Global Patient Handling Equipment Market Analysis

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Global Patient Handling Equipment Market Analysis

  • Healthcare
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • Patient handling equipment, encompassing devices such as lifts, slings, stretchers, and specialized beds, are increasingly crucial components of modern healthcare, ensuring the safe and efficient transfer, repositioning, and mobility of patients with limited movement. This equipment is vital in various settings, including hospitals, long-term care facilities, and home care
  • The escalating demand for patient handling equipment is primarily fueled by the globally increasing geriatric and obese populations, who often require assistance with daily tasks and mobility. Furthermore, growing concerns about the high risk of injuries to caregivers during manual patient handling and the implementation of regulations and guidelines promoting patient and caregiver safety are significant drivers
  • North America dominates the patient handling equipment market with the largest revenue share of 37.5% in 2024, characterized by its advanced healthcare infrastructure, high healthcare expenditure, and a substantial aging population. The U.S. is a major contributor to this dominance, driven by technological advancements and strong emphasis on patient and staff safety
  • Asia-Pacific is expected to be the fastest growing region in the patient handling equipment market during the forecast period with a CAGR of 12.6%, due to increasing healthcare expenditure, expanding geriatric populations, rising awareness about patient handling equipment, and the rapid development of healthcare infrastructure in countries
  • Acute and critical care segment dominates the patient handling equipment market with a market share of 28.5% in 2024, driven by the increasing preference for in-home care, particularly among the elderly and those with chronic conditions, and the cost-effectiveness of home healthcare compared to institutional care

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