Global Patient Handling Equipment Market Segmentation, By Mode (Mechanical Equipment, Non Mechanical Equipment), Product Type (Medical Beds, Patient Repositioning Equipment, Mobility Aid, Bathroom Safety, Ambulatory Aids), Type of Care (Long Term Care, Bariatric Care, Acute and Critical Care, Wound Care, Fall Prevention, Others), Accessories (Hospital Bed Accessories, Medical Bed Accessories, Lifting Accessories, Transfer Accessories, Stretcher Accessories, Others), Application (Acute and critical care, Long-term care, Mobility assistance, Fall prevention, Others), End User (Hospital, Home Care Settings, Elderly Care Facilities, Others) – Industry Trends and Forecast to 2031.
Patient Handling Equipment Market Analysis
The market for patient handling equipment is estimated to increase rapidly over the forecast period. Patient handling equipment is used by patients who require physical assistance and those who are on medication or who are ill. Patient handling equipment is used in various contexts, including home care, hospitals, rehabilitation centers, and elderly care facilities. The patient handling equipment ensures the safety of physicians and caregivers while working with patients. It also reduces the danger of patient injury, which encourages the adoption of patient handling equipment.
Patient Handling Equipment Market Size
Global patient handling equipment market size was valued at USD 15.60 billion in 2023 and is projected to reach USD 39.03 billion by 2031, with a CAGR of 12.15% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Patient Handling Equipment Key Market Insights
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Segmentation
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Players
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OpeMed (United Care) Ltd. (UK), VENDLET (Denmark), V. Guldmann A/S (Denmark), DJO LLC (US), Hill-Rom Services Inc (US), Getinge AB (Sweden), Invacare Corporation (US), Etac AB (Sweden), Permobil (Sweden),Joerns Healthcare LLC (US), Handicare Group AB (Sweden), Stiegelmeyer GmbH & Co. KG (Germany), Stryker (US), Sunrise Medical (UK), LINET (Czechia), Arjo (Sweden), Mangar Health (UK), benmormedical (UK), PARAMOUNT BED CO., LTD. (Japan), DeVilbiss Healthcare LLC (NY), Medline Industries, Inc. (US)
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Market Opportunities
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Patient Handling Equipment Market Definition
Patient handling equipment allows patients who have lost control of their body to move around. It allows patients to sit, stand, walk, and ensure bed mobility, lateral transfers, and hoisting. It also helps lower the risk of deep vein thrombosis, skin rips, chest infections, urinary tract infections, pressure ulcers, and falls. As a result, it is used in intensive care units (ICUs), nursing homes, rehabilitation centers, and other medical facilities all over the world.
Patient Handling Equipment Market Dynamics
Drivers
- Increasing incidences of disabilities
As the world's handicapped population develops, patient handling equipment is becoming more common. According to the World Health Organization, roughly 15% of the world's population suffers from some form of disability in 2019, with 2% to 4% facing functioning problems. The number of handicapped people is growing due to the rapid spread of chronic illnesses. Disabled people require patient handling equipment to carry out their daily tasks. The demand for patient handling equipment market is expected to rise significantly due to an increase in incidences of disability.
- Rise in the number of geriatric and obese population
The number of persons aged 60 and up has consistently increased over time as a result of rising life expectancy. The worldwide geriatric population will grow from 727 million in 2020 to 1.5 billion by 2050, according to the United Nations Database on World Population Ageing 2020. Fall-related injuries are more common in the elderly population, which can result in a variety of functional limitations and a reliance on mobility equipment. As a result, the worldwide geriatric population is expected to expand significantly, increasing demand for patient handling and mobility equipment. The incidences rate of obese population is increasing rapidly. Approximately 39 million children under the age of five will be overweight or obese in 2020.
Furthermore, the rising number of injuries to caregivers during manual handling of patients will be a major factor influencing the growth of the patient handling equipment market. Along with this, increasing urbanization and rising hospital admissions are the driving factors accelerating the growth of the patient handling equipment market. Also, increasing expenditure on healthcare infrastructure are the major market drivers that will further escalate the growth of patient handling equipment market. Additionally, numerous countries' governments are enacting strict rules to encourage protective equipment and minimize MPH, fueling the industry even more.
Opportunities
- Growing demand for healthcare services
Moreover, the rising demand for healthcare services will provide beneficial opportunities for the patient handling equipment market growth. A growing number of government laws are being enacted around the world to lower the length and cost of healthcare procedures. As the demand for home care grows in the next years, so will the demand for equipment used to treat patients in those settings, such as patient transfer devices, mobility devices, and medical beds.
