With the
rapid advancement in technology and the increasing number of hospitalization
cases, the surging number of surgical cases has increased pressure on the
hospitals and the medical staff for proper handling of patients. The manual
handling of the patients is responsible for the increasing number of injuries
among medical staff. In 2019, U.S. hospitals recorded 221,400
work-related injuries and illnesses, a rate of 5.5% work-related injuries and
illnesses for every 100 full-time employees. Furthermore, the
increasing concerns about patient safety significantly contribute to the market
growth of the patient handling equipment market. Additionally, the growth of
orthopedic rehabilitation centers induces the demand for patient-handling
devices which are useful in the training.
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According to UnivDatos Market Insights (UMI)’ research
report “Global Patient
Handling Equipment Market Analysis, 2021”, the Patient Handling Equipment market is projected
to grow at a CAGR of ~6% during 2021-27F. Deteriorating health coupled with the
rising incidences of medical injuries is one of the major reasons of concern
across the globe owing to the advancement in medical technology. These factors
are driving the worldwide demand for cost-effective healthcare solutions
augmenting the growth of the patient handling equipment market globally.
Based on the product type,
the market is
segmented into wheelchairs and scooters, medical beds, mechanical and
nonmechanical equipment, ambulatory aids, and others. In 2020, the wheelchairs
& scooter segment has a significant share of the patient handling equipment
market due to the increasing number of patients in the hospitals and the
surging geriatric population that requires proper treatment resulting in an
increasing market size for the patient handling equipment. As per
CDC, 17 % of Americans older than 65 years are hospitalized at least once
during the year.
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Hospital Segment to
Witness Robust growth
Based on
End-users, the market is segmented into hospitals,
home-care settings, and others. The hospital segment is expected to witness significant market growth
during the forecast period. The segmental growth is due to the increasing
number of medical injuries, the surging geriatric population, and an increasing
number of orthopedic cases. Globally, a 33.4% increase in new fracture cases
was reported in 2019 which accounted for 133.08 million cases in 2018 and
reached 178 million cases in 2019.
Europe to Grab Lion’s
Share, and witnessed Explicit Growth
Based on the region, APAC dominated the global
Patient Handling Equipment market in 2020. The region is projected to maintain
its dominance during the forecasted period 2021-27 owing to the well-established
market players and frequent product launches. APAC is expected to skyrocket
with a robust CAGR in the forecast period owing, as stated in UnivDatos Market Insights (UMI)’ research report “Global Patient Handling Equipment Market Analysis, 2021”.
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us – https://univdatos.com/report/patient-handling-equipment-market/
According
to UnivDatos Market Insights (UMI)’,
the key players with a considerable market share in the patient handling
equipment market are Arjo, Hill-Rom Holdings Inc., Invacare Corporation,
Stryker, Drive divibliss healthcare, Inc., ETAC AB, GF Health Products, Inc.,
Guldmann Inc., Handicare group AB, Joerns Healthcare LLC among others. The players are focused
on launching products for gaining customers' traction and expanding their
geographical reach to get a competitive edge in the industry.
“Global Patient
Handling Equipment Market Analysis, 2021” provides comprehensive qualitative and
quantitative insights on the industry potential, key factors impacting sales
and purchase decisions, hotspots, and opportunities available for patient
handling equipment providers across the Globe. Moreover, the report also
encompasses the key strategic imperatives for success for competitors along
with strategic factorial indexing measuring competitor's capabilities on 16
parameters. This will help companies in the formulation of go to Market
Strategies and identifying the blue ocean for its offerings.
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us – https://univdatos.com/report/patient-handling-equipment-market/
Market Segmentation:
1. By Product Type (Wheelchairs And Scooters, Medical Beds, Mechanical and Nonmechanical
Equipment, and Ambulatory Aids)
2. By End-users (Hospitals,
Home-Care Settings, and Others)
3.
By Region (North America,
Europe, Asia-Pacific, Rest of the World)
4.
By Company (are
Arjo, Hill-Rom Holdings Inc., Invacare Corporation, Stryker, Drive divibliss
healthcare, Inc., ETAC AB, GF Health Products, Inc., Guldmann Inc., Handicare
group AB, Joerns Healthcare LLC., etc.)
Key
questions answered in the study:
1.
What are the current and future trends
of the patient handling equipment industry?
2.
How the industry has been evolving in
terms of product type and end-users?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and
challenges for the Patient Handling Equipment industry?
5.
What is the customer orientation,
purchase behavior, and expectations from the Patient Handling Equipment firms
across various regions?
Table
of Content –
1.
MARKET INTRODUCTION
2.
RESEARCH METHODOLOGY OR ASSUMPTION
3.
MARKET SYNOPSIS
4.
EXECUTIVE SUMMARY
5.
IMPACT OF COVID-19 ON THE PATIENT HANDLING EQUIPMENT MARKET
6.
PATIENT HANDLING EQUIPMENT MARKET REVENUE (USD BN), 2019-2027F
7.
MARKET INSIGHTS BY PRODUCT TYPE
8.
MARKET INSIGHTS BY END-USERS
9.
MARKET INSIGHTS BY REGION
10.
PATIENT HANDLING EQUIPMENT MARKET DYNAMICS
11.
PATIENT HANDLING EQUIPMENT MARKET OPPORTUNITIES
12.
PATIENT HANDLING EQUIPMENT MARKET TRENDS
13.
POLICY AND REGULATORY LANDSCAPE
14.
DEMAND AND SUPPLY-SIDE ANALYSIS
15.
COMPETITIVE SCENARIO
16.
COMPANY PROFILED
17.
DISCLAIMER
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