The global patient handling equipment market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Patient handling equipment is used for moving, supporting, or transferring body parts or a person conveniently in healthcare facilities. The major factor for the growth of the patient handling equipment market is the increasing geriatric and obese populations.
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According to the Department of Economic and Social Affairs, there were 703 million people aged 65 years or over globally in 2019 which is anticipated to double to 1.5 billion in 2050. The geriatric population is more vulnerable to fall-related injuries which leads to many functional disabilities and dependence on mobility equipment. Furthermore, as per the National Institute of Diabetes and Digestive and Kidney Disease (NIDDK), approximately 1 in 3 adults (30.7%) are overweight, and more than 1 in 3 men (34.1%) and more than 1 in 4 women (27.5%) are overweight. Additionally, over 2 in 5 adults (42.4%) have severe obesity). Hence, the rising geriatric population along with the obese population is increasing the demand for patient handling equipment which in turn is driving the growth of the market.
Some major players in the market include Arjo, Hill-Rom Holdings Inc., and Stryker Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2020, Arjo announced the acquisition of AirPal to strengthen Arjo’s Patient Handling portfolio. The acquisition was expected to have a positive impact on earnings per share from 2022 onwards.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Type
- By End-User
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– Arjo, Hill-Rom Holdings Inc., and Stryker Corp., among others.
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Global Patient Handling Equipment Market Report by Segment
By Type
Ø Patient Transfer Devices
- Patient Lifts
- Slings
- Air-assisted Lateral Transfer Mattresses
- Sliding sheets
Ø Accessories
- Medical Beds
- Mobility Devices
- Wheelchairs and Mobility Scooters
- Ambulatory Aids
- Bathroom and Toilet Assist Equipment
- Stretchers and Transport Chairs
By End-User
- Hospitals
- Home-care settings
- Other
Global Patient Handling Equipment Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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