Global Patient Lifting Equipment Market Growth Factors, Applications, Regional Analysis, Key Players and Forecast by 2029

Global Patient Lifting Equipment Market size was valued at $1,241.04 million in 2020, and is projected to reach $2,676.16 million by 2030. registering a CAGR of 8.5% from 2021 to 2030

A patient lift is a tool used to help with transfers and movement of people who need assistance with mobility. Beyond the manual assistance given by carers, this support is required for the patient's transportation and movement. Floor lifts, sit-stand lifts, and ceiling track lift systems are examples of patient handling mechanical lift equipment. It is necessary to conduct a safety inspection in accordance with the manufacturer's instructions and agency policy. Before operating the mechanical lift equipment, it is crucial to make sure it is in good working order.

Patient lifts should not be confused with stairway chair lifts or elevators as they are intended to raise and move patients from one location to another. You can utilise a power supply or operate it manually. Hydraulics are used to run the manual equipment, while rechargeable batteries are needed for the powered models. When utilised properly, a patient lift provides the benefit of lowering the risk of damage to both patients and carers. Use of the device incorrectly can result in fatalities, fractures, and severe brain injuries in patients.

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Patient lifts have proven to be beneficial for carers and those with disabilities. Elderly and disabled people frequently find daily activities risky since they have mobility limitations. Geriatric illnesses typically co-occur with obesity and disability, therefore people with disabilities will need more mobility or lifting aids to carry out their everyday duties.

Top key players of The Global Patient Lifting Equipment Market:
• Arjo
• Guldmann
• Handicare
• Invacare
• Joerns Healthcare
• Medline Industries
• GF Health Products
• Active Mobility Systems
• Graham-Field
• Drive Medical
• Hoyer

Market: By Types
• Ceiling/Overhead Lift
• Stair Lift
• Sit to Stand Lift
• Bath & Pool Lift

Market: By Applications
• Hospital
• Home Care
• Elderly Care Facility

Global Patient Lifting Equipment Market: Regional Analysis
The countries covered in the regional analysis of the Global Patient Lifting Equipment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, 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), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Patient Lifting Equipment market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Patient Lifting Equipment would help in identifying future applications in this market.

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Objectives of the Study:
• To provide with an exhaustive analysis on the Patient Lifting Equipment Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

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