Patient Handling Equipment Market is anticipated to reach USD 23.4 billion by 2024. Patient handling devices are assistive devices that help the patients in nursing homes, hospitals and other medical centers in painless transfer between chair and beds and to other places.
The factors that propel the
growth of the patient handling equipment market include increasing occurrence
of disabilities resultant in non-communicable diseases, implementation of rules
against the manual lifting of heavy loads, high risk of injuries, and
increasing aged population. On the other hand, there are factors that may
hamper the growth of the market including the lack of training provided to
caregivers. Patient handling equipment industry is anticipated to grow at a
significant CAGR in the upcoming period as the scope, product types, and its
applications are increasing across the globe.
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The key driving factors responsible for the growth of Patient
Handling Equipment market :
Patient handling equipment market
could be explored by product type, type of care, accessories, end user and
geography. The market could be explored by product type as Scooters,
Wheelchair, Medical Beds, Mechanical, Bathroom Safety, and Ambulatory. The
“Medical Beds” segment led the market of patient handling equipment in 2016 and
is anticipated to maintain its dominance by 2024. The key factors that could be
attributed to the growth of market includes rising saturation of handling
equipment in-home care, trauma centers, hospitals, nursing homes, and long-term
acute care centers.
Based on type of care, the
patient handling equipment industry could span Critical Care, Bariatric Care,
and Wound. The “Wound” segment led the industry of patient handling equipment
in 2015 and is anticipated to maintain its dominance by 2024. The key factors
that may be attributed to the growth of market includes rising occurrences of
medical conditions such as acute, critical, and chronic wounds; burns; pressure
ulcers; venous leg ulcers; diabetic ulcers; and postoperative injuries.
The patient handling equipment
market could be explored based on accessories as Transfer, and Lifting. Based
on end user, the market could span Hospital and Home. The “Hospital” segment
led the market of patient handling equipment in 2015 and is anticipated to
maintain its dominance by 2024. The key factors that may be attributed to the growth
of market includes increasing acceptance rate of patient handling equipment for
medical safety of caregivers and patients.
Europe accounted for the major
share of the patient handling equipment industry in 2016 and will continue to
lead in the forecast period. The factors that could be attributed to the growth
include robust healthcare infrastructure, and government regulations mandating
the use of patient handling. Europe is followed by the North American and
Asia-Pacific region.
In addition, North America is
anticipated to develop at the highest rate owing to government regulations
mandating for the use of patient handling equipment and increasing incidences
of non-communicable diseases leading to disability. The growth of the
Asia-Pacific region is due to the rapidly growing patient handling industry.
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