According to a market report published by Lucintel, the future of the patient handling equipment market looks promising with opportunities in the home care, hospitals, and elderly care facilities. The patient handling equipment market is expected to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are rising geriatric population, increasing incidence of disabilities, and high risk of injuries to caregivers during manual handling of patients.
In this market, wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, and ambulatory aids are used for patient handing based on assessment of patient needs. Medical bed is the largest segment.
Within the patient handling equipment market, lifting accessories, transfer accessories, evacuation accessories, and medical bed accessories are the major segments on the basis of accessories.
Europe will remain the largest market over the forecast period due to growing aging population, robust healthcare infrastructure, and government regulation.
Stryker, Hill-Rom Holdings, Invacare, Prism Medical, Getinge Group, Guldmann, Linet Spol, Stiegelmeyer, and Handicare are among the major manufacturers of patient handling equipment.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the patient handling equipment market by product, type of care, accessory, end user, and region. Lucintel has prepared a comprehensive research report titled "Patient Handling Equipment Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the patient handling equipment market by product, type of care, accessory, end user, and region as follows:
By Product [$M shipment analysis for 2013 – 2014]:
• Wheelchairs and Scooters
• Medical Beds
• Bathroom Safety Supplies
• Mechanical Equipment
• Non-mechanical Equipment
• Ambulatory Aids
• Others
By Application [$M shipment analysis for 2013 – 2024]:
• Bariatric Care
• Fall Prevention
• Critical Care
• Wound Care
• Others
By End User [$M shipment analysis for 2013 – 2024]:
• Home Care
• Hospitals
• Elderly Care Facilities
• Other
By Region [$M shipment analysis for 2013 – 2024]:
• North America
• United States
• Canada
• Mexico
• Europe
• UK
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this ……. [email protected].
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This report answers following 11 key questions:
Q.1. What are some of the most promising potential, high-growth opportunities for the patient handling equipment market by product (wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids, and others), application (bariatric care, fall prevention, critical care, wound care, and others), end user (home care, hospitals, elderly care facilities and others), and region (North America, Europe, Asia-Pacific, Rest of the World(ROW))?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the patient handling equipment market?
Q.5. What are the business risks and threats to the patient handling equipment market?
Q.6. What are emerging trends in this patient handling equipment market and the reasons behind them?
Q.7. What are some changing demands of customers in the patient handling equipment market?
Q.8. What are the new developments in the patient handling equipment market? Which companies are leading these developments?
Q.9. Who are the major players in this patient handling equipment market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this patient handling equipment area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M and A activities have taken place in the last 5 years in this patient handling equipment market?