Press release
Patient Handling Equipment Market to Observe 12.15% of Huge CAGR by 2029
Data Bridge Market Research completed a qualitative study titled Patient Handling Equipment Market with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. The most up-to-date technology was used in conjunction with expert industry knowledge and practical, effective, and innovative solutions to develop this Patient Handling Equipment report. Market penetration-increasing tactics such as new product releases, geographical expansion, agreements, joint ventures, partnerships, and acquisitions are discussed. This study of the Patient Handling Equipment market focuses on numerous submarkets that are anticipated to grow rapidly in terms of revenue throughout the study's approximate forecast time frame.The market for patient handling equipment is estimated to increase rapidly over the forecast period. Patient handling equipment is used by patients who require physical assistance and those who are on medication or who are ill. Patient handling equipment is used in various contexts, including home care, hospitals, rehabilitation centers, and elderly care facilities. The patient handling equipment ensures the safety of physicians and caregivers while working with patients.
Data Bridge Market Research analyses that the patient handling equipment market was valued at USD 12.4 billion in 2021 and is expected to reach USD 31.03 billion by 2029, registering a CAGR of 12.15% during the forecast period of 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Opportunities
Growing demand for healthcare services
Moreover, the rising demand for healthcare services will provide beneficial opportunities for the patient handling equipment market growth. A growing number of government laws are being enacted around the world to lower the length and cost of healthcare procedures. As the demand for home care grows in the next years, so will the demand for equipment used to treat patients in those settings, such as patient transfer devices, mobility devices, and medical beds.
Moreover, growing focus of manufacturers on the adoption of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the patient handling equipment market growth during the forecast period.
Segmentation:
The patient handling equipment market is segmented on the basis of mode, product type, care, accessories, application 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.
Mode
Mechanical Equipment
Non Mechanical Equipment
On the basis of mode, the market is segmented into non mechanical equipment and medical equipment.
Product Type
Medical Beds
Patient Repositioning Equipment
Mobility Aid
Bathroom Safety
Ambulatory Aids
On the basis of product type, the market is segmented into mobility aid, medical beds, patient repositioning equipment, ambulatory aids and bathroom safety. The mobility aid is further segmented into wheelchairs and medical scooters. The wheelchairs are further segmented into manual wheel chairs and powered wheel chairs. The medical beds are further segmented into long term care beds, psychiatric care beds, curative care beds and others. The patient repositioning equipment is further segmented into hoists and slings. The hoists are further segmented into mobile hoists, ceiling hoists, bath side hoists and other hoists.
Type of Care
Long Term Care
Bariatric Care
Acute and Critical Care
Wound Care
Fall Prevention
Others
On the basis of type of care, the market is segmented into bariatric care, acute and critical care, wound care, long term care, fall prevention and others.
Accessories
Hospital Bed Accessories
Medical Bed Accessories
Lifting Accessories
Transfer Accessories
Stretcher Accessories
Others
On the basis of accessories, the market is segmented into lifting accessories, transfer accessories, medical bed accessories, stretcher accessories, hospital bed accessories and others.
Application
Acute and critical care
Long-term care
Mobility assistance
Fall prevention
Others
On the basis of application, the market is segmented into acute and critical care, long-term care, mobility assistance, fall prevention and others.
End User
Hospital
Home Care Settings
Elderly Care Facilities
Others
On the basis of end user, the market is bifurcated into home care settings, elderly care settings, hospital and others.
Key Market Players:
OpeMed (United Care) Ltd. (UK)
VENDLET (Denmark)
Guldmann A/S (Denmark)
DJO LLC (US)
Hill-Rom Services Inc (US)
Getinge AB (Sweden)
Invacare Corporation (US)
Etac AB (Sweden)
Permobil (Sweden)
Joerns Healthcare LLC (US)
Handicare Group AB (Sweden)
Stiegelmeyer GmbH & Co. KG (Germany)
Stryker (US)
Sunrise Medical (UK)
LINET (Czechia)
Arjo (Sweden)
Mangar Health (UK)
benmormedical (UK)
Browse More Info @ https://www.databridgemarketresearch.com/reports/global-patient-handling-equipment-market
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Data Bridge Market Research
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
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