Patient Handling Equipment Market Size by Product (Wheelchairs and Scooters, {Manual Wheelchair [Folding Frame Manual Wheelchairs, Rigid Frame Manual Wheelchairs], Powered Wheelchair, Mobility Scooters}, Medical Beds {Acute Care Beds, Long Term Care Beds, Bariatric Beds}, Mechanical Lifting & Transfer Equipment, Ambulatory Aid Devices, Bathroom Safety Supplies), By Application (Acute & Critical Care, Long Term Care, Mobility Assistance, Fall Prevention), By End-use (Hospitals, Home Care Settings, Elderly Care Settings), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Jun 2020  |  Report ID: GMI2142  |  Authors: Sumant Ugalmugle, Rupali Swain

Report Format: PDF   |   Pages: 360   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Patient Handling Equipment Market size was estimated over USD 24 billion in 2019 and the industry will grow at 2.9% CAGR through 2026. Patient handling equipments are used for patients that require physical assistance, as well as for people under medication or illness. The patient handling equipments are generally used at hospitals, home care settings, elderly care facilities and rehabilitation centre among others. The patient handling equipment ensures the safety of doctors as well as caregivers while handling patients. Moreover, it also reduces the possibility of patient injuries, thereby driving the adoption of patient handling equipment.
 

Patient Handling Equipment Market

Get more details on this report - Request Free Sample PDF
 

Rising incidence of disabilities upsurges the business progression

The increasing disabled population across the globe drives the adoption of patient handling equipment. According to the WHO, in 2019, around 15% of the world’s population lives with a certain form of disability, and amongst them 2% to 4% experience difficulties in functioning. The number of disabled people is escalating due to rapid spread of chronic diseases. Disabled people need patient handling equipment to carry out their daily activities smoothly. The rising cases of disability will significantly propel patient handling equipment market growth over the analysis period.
 

Furthermore, due to the COVID-19 outbreak, there is a drastic rise in the demand for medical beds across the globe. The increasing corona cases across the globe are forcing governments of developed and emerging countries to increase their patient handling capacities. The public health systems are providing funds to procure the required hospital infrastructure with medical beds that are one of the important requirements. The upsurge in fundraising for associated with patient handling equipment are some other major factors that will positively impact on the market growth.
 

However, insufficient training to caregivers for accessing patient handling equipment and problems in manual handling of bariatric patients are some of the factors that may hinder the market growth.
 

Patient Handling Equipment Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: USD 25.5 Billion
Historical Data for: 2015 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 2.9% 2026 Value Projection: USD 42.2 Billion
Pages: 360 Tables, Charts & Figures: 361
Geographies covered (16): U.S., Canada, Germany, UK, France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, South Africa, Saudi Arabia, UAE
Segments covered: Product, Application, End-use and Region
Companies covered (15): Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmever, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI
Growth Drivers:
  • Increasing hospital admissions due to outbreak of COVID-19 pandemic
  • Rising geriatric population globally
  • Escalating incidence of disabilities across the globe
  • Risk of injuries to caregivers during manual handling of patients
  • Implementation of regulations ensuring safety of healthcare personnel against manual lifting of people
Pitfalls & Challenges:
  • Difficulties in manual handling of bariatric patients
  • Insufficient training to caregivers for operating patient handling equipment

Get more details on this report - Request Free Sample PDF
 

Growing adoption of wheelchairs and scooters will provide tremendous growth opportunities

Patient Handling Equipment Market Size

Get more details on this report - Request Free Sample PDF
 

The wheelchairs and scooters segment was valued over USD 5.8 billion in 2019. Wheelchairs and scooters cover manual wheelchair, powered wheelchair, and mobility scooters. The rising number of accidental injuries resulting in disabilities will upsurge the demand for wheelchairs and scooters.
 

