Infinium Global Research

Patient Handling Equipment Market Expected to Grow at a CAGR of 11.7% over the Forecast Period of 2019-2025

A recent report published by Infinium Global Research on patient handling equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional patient handling equipment market


Pune, India -- (SBWIRE) -- 12/04/2019 -- Infinium Global Research has added a new report on "Patient Handling Equipment Market (Product Type - Wheelchairs and Scooters Beds, Medical Beds, Bathroom Safety Supplies, Mechanical Equipment, Non-mechanical Equipment, Ambulatory Aids, and Other Types; Type of Care - Bariatric Care, Critical Care, Wound Care, Fall Prevention, and Other Type of Care; End User - Hospitals, Home Care Settings, Elderly Care Facilities, and Other End Users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global patient handling equipment market is projected to grow at a CAGR of 11.7% over the forecast period of 2019-2025.

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Prevalence in Geriatric Population Drive the Market of Patient Handling Equipment

Increasing the occurrence of chronic diseases is the major factor for the growth of the patient handling equipment market. Also, rise in geriatric population also fuels the growth of the market. Furthermore, technological improvements, a growing number of healthcare establishments, and demand for improved healthcare services are other major drivers for the patient handling equipment market.

However, the lack of skilled professionals and challenges to bariatric care patients are the major factors that may hamper the growth of the market.  Moreover, improving healthcare infrastructure across emerging economies creates an opportunity for the growth of the patient handling market in the next few years.

Wound Care Segment Hold Dominance in the Patient Handling Equipment Industry

The global patient handling equipment market is segmented on the basis of product, type of care, accessories, and end-user. In terms of product, the global patient handling equipment market is bifurcated into wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids, and others. By type of care, the global market is divided into bariatric care, critical care, wound care, fall prevention, and others. Among all, the wound care segment is anticipated to dominate the patient handling equipment market.

The rise in government support for wound management practices is a major factor driving the growth of the market for this segment. Based on accessories, the market is fragmented into transfer accessories, lifting accessories, medical bed accessories, evacuation accessories, and others. On the basis of end-user, the global patient handling equipment market is bifurcated into hospitals, home care settings, elderly care facilities, and other end users.

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Due to Huge Pool of Healthcare Facilities in the Region North America is Anticipated to Propel

Geographically, the global patient handling equipment market is classified into North America, Europe, Asia Pacific and the Rest of the World. Among all, Europe holds the largest market share due to the presence of a large number of healthcare facilities, trained professionals, and demand for better services coupled with supportive regulations for patient safety.

North America is expected to grow at a beneficial rate due to the increasing aged population and growing demand for home care equipment. Moreover, Asia Pacific is projected to grow at a rapid speed due to the fast-growing patient handling industry and government efforts to retain the high quality of products manufactured in the region.

Patient Handling Equipment Market: Competitive Landscape

The leading players in the patient handling equipment market are Stryker Corporation, Guldmann Inc., Invacare Corporation, Hill-Rom Holdings Inc., Prism Medical, Getinge Group, Linet Spol. S.R.O., Stiegelmeyer GmbH & Co. KG, and Joerns Healthcare. Key players in the global patient handling equipment market are focused on various strategies, such as new product launches, mergers & acquisitions, expansions, partnerships, joint ventures, and others to strengthen their position in the market.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the patient handling equipment.

=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.  

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.