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Patient Handling Devices Market Trends, And Forecasts (2016–2021)

11-27-2017 12:13 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Data Forecast

Patient Handling Devices Market Trends, And Forecasts

The Global Patient Handling Devices Market is worth USD 9.6 billion in 2016 and estimated to grow at a CAGR of 10.5%, to reach USD 15.82 billion by 2021.

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The global Patient Handling Devices market is developing at an exceptionally quick pace. Patient handling gadgets are assistive gadgets which permits the patients in doctor's facilities and nursing homes and other therapeutic focuses to exchange amongst informal lodging different spots. Patient handling equipment intended to help the patients with some portability however who are do not have the quality to control their body developments. The mechanical gadgets that are utilized to manual patient handling in view of evaluation of patient needs chiefly in view of security for the guardian, the patient, and restoration objectives. There are an assortment of gadgets are accessible, for example, exchange sheets, it empowers to limit manual patient handling amid sidelong exchanges and repositioning and expanding patient solace. Beds that consequently transform patients into a sitting position. Sit and stand assistive gadgets that serves to patients for change positions. Non-mechanical help gadgets Portable aloof lifts that can turn and reposition patients, lift patients up from the floor, and take patients from ambulances.

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Worldwide Patient handling Equipment market can be driven by following drivers, Patient handling Equipment has increased broad of acknowledgment by various offices, for example, orthopedics, Neurology, Critical Care Units, restoration and bariatric surgeries and so on., are gives lucrative market openings. Patient handling Equipment gives most prominent commitments in helping the patients starting with one place then onto the next place. Expanding mechanical developments in restorative field moves the worldwide patient handling equipment market. Real limitations of the market, Patient handling equipment are costly.

The Global market for Patient Handling Devices is segmented on the basis of Bathroom Safety, Type of care, accessories, end user and region. Based on Bathroom Safety, the market is segmented into, Mechanical, Ambulatory Wheelchair, Scooters, and Medical Beds. Based on Type of care, the market is segmented into Bariatric Care, Critical Care, and Wound. Wound care was one of the dominant segment in 2016, because of rising incidences of medical conditions such as critical, acute, and chronic wounds; venous leg ulcers; pressure ulcers; burns; postoperative injuries and diabetic ulcers. Also, cutting-edge technologies available for wound care management, like stem cell therapy, bioengineered tissue, and negative-pressure wound therapy are expected to boost the industry growth in the coming years. Based on accessories, the market is segmented into Lifting, Transfer. Lifting accessories are expected to account for the largest share of the accessories market. Based on end user, the market is segmented into by End User Home and Hospital. The hospitals are likely to dominate the market, while the home care is expected to grow at the highest rate.

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Geographically, the Patient Handling Devices market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East Asia. North America is estimated to constitute the largest share in this market, while the Asia Pacific region is expected to witness the fastest growth and overtake North America, being the second largest shareholder for the market during the forecast period.

Benmor Medical, Inc. Etac Limited, Joerns Healthcare ,Stryker Corporation, Handicare, Inc., Prism Medical, Linet, Inc., Mangar International, Inc., Invacare Corporation, Guldmann, Inc., are the leaders in the global Patient Handling Devices market.

Market Segmentation
• Introduction
i. Wheelchairs and Scooters
ii. Medical Beds
iii. Bathroom Safety Supplies
iv. Mechanical Equipment
v. Non Mechanical Equipment
vi. Ambulatory Aids
vii. Other Patient Handling Equipment
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product

Type of Care
• Introduction
i. Critical Care
ii. Bariatric Care
iii. Fall Prevention
iv. Wound Care
v. Other (Acute Care & Long Term Care)
• Y-o-Y Growth Analysis, By Type of Care
• Market Attractiveness Analysis, By Type of Care
• Market Share Analysis, By Type of Care

End User
• Introduction
i. Home Care
ii. Hospital
iii. Elderly Homes
iv. Other
• Y-o-Y Growth Analysis, By End User
• Market Attractiveness Analysis, By End User
• Market Share Analysis, By End User

The scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.

Abhishek Shukla
Team Lead (International Business Development)
Market Data Forecast
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