Additionally, people of age 65 and above are more prone to injuries and fall as compared to other age groups. This age group generally requires wheelchairs and scooters for enhanced safety, thereby driving segmental growth. Moreover, the growing geriatric population will further escalate the demand for wheelchairs and scooters. Since countries like Germany and Italy have a high percentage share of the population aged 60 and older, these countries are worst affected by COVID-19. The patient handling equipment demand has increased significantly in a way that several medical bed manufacturers have ramped up the production to meet the soaring market demand.
 

Acute & critical care segment is expected to boost the patient handling equipment market growth

The acute & critical care segment accounted for around 18% revenue share in 2019. The increasing population suffering from chronic disorders such as myocardial infarction and stroke will drive the segmental growth during the forecast period. Moreover, rising number of patient admissions due to increasing prevalence of chronic disease drives segmental growth. Furthermore, adoption of innovative technologies for acute & critical care patient handling will further drive the overall market growth.
 

Hospitals segment will dominate the market

Patient Handling Equipment Market Share

Get more details on this report - Request Free Sample PDF
 


The hospitals segment accounted for over 30% of overall patient handling equipment market share in 2019. Rising number of patients requiring critical care in hospitals along with advanced healthcare infrastructure will boost the segmental growth during the forecast period. Hospitals provide technologically advanced patient handling equipment including, ICU beds, sling lifts, transfer chairs, slide boards, etc. Thus, increasing demand for technologically advanced patient handing instruments will drive the market growth.
 

Presence of foremost industry players in North America proves beneficial for the regional market growth

North America held maximum revenue share in 2019 and will witness around 2% CAGR during 2020 to 2026. The advanced healthcare infrastructure and increasing prevalence of chronic diseases are some of the factors driving the market growth in the region. As per the UN statistics, in 2017, the number of elderly populations aged 60 years and above is expected to increase from 78.5 million in 2017 to 123.9 million in 2050. Thus, the growing population with disability increases the need for patient handling equipment, thereby fostering the business growth.
 

The presence of major industry players along with well-established and advanced healthcare facilities will propel the U.S. market growth. Moreover, availability of well-trained nursing staff in the U.S. will propel the regional market expansion.
 

Increasing investments by prominent industry players to expand market share

Some of the prominent market players operating in the patient handling equipment market share include Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, Stiegelmeyer, LINET, Joerns Healthcare, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical, Antano Group, and ORTHOS XXI. The foremost market competitors are strategically implementing numerous organic and inorganic growth strategies such as mergers and acquisitions to expand the market share.
 

Some of the recent industry developments:

  • In February 2020, Guldmann launched new sling strap with smart loop technology. This product launch broadened the company’s product portfolio.
     
  • On 4th March 2020, Invacare Corporation launched Invacare AVIVA FX Power Wheelchair. This product launch helped the company in strengthening its powered mobility product segment.
     

The patient handling equipment industry research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2015 to 2026, for the following segments:
 

By Product

  • Wheelchairs and scooters
    • Manual wheelchair
      • Folding frame manual wheelchairs
      • Rigid frame manual wheelchairs
    • Powered wheelchair
    • Mobility scooters
  • Medical beds
    • Acute care beds
    • Long term care beds
    • Bariatric beds
    • Others
  • Mechanical lifting & transfer equipment
  • Ambulatory aid devices
  • Bathroom safety supplies
  • Others

By Application

  • Acute & critical care
  • Long term care
  • Mobility assistance
  • Fall prevention
  • Others

By End-use

  • Hospitals
  • Home care settings
  • Elderly care facilities
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • UAE
       

Frequently Asked Questions (FAQ) :

The wheelchairs & scooter segment was valued at over USD 5.8 billion in 2019.
North America is the leading market which is expected to grow at around 2% CAGR during 2020 to 2026.
The acute & critical care segment accounted for around 18% revenue share in 2019.

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Jun 2020
  • Pages: 360
  • Tables: 326
  • Charts / Figures: 35
  • Companies covered: 15
  • Countries covered: 16

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X