“According to the research report, the global patient handling equipment market was valued at USD 10.50 billion in 2022 and is expected to reach USD 17.64 billion by 2032, to grow at a CAGR of 5.57% during the forecast period.”
New research by Polaris Market Research with the title Patient Handling Equipment Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032 has just been released. It is a detailed analysis of the Patient Handling Equipment Market and provides a critical analysis of the current situation of the industry globally, as well as the demand for the product, the investment climate, and the level of competition. The research highlights market shifts, likelihood characteristics, product specifics, and Patient Handling Equipment Market trends. The report focuses on a study of different market-affecting factors and an in-depth analysis of the industry, covering crucial elements like product kinds, different applications, top regions, growth analysis, market potential, investor difficulties, opportunity evaluations, key drivers, and key players.
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Market Abstract Explained:
The report thoroughly assesses the Patient Handling Equipment Market size and provides predictions based on product, geographical area, and market conditions. It includes an analysis of prices, and value chain, as well as a detailed overview of traders and company profiles. The report also examines the dynamics of the market, including opportunities, challenges, drivers, restraints, and difficulties. The study incorporates significant Patient Handling Equipment Market segmentation based on product, application, and geographic (country/region) factors. These segments are investigated with regard to a variety of variables, including consumption, share, value, growth rate, and production.
A Short Outline of The Pointers Encompassed In Report:
- Market valuation
- The overall forecast growth rate
- Industry trends – ongoing and upcoming
- Competitive reach
- Product scope
- Application spectrum
- Supplier analysis
- Marketing channel trends
- Sales channel analysis
- Market competition trend
- Market concentration rate
Competitive Rivalry:
Further, the research includes information by Patient Handling Equipment Market key players, such as business description, total revenue (financials), market potential, global presence, sales and revenue produced, Patient Handling Equipment Market share, price, production facilities and sites, SWOT analysis, and product launch. Companies are gradually broadening the scope of their strategic initiatives to draw clients. Growth strategies of these players witnessed in the market were acquisitions, mergers, partnerships, agreements, collaborations, and product launches.
Through fundamental research approaches like PESTEL and SWOT analysis, the research report analyses numerous aspects and provides an evaluation of the industry. The report offers a comprehensive view of the world, providing thoughtful statistical analysis and a perspective on key growth enablers driving positive growth across regions.
Top Key Players:
- The Getinge Group
- Guldmann Inc.
- Stiegelmeyer Inc.
- Benmor Medical Ltd.
- Sidhil Ltd.
- ArjoHuntleigh Inc.
- Etac Ltd.
- Joerns Healthcare Inc.
- Handicare Inc.
- Mangar International Ltd.
- Linet Americas Inc.
- Prism Medical Ltd
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The Geographical Landscape of The Market Include
The study provides a regional analysis of the market, which is broken down into key regions. It contains information on many parameters connected to the regional contribution. Analysts have examined each region’s data on Patient Handling Equipment Market sales, output, and manufacturers. This section examines revenue and volume breakdowns by region for the forecast period. The buyer will gain insight into the possible value of investment in a specific area thanks to these evaluations.
Key Regions Covered in This Report Are:
- North America (United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and the rest of South America)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
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Patient Handling Equipment Market Report Highlights
- Medical beds had a significant market share in 2022. The reason for this growth is the greater use of handling equipment in hospitals, home care settings, nursing homes, trauma centers, and long-term acute care facilities. Furthermore, contemporary medical beds with amenities like bed frames, adjustable angles, and support surfaces for ease and mobility.
- As of 2022, hospitals dominated the end-use industry as a result of the rising adoption rate of patient handling equipment for the medical safety of patients and carers. The increased enforcement of safety regulations and pressure from governmental authorities to follow these regulations are other factors driving market development.
- In terms of revenue, the patient handling equipment industry was dominated by Europe in 2022. This is because there are many healthcare facilities, knowledgeable staff, a demand for improved services, and regulations that are supportive of patient safety.
- The global players include The Getinge Group, Guldmann, Inc., Stiegelmeyer, Inc., Benmor Medical Ltd., Sidhil, Ltd., ArjoHuntleigh, Inc., Etac Ltd., Joerns Healthcare, Inc., Handicare, Inc., Mangar International Ltd., Linet Americas, Inc.
Polaris Market Research has segmented the Patient Handling Equipment Market report based on product type, end-use, and region:
Patient Handling Equipment, Product Outlook (Revenue – USD Billion, 2019 – 2032)
- Wheelchair and scooters.
- Medical Beds
- Mechanical
- Non- Mechanical
- Ambulatory Aids
Patient Handling Equipment, End-use Outlook (Revenue – USD Billion, 2019 – 2032)
- Home Care
- Hospital
- Elderly Care facilities
Patient Handling Equipment, Type Outlook (Revenue – USD Billion, 2019 – 2032)
- Bariatric Care
- Fall Prevention
- Critical Care
- Wound Care
The Report Consists of The Following Points:
- The report offers a broad outlook of the market, which aids in gaining important insights about the industry.
- Types, applications, and geographic regions have all been used to segment the market. The major market segments have been further divided into sub-segments to provide for a more thorough examination and comprehension of the Patient Handling Equipment Market.
- The variables influencing the market’s expansion have been addressed. Key segments and their prospects are thoroughly understood thanks to this.
- The research examines the most recent changes as well as the top rivals in the market.
- The market concentration rate, current price trends, current growth prospects, and a graph of raw material expenditure are all covered in this study.
Furthermore, the research includes a thorough analysis of the application spectrum, which goes into detail on things like the industry share of each application segment and its predicted growth. When making predictions, production capacity, regional demand and supply considerations, current investments, and Patient Handling Equipment Market dynamics, including the technical growth scenario, consumer behavior, and end-user trends, are all taken into account.
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