Acumen research and consulting estimates that the global patient handling equipment market is anticipated to reach market size of around US$ 15,000 Mn by 2027 and is anticipated to grow at a CAGR of around 7% in terms of revenue during the forecast period 2020 – 2027.
Patient handling equipment is a support tool that helps patients to move between beds and chairs in hospitals, nursing homes and other care facilities. The electronic equipment used for the treatment of the patient based on medical conditions, specifically for the welfare of the health care provider, the medical and the recovery goals. Various tools are available, such as transmission sheets, which allow manual intervention in lateral transfers, repositioning and patient satisfaction to be reduced. Beds that transform patients in a sitting position automatically. Sit down and stand assists to support people with moving places. Non-mechanical assistance Mobile automatic elevators which can take patients from the floor to switch and reposition patients, take patients from ambulances.
Market Insights
In the market for patient handling equipment in Europe, the increase in diseases in ways of life and the growing elderly population is the main driver. Health departments expand the use of patient care tools in order to avoid injuries sometimes caused by physical diagnosis. Tasks in the treatment of patients include shifting, lifting and repositioning (turning of patients into bed, baths on the bed, patient dressing, etc.). Operating boards, armboard boards, wheelchairs, hospital frames, and scooters. poles and attachments. The transporting people from one place to another who need emergency attention, swings, wheelchairs and scooters are used. Patients should change location for relaxation and provide a supportive space for sleep in medical beds.
The growing demand and penetration of patient handling equipment in developing markets would provide the global patient handling equipment industry with tremendous growth opportunities. While the global demand for patient handling equipment is rising considerably in developing markets, the demand in various countries remains significantly unexplored. The big producers of patient handling equipment enter the unexploited demand in the regions with fast economic growth and rising policy measures in Asia. There is immense business demand for countries such as China and India. In these countries, the healthcare industry is undergoing tremendous expansion. Medical equipment suppliers will build their manufacturing facilities in these countries on the large customer base and enhanced health infrastructure. Moreover, in the developed countries, the manufacture of medical devices products continues to reduce total production costs and thus lower product prices without changing price. Governments are moving towards universal healthcare coverage in different countries. There are, therefore, ample prospects for growth on the global market of patient handling tools in these countries to improve their health care access.
The largest regional patient handling equipment market share in the world is in North America. Over the projected era, the rising obesity prevalence rate is expected to fuel market demand. In the US, for instance, the prevalence of obesity in 2018-19 was roughly 42.2% (about 39.8% in 2015-16) according to the Centers for the Control and Prevention of Diseases (CDC). Thanks to heavy research and development spending, Europe has held the second largest position in the market for patient handling devices. In 2018, for instance, nearly 40% of all medical technology patent applications from Europe were filed under MedTech Europe. Thanks to a increasing life expectancy, the increasingly rising global demand for medical supplies. In the area of South Asia, the World Bank records 69.1 and 69.4 years of life at birth in 2017 and 2018. In fact, rising healthcare investment fuels business demand. For reference, in 2018, according to the World Bank, Japan, China and India's health spending amounted to approx. 10.94%, 5.15% and 3.53%. These higher costs assisted by life expectancy rates will raise competition for health care facilities over the next few years. Thanks to the high levels of obesity, this area is projected to expand steadily. For starters, about 28.3% of adults and 81.3% of women in the South African region suffered from obesity according to the World Health Organisation in 2018. In the region, however, poor health infrastructure in the projected period is expected to hamper business development.
Key Players
Major players included in this report are Stryker Corporation, Hill-Rom Holdings Inc., Invacare Corporation, Guldmann Inc., Prism Medical, Getinge Group, Linet Spol. S.R.O., Stiegelmeyer & Co. GmBH, Joerns Healthcare, and others. The growing number of mergers and procurements, the rising number of alliances and agreements, and the accelerated introduction of goods are some of the new developments in the European industry for patient handling devices.
