The size of the global patient handling devices market was worth USD 11.72 billion in 2019. The market is at a CAGR of 10.5% and will reach USD 19.31 billion by 2024.
Patient handling care equipment helps to improve patient care as there are highly used to lower the risk of injury while handling patients.
According to WHO, the world population is approximately having 20% of disability disorders.
Patient handling devices are mainly to shift the patient who cannot move. Advanced technologies are helping to manufacture different patient handling devices that are existing in the market to date.
Execution of rules that occurs for the safety of healthcare personnel during the manual lifting processes is a significant factor propelling the demand of the patient handling devices market. The growing commonness of physical and medical condition of the patients also surge up market growth. Growing geriatric population is also to level up the demand of the market. Besides, improvement in healthcare infrastructures across the world is enhancing the growth rate of global patient handling devices market.
Introduction of innovative products with the latest technology, especially in healthcare, is leveraging the growth rate of the global patient handling devices market. Growing prevalence of patient care is accelerating market growth.
Problems that occur over a long period in handling overweight patients is one of the factors that are restraining market growth. These devices are high in cost, which is limiting the growth rate of the market. Less availability of raw materials in manufacturing industries is also hindering the demand of the patient handling devices market.
Recent Market Developments
On June 21, 2019, Prism Medical acquired Scottish. This acquisition can surge up to its service offering in the UK. These companies are to focus on improving patient lifting and bathing equipment.
REPORT COVERAGE
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2018 – 2024 |
|
Base Year |
2018 |
|
Forecast Period |
2019 - 2024 |
|
Segments Covered |
By Bathroom safety, Type care, Accessories, End User and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This market research report on Global Patient Handling Devices Market has been segmented and sub-segmented based on bathroom safety, type care, accessories, end-user and region.
Patient Handling Devices Market - By Bathroom Safety:
Patient Handling Devices Market - By Type Care:
Based on type care, Wound care segment was one of the dominant segment in 2019, because of rising incidences of medical conditions such as critical, acute, and chronic wounds; venous leg ulcers; pressure ulcers; burns; postoperative injuries and diabetic ulcers.
Also, cutting-edge technologies available for wound care management, like stem cell therapy, bioengineered tissue, and negative-pressure wound treatment to boost the industry growth in the coming years.
Patient Handling Devices Market – By Accessories:
Based on Accessories, the Lifting accessories are to account for the largest share of the accessories market.
Patient Handling Devices Market - By End User:
Based on End User, the hospitals are likely to dominate the market, while home care will grow at the highest rate.
Regional Insights
North America is estimated to constitute the largest share in this market. At the same time, the Asia Pacific region to witness the fastest growth and overtake North America, being the second-largest shareholder for the market during the forecast period.
List of key market participants leading the Global Patient Handling Devices Market profiled in the report are:
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.1.1 Wheelchairs and Scooters
5.1.1.2 Medical Beds
5.1.1.3 Bathroom Safety Supplies
5.1.1.4 Mechanical Equipment
5.1.1.5 Non Mechanical Equipment
5.1.1.6 Ambulatory Aids
5.1.1.7 Other Patient Handling Equipment
5.1.2 Y-o-Y Growth Analysis, By Product
5.1.3 Market Attractiveness Analysis, By Product
5.1.4 Market Share Analysis, By Product
5.2 Type of Care
5.2.1 Introduction
5.2.1.1 Critical Care
5.2.1.2 Bariatric Care
5.2.1.3 Fall Prevention
5.2.1.4 Wound Care
5.2.1.5 Other (Acute Care & Long Term Care)
5.2.2 Y-o-Y Growth Analysis, By Type of Care
5.2.3 Market Attractiveness Analysis, By Type of Care
5.2.4 Market Share Analysis, By Type of Care
5.3 End User
5.3.1 Introduction
5.3.1.1 Home Care
5.3.1.2 Hospital
5.3.1.3 Elderly Homes
5.3.1.4 Other
5.3.2 Y-o-Y Growth Analysis, By End User
5.3.3 Market Attractiveness Analysis, By End User
5.3.4 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Type of Care
6.1.3.4 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Type of Care
6.1.4.4 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Type of Care
6.1.5.4 By End User
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Stiegelmeyer, Inc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 ETAC Ltd
8.3 Mangar International
8.4 Spectra Care Group
8.5 Sidhil Ltd
8.6 Benmor Medical Ltd
8.7 Handicare
8.8 Guldmann Inc
8.9 Getinge Group (Arjohuntleigh)
8.10 Linet Spol. S.R.O.
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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