Press release
Patient Handling Equipment Market Size to Reach US$ 17.1 Billion 2023-2028
Patient Handling Equipment Market Research & Forecast Report 2023-2028
Report Highlights
How big is the patient handling equipment market?
According to the report, The global patient handling equipment market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
What is patient handling equipment?
Patient handling includes the utilization of mechanical equipment and services to move, support, and transfer patients conveniently in healthcare facilities. It includes various mechanical and nonmechanical equipment, such as wheelchairs, scooters, medical beds, and ambulatory aids. It reduces the risk of falls, friction burns, skin tears, and dislocated limbs from improper movement. It also ensures the safety of caregivers and doctors while handling patients. Apart from patient safety and comfort, it reduces worker compensation, medical, legal, and indemnity cost for healthcare employers.
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What are the growth prospects and trends in the patient handling equipment industry?
At present, the growing geriatric population and increasing prevalence of critical surgeries represent one of the key factors positively influencing the market across the globe. In line with this, rising cases of medical injuries in patients due to manual patient handling (MPH) and increasing occurrences of work-related musculoskeletal disorders (MSDs), and repetitive strain injuries in arms, legs, and joints are catalyzing the demand for patient handling equipment worldwide. Moreover, key market players are integrating radio frequency identification (RFID) in equipment for real-time traceability, identification, communication, and location data for improved convenience. They are also introducing innovative patient-handling devices, such as lateral transfer systems, convertible chairs, and overhead ceiling lifts, which are bolstering the growth of the market worldwide.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
Wheelchairs and Scooters
Medical Beds
Mechanical and Nonmechanical Equipment
Ambulatory Aids
Others
Breakup by Type of Care:
Bariatric Care
Fall Prevention
Critical Care
Wound Care
Others
Breakup by End User:
Hospitals
Home Care Settings
Elderly Care Facilities
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
EZ Way Inc.
Getinge AB
Guldmann Inc.
Hill-Rom Holdings Inc.
Invacare Corporation
Joerns Healthcare LLC
LINET Group SE
Medline Industries Inc.
Paramount Bed Co. Ltd.
Prism UK Medical Ltd
Stiegelmeyer GmbH & Co. KG
Stryker Corporation.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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