Covid-19 Impact On Patient Handling Equipment Market 2020: Global Analysis, Industry Growth, Current Trends and Forecast 2030

The Business Research Company offers "Patient Handling Equipment Market Global Report 2020-30: Covid 19 Implications And Growth" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global patient handling equipment market is expected to grow from $12.4 billion in 2019 to $15.11 billion in 2020 at a compound annual growth rate (CAGR) of 22.15%. The growth is mainly due to the COVID-19 pandemic that has affected millions across the globe with a significant increase in the number of patients across hospitals and other care facilities, increasing the demand for the patient handling equipment in 2020. The market is then expected to stabilize and reach $19.49 billion in 2023 at a CAGR of 8.85%.

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The patient handling equipment market consists of sales of patient handling equipment and related services by entities (organizations, sole traders and partnerships) that manufacture patient handling equipment. They are used for specific lifting, transfer and movement of patients. Patient handling equipment is an assistive device that helps home care and hospital settings for transferring patients between chairs, beds, and other places.

Increasing geriatric population profile of most countries contribute to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment. According to United Nations, Department of Economic and Social Affairs, 1 in 11 people in the world were over the age of 65 in 2019 and this number is expected to increase to 1 in 6 people by the end of 2050. Moreover, the number of people globally over the age of 65 is expected to increase from 703 million in 2019 (constituting 9% of the world population) to 1.5 billion by the end of 2050. Therefore, an increase in the size of the geriatric population is anticipated to boost the demand for the patient handling equipment market during the forecast period.

Patient Handling Equipment Market Segmentation: -
By Product Type
Wheelchairs
Mobility Scooters
Medical Beds
Patient Transfer Equipment
Others

By Care Type
Critical Care
Fall Prevention
Bariatric Care
Wound Care
Others

By End-User
Homecare
Hospitals
Others

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Few Points From Table Of Content
1. Executive Summary
2. Patient Handling Equipment Market Characteristics
3. Patient Handling Equipment Market Size And Growth
4. Patient Handling Equipment Market Segmentation
5. Patient Handling Equipment Market Regional And Country Analysis
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24. Africa Patient Handling Equipment Market
25. Patient Handling Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Patient Handling Equipment Market
27. Patient Handling Equipment Market Trends And Strategies
28. Patient Handling Equipment Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Patient Handling Equipment Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Patient Handling Equipment Market are ArjoHuntleigh Inc., Hill-Rom Holdings Inc., Invacare Corporation, Stryker Corporation, Drive Divilbiss Healthcare Inc., ETAC AB, Gf Health Products Inc., Guldmann, Inc., Handicare Group AB, Joerns Healthcare LLC.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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