Patient Handling Equipment Market Size: Market Dynamics and Forecast
The Patient Handling Equipment Market size was estimated USD 13,241 million in 2022 and is expected to reach USD 18974.67 million By 2030 at a CAGR of 4.6 % during the forecast period of 2023-2030.
The patient handling equipment market is witnessing significant growth due to the rising demand for advanced healthcare facilities and the increasing geriatric population worldwide. Patient handling equipment refers to a range of devices and tools used by healthcare professionals to safely transfer, move, or reposition patients with limited mobility.
One of the key factors driving the market is the growing prevalence of chronic diseases such as cardiovascular disorders, musculoskeletal conditions, and neurological disorders. These conditions often result in reduced mobility and require specialized equipment for patient transfer and movement. Additionally, the aging population is more prone to developing such chronic illnesses, further fueling the demand for patient handling equipment.
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Another factor contributing to market growth is the increasing emphasis on patient safety and comfort during healthcare procedures. Healthcare providers are increasingly adopting ergonomic patient handling solutions that reduce the risk of injuries to both patients and caregivers. This has led to a surge in demand for technologically advanced patient lifts, slings, stretchers, wheelchairs, and other assistive devices.
Furthermore, government initiatives Furthermore, government initiatives have played a crucial role in driving the adoption of patient safety measures in healthcare facilities. Governments around the world have implemented regulations and guidelines that prioritize patient safety and comfort, encouraging healthcare providers to invest in innovative solutions. These initiatives have not only improved the overall quality of care but have also created a competitive market for manufacturers of patient handling equipment. In addition to patient safety, the focus on comfort during healthcare procedures has also been influenced by the growing awareness of the importance of patient experience. Healthcare providers are recognizing the impact of a positive patient experience on overall satisfaction and outcomes. As a result, there is a growing demand for patient handling solutions that not only ensure safety but also enhance the comfort and dignity of patients. The advancements in technology have further fueled the market growth of patient handling solutions. Technologically advanced patient lifts, slings, and other assistive devices are designed to provide efficient and safe patient transfers, reducing the physical strain on caregivers. These devices are equipped with features such as automated controls, adjustable settings, and ergonomic designs, making them user-friendly and effective in improving patient safety and comfort. Overall, the increasing emphasis on patient safety and comfort, supported by government initiatives and technological advancements, has significantly contributed to the growth of the market for patient handling solutions. This trend is expected to continue as healthcare providers strive to enhance the quality of care and improve patient outcomes.
KEY MARKET SEGMENTS
By Type
· Patient Transfer Devices
o Patient Lifts
§ Ceiling lifts
§ Steel and wheelchair lifts
§ Mobile lifts
§ Sit-to-stand lifts
§ Bath and pool lifts
o Slings
o Air-assisted Lateral Transfer Mattresses
§ Reusable air assisted mattresses
§ Single-patient use air assisted mattresses
o Sliding sheets
o Accessories
· Medical Beds
o Medical Beds, By Type
§ Electric Beds
§ Manual Beds
§ Semi-electric Beds
o Medical Beds, By Application
§ Acute Care
§ Long-term Care
§ Rehabilitation
§ Bariatric Care
· Mobility Devices
o Wheelchairs and Mobility Scooters
§ Powered Wheelchairs
§ Mobility Scooters
§ Manual Wheelchairs
o Ambulatory Aids
· Bathroom and Toilet Assist Equipment
· Stretchers and Transport Chairs
By End User
· Hospitals
· Home-care settings
· Other End Users
Major Players Listed in the Report are as Follows:
Invacare Corporation, Sunrise Medical (US) LLC, Permobil AB, Medline Industries Inc, Yuwell-Jiangsu Yuyue medical equipment & supply Co. Ltd., Ottobock SE & Co KGaA, Pride Mobility Products Corporation, MEYRA GmbH, Hoveround Corporation, MATSUNAGA MANUFACTORY Co. Ltd., Ki Mobility, Etac AB and others.
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