Patient Lateral Transfer Market Size, Share, Trend Analysis, Segmentation And Forecast To 2033

"The new report published by The Business Research Company, titled ""Patient Lateral Transfer Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the patient lateral transfer market size has grown strongly in recent years. It will grow from $4.09 billion in 2023 to $4.49 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The patient lateral transfer market size is expected to see strong growth in the next few years. It will grow to $6.43 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.

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Rising Hospitalization Rates Driving Patient Lateral Transfer Market Growth
The increasing hospitalization rate is expected to propel the growth of the patient lateral transfer market going forward. The rising hospitalization rate refers to the growing number of people admitted to hospitals for medical treatment. Lateral transfer is used for patients in hospitals to change the patient's position, provide care, and assess the patient's condition. For instance, in September 2022, according to the National Health Service of England, in 2020-2021, the number of finished admission episodes (FAEs) was 12,813,120, which increased to 15,979,490 in 2021-2022. This is an increase of 24.7% in 2020-21. Therefore, the increase in hospitalization is driving the growth of the patient lateral transfer market.

Innovative Multi-Position Mobile Air Transfer Systems (MATS) Revolutionize Patient Lateral Transfer Market
Major companies operating in the patient lateral transfer market are developing innovative products such as mobile air transfer systems (MATS) to assist staff in properly tilting and transferring patients. Mobile Air Transfer Systems (MATS) are medical devices that use air cushions to help laterally transfer patients. For instance, in March 2022, Sage Products LLC, a US-based manufacturer of healthcare products, launched an innovative multi-position mobile air transfer system (MATS) to help transfer patients. Multi-Position MATS is an innovative patient transfer device designed to make moving patients from one position to another easier and safer. The Multi-Position MATS binds the patient to the OR table and includes a one-of-a-kind, skin-friendly foam cushion that redistributes pressure and is easily removed after surgery. The integrated arm wraps' novel design reduces the danger of nerve injury by shielding the patient's arms and keeping the arms adducted throughout the surgery.

The patient lateral transfer market covered in this report is segmented -

1) By Products: Air-Assisted Lateral Transfer Mattress, Sliding Sheets, Accessories
2) By Usage Type: Single Patient Use, Reusable
3) By End-User: Hospital, Ambulatory Surgical Center, Other End-Users

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Major companies operating in the patient lateral transfer market report are Stryker Corporation, Baxter International Inc., Medline Industries Inc., Zimmer Biomet Holdings Inc., Smith and Nephew plc., Steris plc., Scan Medical Co Inc., Arthrex Inc., Hill-Rom Holdings Inc., Getinge AB, Wideblue Ltd., Agiliti Inc , Arjo AB, Cantel Medical Corp, Etac AB, Handicare Group AB, AliMed Inc., Prism Medical Inc., EZ Way Inc., HoverTech International, AliMed Inc, Blue Chip Medical Products Inc., Airpal Inc., McAuley Medical Inc., Samarit Medical AG, Patient Positioning Systems LLC, David Scott Company, Haines Medical Australia, WY East Medical Company, GBUK Ltd.

Contents of the report:
1. Executive Summary
2. Patient Lateral Transfer Market Report Structure
3. Patient Lateral Transfer Market Trends And Strategies
4. Patient Lateral Transfer Market - Macro Economic Scenario
5. Patient Lateral Transfer Market Size And Growth
…..
27. Patient Lateral Transfer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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