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Global Patient Handling Equipment Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Patient Handling Equipment Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Patient Handling Equipment Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 18 Apr 2021
  • Report ID: HLT 00186
  • Pages:178
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Global Patient Handling Equipment Market is anticipated to rise at a value CAGR of 7.5 % over 2019-2028. According to a study published by Insure Insights on the Global Patient Handling Equipment Market. Patient Handling Equipment is that equipment used to handle patient with chronic disorders or difficulty; it includes equipment like Patient Transfer Devices, Medical Beds, Wheelchairs & Mobility Scooters etc, this equipment is a great help to the physically challenged and disabled. The rise in the number of accidents worldwide has significantly driven market growth.

Top Driver: The upsurge in the incidence of the Disabled population drives the market growth

The upsurge in the patients with disabilities and the growth is in the incidence of chronic diseases are primary factors driving the market. Furthermore, the growth in the geriatric population and high risk of injuries to caregivers during the manual handling of patients have increased the demand of the market. The favorable government regulations to ensure the safety of healthcare personnel during manual lifting processes these safety guidelines are expected to escalate the market

Wheelchairs and scooters to dominate the Global Patient Handling Equipment Market

Based on the Product, Wheelchairs and scooters segment have dominated the segmental growth due to the upsurge in the geriatric population and have positively impacted the overall segmental growth, as people age 65 and above are more prone to injuries and fall as compared to other age groups. The mounting growth in the number of accidental injuries resulting in disabilities has increased the demand for wheelchairs and scooters. The increase in the accidental injuries causing disabilities have further propelled the segmental growth.

 

In terms of the Application, Acute & critical care segment has obtained the most significant growth due to the surge in the incidences of chronic diseases, the advent of innovative technologies for acute & critical care patient handling has expanded the segmental market.  Based on the End User, hospitals segment has obtained lucrative growth in the market due to the rise in the adoption of the rate of patient handling equipment for the medical safety of patients and caregivers.

North America boosts the regional market due to the presence of the key competitors   

The presence of the key players like Hill-Rom Holdings, Invacare Corporation, Joerns Healthcare, Medline Industries has positively impacted regional growth. Moreover, the sophisticated healthcare infrastructure and increase in the incidences of chronic diseases are accelerated to the market of North America. The rise in the geriatric  population and  surge in the number of people with various disability has increased the demand for Patient Handling Equipment in the region, The increase in the Government initiatives and supportive regulations for patient safety have further escalated the regional growth.

 Product Launches, and Acquisition, are the major strategies of the competitors

The Players of the Global Patient Handling Equipment Market is fragmented. The key competitors of the Global Patient Handling Equipment Market are Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, Joerns Healthcare, HoverTech International, Prism Medical, Drive Medical, and ORTHOS XXI.

Prism Medical: Prism Medical is one of the major competitors of the Global Patient Handling Equipment Market. In December 2019, Prism Medical had announced the acquisition of Harvest Healthcare Ltd; they are a provider of pressure area care and moving & handling products. The acquisition was made by Prism Medical t expand its product portfolio with pressure area care and moving & handling products

Stryker: Stryker is a popular competitor in the Global Patient Handling Equipment Market. In November 2019, Stryker had announced the agreement to acquire Wright Medical, the deal was made for USD 5.4 billion. They are a medical device company. The acquisition was made by Stryker to strengthen its market position of trauma & extremities

 Scope of the Report

By Product

  • Wheelchairs and scooters
  • Mechanical lifting & transfer equipment
  • Others

By Application

  • Acute & critical care
  • Mobility assistance
  • Fall prevention
  • Long term care

By End User

  • Hospitals
  • Home care settings
  • Elderly care facilities
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Patient Handling Equipment Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Patient Handling Equipment Market -Industry Snapshots

6.1             Overview

6.1.1          Global Patient Handling Equipment Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Patient Handling Equipment Market Analysis, by Product

7.1             Overview

7.2             Key Findings for Patient Handling Equipment Market- By Product

7.2.1          Patient Handling Equipment Market- Wheelchairs and scooters

7.2.2          Patient Handling Equipment Market- Mechanical lifting & transfer equipment

7.2.3          Patient Handling Equipment Market- Others

Chapter 8           Global Patient Handling Equipment Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Patient Handling Equipment Market- By Application

8.2.1          Patient Handling Equipment Market- Acute & critical care

8.2.2          Patient Handling Equipment Market- Mobility assistance

8.2.3          Patient Handling Equipment Market- Fall prevention

8.2.4          Patient Handling Equipment Market- Long term care

Chapter 9           Global Patient Handling Equipment Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Patient Handling Equipment Market- By End User

9.2.1          Patient Handling Equipment Market- Hospitals

9.2.2          Patient Handling Equipment Market- Home care settings

9.2.3          Patient Handling Equipment Market- Elderly care facilities

9.2.4          Patient Handling Equipment Market- Others

Chapter 10       Patient Handling Equipment Market Analysis by Region

10.1           Key Findings for Patient Handling Equipment Market- By region

10.2           Overview

10.2.1       Global Patient Handling Equipment Market Analysis, By Product, 2019 – 2028

10.2.2       Global Patient Handling Equipment Market Analysis, By Application, 2019 – 2028

10.2.3       Global Patient Handling Equipment Market Analysis, By End User, 2019 – 2028

10.3           Patient Handling Equipment Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Product

10.3.6       North America Market, By Application

10.3.7       North America Market, By End User

10.4           Patient Handling Equipment Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Product

10.4.8       Europe Market, By Application

10.4.9       Europe market by, End User

10.5           Patient Handling Equipment Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Product

10.5.7       Asia Pacific Market, By Application

10.5.8       Asia Pacific Market, By End User

10.6           Patient Handling Equipment Market – LAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       Latin America

10.6.4       Rest Of World

10.6.5       Latin America, Middle East and Africa Market, By Product

10.6.6       Latin America, Middle East and Africa Market, By Application

10.6.7       Latin America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Stryker

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Invacare

12.3           Hill Rom Services

12.4           Guldmann

12.5           Stiegelmeyer

12.6           Joerns Healthcare

12.7           HoverTech International

12.8           Prism Medical

12.9           Drive Medical

12.10        ORTHOS XXI

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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