The global patient handling equipment market was valued at USD 23.2 billion in 2021 and it is anticipated to grow up to USD 44.7 billion by 2031, at a CAGR of 6.8% during the forecast period.
Patient handling equipment are used for patients that require physical assistance, as well as for people under medication or illness. The patient handling equipment are generally used at hospitals, home care settings, elderly care facilities and rehabilitation centre among others. The patient handling equipment ensures the safety of doctors as well as caregivers while handling patients. Moreover, it also reduces the possibility of patient injuries.
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Market Trends and Drivers
Rising incidence of disabilities upsurges the business progression. The increasing disabled population across the globe drives the adoption of patient handling equipment. According to the WHO, in 2019, around 15% of the world’s population lives with a certain form of disability, and amongst them 2% to 4% experience difficulties in functioning. The number of disabled people is escalating due to rapid spread of chronic diseases. Disabled people need patient handling equipment to carry out their daily activities smoothly. The rising cases of disability will significantly propel patient handling equipment market growth over the analysis period.
Furthermore, due to the COVID-19 outbreak, there is a drastic rise in the demand for medical beds across the globe. The increasing corona cases across the globe are forcing governments of developed and emerging countries to increase their patient handling capacities. The public health systems are providing funds to procure the required hospital infrastructure with medical beds that are one of the important requirements. The upsurge in fundraising for associated with patient handling equipment are some other major factors that will positively impact on the market growth.
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Global Patient Handling Equipment Market Segmentation
By Product
- Wheelchairs and Scooters
- Manual wheelchair
- Powered wheelchair
- Mobility scooters
- Medical Beds
- Acute care beds
- Long term care beds
- Bariatric beds
- Others
- Mechanical Lifting & Transfer Equipment
- Ambulatory Aid Devices
- Bathroom Safety Supplies
- Others
By Application
- Acute & Critical Care
- Long Term Care
- Mobility Assistance
- Fall Prevention
- Others
By Route of Administration
- Hospitals
- Home Care Settings
- Elderly Care Facilities
- Others
Major Players in the Global Patient Handling Equipment Market
The key players in the market are Getinge , Stryker Corporation, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group and ORTHOS XXI, among others.
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