Investment Opportunities and Market Dynamics in the Patient Handling Equipment Market

Patient Handling Equipment Market Overview

Maximize Market Research a global business consulting firm has published a report on the Patient Handling Equipment market. The report covers of the Patient Handling Equipment markets major key drivers and restraints. It helps detecting the drivers that are steering the market growth and discovering ways to use these drivers as strengths. Opportunities are created by external components like changes in the market and new consumer trends. This will guide to understand the elements that will influence your potential to take advantage of your opportunities.

Patient Handling Equipment Market is expected to reach US$ 14.94 Bn. by 2029 from US$ 12.41 Bn in 2021, at a CAGR of 2.35% during the forecast period.

Patient Handling Equipment Market Scope

The reports gives the readers in-depth analysis of the Patient Handling Equipment market with help of tabular data and graphical representation. It focuses on the major and minor components of the market and also the key competitors in the industry and their growth strategies. The report deals with the market trends and provides the regional analysis of potential investment opportunities for existing and new market entrants. It covers in depth analysis of different segments of the Patient Handling Equipment market. Methods like SWOT, PESTLE and PORTER’s five forces were undertaken to understand to the strength and weakness of the Patient Handling Equipment market.

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Patient Handling Equipment Market Segmentation

Based on Product, Medical Beds held the largest market share in 2021, thanks to factors like the development of technology, especially in ICU beds, and an increase in the number of patients requiring critical care.

Due to several instances where mechanical lifts for the patient have led to a decrease in musculoskeletal injuries in the caregivers, which should be the main factor driving the development of the market, mechanical and transfer equipment is anticipated to grow at the higher rate in the forecast period.

By the user, Hospitals held the largest market share in 2021 as a result of an increase in the number of patients who needed critical treatment there. There has been a paradigm change, and patients now favor home care settings over hospitals. This is because patients are more comfortable.

A rising patient population that required the assistance of wheelchairs and walking aids resulted in mobility assistance having the largest market share in 2021. On the other hand, higher reimbursement for the equipment is anticipated to rise throughout the forecast period due to technological advancements in powered wheelchairs.

The market for patient handling tools is also fueled by an aging population, a rise in injuries from falls, and mental illnesses.

Patient Handling Equipment Market Key Players

• GF Health Products, Inc.
• Guldmann,Inc.
• Handicare group AB
• Joerns Healthcare LLC
• Medline Industries
• Prism Medical UK
• Stiegelmeyer GmbH & Co. KG
• Savaria
• Malvestio Spa
• EZ Way, Inc.
• Ossenberg GmbH
• Antano Group
• Airpal Inc.
• Getinge AB
• Gendron,Inc.
• Paramount Bed Co. Ltd.
• Sunrise Medica
• Pelstar
• Hill-Interson Corporation
• Scintica Instrumentation, Inc

Regional Analysis

The report on the Patient Handling Equipment market growth provides a detailed regional analysis. It helps in understanding the regions which are expected to grow in forecast period. To keep ahead of the competition the regional analysis gives a better perspective and understanding of the market and target audience in a specific country or a region.

Key Questions answered in the Patient Handling Equipment Market Report are:

• What is Patient Handling Equipment Market?
• What is the forecast period of the Patient Handling Equipment Market?
• What is the competitive scenario of the Patient Handling Equipment market?
• Which region held the largest market share in the Patient Handling Equipment Market?
• What are the opportunities for the Patient Handling Equipment Market?
• What factors are affecting the Patient Handling Equipment market growth?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends

• Market Segmentation: A detailed analysis by Patient Handling Equipment  Market

• Landscape- Leading key players and other prominent key players.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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