The global patient handling equipment market is segmented as below:
Market Segmentation
Patient Handling Equipment Market By Product
Wheelchair
Scooter
Beds
Bathroom Safety
Mechanical
Ambulatory
Patient Handling Equipment Market By Type of Care
Bariatric
Fall
Critical
Wound
Accessory
Lifting
Transfer
Patient Handling Equipment Market By End User
Homecare
Hospitals
Elderly Care Homes
Others
Patient Handling Equipment Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Patient Handling Equipment
1.1. Definition and Scope
1.1.1. Definition of Patient Handling Equipment
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Patient Handling Equipment Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Patient Handling Equipment Market By Product
1.2.3. Patient Handling Equipment Market By Type of Care
1.2.4. Patient Handling Equipment Market By End User
1.2.5. Patient Handling Equipment Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio And Market Maturity Analysis of Patient Handling Equipment Market
3.5.1. Go To Market Strategy
3.6. Technological Roadmap for Patient Handling Equipment Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date Global for Patient Handling Equipment Major Manufacturers in 2019
4.2. R&D Status and By Type of Care Source of Global Patient Handling Equipment Major Manufacturers in 2019
CHAPTER 5. Patient Handling Equipment Market By Product
5.1. Introduction
5.2. Patient Handling Equipment Revenue By Product
5.2.1. Patient Handling Equipment Revenue (US$ Mn) and Forecast, By Product, 2016-2027
5.2.2. Wheelchair
5.2.2.1. Wheelchair Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Scooter
5.2.3.1. Scooter Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Beds
5.2.4.1. Beds Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Bathroom Safety
5.2.5.1. Bathroom Safety Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6. Mechanical
5.2.6.1. Mechanical Wheelchair Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.7. Ambulatory
5.2.7.1. Ambulatory Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Patient Handling Equipment Market Revenue By Type of Care
6.1. Introduction
6.2. Patient Handling Equipment Revenue (US$ Mn) By Type of Care
6.2.1. Patient Handling Equipment Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
6.2.2. Bariatric
6.2.2.1. Bariatric Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Fall
6.2.3.1. Fall Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Critical
6.2.4.1. Critical Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Wound
6.2.5.1. Wound Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.6. Accessory
6.2.6.1. Accessory Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.7. Lifting
6.2.7.1. Lifting Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.8. Transfer
6.2.8.1. Transfer Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Patient Handling Equipment Market By End User
7.1. Introduction
7.2. Patient Handling Equipment Revenue (US$ Mn) By End User
7.2.1. Patient Handling Equipment Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
7.2.2. Homecare
7.2.2.1. Homecare Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Hospitals
7.2.3.1. Hospitals Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4. Elderly Care Homes
7.2.4.1. Elderly Care Homes Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.5. Others
7.2.5.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Patient Handling Equipment Market By Country
8.1. North America Patient Handling Equipment Overview
8.2. U.S.
8.2.1. U.S. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.2. U.S. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
8.2.3. U.S. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.3. Canada
8.3.1. Canada Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.2. Canada Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
8.3.3. Canada Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Patient Handling Equipment Market By Country
9.1. Europe Bioanlytical Testing Services Market Overview
9.2. U.K.
9.2.1. U.K. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.2.2. U.K. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
9.2.3. U.K. Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
9.3. Germany
9.3.1. Germany Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.3.2. Germany Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
9.3.3. Germany Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
9.4. France
9.4.1. France Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.4.2. France Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
9.4.3. France Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
9.5. Spain
9.5.1. Spain Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.5.2. Spain Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
9.5.3. Spain Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.6.2. Rest of Europe Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016-2027
9.6.3. Rest of Europe Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Patient Handling Equipment Market By Country
10.1. Asia Pacific Patient Handling Equipment Market Overview
10.2. China
10.2.1. China Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.2. China Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.2.3. China Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.3. Japan
10.3.1. Japan Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.2. Japan Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.3.3. Japan Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.4. India
10.4.1. India Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.2. India Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.4.3. India Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.5. Australia
10.5.1. Australia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.5.2. Australia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.5.3. Australia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.6.2. South Korea Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.6.3. South Korea Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.7.2. Rest of Asia-Pacific Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
10.7.3. Rest of Asia-Pacific Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Patient Handling Equipment Market By Country
11.1. Latin America Patient Handling Equipment Market Overview
11.2. Brazil
11.2.1. Brazil Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.2. Brazil Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
11.2.3. Brazil Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.2. Mexico Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
11.3.3. Mexico Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.4.2. Rest of Latin America Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 – 2027
11.4.3. Rest of Latin America Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
CHAPTER 12. Middle East & Africa Patient Handling Equipment Market By Country
12.1. Middle East & Africa Patient Handling Equipment Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.2.2. Saudi Arabia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
12.2.3. Saudi Arabia Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
12.3. UAE
12.3.1. UAE Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.3.2. UAE Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
12.3.3. UAE Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.4.2. Rest of Middle East & Africa Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By Type of Care, 2016 - 2027
12.4.3. Rest of Middle East & Africa Patient Handling Equipment Market Revenue (US$ Mn) and Forecast By End User, 2016 - 2027
CHAPTER 13. PLAYER ANALYSIS OF STROKE MANAGEMENT
13.1. Patient Handling Equipment Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Type of Care Launches and Type of Care Enhancements
13.2.3. Mergers And Acquisition In Global Patient Handling Equipment Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. Stryker Corporation
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. Stryker Corporation 2019 Patient Handling Equipment Business Regional Distribution
14.1.4. Type of Care/ Service and Specification
14.1.5. Recent Developments & Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Hill-Rom Holdings Inc.
14.3. Invacare Corporation
14.4. Guldmann Inc.
14.5. Prism Medical
14.6. Getinge Group
14.7. Linet Spol. S.R.O.
14.8. Stiegelmeyer & Co. GmBH
14.9. Joerns Healthcare
14.10. Others
