Press release
Global Hospital Stretchers Market: Strong Growth Predicted from $2.86 Billion in 2024 to $4.04 Billion in 2029
Hospital Stretchers Market Share
What Is The Projected Market Size Of The Global Hospital Stretchers Market And Its Growth Rate?
• The hospital stretchers market size is projected to grow from $2.86 billion in 2024 to $3.01 billion in 2025, at a compound annual growth rate (CAGR) of 5.3%.
• The size is expected to reach $4.04 billion in 2029, growing at a CAGR of 7.6%.
What Is Driving The Growth In The Hospital Stretchers Market?
An increase in the number of accidents and casualties is propelling the growth of the hospital stretchers market. Hospital stretchers are fundamentally essential for transporting patients from one location to another. In 2022, the National Highway Traffic Safety Administration reported 31,785 deaths due to car accidents in the first nine months of the year. With fatalities on the rise across 25 states, the demand for hospital stretchers will also grow, drving the market.
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Who Are the Key Players Driving Hospital Stretchers Market Growth?
• Stryker Corporation
• TransMotion Medical Inc.
• Advanced Instrumentations Inc.
• Mac Medical Inc.
• Narang Medical Limited
• ROYAX s.r.o.
• Anetic Aid Ltd.
What Are The Key Trends In The Hospital Stretchers Market?
• Emphasis on education and training
• Integration of telehealth technologies
• Advancements in modularity and adaptability
• Use of sustainable and eco-friendly materials
• Enhancements in ergonomic and maneuverability.
What Are The Segments Of The Global Hospital Stretchers Market?
1) By Product Type: Fixed Height Stretchers, Adjustable Stretchers, Bariatric Stretchers, Other Product Types
2) By Technology: Motorized Stretchers, Non-Motorized Stretchers
3) By Application: Intra-Hospital, Pediatric Care, Emergency Department, Radiology Department, Other Applications.
Which Region Leads The Hospital Stretchers Market?
North America was the largest region in the hospital stretchers market in 2024. However, the fastest growth is expected from the Asia-Pacific region in the forecast period.
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What Is Covered In The Hospital Stretchers Market Global Market Report?
• Market Size Analysis: Analyze the Hospital Stretchers Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Hospital Stretchers Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Hospital Stretchers Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Hospital Stretchers Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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