Press release
Global Patient Lifting Equipment Market - Industry Trends and Forecast to 2029
Covid-19 Impact on Patient Lifting Equipment MarketCOVID-19 has resulted in a significant increase in the demand for medical supplies such as personal protective equipment such as masks, gloves, and protective eyeglasses. With an increase in the number of COVID-19 cases worldwide, the demand for medical supplies from both healthcare professionals and civil populations for precautionary measures continues to rise. Manufacturers of these products have an opportunity to capitalise on the increased demand for medical supplies in order to ensure an adequate and consistent supply of personal protective equipment in the market. COVID 19 is expected to have a significant impact on the Patient Lifting Equipment market as a result of these factors.
Recent Development
• Invacare Corporation collaborated with Alber to announce the US launch of SMOOV one, an innovative and pioneering power-assist solution, in July 2020.
• Etac introduced two new products on October 23rd, 2018, Molift Raiser pro, which was available in both sitting and standing segments.
Global Patient Lifting Equipment Market Scope
The Patient Lifting Equipment market is segmented on the basis of product and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
• eiling lifts
• stair and wheelchair lifts
• mobile lifts
• sit- to- stand lifts
• bath and pool lifts
• lifting slings
• accessories
The product segment of the patient lifting equipment market is divided into ceiling lifts, stair and wheelchair lifts, mobile lifts, sit- to- stand lifts, bath and pool lifts, lifting slings and accessories.
End User
• Healthcare Providers
• Hospitals
• Home care settings
• Elderly care facilities
• others
Based on end- users, the patient lifting equipment market is segmented into hospitals, home care setting, elderly care facilities and other..
Patient Lifting Equipment Market Regional Analysis/Insights
The Patient Lifting Equipment market is analysed and market size insights and trends are provided by country, product and end user as referenced above.
The countries covered in the Patient Lifting Equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to grow at the fastest CAGR. The growing geriatric and bariatric population in the United States and Canada, the expansion of the North American home healthcare industry, and the increasing patient volume in nursing homes and elderly care facilities are the major factors driving the growth of the North American patient lifting equipment market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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