The Size of the Patient Handling Devices Market in the Asia Pacific is valued at USD 2.66 billion in 2022 and projected to grow at a CAGR of 9 %, to reach USD 4.09 billion by 2027 during the forecast period 2022 to 2027.
The growing geriatric population, high injuries, obesity, bone disorders, and genetic disabilities contribute to the market's growth. According to the United Nations, the global population Aging 2020 Database, there will be a significant increase in the global geriatric population, from 728 million in 2020 to 1.58 billion in 2050.
According to a 2019 report from the WHO, musculoskeletal disorders were the leading contributor to disability worldwide, and low back pain is the leading cause of disability worldwide. The increase in inpatient admissions to hospitals and the implementation of regulations regarding manual patient handling will ensure the safety of health personnel during treatment. According to the WHO, since 1975, the global incidence of obesity has almost tripled. In 2020, around 39.8 million children under five were overweight or obese.
In addition, there is an increasing prevalence of disabilities among people due to various reasons; this increases the need for patient lifting equipment such as wheelchairs and mobile elevators. According to a recent publication in India, over 2.65 million have some form of disability, nearly 2.21% of the total population. In the late 90s, the government estimated that 5,753,500 people with disabilities in Japan, representing about 4.88% of the total population; these numbers are expected to increase. Therefore, key market players are projected to increase patient handling equipment for necessary surgical procedures and advancements in kits such as improved bed frames, support surfaces, electric backrest, and battery to be used even under unfavorable conditions such as pandemics, etc.
Factors such as lesser adoption of patient handling devices, expensive products, lack of adequate reimbursement policies, and strict regulatory framework are limiting the growth of the APAC patient handling devices market. Additionally, the lack of a skilled workforce is expected to challenge the market during the estimated period due to inefficient patient handling equipment.
This research report on the Asia Pacific Patient Handling Devices Market has been segmented and sub-segmented into the following categories
By Bathroom Safety:
By Type Care:
By End User:
Geographically, the China patient handling devices market is anticipated to grow at a promising CAGR of 8.2%, generating revenue of $ 1.9 billion by 2027. This market will remain dominant in the years to come as well. Factors such as a large geriatric population, increasing health care infrastructure, growing cases of chronic disease and lifestyle disorders such as obesity, etc., will drive the regional market. In China, over 1 in 7 individuals are facing obesity issue and their complications, while 1 in 3 is reported to have abdominal obesity.
The Japan patient handling devices market will register the highest CAGR during the forecast period due to the increasing number of medical facilities, better reimbursement policies, high number f geriatric population, and skilled professionals.
India patient handling devices market held the second-largest position in the APAC patient handling devices market during 2020. Much of this regional market growth can be attributed to the growing number of people coming to India for cheaper treatments, government initiatives related to the adoption of safe patient handling equipment, completion in the local manufacturing market, and the presence of advanced devices.
KEY MARKET PLAYERS
Top Companies leading the Asia Pacific Patient Handling Devices Market Profiled in the Report are Benmor Medical, Inc. Etac Limited, Joerns Healthcare ,Stryker Corporation, Handicare, Inc., Prism Medical, Linet, Inc., Mangar International, Inc., Invacare Corporation, Guldmann, Inc.,
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