Patient Handling Equipment market opportunity worth USD 17.6 Bn by 2029

Patient Handling Equipment Market size was valued at USD 13.41 Bn. in 2022 and the total Patient Handling Equipment revenue is expected to grow by 4 % from 2023 to 2029, reaching nearly USD 17.6 Bn.

Patient Handling Equipment Market Overview:

The Patient handling is known for lifting, lowering, holding, pushing, or dragging patients. Patient handling equipment is mobility, disability, and rehabilitation devices that are particularly developed to give comfort and quality of sleep to hospitalized patients while also meeting their other healthcare demands. These medical devices allow the patient to be more flexible and relaxed. The growing older population and the increasing frequency of lifestyle illnesses are the primary driving factors for the patient handling equipment market in Europe. To avoid the injuries that are frequently caused by manual handling, healthcare institutions are increasing their usage of patient-handling devices. Transferring, lifting, and moving patients are examples of patient handling tasks (turning patients in bed, giving patients baths on the bed, patient dressings, etc.) Stretchers, I.V. poles and attachments, operating table pads, armboard pads, wheelchairs, medical beds, and scooters are examples of patient-handling equipment. Stretchers, wheelchairs, and scooters are used to transport people who need medical attention. Medical beds enable patients to alter positions for comfort and create a relaxing sleep environment.

Report Scope:

The report on Patient Handling Equipment market provides a quantitative analysis of market size, price, M&A, demand, and supply chain, investment and expansion plans by key competitors, and predictions. Porter's five forces study explains how buyers and suppliers build supplier-buyer networks and make profit-driven decisions. The present Patient Handling Equipment Market potential is assessed through detailed analysis and segmentation. The analysis will provide investors with a full insight into the industry's future, as well as the elements likely to affect the firm favorably or adversely. The research offers a complete understanding of the market for those investors wishing to invest. This study contains scenarios for the Patient Handling Equipment Market from the past and present, along with projected market numbers. The report's thorough analysis of important competitors, including market leaders, followers, and new entrants, covers every aspect of the market. The research contains strategic profiles of the top market participants, a full examination of their key competencies, and their company-specific plans for the introduction of new products, growth, partnerships, joint ventures, and acquisitions. With its clear portrayal of competitive analysis of significant companies by product, pricing, financial condition, product portfolio, growth strategies, and regional presence in the domestic as well as the local market, the research acts as an investor's guide.Patient Handling Equipment MarketTo know about the Research Methodology :- Request Free Sample Report

Patient Handling Equipment Market Dynamics:

