At 11.2% CAGR, Patient Handling Equipment Market to Reach 23 billion USD by 2024
Jan 15, 2019
Global Patient Handling Equipment market report added by MarketstudyReport.com is one of the most comprehensive research studies on Patient Handling Equipment offering 102 data tables, 10 figures, covering 10 companies and regional outlook for 23 countries on segments covered in this report.
Selbyville, Delaware - January 15, 2019 /MarketersMedia/ —
U.S. patient handling equipment market will grow at a healthy rate over the forecast period. The cost of back injuries in healthcare industry have been increasing gradually. To combat this cost the U.S. government is promoting the use of patient handling to decrease the cost associated with lost productive days and turnover rate of nurses.
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Patient Handling Equipment Market size is set to exceed USD 23 billion by 2024; according to a new research report. The report extensively bifurcates the various contenders of Global Patient Handling Equipment market. Prominent contributors such as Stryker Corporation, Hill-Rom Holdings, Inc, Invacare Corporation, Prism Medical Ltd, Getinge Group, Guldmann Inc, Linet Spol. S.R.O, Stiegelmeyer & Co. GmbH, Handicare, Joerns Healthcare have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
Meticulously analyzed in terms of pivotal industry segments, Global Patient Handling Equipment market report effectively covers the scope of this space in terms By Product, By End-user, By Application and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
Japan patient handling equipment market will witness significant growth. Growing programs to decrease the falls and injuries in elderly population as well as increasing demand of medical beds in the country should enhance the market growth.
Increasing number of non-communicable diseases such as stroke, osteoarthritis leading to disabilities is the growth rendering driver for mobility assistance application segment. The growing need of wheelchairs, scooters and walking assisted equipment to cater the needs of disabled people will further enhance the market growth.
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Increasing incidences of disabled population who need patient handling equipment and rising geriatric population will drive the market over the forecast period. The growing injuries to caregivers due to manual lifting of patients and favorable government legislations supporting use of patient handling equipment will fuel the market growth. Increased implementation of safe patient handling programs that are targeted to reduce the musculoskeletal injuries to the nurses and caregivers are expected to aid in growth of the market.
Insufficient amount of training provided to the nursing staff to operate the patient handling equipment will be major factor hindering the adoption rate of these equipment. Similarly, the difficulties faced by the caregivers while manually lifting the obese patients will also further act as restraint for the growth of the market.
Home care settings will witness fastest growth owing to gradual shift in patient preference of home care settings over hospitals. This is mainly due to lowered healthcare expenditure and decreasing investment in hospital infrastructure.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Patient Handling Equipment Industry Insights
Chapter 4. Patient Handling Equipment Market, By Product
Chapter 5. Patient Handling Equipment Market, By Application
Chapter 6. Patient Handling Equipment Market, By End-use
Chapter 7. Patient Handling Equipment Market, By Region
Chapter 8. Company Profiles
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Related Report:
Global and Chinese Safe Patient Handling Equipment Industry, 2018 Market Research Report
Global and Chinese Safe Patient Handling Equipment Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Safe Patient Handling Equipment industry with a focus on the Chinese market. The report provides key statistics on the market status of the Safe Patient Handling Equipment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Safe Patient Handling Equipment industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Safe Patient Handling Equipment industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Safe Patient Handling Equipment Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Chinese Safe Patient Handling Equipment industry covering all important parameters.
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Organization: Market Study Report
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Source: MarketersMedia
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