, Inc. Birst, Inc. Information Builders Tibco Software, Inc. Qlik