Patient Handling Equipment Market
Global Patient Handling Equipment Market Size, Share & Trends Report by Product (Wheelchairs and Scooters, Medical Beds(Electrical Beds, Manual Beds, and semi-electric beds), Mechanical and Non-Mechanical Equipment, Ambulatory Aids and Others), By Type of Care ( Bariatric Care, Fall Prevention, Critical Care, Wound Care and Others) by End-User ( Hospitals, Home Care Settings, Elderly Care Facilities and Others) Forecast (2022-2028) Update Available - Forecast 2024-2030
The global patient handling equipment market is anticipated to grow at a significant CAGR during the forecast period(2022-2028). Patient handling equipment is used to support and move a person with limited mobility from one place to another. The rise in the geriatric population is one of the drivers in boosting the patient handling equipment market as elderly people aged 65 and above are more predictable to fall ill with functional disabilities, causing a decline in mobility. Thus, patient handling equipment such as wheelchairs, scooters, and others becomes a necessity to support mobility. For instance, according to UN Organization, in 2020, there are an estimated 727 million persons aged 65 years and above and the number is anticipated to double by 2050.
Impact of COVID-19 Pandemic on Global Patient Handling Equipment Market
The COVID-19 pandemic has positively impacted the global patient handling equipment market. The rise in hospital visits resulted in a surge in the demand for patient handling equipment. For instance, in 2021, according to the Center for Disease Control and Prevention (CDC), an estimate of 69 % per 10,000 people were hospitalized in the age group of 65 years and above. Also, the surge in the COVID-19 cases has forced the governments to increase the number of beds in hospitals to accommodate the patients. Therefore, there was a spike in the need for patient handling equipment such as hospital beds, wheelchairs, ambulatory aids, and more owing to an increase in the number of patients.
Segmental Outlook
The global patient handling equipment market is segmented based on product, type of care, and end-user. Based on the product, the market is sub-segmented into wheelchairs and scooters, medical beds, mechanical and non-mechanical equipment, ambulatory aids, and others. Based on the type of care, the market is sub-segmented into bariatric Care, fall prevention, critical care, wound care, and others. Based on the end-user, the market is further sub-segmented into hospitals, home care settings elderly care facilities, and others. Among these, the home care setting segment is anticipated to hold a prominent share in the market owing to the cost-effectiveness factor.?
Global Patient Handling Equipment Market, by Product 2021 (%)
The Ambulatory Aids Segment is Anticipated to Hold a Prominent Share in the Global Patient Handling Equipment Market.
The ambulatory segment is anticipated to hold a prominent share in the market owing to the rise in road traffic injuries. A Road Traffic Accident (RTA) is an injury caused due to crashes originating, terminating with, or involving a vehicle partially or fully on a public road. For instance, according to the data published by World Health Organization (WHO), in June 2021, approximately 1.3 million people die as a result of road accidents .Further, an increase in an average speed is directly related to the likelihood of a crash and the severity of the crash. Also, the National Health Portal of India (NHP) projected that traffic injuries are anticipated to move up to the 3rd position by the year 2020 among the leading causes of global disease burden. Thus, an increase in the prevalence of road traffic injuries is anticipated to boost the ambulatory service segment, further driving the global patient handling equipment market during the forecast period.
Regional Outlook
The global patient handling equipment market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific region is anticipated to hold a considerable share in the market owing to a rise in healthcare spending.
Global Patient Handling Equipment Market, by Region 2022-2028
North America Region is Anticipated to Hold a Prominent Share in the Global Patient Handling Equipment Market
North America is anticipated to hold a prominent share in the global patient handling equipment market owing to incline in the government initiatives in developing the healthcare infrastructure. For instance, in July 2020, the Association of Medical Health Colleges(AAMC) has taken up various initiatives intending to develop the healthcare infrastructure. Medicaid is the insurance program, that covers one in five Americans with complex and expensive health care needs. Further, The Medicaid Disproportionate Share Hospital program (DSH) provided funding to various teaching hospitals that provide care to uninsured patients. Moreover, the Medicare program provided coverage to over 62 million individuals in 2021. This program also assists the teaching hospitals to train new physicians to meet the requirement of the geriatric population. Therefore, these initiatives are one of the major driving factors in developing healthcare infrastructure in the region, thus boosting the growth of the global patient handling equipment market.
Market players Outlook
The major companies serving the global knee implant market are Invacare Corp, Stryker, Guldmann Inc., Handicare Group AB, ETAC AB, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2020, Stryker has launched the ProCuity bed. The ProCuity can assist reduce falls and fall-related injuries while promoting mobility. The company has launched various series such as the L model, ZM model, LE model, and more. This launch aimed to promote the safety of patients while reducing fall-related injuries.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global patient handling equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on The Global Patient Handling Equipment Market
- Recovery Scenario of Global Patient Handling Equipment Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. ETAC AB
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Guldmann, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Handicare AB (Savaria Corp.)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Invacare Corp.(Allied Motion Technologies,Inc.)
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Stryker
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Patient Handling Equipment Market by Product
4.1.1. Wheelchairs and Scooters
4.1.2. Medical Beds (electric bed, manual bed, and semi-electric bed)
4.1.3. Mechanical and Non-mechanical Equipment
4.1.4. Ambulatory Aids
4.2. Global Patient Handling Equipment Market by Type of Care
4.2.1. Bariatric Care
4.2.2. Fall Prevention
4.2.3. Critical Care
4.2.4. Wound Care
4.3 Global Patient Handling Equipment Market by End-User
4.3.1 Hospitals
4.3.2 Home Care Settings
4.3.3 Elderly Care Facilities
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Arjo
6.2. Antano Group.
6.3. Edan Instruments, Inc.
6.4. GF Health Products, Inc. (Graham Field)
6.5. Gettinge AB
6.6. Interson Corp.
6.7. Leltek, Inc.
6.8. LINET spol. S r.o.
6.9. Medline Industries, Inc.
6.10. Ossenberg GmbH
6.11. Prism Medical Group.
6.12. Paramount Bed Co.Ltd.
6.13. Scintica Instrumentation,Inc.
6.14. Stiegelmeyer GmbH &Co.KG
LIST OF TABLES
1. GLOBAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
2. GLOBAL WHEELCHAIRS AND SCOOTERS IN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL MEDICAL BEDS PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL MECHANICAL AND NON-MECHANICAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL AMBULATORY AIDS PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF CARE, 2021-2028 ($ MILLION)
7. GLOBAL BARIATRIC CARE MARKET SEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL FALL PREVENTION IN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL CRITICAL CARE PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL WOUND CARE PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
12. GLOBAL HOSPITAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL HOME CARE SETTINGS IN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ELDERLY CARE FACILITIES IN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
18. NORTH AMERICAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF CARE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
20. EUROPEAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
22. EUROPEAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF CARE, 2021-2028 ($ MILLION)
23. EUROPEAN PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER
24. ASIA-PACIFIC PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF CARE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF END-USER
28. REST OF THE WORLD PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2021-2028 ($ MILLION)
30. REST OF THE WORLD PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE OF CARE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD PATIENT HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER
1. IMPACT OF COVID-19 ON GLOBAL PATIENT HANDLING EQUIPMENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PATIENT HANDLING EQUIPMENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL PATIENT HANDLING EQUIPMENT MARKET, 2021-2028 (%)
4. GLOBAL PATIENT HANDLING EQUIPMENT MARKET SHARE BY PRODUCT, 2021 VS 2028 (%)
5. GLOBAL WHEELCHAIRS AND SCOOTERS IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL MECHANICAL AND NON-MECHANICAL EQUIPMENT IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL AMBULATORY AIDS IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL PATIENT HANDLING EQUIPMENT MARKET SHARE BY TYPE OF CARE, 2021 VS 2028 (%)
9. GLOBAL BARIATRIC CARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL FALL PREVENTION IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL CRITICAL CARE IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL WOUND CARE IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL PATIENT HANDLING EQUIPMENT MARKET SHARE BY END USER, 2021 VS 2028 (%)
14. GLOBAL HOSPITALS IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL HOME CARE SETTINGS IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL ELDERLY CARE FACILITIES IN PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL PATIENT HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. US PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
20. UK PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE PATIENT HANDLING EQUIPMENT MARKE TSIZE, 2021-2028 ($ MILLION)
22. GERMANY PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD PATIENT HANDLING EQUIPMENT MARKET SIZE, 2021-2028 ($ MILLION)
