Patient Handling Equipment Market Recent Trends, Future Growth Analysis Forecasts 2027|Arjo, Invacare Corporation, Handicare, Stryker

The global Patient Handling Equipment market was valued at 1128.43 Million USD in 2020 and will grow with a CAGR of 5.7% from 2021 to 2027. Patient handling equipment is becoming more popular as the world's disabled population grows. Due to the fast expansion of chronic diseases, the number of disabled persons is increasing. To carry out their everyday activities, disabled persons require patient handling equipment. Increasing occurrences of disability will drive the market for patient handling equipment to rise significantly throughout the forecast period.

North America retained the largest revenue share in 2020, owing to sophisticated healthcare infrastructure and the rising frequency of chronic diseases, which are two factors driving the region's growth. The presence of key industry players, as well as well-established and advanced healthcare facilities, will fuel the market's expansion in the United States. Furthermore, the availability of well-trained nursing staff in the United States will drive regional market growth.

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Top Key Players Included in Patient Handling Equipment Market Report: Arjo, Invacare Corporation, Handicare, Stryker, Hill-Rom, Investor, Prism Medical, Getinge Group, Guldmann, Stiegelmeyer

COVID 19 is already experiencing its effects and has also been affected as a growth rate by the global crisis. The COVID-19 outbreak, which resulted in the growth momentum, affected flight cancellations, travel, and quarantine bans, restaurant closures, declaring an emergency, increasing public panic, and restrictions on all indoor and outdoor activities. All of this has had effects on massive supply chain slowdown, stock market volatility.

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Patient Handling Equipment Market segment by Type:
Patient transferring and repositioning equipment
Mobilizing equipment
Lifting equipment
Bath safety equipment

Patient Handling Equipment Market segment by Application:
Home Care Settings
Hospitals
Elderly Care Facilities

The Patient Handling Equipment market research also examines market performance in APAC, Latin America, Europe, North America, and Africa. The regional study provides nation, deployment, product, end-users, and part information and trends for the market analysis The current development, innovation, fusions, and expansion are discussed in this part. In addition, in some nations and locations around the world, has been the leading market participants.

FAQs:
1. When it comes to new research and development, what value propositions should organizations aim for?
2. Which region will contribute the most to the worldwide revenue of Patient Handling Equipment?
3. Which end-user is anticipated to take the lead in the Patient Handling Equipment market?
4. Who are the key market players and what are their strategies in the Patient Handling Equipment market?

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