Growing number of post-surgery disability According to the World Health Organization, an estimated 1.9 million patients suffering from some sort of impairment in 2018, and the number of disabled patients is expected to climb to 2.83 million patients by 2030. The growing demand for improved technical goods in the medical industry, as well as the increased requirement for equipment to treat patients following essential operations such as orthopedic, cardiac, and bariatric procedures, will boost the patient handling equipment market during the forecast period. The growing frequency of impairments following catastrophic accidents and operations, as well as an increase in the senior population, are expected to drive the patient-handling equipment market. The advent of technologically enhanced efficient goods that are easy to use and help careers avoid musculoskeletal diseases is expected to fuel growth in the forecast period. Geriatric and obese populations to increase the market for Patient Handling Equipment Growing life expectancy, the number of persons aged 60 and more has gradually increased over time. According to the United Nations Database on World Population Ageing 2020, the worldwide geriatric population will grow significantly, from 727 million in 2020 to 1.5 billion by 2050. The elderly are more vulnerable to fall-related accidents, which can result in a variety of functional limitations and reliance on mobility equipment. As a result, the worldwide elderly population rise will fuel demand for Patient Handling Equipment Market According to the WHO, the global prevalence of obesity has nearly quadrupled since 1975. Around 39 million children under the age of five were overweight or obese in 2020. Caregivers are put at risk of injury during repositioning and nursing care tasks when caring for bariatric patients. There are several sorts of devices available on the market for dealing with bariatric patients. Despite the availability of specialist equipment for obese patients, caregivers may find it difficult to manage them due to their reduced mobility. The overall number of injuries occurring when treating obese patients can be decreased by using suitable assistive equipment, collaboration, and good direction. New solutions including specially built beds, support surfaces, bariatric lifts, slings, and chairs can assist enhance the safety of both fat patients and caregivers. Increased prevalence of disability accelerates Patient Handling Equipment Industry growth The growing handicapped population throughout the world drives the need for patient-handling equipment. According to the WHO, around 15.5% of the world's population lives with some sort of impairment in 2019, with 2.3% to 4.5% experiencing functional issues. Because of the growing development of chronic illnesses, the number of handicapped persons is increasing. Disabled persons require patient-handling equipment in order to carry out their regular duties. Increasing disability instances would considerably drive patient handling equipment market expansion throughout the analyzed period. Additionally, as a result of the COVID-19 outbreak, there is a significant increase in the global need for medical beds. The growing number of corona cases throughout the world is putting pressure on governments in both wealthy and developing countries to improve their patient-handling capabilities. The public health systems are contributing funding to acquire the necessary hospital infrastructure, including medical beds, which are a crucial prerequisite. Another key element that would favorably effect market growth is an increase in fundraising for patient-handling equipment. Patient Handling Equipment MarketMarket Restraints: Lack of training for caregivers on patient-handling equipment Effective training programs must be undertaken to raise knowledge about safe patient handling and to enable caregivers to operate transfer devices properly. Lifting patients with unique conditions, such as pressure sores or burns, as well as bariatric patients, requires extensive training. Owing to cost-cutting strategies being adopted in hospitals throughout numerous developing and developed nations, caregivers are only receiving a limited number of training sessions (in terms of good patient management). This is owing to the high initial cost of equipment and upkeep, which also includes training fees, and most healthcare facilities cannot afford the required patient-handling equipment. In the case of insufficient training, caregivers may progressively move to manual handling as they gain a better grasp of manual handling procedures and may find the use of patient lifting equipment difficult. This will have an impact on the adoption of the Patient Handling Equipment Market. Patient Handling Equipment Market Opportunities: High demand for Home healthcare services A growing number of government rules are being enacted globally to lower the length and expense of healthcare procedures. The Centers for Medicare and Medicaid Services (CMS), for example, has taken initiatives to encourage nursing homes and home healthcare in order to cut inpatient expenses. Those provided at a patient's home are often less expensive than services provided in institutions, especially when available informal care is utilized properly. According to the OECD, the COVID-19 epidemic has harmed older adults and their caregivers in 2019. With 94.5% of COVID-19 deaths occurring in those over the age of 60, the epidemic has focused attention on the long-term care industry. This has aided in the improvement of home care for the elderly. Additionally, as new technologies such as remote patient monitoring emerge, the home care market is likely to increase significantly in the forecast years. In the forecast period, the growing need for home care drives up the demand for equipment used to treat patients in home care settings, such as patient transfer devices, mobility devices, and medical beds.

Patient Handling Equipment Market Segment Analysis:

Based on Product, In 2022, medical beds had a sizable Patient Handling Equipment market share. This increase can be ascribed to the increasing use of handling equipment in hospitals, home care, nursing homes, trauma centers, and long-term acute care facilities. Moreover, medical bed upgrades such as bed frames, adjustable angles, and support surfaces for ease of mobility and comfort are responsible for changing preferences away from regular beds and therefore increasing demand. Electric backrests, shear and friction reduction, battery backup, and ease of installation and disassembly are important advantages of modern beds that are expected to boost demand in the forecast period. Based on the Type of Care, Wound care was classified as a prominent category in 2022, owing to the increased prevalence of medical disorders such as critical, acute, and chronic wounds; pressure ulcers; burns; surgical injuries; venous leg ulcers; and diabetic ulcers. Furthermore, sophisticated wound care management technologies such as stem cell treatment, hyperbaric oxygen therapy, bioengineered tissue, and negative-pressure wound therapy are expected to drive market expansion in the forecast years. Patient Handling Equipment Market Based on the End User, Because of the rising adoption rate of patient handling equipment for the medical safety of patients and caregivers, hospitals led the end-use sector in 2021. Furthermore, increasing the adoption of safety requirements and government pressure to follow these recommendations is the element driving the market growth. In the United Kingdom, for example, the National Patient Safety Agency analyses patient safety issues in hospital settings in order to improve patients' health. Furthermore, rising expenditures aimed at enhancing healthcare infrastructure in order to provide better services and facilities are likely to drive market growth during the forecast period.

Patient Handling Equipment Market Regional Insights:

North America is expected to dominate the Patient Handling Equipment market throughout forecast period. The increased incidence of different musculoskeletal diseases, as well as the availability of improved healthcare infrastructure in comparison to many other nations, are the primary drivers driving market expansion in the United States. Musculoskeletal disorders are among the most debilitating and costly ailments in the United States. Back and spine abnormalities account for a large proportion of musculoskeletal ailments. According to National Safety Council (NSC) figures, over 130,000 swimming injuries were treated in emergency centers in 2020, with children under the age of 14 accounting for half of all injuries (NSC). In 2020, this age group was responsible for 45% of soccer injuries, 44% of baseball injuries, and 40% of lacrosse and rugby injuries treated in emergency departments. Furthermore, according to Centers for Disease Control and Prevention (CDC) figures revised in March 2022, the number of emergency department visits in the United States in 2021 was 130 million, with injury-related visits totaling 35 million. This increase in emergency visits, along with an increase in injuries, is likely to lead to greater adoption of mechanical lift handling equipment in the United States, driving the expansion of the investigated market. Additionally, breast cancer is the most frequent cancer, with 290,560 new cases expected in the United States in 2022, according to the National Cancer Institute. The next most common malignancies in the United States are prostate cancer and lung cancer. Cancer is expected to increase hospital admissions and lengthen hospital stays, necessitating the use of patient-motorized lifts for patient handling. This is likely to fuel demand for mechanical lifts used for patient handling, propelling the country's market growth. Moreover, according to the American Hospital Association (AHA), the number of operational hospitals in the United States climbed from 5,534 in 2016 to 6,093 in 2020. Thus, an increase in hospital volume and admissions promotes increased demand for mechanical lift handling equipment in hospitals, enhancing the researched market expansion in the nation. Additionally, the Senior Report 2022 released by the United Health Foundation for America's Health Rankings reveals that in 2022, there were over 54 million individuals in the United States who were 65 or older or around 16.5% of the total population. The higher hospitalization rate caused by this population's propensity for chronic illnesses and surgical procedures is predicted to raise demand for patient mechanical lift handling equipment, leading to market expansion. During the forecast period, rising musculoskeletal problems in the US are expected to boost demand for mechanical lift handling equipment.

Patient Handling Equipment Market Scope: Inquire before buying

Patient Handling Equipment Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 4% US$ 13.41 Bn US$ 17.4 Bn
Segments Covered
by Product Medical Beds Wheelchair Scooter Bathroom Safety Mechanical Ambulatory by Type of Care Wound Bariatric Fall Critical Accessory Lifting Transfer by End User Hospitals Homecare Elderly Care Homes Others
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Patient Handling Equipment Market Key Players are:

1.Hill-Rom Holdings Inc. (US) 2.Invacare Corporation (US) 3.Sunrise Medical (US) 4.EZ Way, Inc., (US) 5.GF Health Products, Inc. (US) 6.Joerns Healthcare LLC, (US) 7.Medline Industries, Inc. (US) 8.Gendron,Inc. (US) 9.Hill-Interson Corporation (US) 10.Stryker (US) 11.Guldmann,Inc (US) 12.Scintica Instrumentation, Inc. (Canada) 13.Savaria (Canada) 14.Drive DeVilbiss International (Germany) 15.Stiegelmeyer GmbH & Co. KG (Germany) 16.Ossenberg GmbH (Germany) 17.ETAC AB (Sweden) 18.Handicare group AB (Sweden) 19.Getinge AB (Sweden) 20.Arjo (Sweden) 21.Antano Group (Italy) 22.Paramount Bed Co. Ltd. (Japan) 23.Lepu Medical Technology (China) 24.Edan Instruments (China) 25.Leltek, Inc. (Taiwan) Frequently Asked Questions: 1] Ways to Choose the Right Patient Handling Equipment? Ans. Involving front-line hospital workers in evaluating and choosing appropriate patient handling equipment. Front-line employees who actually transport patients are a valuable resource for determining which handling equipment is best suited to each unit. Choosing patient handling equipment depends on each unit's and patient population's individual lifting, mobility, and transfer requirements. Ensuring that patient handling equipment is conveniently positioned, easily accessible to employees, and immediately available so that staff may use it without delaying other duties or keeping patients waiting. 2] What equipment is used to raise patients? Ans. Patient lifts are used to transport patients from one location to another (e.g., from bed to bath, chair to the stretcher). These are not the same as stairway chair lifts or elevators. Patient lifts can be operated manually or using a power source. 3] What is patient handling skills? Ans. In the case of patient handling, it entails employing mechanical equipment and safety protocols to lift and transport patients so that healthcare staff may avoid manual strain and thereby limit their risk of harm. 4] Why is patient handling important? Ans. Safe manual handling is essential for avoiding the pain and suffering associated with MSDs. Awkward postures, poor lifting skills, and a failure to route plan all enhance the risk of injury while doing manual handling duties. 5] What do you mean by safe patient handling? Ans. The use of assistive technologies to guarantee that patients can be mobile safely and that caregivers avoid doing high-risk manual patient handling chores is part of safe patient handling and mobility. Using the gadgets decreases the chance of damage to the caregiver while also improving the safety and quality of patient care.
1. Global Patient Handling Equipment Market Size: Research Methodology 2. Global Patient Handling Equipment Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Patient Handling Equipment Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Patient Handling Equipment Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Patient Handling Equipment Market Size Segmentation 4.1. Global Patient Handling Equipment Market Size, by Product (2022-2029) • Medical Beds • Wheelchair • Scooter • Bathroom Safety • Mechanical • Ambulatory 4.2. Global Patient Handling Equipment Market Size, by Type of Care (2022-2029) • Wound • Bariatric • Fall • Critical • Accessory • Lifting • Transfer 4.3. Global Patient Handling Equipment Market Size, by End User (2022-2029) • Hospitals • Homecare • Elderly Care Homes • Others 5. North America Patient Handling Equipment Market (2022-2029) 5.1. North America Patient Handling Equipment Market Size, by Product (2022-2029) • Medical Beds • Wheelchair • Scooter • Bathroom Safety • Mechanical • Ambulatory 5.2. North America Patient Handling Equipment Market Size, by Type of Care (2022-2029) • Wound • Bariatric • Fall • Critical • Accessory • Lifting • Transfer 5.3. North America Patient Handling Equipment Market Size, by End User (2022-2029) • Hospitals • Homecare • Elderly Care Homes • Others 5.4. North America Semiconductor Memory Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Patient Handling Equipment Market (2022-2029) 6.1. European Patient Handling Equipment Market, by Product (2022-2029) 6.2. European Patient Handling Equipment Market, by Type of Care (2022-2029) 6.3. European Patient Handling Equipment Market, by End User (2022-2029) 6.4. European Patient Handling Equipment Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Patient Handling Equipment Market (2022-2029) 7.1. Asia Pacific Patient Handling Equipment Market, by Product (2022-2029) 7.2. Asia Pacific Patient Handling Equipment Market, by Type of Care (2022-2029) 7.3. Asia Pacific Patient Handling Equipment Market, by End User (2022-2029) 7.4. Asia Pacific Patient Handling Equipment Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Patient Handling Equipment Market (2022-2029) 8.1. Middle East and Africa Patient Handling Equipment Market, by Product (2022-2029) 8.2. Middle East and Africa Patient Handling Equipment Market, by Type of Care (2022-2029) 8.3. Middle East and Africa Patient Handling Equipment Market, by End User (2022-2029) 8.4. Middle East and Africa Patient Handling Equipment Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Patient Handling Equipment Market (2022-2029) 9.1. South America Patient Handling Equipment Market, by Product (2022-2029) 9.2. South America Patient Handling Equipment Market, by Type of Care (2022-2029) 9.3. South America Patient Handling Equipment Market, by End User (2022-2029) 9.4. South America Patient Handling Equipment Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Hill-Rom Holdings Inc. (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Invacare Corporation (US) 10.3. Sunrise Medical (US) 10.4. EZ Way, Inc., (US) 10.5. GF Health Products, Inc. (US) 10.6. Joerns Healthcare LLC, (US) 10.7. Medline Industries, Inc. (US) 10.8. Gendron,Inc. (US) 10.9. Hill-Interson Corporation (US) 10.10. Stryker (US) 10.11. Guldmann,Inc (US) 10.12. Scintica Instrumentation, Inc. (Canada) 10.13. Savaria (Canada) 10.14. Drive DeVilbiss International (Germany) 10.15. Stiegelmeyer GmbH & Co. KG (Germany) 10.16. Ossenberg GmbH (Germany) 10.17. ETAC AB (Sweden) 10.18. Handicare group AB (Sweden) 10.19. Getinge AB (Sweden) 10.20. Arjo (Sweden) 10.21. Antano Group (Italy) 10.22. Paramount Bed Co. Ltd. (Japan) 10.23. Lepu Medical Technology (China) 10.24. Edan Instruments (China) 10.25. Leltek, Inc. (Taiwan)
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