iCrowd Newswire
14 Jan 2022, 05:32 GMT+10
According to the new market research report "Patient Handling Equipment Market by Type (Patient Transfer Devices (Lifts, Slings, Sliding Sheets), Electrical Medical Beds, Mobility Devices (Powered Wheelchairs, Mobility Scooters) Stretcher, End User (Hospitals, Home Care) - Global Forecast to 2026″, published by MarketsandMarkets™, the global market is projected to reach USD 13.9 billion by 2026 from USD 12.4 billion in 2021, at a CAGR of 2.3% during the forecast period.
Browse in-depth TOC on "Patient Handling Equipment Market"268 – Tables44 – Figures295 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=186358368
The growth of this market is primarily driven by the rising geriatric and obese populations, high risk of injuries to caregivers during the manual handling of patients, growing patient admissions in hospitals, and the implementation of regulations ensuring the safety of healthcare personnel during the manual lifting process. However, a lack of training provided to caregivers for the efficient operation of patient handling equipment is a major factor restraining market growth.
By type, Patient transfer devices was the largest and fastest-growing segment in the type of patient handling equipment market in 2020
Based on type, the market is segmented into mobility devices, medical beds, bathroom & toilet assist equipment, patient transfer devices, and stretchers & transport chairs. In 2020, the patient transfer devices segment accounted for the largest share of the patient handling equipments market. The large share of this segment can primarily be attributed to the increasing installation of ceiling lifts in hospitals and the growing adoption of patient lifts for bariatric patient handling.
Hospital segment is the largest end user segment in the patient handling equipment market in 2020
Based on end users, the market is segmented into hospitals, home care settings, and other end users. In 2020, the hospitals segment accounted for the largest share of the patient handling equipments market. This can be attributed to the growing patient population, rising geriatric population, growing number of disabled people, and the rising number of injuries caused during the patient handling process.
Europe to witness the highest growth rate during the forecast period
Europe accounted for the largest share of the global patient handling equipment market. The large share of this regional segment is attributed to the growing number of government and non-government initiatives regarding the adoption of safe patient handling equipment and the presence of a large number of patient handling equipment manufacturers in Europe. The Asia Pacific market is projected to register the highest CAGR during the forecast period. Market growth in the Asia Pacific is attributed to the growing number of healthcare facilities in Asian countries.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=186358368
The key players operating in the patient handling equipment market include Hill-Rom Holdings (US), Arjo (Sweden), Invacare Corporation (US), and Stryker (US).
Tags: Patient Handling Equipment Market, Market Research, Medical Devices
See Campaign: https://www.marketsandmarkets.com/Market-Reports/patient-handling-equipment-market-186358368.htmlContact Information:Mr. Aashish Mehra
MarketsandMarkets
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441Tags:Menafn, Reportedtimes, PR-Wirein, Extended Distribution, Research Newswire, English
Get a daily dose of Las Vegas Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Las Vegas Herald.
More InformationISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...
KABUL, Afghanistan: Afghanistan, long associated with war and instability, is quietly trying to rebrand itself as a destination for...
SANTA CLARA, California: Executives at Nvidia have quietly been cashing in on the AI frenzy. According to a report by the Financial...
NEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...