Patient Handling Equipment Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

The patient handling equipment market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Patient Handling Equipment market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Patient Handling Equipment industry. The report analyzes and declares the historical and current trends analysis of the patient-handling equipment industry and subsequently recommends the projected trends anticipated to be observed in the Patient Handling Equipment market during the upcoming years.

Key Insights from Primary Research

• According to the primary CXOs of the global patient handling equipment market, the market is estimated to witness a substantial growth of nearly 11% over the forecast period.
• The market was valued at USD 8.86 billion, in 2019 and is expected to be valued at over USD 13.5 billion in 2026.
• On the basis of the application segment, the Acute & critical care segment is expected to fuel the global patient-handling equipment market in 2019. In terms of revenue, it accounted for more than a 17% share of the total market in 2019.
• North American market is anticipated to be the fastest rising region for patient handling equipment over the forecast period owing to High chronic incidence in adults raising U.S. demand for patient handling equipment.

Key Recommendations from Analysts

• Growing applications of patient handling equipment, the patient handling equipment market is expected to see significant value and volume growth during the forecast period
• The strategic developments such as regional expansion, product innovations, and on-going research and developments by the major companies such as EZ Way, Inc., LINET, McAuley Medical, and Mangar Health are likely to boom the market’s growth over the up-coming years.
• Our analysts advise that the Asia Pacific region will most likely witness significant growth attributed to the rising demand for patient-handling equipment from China and India.

Market Share Analysis by Region

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Patient Handling Equipment industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the patient-handling equipment industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Patient Handling Equipment market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the patient-handling equipment industry. The patient handling equipment market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the patient handling equipment sector. Key strategic developments in the patient handling equipment markets competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the patient handling equipment market are appropriately highlighted in the report.

The patient-handling equipment market research report delivers an acute valuation and taxonomy of the Patient Handling Equipment industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the patient handling equipment industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the patient-handling equipment industry is provided for the leading economies of the world.

Patient handling equipment is used for patients needing physical support, as well as for those seeking medical treatment or sickness. Patient handling equipment is generally used in hospitals, home care facilities, elderly care facilities, and rehabilitation centers, among others. The patient handling equipment assures the safety of all physicians when treating patients. Increasing hospital admissions due to upsurge in COVID-19 cases worldwide is a major factor fueling the growth of the target market.

The patient handling equipment market is segmented into type, application, end-user, and region segment. The type segment is segmented into medical beds, wheelchairs and scooters, mechanical lifting & transfer equipment, ambulatory aid devices, bathroom safety supplies, and others. Based on the application segment the target market is divided as acute & critical care, long term care, mobility assistance, fall prevention, and others. Also, based on the end-user segment the target market is segregated into hospitals, home care settings, elderly care facilities, and others.

Some of the essential players operating in the patient handling equipment market, but not restricted to include

•  Arjo
•  Drive DeVilbiss Healthcare
•  Hill-Rom Holdings
•  Invacare Corporation
•  Handicare
•  GF Health Products
•  Etac
•  Joerns Healthcare
•  Medline Industries Inc.
•  Prism Medical UK
•  Malvestio
•  Ossenberg
•  EZ Way Inc.
•  LINET
•  McAuley Medical
•  Mangar Health
•  Savaria
•  Stryker Corporation
•  AirPal Inc.
•  Antano Group
•  Stiegelmeyer
•  PARAMOUNT BED CO. Ltd.
•  Lojer Oy
•  Guldmann

The taxonomy of the patient handling equipment industry by its scope and segmentation is as follows:

Global Patient Handling Equipments Market: Type Segment Analysis

• Wheelchairs and scooters
  • Manual wheelchair
    • Folding frame manual wheelchairs
    • Rigid frame manual wheelchairs
  • 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

Global Patient Handling Equipments Market: Application Segment Analysis

• Acute & critical care
• Long term care
• Mobility assistance
• Fall prevention
• Others

Global Patient Handling Equipments Market: End-user Segment Analysis

• Hospitals
• Home care settings
• Elderly care facilities
• Others

Global Patient Handling EquipmentMarket: Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa