Patient Handling Equipment Market Share and Size Analysis

The market size of Patient Handling Equipment was estimated to be USD 13,241 million in 2022. It is projected to reach USD 18,974.67 million by 2030, with a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2030.

In the realm of patient handling, the equipment market has witnessed substantial growth and is expected to continue its upward trajectory. With an estimated value of USD 13,241 million in 2022, this market is poised for remarkable expansion, reaching a staggering USD 18,974.67 million by 2030. This growth is anticipated to occur at a steady CAGR of 4.6% over the forecast period spanning from 2023 to 2030.

Patient handling equipment plays a crucial role in the healthcare industry, facilitating the safe and efficient movement of patients. As the demand for quality healthcare services rises, the need for advanced equipment to aid in patient handling becomes increasingly evident. This market's steady growth is a testament to the industry's recognition of the importance of patient safety and comfort.

Looking ahead, the forecast for the patient handling equipment market is promising. With a projected CAGR of 4.6%, this industry is set to witness substantial expansion over the next decade. By 2030, the market is expected to reach an impressive value of USD 18,974.67 million, reflecting the growing emphasis on patient care and the continuous advancements in handling technology.

In conclusion, the patient handling equipment market is on a positive trajectory, driven by the increasing demand for enhanced patient care and safety. With a projected value of USD 18,974.67 million by 2030, this market presents lucrative opportunities for industry players. As the forecast period unfolds, it is crucial for stakeholders to stay abreast of the latest developments and capitalize on the evolving needs of the healthcare sector.

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KEY MARKET SEGMENTATION:

By Type

• Patient Transfer Devices
  • Patient Lifts
    • Ceiling lifts
    • Steel and wheelchair lifts
    • Mobile lifts
    • Sit-to-stand lifts
    • Bath and pool lifts
  • Slings
  • Air-assisted Lateral Transfer Mattresses
    • Reusable air assisted mattresses
    • Single-patient use air assisted mattresses
  • Sliding sheets
  • Accessories
• Medical Beds
  • Medical Beds, By Type
    • Electric Beds
    • Manual Beds
    • Semi-electric Beds
  • Medical Beds, By Application
    • Acute Care
    • Long-term Care
    • Rehabilitation
    • Bariatric Care
  • Mobility Devices
    • Wheelchairs and Mobility Scooters
      • Powered Wheelchairs
      • Mobility Scooters
      • Manual Wheelchairs
    • Ambulatory Aids
  • Bathroom and Toilet Assist Equipment
  • Stretchers and Transport Chairs

By End User

• Hospitals
• Home-care settings
• Other End Users

Some of the major key players 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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