Patient Handling Equipment Market Worth 17.18 Billion USD by 2021

Major players in this market include Stryker Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Invacare Corporation (U.S.), and Getinge Group (Sweden).


Seattle, WA -- (SBWIRE) -- 03/21/2017 -- The report "Patient Handling Equipment Market Product (Wheelchair, Scooters, Medical Beds, Bathroom Safety, Mechanical, Ambulatory), Type of Care (Bariatric Care, Critical Care, Wound), Accessories (Lifting, Transfer) & by End User (Home, Hospital) - Forecast to 2021", The patient handling equipment market is expected to reach USD 17.18 Billion by 2021 at a CAGR of 10.5% during the forecast period (2016–2021).

Browse 137 market data tables with 69 figures spread through 201 pages and in-depth TOC on "Patient Handling Equipment Market"
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This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the patient handling equipment market along with estimates and forecasts of market revenue.

Factors driving market growth include the increasing incidence of disabilities, growing geriatric population, high risk of injuries to caregivers during manual handling of patients, and the implementation of regulations against manual lifting of heavy loads. On the other hand, the lack of training provided to caregivers is the major market restraint.

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On the basis of type, the vaccines market is segmented into monovalent vaccines and multivalent vaccines. The monovalent vaccines segment is expected to account for the largest share of the global vaccines market in 2016 due to rising prevalence of diseases and increasing government and non-government initiatives for vaccine R&D activities.

Disease indication, included in the vaccines market are pneumococcal disease, influenza, diphtheria, tetanus, and pertussis (DTP), hepatitis, rotavirus, varicella, meningococcal disease, polio, measles, mumps, and rubella (MMR), human papilloma virus (HPV) infection, and others. The pneumococcal disease segment is expected to account for the largest share of the global vaccines market in 2016. High incidence of pneumococcal infections is driving the growth of this market.

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End-users, included in the vaccines market are pediatrics and adults. The pediatrics segment is expected to account for the largest share of the global vaccines market in 2016. Increasing prevalence of diseases in children and rising number of awareness programs to promote vaccination will drive the growth of this market.

Based on regions, the global vaccines market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Growth in this segment is driven by increasing government funding for vaccine research and immunization.

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