Patient Handling Equipment Market Opportunities and Industry Forecast, 2018-2024: Stryker Corporation, Invacare Corporation, Prism Medical Ltd, Getinge Group, Guldmann Inc., Handicare, Joerns Healthcare
Germany dominated European region with market share of 22.2% during 2017. High growth rate is attributable to rising number of disabled people. According to German Federal Statistical Office, in 2017, around 7.8 million German people were living with severe disabilities. Growing burden of disabled people across the projected timeframe will favor regional growth in the future.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/668601/
Patient Handling Equipment Market will exceed USD 23 billion by 2024; as per a new research report. Increasing burden of disabled population will escalate demand for patient handling equipment. According to World Health Organization (WHO), about 15% of the world population lives with some form of disabilities. Disabled people require patient handling equipment for their activities of daily living. Increasing number of disabled people will drive industry growth during the forecast period.
Rising geriatric population will drive patient handling equipment market growth in upcoming years. Elderly people are more prone to injuries due to falling as their frailty level is high. Aging population coupled with increasing incidence of injury due to falling will drive the need for patient handling equipment, thereby fostering industry growth.
Medical beds segment accounted for largest revenue of USD 2,961.1 million in 2017. Availability of wide range of medical beds for different application such as labor management, treating patients suffering from dementia are major factors for its growth. Improved design to provide maximum comfort to patients will favor segmental growth in the future.
Mobility assistance segment contributed to largest revenue of USD 3,123.8 million in 2017 owing to rising prevalence of obesity. According to World Health Organization (WHO), about 1.9 billion adults were overweight in 2016. Increasing burden of obesity will escalate demand for patient handling equipment that assist in mobility of patients in healthcare centers, thus propelling segmental growth.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/668601/
Hospitals segment accounted for largest revenue of USD 5,119.7 million in 2017. High growth rate is attributable to presence of technologically advanced patient handling equipment. Availability of well-trained and skilled healthcare personnel offering care to geriatric and disabled patients will support segmental growth during the projected timeframe.
Japan dominated Asia Pacific region with market share of 38.5% in 2017, owing to increasing burden of geriatric population. As per Internal Affairs Ministry survey, about 2.06 million people in Japan aged above 90 years and approximately 11.9% people aged above 60 years. Large number of geriatric populaces will lead to increased demand for patient handling equipment, favoring regional growth in the forecast timeline.
Prominent industries involved in patient handling equipment market are Besco Medical Co., Ltd, Getinge AB, Hill-Rom Holdings, Inc., Invacare Corporation, Malvestio S.P.A., Medline Industries, Inc., Paramount Bed Co., Ltd., Span-America Medical Systems, Inc. and Stryker. These prominent business players focus on strategies such as mergers, new product launch and acquisitions to strengthen market position. For instance, in July 2015, Stryker announced acquisition of Muka Metal, A.S., a developer of medical beds, stretcher and other equipment. This acquisition will enable the company to expand its geographic outreach and broaden its product portfolio for long-term growth in future.
Table of Content:
Chapter 1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
188.8.131.52. Paid sources
184.108.40.206. Unpaid sources
Chapter 2. Executive Summary
2.1. Patient handling industry 360 degree 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
220.127.116.11. Escalating incidence of disabilities
18.104.22.168. Rising geriatric population
22.214.171.124. Risk of injuries to caregivers during manual handling of patients
126.96.36.199. Implementation of regulations ensuring safety of healthcare personnel against manual lifting of patients
3.3.2. Industry pitfalls & challenges
188.8.131.52. Insufficient training provided to caregivers to operate patient handling equipment
184.108.40.206. 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
Chapter 4. Patient Handling Equipment Market, By Product
4.1. Key segment trends
4.2. Wheelchairs and scooters
4.2.1. Market size, by region, 2013-2024 (USD Million)
For more information on this report at: https://www.marketstudyreport.com/reports/patient-handling-equipment-market/?utm_source=Openpr.com-SP
United States Safe Patient Handling Equipment Market Report 2017
In this report, the United States Safe Patient Handling Equipment market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
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 Opportunities and Industry Forecast, 2018-2024: Stryker Corporation, Invacare Corporation, Prism Medical Ltd, Getinge Group, Guldmann Inc., Handicare, Joerns Healthcare here
News-ID: 1511597 • Views: 117
More Releases from marketstudyreport.com
Clinical Laboratory Services Market By Regional Trend & Growth Forecast 2019-202 …
Market Study Report recently introduced new title on “Global Carbon Black Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. The Latin America breast pump market accounted for more than 12% revenue share in 2018 and is assessed to witness a significant CAGR by 2025. This is due to the development in healthcare facilities
Sleep Apnea Devices Market - Growth, Trends, and Forecast (2019 - 2025)
Market Study Report recently introduced new title on “2019-2025 Global Sleep Apnea Devices Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025. Technological advancements in sleep apnea devices is a major market growth augmenting factor. Hypoglossal Nerve Stimulation (HNS), is a completely novel approach for treating obstructive sleep apnea. Moreover, growing alcohol intake in
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
What's driving the Industrial IoT (IIoT) Market trends? Rockwell Automation, ABB …
A detailed study on ‘Industrial IoT (IIoT) Market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors
More Releases for Patient
Interactive Patient Care
In 2018, the global Interactive Patient Care market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. This report focuses on the global Interactive Patient Care status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Interactive Patient Care development in United States, Europe, China, Japan, Southeast
Patient Registry Software
The Patient Registry is a collection of data about the individuals with a specific diagnosis or with the specific risk factors for a disease. Patient registry have various uses such as, to establish characteristics of the disease, monitoring of treatment, and management in clinics. These patient registry software are configurable and offers unparalleled flexibility allowing user to design databases according to data collection needs. These registries are global online databases
Patient Portal Software Market
Patient Portal Software Market The study on the global Patient Portal Software Market which is backed by extensive primary and detailed secondary research, involving numerous static databases, national government documentation, latest news articles, press releases, company annual reports, financial reports, pertinent patent and administrative databases, as well as a range of internal and external proprietary databases. Request for a free sample report @ https://www.reportsmonitor.com/request_sample/105448 Giving a fleeting introduction to the prerequisites of the industry, the report starts
Patient Engagement Solutions Market
Patient engagement solutions help patients manage their healthcare information and allows for greater interataction of the medical team with the patients. It is essential for to provide the necessary tools to actively engage in the management of their own health. Better access to healthcare providers and personal healthcare information helps patients to assists effective self-care. Cost-effective healthcare, increased patient outreach, fewer complications, lower hospital readmission rates, shorter hospitalization periods,
Global Patient Warming System Market
Global Patient Warming System Market Research Report 2018 to 2025 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on
Patient Safety 2017
Conference Series LLC takes immense pleasure & feels honored in inviting all the speakers across the globe to attend the “World Congress on Patient Safety & Quality Healthcare” scheduled during September 04-05, 2017 in London, UK. Target Spectators: We extend warm welcome to distinguished Nobel laureates, Researchers, Professors, Healthcare Professionals, Registered Nurses, Young Researchers, Students, Delegates and Exhibitors around the world to explore the Knowledge in Patient Safety and Healthcare. Theme: