Patient Handling Equipment Market, By Products (Wheelchairs, Medical Scooters, Mechanical Scooters, Non-Mechanical Scooters, Ambulatory Aids and Other Patient Handling Equipment), By Care Type (Critical Care, Fall Prevention, Bariatric Care, Wound Care and Other Care Type), By End Use (Home Care, Elderly Care and Hospital Settings) And Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025

  • Product Code:
    RP-ID-10293975
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    107
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-48

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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REPORT HIGHLIGHT
The patient handling equipment market is estimated to represent a global market of USD 9.87 billion by 2016 with growth rate of 12.2%. Medical equipment is a core component in effectively moving and handling patients and to improve quality of patient care. This equipment comprises of medical chairs, medical scooters, slings and others. High risk with the handling of patients manually have stimulated the growth of advanced patient handling equipment worldwide. Manual lifting of patients involves pushing, pulling, carrying and moving of heavy loads. This involves high risk of injury to patients as well as caregivers. Rising incidence of injuries due to manual lifting is anticipated to drive the demand for safe patient handling equipment in the coming years. The associated risks involved in handling patients manually increases need for high safety products thereby increasing the overall product sales of the patient handling equipment. Increasing geriatric population coupled with rising incidence of disability problems are also expected to drive the market growth to significantly. In addition, obesity also decreases patient mobility to a certain extent and hence needs assistance, thereby increasing the demand for patient handling equipment.
The global patient handling equipment is classified in terms of products and end use. Product segment is categorized as Wheelchairs, Medical Scooters, Mechanical Scooters, Non-Mechanical Scooters, Ambulatory Aids and Other Patient Handling Equipment. Wheelchairs are the largest revenue generating market segment, accounted for more than 26% of the total market. Advancement in technologies coupled with associated benefits of powered wheelchairs supported the market growth. For example, powered wheelchairs offer durability and stability and enable patient movement without the use of lifts. However, training is extremely necessary to educate caregivers about the mechanism and functioning of patient handling products and its operations for their effective use. However, the lack of adequate training staff provided by very few organizations & companies is hampering the growth of the patient handling market.
In terms of Care Type, the market is categorized as Critical Care, Fall Prevention, Bariatric Care, Wound Care and Other Care Type. With the rising incidence of lifestyle-associated diseases, the demand for bariatric care has likewise risen. Around, 21% share of the global market is captured by fall prevention. According to the Centers for Disease Control and Prevention (CDC) in the U.S., yearly 2 million cases of fall-related injuries are treated in the emergency department. End Use segment is categorized as Home Care, Elderly Care and Hospital Settings.
Regionally, the market is divided into North America, Europe, Asia Pacific and Rest of the World. Developed regions such as North America and Europe recorded highest share of the global market. Europe is considered to be the big market of the overall patient handling equipment in 2016. This is due to the rising presence of large healthcare facilities, trained professionals, and demand for innovative and better services coupled with supportive regulations ensuring patient handling safety. On other side, developing regions such as Asia Pacific and Latin America is growing at constant growth rate over the forecast period. Increasing incidence of disabilities and occupational injuries amongst healthcare workers across region is presumed to be responsible for propelling the regional growth. The global patient handling equipment market is consolidated in nature. Major players such as Getinge Group, Invacare Corporation, and Stryker Corporation dominated the market.
The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
Historical Year – 2014 & 2015
Base Year – 2015
Estimated Year – 2016
Projected Year – 2025
TARGET AUDIENCE
Traders, Distributors, And Suppliers
Manufacturers
Hospitals
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
Wheelchairs
Medical Scooters
Mechanical Scooters
Non-Mechanical Scooters
Ambulatory Aids
Other Patient Handling Equipment
MARKET, BY CARE TYPE
Critical Care
Fall Prevention
Bariatric Care
Wound Care
Other Care Type
MARKET, BY END USE
Home Care
Elderly Care
Hospital Settings
MARKET, BY REGION
North America
Europe
Asia Pacific
Rest of the World
MARKET, BY COUNTRY
Further Breakdown of The North America Market
U.S.
Canada
Further Breakdown of The Europe Market
Germany
France
Rest of Europe
Further Breakdown of The APAC Market
India
China
Rest of APAC
Further Breakdown of The Rest of the World Market
Middle East and Africa
Latin America


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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