The global patient handling equipment market is expected to grow from $12.4 billion in 2019 to $15.11 billion in 2020 at a rate of 22.15%. The growth is mainly due to the COVID-19 pandemic that has affected millions across the globe with a significant increase in the number of patients across hospitals and other care facilities, increasing the demand for the patient handling equipment in 2020. The market is expected to stabilize and reach $19.49 billion in 2023 at a rate of 8.85%.
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The patient handling equipment market consists of sales of patient handling equipment and related services by entities that manufacture patient handling equipment. They are used for specific lifting, transfer and movement of patients. Patient handling equipment is assistive devices that help home care and hospital settings for transferring patients between chairs, beds, and other places.
Global Patient Handling Equipment Market Segmentation –
The patient handling equipment global market report is segmented:
1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others.
2) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others
3) By End-User: Homecare, Hospitals, Others.
Global Patient Handling Equipment Market Driver –
Increasing geriatric population profiles of most countries contribute to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment.
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Few Points From The Global Patient Handling Equipment Market TOC
1. Executive Summary
2. Patient Handling Equipment Market Characteristics
3. Patient Handling Equipment Market Size And Growth
3.1. Global Patient Handling Equipment Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Patient Handling Equipment Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Patient Handling Equipment Market Segmentation
5. Patient Handling Equipment Market Regional And Country Analysis
5.1. Global Patient Handling Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Patient Handling Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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