Press release
Patient Handling Equipment Market Detail Analysis focusing on Key Players like 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 Sys
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.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/668601/?utm_source=openpr.com&utm_medium=Deepak
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.
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/?utm_source=openpr.com&utm_medium=Deepak
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.
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.
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.
More Details on this Report; https://www.marketstudyreport.com/reports/patient-handling-equipment-market/?utm_source=openpr.com&utm_medium=Deepak
About Us:
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.
Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: www.marketstudyreport.com
Blog: www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
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 Detail Analysis focusing on Key Players like 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 Sys here
News-ID: 1535201 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Handling
Drive Through Rack Market 2019 | Global Forecast 2025 | Top Key Players – SJF …
Drive Through Rack Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/107910
UpMarketResearch offers a latest published report on “Global Drive Through Rack Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive…
Ground Handling System Market Report 2018: Segmentation by Equipment (Aircraft H …
Global Ground Handling System market research report provides company profile for dnata, Havas, JBT AeroTech, SATS, Swissport International and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on…
Liquid Handling Systems Market, by Product Type Pipettes, Reagent Dispensers, Li …
Factors such as increasing investments in research and technology as well as rising adoption of automation in life science laboratories are expected to significantly contribute to the growth of the liquid handling systems market. Human-driven lab processes are being replaced by robotic and other automated devices for performing the same tasks with greater accuracy, enhanced reproducibility and sensitivity, and reduced error risks. Moreover, various startup companies are working towards integrating…
Material Handling Equipment Material Handling Equipment Industry Applications, K …
Global Material Handling Equipment industry valued approximately USD 21 billion in 2015 is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2014-2025. The increasing manufacturing activities in automotive, pharmaceutical, chemical, and food & beverage industries is expected to encourage the demands in this industry.
The objective of the study is to define market sizes of different segments & countries in previous years and…
Handling FMLA Abuse
Edupliance announces webinar titled, “Handling FMLA Abuse” that aims to help attendees to understand how do they identify the FMLA abuse and what can they do about it. The event going to be held LIVE on, Nov 21, 2017 from 1 PM - 02:30 PM ET/ 10 AM - 11:30 AM PT.
Since the Family and Medical Leave Act (“FMLA”) was signed into law, employers have been faced with the…
Global Drive Through Rack Market 2017 : SJF Material Handling, AK Material Handl …
Drive Through Rack Market 2017
A market study based on the " Drive Through Rack Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Drive Through Rack Market 2017’. The research report analyses the historical as well as present performance of the worldwide Drive Through Rack industry, and makes predictions on the future status of Drive Through Rack market on the basis of this…
