Hospital Stretchers Market Revenue is expected to Surpass US$1.7 bn by 2019

Hospital Stretchers Market to Reach US$1.7 bn by 2019 due to Rising Occurrence of Chronic Diseases

A new Transparency Market Research report states the global hospital stretchers market was estimated at US$1.3 bn in 2012 and is anticipated to expand at a CAGR of 3.90% between 2013 and 2019, to reach an estimated value of US$1.7 bn by 2019. The title of the report is “Hospital Stretchers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019”.

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The Global Hospital Stretchers Marke is segmented on the basis of expression system, product type, application, by Technology , by Geography and region.

In terms of product type, the market is segmented into adjustable, fixed height, radiographic, bariatric, and other types of stretchers. Amongst these, the bariatric stretchers segment is predicted to be the most swiftly developing segment in the forecast horizon, expanding at a 5.90% CAGR. The reason for the growth of this segment is the global rise in the obese population. Obese patients need to be carried to hospitals and healthcare centres with ease, leading to an increasing demand for bariatric stretchers owing to their ability of carrying very heavy weights. In the same way, the segment of adjustable stretchers is also expected to expand in the coming years due to rising demand for automated and technologically advanced hospital stretchers by super-specialty and multi-specialty hospitals.

In terms of technology, the market is segmented into non-motorized and motorized stretchers. In terms of application, the market for hospital stretchers is segmented into emergency department, intra-hospital transport, radiology department, pediatric surgery department, and day care surgery department.In terms of geography, the market is segmented into Europe, Asia Pacific, North America, and Rest of the World (RoW). Amongst these, North America dominated the hospital stretchers market due to a lot of manufacturers being present in this region.

Geographically, the hospital stretchers market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). Presently, the North American region is the largest market in the world, owing to presence of large number of manufacturers, increasing population with chronic diseases and world-class medical infrastructure.

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Summary of Table of Content :

1 Preface
2 Executive Summary
3 Market Overview
4 Hospital Stretchers Market, by Product type
5 Hospital Stretchers Market, by Technology
6 Hospital Stretchers Market, by Applications
7 Hospital Stretchers Market, by Geography
8 Competitive Landscape
9 Recommendations
10 Company Profiles

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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