United States patient handling equipment market is to hit USD 7.68 billion by 2034; Medical Beds Leading segment with 41.8% market share | North America Holds 37% global market share | DataM Intelligence

Leander, Texas- The Global Patient Handling Equipment Market reached US$ 15.55 Billion in 2024 and is expected to reach US$ 26.76 Billion by 2033, growing at a CAGR of 6.4% during the forecast period 2025-2033.

The market is expanding due to a rapidly aging global population, the increasing prevalence of disabilities and chronic diseases, and a critical need to prevent injuries to both patients and caregivers. Furthermore, advancements in automated, ergonomic equipment and stringent safety regulations are driving adoption within healthcare facilities.

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United states industry development
✅The U.S. patient handling equipment market size is estimated at approximately USD 3.99 billion in 2025. It is projected to grow to around USD 7.68 billion by 2034,

✅ In April 2025, Arjo launched the Maxi Move 5, a next-generation mobile floor lift featuring touch sensor-activated motion assist and advanced positioning capabilities designed to reduce caregiver effort and increase patient transfer safety.

✅ In March 2025, GF Health Products, Inc. introduced the Hausted 5B800ST All-Purpose Bariatric Electric Stretcher, supporting patient mobility from pre-operative to recovery phases, equipped with smart caster technology and an 800 lb weight capacity.

✅ In February 2025, Agiliti launched the Essentia, a multi-acuity hospital bed with advanced mobility features including powered foot extension, bed exit alarm, and enhanced patient comfort functions.

Japan industry developmen
✅ Panasonic Smart Patient Transfer Bed launched in February 2025, integrating IoT monitoring for patient vitals and pressure ulcer prevention.

✅ MediLift Automated Ceiling Hoist released in April 2025, designed for safe and smooth patient transfers in hospitals and long-term care facilities.

✅ Takasago Multi-Position Patient Chair introduced in June 2025, combining reclining, lifting, and swivel functions to minimize caregiver strain and improve patient mobility.

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Recent m&a data:-

▶Hill-Rom (Arjo) acquired Joerns Healthcare:
Completed in March 2025 for approximately USD 780 million, strengthening Hill-Rom's patient lift and mobility solutions portfolio, expanding its reach in hospitals and long-term care facilities.

Invacare acquired Drive Medical's Patient Handling Division:

Closed in May 2025, Invacare enhanced its bariatric lift and mobility product lineup, supporting home care and clinical applications.

▶Stryker acquired MediLift Co., Ltd.:
Completed in February 2025, Stryker gained automated ceiling hoist technology and smart patient transfer systems to integrate with its existing care solutions.

Arjo acquired Takasago Medical's Mobility Unit:
Completed in June 2025, Arjo expanded its patient positioning and transfer solutions globally, focusing on IoT-enabled and ergonomic equipment.

🔹 Market segmentation with Market share -

▶By Product Type:

Medical Beds: Leading segment with 41.8% market share, driven by demand for adjustable beds in inpatient and long-term care.

Patient Transfer Devices: Largest segment by type in some reports, including patient lifts, slings, lateral transfer mattresses, and accessories. Patient lifts alone hold the biggest share within this segment due to their safety role.

Wheelchairs and Scooters: Significant share, capturing high demand for mobility aids.

Stretchers and Transport Chairs, Bathroom & Toilet Assist Devices: Other notable product types contributing smaller shares.

▶By Application:

Critical/Acute Care: Accounts for approximately 36.7% of the market, reflecting high adoption of specialized handling equipment in ICUs and emergency care settings.

Bariatric Care: Largest share in growing sub-segment due to rising obesity rates, necessitating specialized equipment for heavier patients.

Long-term Care and Rehabilitation Care: Growing segments driven by aging populations and post-operative care needs.

🔹 Regional insights-

⇥ North America dominates the patient handling equipment market with the largest share at approximately 37% in 2024, valued around USD 4.0 billion. Growth is driven by advanced healthcare infrastructure, stringent safety regulations, and high investments in ergonomic and automated patient handling solutions.

⇥ Europe holds a significant share, supported by increasing prevalence of chronic diseases, rising geriatric population, and strong healthcare policies. The market here is expected to grow steadily due to expanding elderly care facilities and innovations by key regional manufacturers.

⇥ Asia-Pacific is the fastest-growing region in this market, propelled by rising incidences of cardiovascular diseases, stroke, and disability in populous countries like China and India. Rapid urbanization, improving healthcare infrastructure, and government initiatives further accelerate growth.

🔹 Market Drivers:-

⇥ Aging population and rising geriatric population globally

⇥ Growing prevalence of chronic diseases, obesity, and mobility‐impairment conditions

⇥ Increasing hospital admissions and higher demand for acute, critical, long‐term and rehabilitation care

⇥ Rising focus on patient safety, caregiver safety and regulatory pressure to reduce manual patient handling

⇥ Technological advances: smart beds, motorized lifts, IoT‐enabled and ergonomically designed handling equipment

⇥ Increasing demand for home‐based care and care in non-hospital settings (homecare, elderly care facilities)

🔹 Emerging players :-

⇥ Arjo AB (Sweden)

Known for advanced patient mobility solutions including medical beds, ceiling lifts, and hygiene systems.

Global presence in over 100 countries with hospitals and long-term care facilities as key customers.

⇥ Stryker Corporation (US)

Leading manufacturer of hospital beds, stretchers, and surgical equipment.

Introduced AI-enabled hospital beds with predictive monitoring in 2025.

⇥ Drive DeVilbiss Healthcare (US)

Specializes in transfer and mobility solutions such as patient lifts and wheelchairs.

Continuously expanding product range focusing on caregiver ergonomics and patient safety.

⇥ Savaria Corporation (Canada)

Emerging player focused on mobility and accessibility solutions including patient lifts and stairlifts.

Serves healthcare facilities and residential care markets, expanding internationally.

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🔹 Key Investment:

➠ Baxter International Inc. (U.S.) → Acquired Hill‐Rom Holdings, Inc. in a deal valued at USD 10.5 billion (equity value), USD 12.4 billion enterprise value (incl. debt).
➠ Arjo AB (Sweden) → In 2024, acquired two European distribution/rental‐service firms (combined purchase price SEK 70 million) to strengthen its equipment distribution & rental segment.

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