Patient Handling Equipment Market Overview
Maximize Market Research, a leading business consultancy has published a research report on the Patient Handling Equipment Market. The report showcases the global growth of the Patient Handling Equipment market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.
Patient Handling Equipment Market is expected to reach US$ 14.94 Bn. by 2029 from US$ 12.70 Bn in 2022, at a CAGR of 2.35% during the forecast period.
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Patient Handling Equipment Market Scope
The Patient Handling Equipment market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Patient Handling Equipment market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Patient Handling Equipment market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.
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Segmentation
by Product
Wheelchairs and Scooters
Medical Beds
Bathroom safety supplies
Ambulatory aids
Mechanical and transfer equipment
Others
Based on Product, Medical Beds held the largest market share in 2022, thanks to reasons such the development of technology, notably in ICU beds, and an increase in the number of patients requiring critical care.
Due to multiple instances when mechanical lifts for the patient have led to a decrease in musculoskeletal injuries in the carers, which should be the main driver driving the growth of the market, mechanical and transfer equipment is predicted to grow at the higher pace in the forecast period.
by End-Use
Hospitals
Home care setting
Elderly care facilities
Others
By the user, Hospitals held the largest market share in 2022 as a result of an increase in the number of patients who needed critical care there. There has been a paradigm shift, and patients now favour home care environments over hospitals. Home care settings will experience the fastest growth during the projected period, which can be ascribed to improved patient comfort and lower costs.
Key Players
1. Arjo
2. Hill-Rom Holdings Inc.
3. Invacare Corporation
4. Stryker
5. Drive divibliss healthcare Inc.
6. ETAC AB
7. GF Health Products, Inc.
8. Guldmann,Inc.
9. Handicare group AB
10.Joerns Healthcare LLC
11.Medline Industries
12.Prism Medical UK
13.Stiegelmeyer GmbH & Co. KG
14.Savaria
15.Malvestio Spa
16.EZ Way, Inc.
17.Ossenberg GmbH
18.Antano Group
19.Airpal Inc.
20.Getinge AB
21.Gendron,Inc.
22.Paramount Bed Co. Ltd.
23.Sunrise Medica
24.Pelstar
25.Hill-Interson Corporation
26.Scintica Instrumentation, Inc
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Regional Analysis
The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.
Key Questions Answered in the Patient Handling Equipment Market Report:
- What is the definition of the Patient Handling Equipment Market?
- What is the forecast period for the Patient Handling Equipment Market?
- What is the competitive landscape of the Patient Handling Equipment market?
- Which region holds the largest market share in the Patient Handling Equipment Market?
- What are the opportunities for the Patient Handling Equipment Market?
- What factors are influencing the growth of the Patient Handling Equipment market?
- Who are the key players in the Patient Handling Equipment market?
- Which company holds the largest share in the Patient Handling Equipment market?
- What will be the compound annual growth rate (CAGR) of the Patient Handling Equipment market during the forecast period?
- What key trends are expected to emerge in the Patient Handling Equipment market in the coming years?
Key Offerings:
- Market Share, Size, and Revenue Forecast | 2022-2029
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Market Segmentation: Detailed analysis by Patient Handling Equipment
- Landscape: Leading key players and other prominent participants
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. We cover a wide range of industries, including medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. Our services include market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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