Press release
Patient Handling Equipment Market will Touch a Valuation of Nearly 18984.0 Million USD in 2025 | Analysis by Worldwide Top Key Vendors - Stryker, Handicare, Guldmann, Getinge
The growing demand for Patient Handling Equipment has provided a major boost to the Global Patient Handling Equipment Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2019 up to 2023.Global Patient Handling Equipment Market overview:
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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With the slowdown in world economic growth of this market is largely driven by factors such as the rising geriatric population, high risk of injuries to caregivers during the manual handling of patients, and the implementation of regulations ensuring the safety of healthcare personnel during manual lifting processes. However, the persistent difficulties in handling Bariatric patients are expected to limit market growth to a certain extent.
The Patient Handling Equipment industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Patient Handling Equipment market size to maintain the average annual growth rate of 0.0699828028264 from 8200.0 million $ in 2014 to 11500.0 million $ in 2019, Market analysts believe that in the next few years, Patient Handling Equipment market size will be further expanded, we expect that by 2024, The market size of the Patient Handling Equipment will reach 18984.0 million $.
On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
1 Critical Care
2 Bariatric Care
3 Fall Prevention
4 Wound Care
Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
1 Hospitals
2 Home Care Settings
3 Elderly Care Facilities
Global Patient Handling Equipment market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
1 Stryker Corporation.
2 Hill-Rom Holdings, Inc.
3 Invacare Corporation
4 Prism Medical Ltd.
5 Getinge Group
6 Guldmann Inc.
7 Linet Spol. S.R.O.
8 Stiegelmeyer & Co. Gmbh
9 Handicare
10 Joerns Healthcare
As per the regional analysis, the Asia-Pacific market is estimated to grow at the highest Compound Annual Growth Rate during the forecast period. Factors such as the increasing incidence of musculoskeletal system -caused injuries to caregivers, growth in the elderly population, healthcare infrastructure improvements, and the increasing prevalence of chronic diseases are the major factors driving market growth in the Asia Pacific. Several countries in the Asia-Pacific have implemented policies for safe handling to prevent caregiver injuries while transferring and lifting patients. In addition, the overall expansion of economies in India, China, and Southeast Asia has further compelled key industry players to invest in this region owing to the lucrative opportunities presented by this market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Latest Industry Updates:
Stryker (NYSE: SYK) announced today it has completed the acquisition of Mobius Imaging, LLC, a leader in point-of-care imaging technology, and its sister company, GYS Tech, LLC (DBA Cardan Robotics). "Mobius Imaging and Cardan Robotics bring expertise in advanced imaging and robotics, as well as a robust product pipeline, that will provide Stryker the opportunity to increase its presence in Orthopaedics, Spine and Neurotechnology," said Spencer Stiles, Stryker's Group President, Orthopaedics and Spine. "With this acquisition, we are positioned to make healthcare better by providing more complete procedural solutions, including sales, service and support. We remain committed to our surgeons and helping them achieve the best possible outcomes for their patients
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Table of Contents:
Global Patient Handling Equipment Market Report 2020
1 Patient Handling Equipment Market Overview
2 Market Competition by Manufacturers
3 Production Capacity by Region
4 Global Patient Handling Equipment Consumption by Regions
5 Production, Revenue, Price Trend by Type
6 Global Patient Handling Equipment Market Analysis by Application
7 Company Profiles and Key Figures in Patient Handling Equipment Business
8 Patient Handling Equipment Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
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