Patient Handling Equipment Market Transforms Healthcare, Aiming for...

Patient Handling Equipment Market Transforms Healthcare, Aiming for USD 18,974.67 Million by 2030

Posted 2023-12-12 08:33:38

The size of Patient Handling Equipment Market 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, the equipment market has witnessed substantial growth and is expected to continue its upward trajectory. With an estimated value of USD 13,241 million in 2022, this market is poised for remarkable expansion. By 2030, it is anticipated to soar to an impressive USD 18,974.67 million, reflecting a steady CAGR of 4.6% over the forecast period spanning from 2023 to 2030.

Patient handling equipment plays a pivotal role in the healthcare industry, facilitating the safe and efficient movement of patients. As the demand for quality healthcare services surges, the need for advanced equipment becomes increasingly paramount. This market's growth is driven by factors such as the rising geriatric population, the prevalence of chronic diseases, and the growing awareness regarding patient safety.

Furthermore, technological advancements have revolutionized the patient handling landscape, offering innovative solutions that enhance both patient comfort and caregiver efficiency. These advancements, coupled with the increasing adoption of automated systems, are expected to fuel the market's growth in the coming years.

In conclusion, the patient handling equipment market is poised for substantial expansion, with an estimated value of USD 13,241 million in 2022. By 2030, it is projected to reach an impressive USD 18,974.67 million, exhibiting a steady CAGR of 4.6% during the forecast period from 2023 to 2030. The market's growth is driven by various factors, including the rising geriatric population, the prevalence of chronic diseases, and the continuous advancements in technology.

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KEY MARKET SEGMENTATION:

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
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
- Mobility Devices
  - Wheelchairs and Mobility Scooters
    - Powered Wheelchairs
    - Mobility Scooters
    - Manual Wheelchairs
  - Ambulatory Aids
- Bathroom and Toilet Assist Equipment
- Stretchers and Transport Chairs

By End User

Hospitals
Home-care settings
Other End Users

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.

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