Patient Handling Equipment Market is expected to grow at a CAGR of 5.7% to a value of US$ 24.29 bn by 2032


Rising geriatric population, increasing risks of injury from manual patient handling (MPH) and increasing prevalence of disabilities among individuals will help the global patient handling equipment market to generate great revenue by 2032

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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Patient Handling Equipment market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.

Crucial information and forecast statistics covered in the Patient Handling Equipment market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Patient Handling Equipment Market

The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Patient Handling Equipment market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Patient Handling Equipment market.

Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Patient Handling Equipment market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

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Patient Handling Equipment Market: Segmentation

Valuable information covered in the FMI’s Patient Handling Equipment market report has been segregated into key segments and sub-segments.

By Product Type:

  • Wheelchairs and Scooters
  • Medical Beds
  • Mechanical Lifting & Transfer Equipment
  • Ambulatory Aid Devices
  • Bathroom Safety Supplies
  • Others.

By Type of Care:

  • Bariatric Care
  • Fall Prevention
  • Critical Care
  • Wound Care
  • Others

By Accessories:

  • Stretcher accessories
  • Hospital Bed Accessories
  • Lifting accessories
  • Transfer accessories
  • Evacuation accessories

End User:

  • Hospitals
  • Home Care Settings
  • Elderly Care Facilities
  • Orthopaedic Care
  • Others

Patient Handling Equipment Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Patient Handling Equipment market. Competitive information detailed in the Patient Handling Equipment market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Patient Handling Equipment market report.

Key players covered in the report include:

  • Getinge AB
  • Stryker Corporation
  • Paramount Bed Co. Ltd
  • Invacare Corporation
  • Hill Rom Services
  • Guldmann Inc
  • Stiegelmeyer GmbH & Co. KG
  • Linet Inc
  • Joerns Healthcare
  • HoverTech International
  • Handicare Group
  • Benmor Medical Ltd

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Important Questions Answered in the Patient Handling Equipment Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Patient Handling Equipment market been expanding during the forecast period?
  • How will the global Patient Handling Equipment market look like by the end of the forecast period?
  • What innovative strategies are adopted by Patient Handling Equipment market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Patient Handling Equipment market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Patient Handling Equipment market

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Published in

Health

Published on

Dec 15, 2022

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