Patient Handling Equipment Market Overview:
Maximize Market Research's global Patient Handling Equipment market research report provides in-depth analysis of Trends, Applications, Analysis, Growth, and Forecast (2022-2029). Over the forecast period, the Patient Handling Equipment market is expected to grow at a significant CAGR during the forecast period. The report contains an in-depth analysis, revenue statistics, and other essential data about the global Patient Handling Equipment industry, along with various trends, drivers, restraints, opportunities, and challenges that the market will face throughout the forecast period. The research looks at the financials, supply chain trends, technological advancements, and important advances of the industry's many leading competitors, along with future strategies, acquisitions & mergers, and market footprint.
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Patient Handling Equipment Market Scope:
The global Patient Handling Equipment market research from Maximize Market Research provides broad market insights for manufacturers, suppliers, distributors, and investors. All stakeholders in the global Patient Handling Equipment market, including industry experts, researchers, journalists, and business researchers, can benefit from the information and statistics provided in this report.
Maximize Market Research report explains how to do in-depth research on the global Patient Handling Equipment market and develop conclusions about the market's future growth factors. The research technique combines primary and secondary research methodologies to ensure the authenticity and validity of the findings in this study.
Patient Handling Equipment Market is expected to reach US$ 14.94 Bn. by 2029 from US$ 12.41 Bn in 2021, at a CAGR of 2.35% during the forecast period.
Patient Handling Equipment Market Segmentation:
Based on the Product, Medical beds had the highest market share in 2021, due to the factors including advancement in technology particularly in ICU beds, increased number of critical care patients.
Mechanical and transfer equipment is expected to grow at the higher rate in the forecast period due to several incidences of mechanical lifts for the patient have resulted in decreased musculoskeletal injuries in the caregivers which should be the major factor driving the growth of the market.
By End-User, Hospitals had the highest market share in 2021, due to an increasing number of a patient requiring critical care in hospitals. A paradigm shift has been occurring wherein the patient is preferring home care settings over hospitals. This can be attributed to increased patient comfort and decreased cost due to which the home care settings segment will show the fastest growth rate over the forecast period.
By Application, Mobility assistance had the market share in 2021, due to a growing number of patient population needing assistance of walking aids and wheelchairs. On the other hand, technological advancement in powered wheelchairs increased reimbursement for the equipment is also expected to grow through the forecast period.
Rising geriatric population, an increase in the number of injuries, falls, mental diseases also drive the patient handling equipment market.
Patient Handling Equipment Market Key Players:
ETAC AB • GF Health Products, Inc. • Guldmann,Inc. • Handicare group AB • Joerns Healthcare LLC • Medline Industries • Prism Medical UK • Stiegelmeyer GmbH & Co. KG • Savaria
Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this global Patient Handling Equipment market research report.
Regional Analysis:
The Patient Handling Equipment market research has been divided into various important regions, as follows:
- Asia-Pacific region (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- European Union (Turkey, Germany, Russia UK, Italy, France, etc.)
- The continent of North America (the United States, Mexico, and Canada.)
- South America is a continent in South America (Brazil etc.)
- The continents of Africa and the Middle East (GCC Countries and Egypt.)
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Patient Handling Equipment market growth in different nations.
Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis-https://www.maximizemarketresearch.com/request-sample/8791
Impact of COVID-19 on the Patient Handling Equipment Market:
The impact of COVID-19 on the market is thoroughly studied in the Patient Handling Equipment market research. Researchers at Maximize Market Research, who are monitoring the situation across the globe as a result of the COVID-19 challenge, believe that the market will provide producers with profitable opportunities. The paper's purpose is to provide a more comprehensive view of the current situation, the economic downturn, and COVID-19's impact on the entire industry.
Key Questions Answered in the CosmeceuticalsMarket Report are:
- How much does Patient Handling Equipment market sell for, how much does it produce, how much it consumes, how much it imports, and how much it exports?
- On a global basis, who are the top actors in the Patient Handling Equipment Market? How is their firm doing right now (capacity, production, sales, price, cost, gross profit, and revenue)?
- What are the market possibilities and threats in the global Patient Handling Equipment industry for Patient Handling Equipment providers?
- Which application, end-user, or product sector stands to gain the most from new growth opportunities?
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