Patient Lateral Transfer Market Share, Size and Industry Forecast till 2022

Performing or carrying out patient lateral transfer is one of the most overlooked activity, however, with the rising number of injuries taking place during transfer is resulting in the increased focus on the patient lateral transfer. Manufacturers are also providing various devices for safe patient handling during the transfer reducing the risk of injury. The devices or products for transfer are also being made using materials that are easy to clean and can be disinfected properly. This Fact.MR report analyzes the expansion of global patient lateral transfer market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.

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Scope

The scope of Fact.MR’s report is to analyze the global patient lateral transfer market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global patient lateral transfer market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to patient lateral transfer.

n order to offer readers with up-to-date information about the latest advancements in the global patient lateral transfer market, the report provides updates about market opportunities, which can benefit leading manufacturers of patient lateral transfer. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for patient lateral transfer manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.

Considering the wide scope of the global patient lateral transfer market, the report offers in-depth and segment-wise analysis and forecast. The global market for patient lateral transfer is segmented on the basis of product type, usage type, and region. This segmentation also provides country-wise forecast on all the key parameters.

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Forecast Highlights on Global Patient Lateral Transfer Market

1- North America is expected to dominate the global patient lateral transfer market. By the end of 2022, North America is projected to exceed US$ 100 million revenue. Increase in chronic and lifestyle diseases, the rise in Musculoskeletal Disorders (MSDs) among healthcare workers are some of the factors driving the market for patient lateral transfer in North America.

2- Asia Pacific Excluding Japan (APEJ) is also expected to witness strong growth during the forecast period. Owing to the significant investment by the government and major market players in healthcare, and research and development infrastructure are some of the factors fueling market growth in APEJ.

3- Air assisted transfer device is expected to be one of the most preferred product for patient lateral transfer. Accounting for more than half of the revenue share by the end of 2017, Air assisted transfer device is projected to surpass US$ 150 million revenue by the end of 2022. Meanwhile, slide sheets are also expected to witness healthy growth during the forecast period.

4- Compared to the single patient use products, reusable devices or products for patient lateral transfer will gain maximum traction in the global patient lateral transfer market. Reusable patient lateral transfer products are expected to account for maximum revenue share by the end of 2017. Between 2017 and 2022, reusable products are projected to create an incremental opportunity of nearly US$ 100 million.

Competition Tracking

The report also provides a detailed profile of key players that are expected to play a major role in the expansion of global patient lateral transfer market through 2022, which include Airpal, Inc., Getinge AB, Stryker Corporation, Medline Industries, Inc., McAuley Medical, Inc., Sizewise Rentals, LLC, EZ Way, Inc., Alimed Inc., Hill-Rom Holdings, Inc., and Blue Chip Medical Products, Inc.

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This release was published on openPR.