According to the latest report by IMARC Group, titled, “Patient Handling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global patient handling equipment market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8% during 2023-2028.
Patient handling includes the utilization of mechanical equipment and services to move, support, and transfer patients conveniently in healthcare facilities. It includes various mechanical and nonmechanical equipment, such as wheelchairs, scooters, medical beds, and ambulatory aids. It reduces the risk of falls, friction burns, skin tears, and dislocated limbs from improper movement. It also ensures the safety of caregivers and doctors while handling patients. Apart from patient safety and comfort, it reduces worker compensation, medical, legal, and indemnity cost for healthcare employers.
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Patient Handling Equipment Market Trends and Drivers:
At present, the growing geriatric population and increasing prevalence of critical surgeries represent one of the key factors positively influencing the market across the globe. In line with this, rising cases of medical injuries in patients due to manual patient handling (MPH) and increasing occurrences of work-related musculoskeletal disorders (MSDs), and repetitive strain injuries in arms, legs, and joints are catalyzing the demand for patient handling equipment worldwide. Moreover, key market players are integrating radio frequency identification (RFID) in equipment for real-time traceability, identification, communication, and location data for improved convenience. They are also introducing innovative patient-handling devices, such as lateral transfer systems, convertible chairs, and overhead ceiling lifts, which are bolstering the growth of the market worldwide.
Patient Handling Equipment Market 2023-2028 Competitive Analysis and Segmentation:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- EZ Way Inc.
- Getinge AB
- Guldmann Inc.
- Hill-Rom Holdings Inc.
- Invacare Corporation
- Joerns Healthcare LLC
- LINET Group SE
- Medline Industries Inc.
- Paramount Bed Co. Ltd.
- Prism UK Medical Ltd
- Stiegelmeyer GmbH & Co. KG
- Stryker Corporation.
The report has segmented the market based on product, type of care and end user.
Breakup by Product:
- Wheelchairs and Scooters
- Medical Beds
- Mechanical and Nonmechanical Equipment
- Ambulatory Aids
Breakup by Type of Care:
- Bariatric Care
- Fall Prevention
- Critical Care
- Wound Care
Breakup by End User:
- Home Care Settings
- Elderly Care Facilities
Breakup by Region:
- North America
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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