The market size of Patient Handling Equipment was estimated to be USD 13,241 million in 2022. It is projected to reach USD 18,974.67 million by 2030, with a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2030.
In the realm of patient handling, this equipment plays a crucial role in facilitating safe and efficient movement of patients, reducing the risk of injuries for both patients and healthcare providers. As the demand for quality healthcare services continues to rise, the patient handling equipment market is expected to witness substantial growth.
With an estimated value of USD 13,241 million in 2022, the market is poised for significant expansion over the next decade. By 2030, it is anticipated to reach an impressive USD 18,974.67 million, reflecting a robust CAGR of 4.6%. This growth trajectory highlights the increasing recognition of the importance of patient handling equipment in enhancing patient care and safety.
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During the forecast period from 2023 to 2030, the market is expected to experience steady growth, driven by various factors such as the aging population, rising prevalence of chronic diseases, and advancements in healthcare infrastructure. These factors, coupled with the growing awareness about the benefits of patient handling equipment, are anticipated to fuel the market’s expansion.
Major Players Listed in the Report are as Follows:
Invacare Corporation, Sunrise Medical (US) LLC, Permobil AB, Medline Industries Inc, Yuwell-Jiangsu Yuyue medical equipment & supply Co. Ltd., Ottobock SE & Co KGaA, Pride Mobility Products Corporation, MEYRA GmbH, Hoveround Corporation, MATSUNAGA MANUFACTORY Co. Ltd., Ki Mobility, Etac AB and others.
Patient Handling Equipment Market Segmentation as Follows:
By Type
- Patient Transfer Devices
- Patient Lifts
- Ceiling lifts
- Steel and wheelchair lifts
- Mobile lifts
- Sit-to-stand lifts
- Bath and pool lifts
- Slings
- Air-assisted Lateral Transfer Mattresses
- Reusable air assisted mattresses
- Single-patient use air assisted mattresses
- Sliding sheets
- Accessories
- Patient Lifts
- Medical Beds
- Medical Beds, By Type
- Electric Beds
- Manual Beds
- Semi-electric Beds
- Medical Beds, By Application
- Acute Care
- Long-term Care
- Rehabilitation
- Bariatric Care
- Medical Beds, By Type
- Mobility Devices
- Wheelchairs and Mobility Scooters
- Powered Wheelchairs
- Mobility Scooters
- Manual Wheelchairs
- Ambulatory Aids
- Wheelchairs and Mobility Scooters
- Bathroom and Toilet Assist Equipment
- Stretchers and Transport Chairs
By End User
- Hospitals
- Home-care settings
- Other End Users
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In conclusion, the patient handling equipment market is poised for substantial growth in the coming years. With an estimated value of USD 13,241 million in 2022 and a projected value of USD 18,974.67 million by 2030, at a CAGR of 4.6%, this market presents lucrative opportunities for industry players. As the demand for quality healthcare services continues to surge, the significance of patient handling equipment in ensuring patient safety and efficient care delivery cannot be overstated.
Table of Content
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Patient Handling Equipment Market Dynamics
Chapter 4 Impact Analysis (COVID-19, Ukraine- Russia war, Ongoing Recession on Major Economies)
Chapter 5 Value Chain Analysis
Chapter 6 Porter’s 5 forces model
Chapter 7 PEST Analysis
Chapter 8 Patient Handling Equipment Market Segmentation, By Type
Chapter 9 Patient Handling Equipment Market Segmentation, By End User
Chapter 10 Regional Analysis
Chapter 11 Company profile
Chapter 12 Competitive Landscape
Chapter 13 Use Case and Best Practices
Chapter 14 Conclusion
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