Moreover, growing focus of manufacturers on the adoption of advanced technologies and increase in the number of emerging markets will further provide beneficial opportunities for the patient handling equipment market growth during the forecast period.
Restraints/Challenges
- The dearth of training provided to caregivers for efficient operation of patient handling equipment
Effective training programmes are needed to raise knowledge about safe patient handling and to enable caregivers to operate transfer devices properly. A restricted number of training sessions are being provided to caregivers due to cost-cutting strategies being adopted in hospitals throughout several developing and developed countries. This is because of the high initial cost of equipment and upkeep, which includes training fees, and most healthcare institutions cannot afford the required patient handling equipment.
On the other hand, difficulties in manual handling of bariatric patients will challenge the patient handling equipment market. Additionally, the lack of skilled professionals and low awareness among people will restrain and further impede the growth rate of the market during the forecast period of 2024-2031.
This patient handling equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the patient handling equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Patient Handling Equipment Market
The COVID-19 outbreak boosted the market for patient handling equipment. The majority of patients infected with COVID-19 have mild to moderate symptoms and recover at home, but some demand medical intervention. The overall expansion of numerous sectors has been severely hampered at this time. Hospitality, oil and petroleum, and aeronautics were all seeing a drop in revenue, while healthcare, pharmaceuticals, and biotechnology were taking advantage of the situation to service as many patients and hospitals as possible. As a result of the pandemic, there has been a huge increase in demand for patient handling systems in order to provide effective treatment and care. According to the CDC, roughly 69.8 per 100,000 persons aged 65 and over were hospitalized in January 2021. Because of the high prevalence of hospitalization, many hospitals and healthcare institutions could not provide medical beds for COVID-19 treatment and/or other chronic diseases related to it, such as lung ailments. These demands have sparked a demand for patient handling equipment in order to improve safety and reduce the risk of injury when treating patients. Throughout the pandemic, the demand for and use of patient handling equipment has remained consistent. With the rise of COVID-19, some of the most important players in the patient handling equipment market grew organically.
Patient Handling Equipment Market Scope
The patient handling equipment market is segmented on the basis of mode, product type, care, accessories, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Mode
- Mechanical Equipment
- Non Mechanical Equipment
Product Type
- Medical Beds
- Patient Repositioning Equipment
- Mobility Aid
- Bathroom Safety
- Ambulatory Aids
Type of Care
- Long Term Care
- Bariatric Care
- Acute and Critical Care
- Wound Care
- Fall Prevention
- Others
Accessories
- Hospital Bed Accessories
- Medical Bed Accessories
- Lifting Accessories
- Transfer Accessories
- Stretcher Accessories
- Others
Application
- Acute and critical care
- Long-term care
- Mobility assistance
- Fall prevention
- Others
End User
- Hospital
- Home Care Settings
- Elderly Care Facilities
- Others
Patient Handling Equipment Market Regional Analysis
The patient handling equipment market is analysed and market size insights and trends are provided by country, mode, product type, care, accessories, application and end user as referenced above.
The countries covered in the patient handling equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the patient handling equipment market because of the presence of advanced as well as well-established healthcare infrastructure in this region. Additionally, growing prevalence of chronic diseases will flourish the market's growth rate in this region.
Asia-Pacific is expected to grow during the forecast period due to rising incidences of MSD-caused injuries to caregivers and the increasing number of geriatric population in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Patient Handling Equipment Market Share
The Patient handling equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to patient handling equipment market.
Patient Handling Equipment Market Leaders Operating in the Market Are:
- OpeMed (United Care) Ltd. (UK)
- VENDLET (Denmark)
- V. Guldmann A/S (Denmark)
- DJO LLC (US)
- Hill-Rom Services Inc (US)
- Getinge AB (Sweden)
- Invacare Corporation (US)
- Etac AB (Sweden)
- Permobil (Sweden)
- Joerns Healthcare LLC (US)
- Handicare Group AB (Sweden)
- Stiegelmeyer GmbH & Co. KG (Germany)
- Stryker (US)
- Sunrise Medical (UK)
- LINET (Czechia)
- Arjo (Sweden)
- Mangar Health (UK)
- benmormedical (UK)
- PARAMOUNT BED CO., LTD. (Japan)
- DeVilbiss Healthcare LLC (NY)
- Medline Industries, Inc. (US)
Latest Developments in Patient Handling Equipment Market
- In March 2020, Invacare had announced the launch of Invacare AVIVA FX Power Wheelchair. The AVIVA brand offers a distinct look and feel that promises best-in-class design, technology, and performance. The AVIVA FX Power Wheelchair will provide current front-wheel drive users with a high-performance chair that represents a significant advancement in front-wheel drive power mobility
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