Press release
Growing Demand For Patient Handling Equipment & Patient Positioning Devices To Accelerate Patient Lateral Transfer Devices Market
As per Fact.MR, a market research and competitive intelligence provider, the global patient lateral transfer devices market is anticipated to top US$ 500 Mn by 2031, progressing at a CAGR of 7% over the forecast period of 2021 to 2031.Lateral transfer is a repositioning aid or equipment that reduces friction and makes it easier and safer to transfer patients laterally.
Patient lateral transfer devices are designed to stay with the patient and provide transfer assistance during their stay in the hospital. Healthcare workers often perform a physical task, generally transferring a patient from one bed to another, from a bed to a stretcher, etc. Hence, while carrying out the transfer, force is put on the back of the patient, which results in back problems and pain.
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To avoid complications, manufacturers are focusing on providing non-mechanical devices that can help in easy patient lateral transfer without causing any injuries to both, patients and healthcare workers.
Technological innovations in patient lateral transfer products as well as significant or sudden increase in the number of patients admitted to hospitals for unique ailments are key factors driving market growth.
Increased risk of caregiver injuries when handling patients as well as implementation of policies and regulations aimed at reducing manual patient handling at various hospitals are factors expected to boost demand for patient lateral transfer devices over the next ten years.
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Key Takeaways from Market Study
• Global patient lateral transfer devices market to top US$ 500 Mn by 2031.
• Air-assisted lateral transfer devices projected to reach around US$ 250 Mn by 2031.
• Slide sheets projected to record above 5% CAGR over next 10 years.
• Market in North America holds share of more than 40%.
• Market in France expected to reach valuation of US$ 70 Mn by 2031.
• Market in Australia to record 4% CAGR over forecast period of 2021- 2031.
"Advanced technologies are allowing more preventive healthcare firms to take the lead in cost-cutting and improving patient quality of life. Moreover rising investments by government bodies to enhance hospital and other healthcare facilities are driving demand for patient lateral transfer devices," says a Fact.MR analyst.
Key Segments Covered in Patient Lateral Transfer Devices Industry Research
• Product
o Air-Assisted Patient Lateral Transfer Devices
Regular Air-assisted Patient Lateral Transfer Mattresses
Split-leg Air-assisted Patient Lateral Transfer Mattresses
Half Air-assisted Patient Lateral Transfer Mattresses
Reusable Air-assisted Patient Lateral Transfer Mattresses
Disposable Air-assisted Patient Lateral Transfer Mattresses
o Slide Sheets
o Transfer Accessories
• Usage
o Reusable Patient Lateral Transfer Products
o Single-use Patient Lateral Transfer Products
• End User
o Patient Lateral Transfer Devices for Hospitals
o Patient Lateral Transfer Devices for Ambulatory surgical Centers
o Others
Market Competition
• Airpal Inc.
• Getinge AB
• Stryker Corporation
• Medline Industries Inc.
• McAuley Medical Inc.
• Sizewise Rentals
• LLC
• EZ Way Inc.
• Alimed Inc.
• Hill-Rom Holdings Inc.
• Blue Chip Medical Products Inc.
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