Press release
Patient Lateral Transfer Market 2017 - 2025: Global Industry Size, Share, Growth, Forecasts
Lateral transfer is a repositioning aid or device, which provides an easy and safe way to laterally transfer patients by reducing the friction. The lateral transfer device includes air assisted lateral transfer devices and sliding sheets. The air assisted lateral transfer devices system uses a cushion of air to transfer patients laterally from one surface or bed to another with especially less friction and efforts that too without lifting the patient. The patient lateral transfer is intended to stay with the patient and offers transfer support throughout a hospital stay. Patient lateral helps in many ways like during patient transfers it minimizes the threat of staff or nurses injury, involves fewer nurses or staff, minimize the time requires to transfer patient comparatively to standard of care, decreases effort that needed to transfer patients, elevate patient in one even motion, prevents friction and shear forces during patient transfers on the patient’s skin and provides a comfortable and simple transfer experience.
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Patient lateral transfer market can be categorized on two major bases such as product type, and geography. The patient lateral transfer market is categorized on the basis of product into air assisted lateral transfer mattresses, sliding sheet, and accessories. Moreover, the air assisted lateral transfer mattresses segment can further be classified into regular Mattresses, split-leg mattresses, and half mattresses. The air assisted lateral transfer mattresses segment is anticipated to hold the lion’s share of the patient lateral transfer market. The large share of air assisted lateral transfer mattresses product segment can be attributed to benefits of air assisted lateral transfer mattresses in overcoming persistent problems to prevent the risk of musculoskeletal diseases in caregivers and it is recommended for the use air assisted lateral transfer mattresses while handling patients with special conditions. Accessories include air supply units, carts, stands, and transfer mat covers.
Geographically, the patient lateral transfer market can be classified into five regional markets such as North America (United States and Canada), Europe (Germany, France, United Kingdom, etc.) and Asia-Pacific (Australia, China, Japan, India, etc.), Latin America and Middle East and Africa (GCC countries, South Africa etc.). The emerging markets in Asia Pacific, Latin America and the Middle East and Africa are expected to register robust growth during the forecast period 2017-2025. This would majorly be attributed to increasing investments by the key players operating in these countries, growing health care industry, and the aging population leading to growth in the patient population in these countries. India, China and Brazil are expected to drive strong growth among the emerging countries, owing to the increasing investments by government bodies to enhance hospitals and other healthcare facilities.
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Moreover, there are a number of factors that affect the growth of the patient lateral transfer market. Some of the key factors include, growing demand for product in hospitals, development and advancement of products, and rise in global geriatric population. Other key growth drivers include technological advancement in patient lateral transfer products, and high or sudden rise in the number of special conditions patient hospitalization. The market is also witnessing restraints, or challenges in its path such as development of other substitutes technologies, alongside stiff competition among existing product manufacturers. Moreover, product recalls, government regulations for reduction of overall healthcare cost and subsequent upswing in bulk purchasing through GPOs (Group Purchasing Organizations) are also restraining the growth of this market.
Key companies operating in the global patient lateral transfer market are Stryker Corporation (Sage Products LLC), Prism Medical Inc., Getinge AB (ArjoHuntleigh), EZ Way, Inc., HoverTech International, Airpal, Inc., Patient Positioning Systems LLC and McAuley Medical, Inc.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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As per Fact.MR, a market research and competitive intelligence provider, the global patient lateral transfer devices market is anticipated to top US$ 500 Mn by 2031, progressing at a CAGR of 7% over the forecast period of 2021 to 2031.
Lateral transfer is a repositioning aid or equipment that reduces friction and makes it easier and safer to transfer patients laterally.
Patient lateral transfer devices are designed to stay with the…
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