Global Patient Handling Equipment market report delivers a detailed study with present and upcoming Opportunities to clarify the future investment in the market it provides a thorough synopsis on the study of market and how it is changing the Medical Devices industry. This market analysis gives an examination of various segments that are relied upon to witness the quickest business development amid the estimate forecast frame for each product in terms of revenue, gross margin and the financial health of the organization.
The Global Patient Handling Equipment Market is expected to reach USD 25.61 billion by 2025, from USD 11.52 billion in 2017 growing at a CAGR of 10.5 % during the forecast period of 2018 to 2025.
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Prominent players of Global Patient Handling Equipment Market are
• Stryker,
• V. Guldmann A/S,
• DJO,
• Hill-Rom,
• Invacare Corporation,
• Etac Group,
• Etac R82 UK,
• Joerns Healthcare,
• Permobil,
• Prism Medical Products, LLC,
• Patterson Medical,
• Linet spol. s r.o.,
• Prism Medical UK,
• Joerns Healthcare,
• Arjo,
• Hill-Rom,
• Mangar International,
• Sidhil Ltd,
• Stiegelmeyer & Co. GMBH,
• Invacare Europe,
Invacare Australia & New Zealand, INVACARE (UK) LIMITED, Permobil Danmark A/S, Permobil New Zealand Ltd, LINET Group SE, LINET Americas, Handicare North America, Handicare Stairlifts UK and others.
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Key Research objectives
• To perceive the most influencing pivoting and hindering forces in the patient handling equipment Market and its footprint in the international market.
• Learn about the market policies that are being endorsed by ruling respective organizations.
• To gain a perceptive survey of the market and have an extensive interpretation of the patient handling equipment Market and its materialistic landscape.
• To understand the structure of patient handling equipment market by identifying its various subsegments.
• Focuses on the key global patient handling equipment players, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of patient handling equipment submarkets, with respect to key regions (along with their respective key countries).
• To strategically profile the key players and comprehensively analyze their growth strategies
• To analyze the patient handling equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
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Market Segmentation
On the basis of accessories market is segmented into
• lifting accessories and
• Transfer accessories etc.
On the basis of end user market is segmented into
• home and
• hospital
Based on geography
• North America &
• South America,
• Europe,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia and, Brazil among others. In 2017, North America is expected to dominate the market.
Based on product type market is segmented into
• wheelchair,
• scooters,
• medical beds,
• bathroom safety,
• mechanical,
• ambulatory aids
On the basis of type of care market is segmented into
• bariatric care,
• critical care and
• wound care
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Competitive Analysis
The global patient handling equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes global patient handling equipment market for global, Europe, North America, Asia Pacific and South America
Market Drivers and Restraints
• Rising geriatric population
• Rising incidence of disabilities resulting from non-communicable diseases
• High risk of injuries to care givers during manual handling of patients
• Implementation of regulations ensuring safety of healthcare personnel against manual lifting of heavy loads
• Lack of training provided to care givers for efficient operation of patient handling equipment
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