Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Patient Handling Equipment industry. The report analyzes and declares the historical and current trends analysis of the patient handling equipment industry and subsequently recommends the projected trends anticipated to be observed in the Patient Handling Equipment market during the upcoming years.
The patient handling equipment market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Patient Handling Equipment market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Patient Handling Equipment industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the patient handling equipment industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Patient Handling Equipment market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the patient handling equipment industry. The patient handling equipment market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the patient handling equipment sector. Key strategic developments in the patient handling equipment market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the patient handling equipment market are appropriately highlighted in the report.
The patient handling equipment market research report delivers an acute valuation and taxonomy of the Patient Handling Equipment industry by practically splitting the market on the basis of different types, category, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the patient handling equipment industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the patient handling equipment industry is provided for the leading economies of the world.
Patient handling equipment is used for patients needing physical support, as well as for those seeking medical treatment or sickness. Patient handling equipment is generally used in hospitals, home care facilities, elderly care facilities, and rehabilitation centers, among others. The patient handling equipment assures the safety of all physicians when treating patients. Increasing hospital admissions due to upsurge in COVID-19 cases worldwide is a major factor fueling the growth of the target market.
The patient handling equipment market is segmented into type, application, end-user, and region segment. The type segment is segmented into medical beds, wheelchairs and scooters, mechanical lifting & transfer equipment, ambulatory aid devices, bathroom safety supplies, and others. Based on the application segment the target market is divided as acute & critical care, long term care, mobility assistance, fall prevention, and others. Also, based on the end-user segment the target market is segregated into hospitals, home care settings, elderly care facilities, and others.
Some of the essential players operating in the patient handling equipment market, but not restricted to include Arjo, Drive DeVilbiss Healthcare, Hill-Rom Holdings, Invacare Corporation, Handicare, GF Health Products, Etac, Joerns Healthcare, Medline Industries, Inc., Prism Medical UK, Malvestio, Ossenberg, EZ Way, Inc., LINET, McAuley Medical, Mangar Health, Savaria, Stryker Corporation, AirPal, Inc., Antano Group, Stiegelmeyer, PARAMOUNT BED CO., LTD., Lojer Oy, Guldmann, and SM Scientific Instruments amongst others.
The taxonomy of the patient handling equipment industry by its scope and segmentation is as follows:
Global Patient Handling Equipments Market: Type Segment Analysis
- Wheelchairs and scooters
- Manual wheelchair
- Folding frame manual wheelchairs
- Rigid frame manual wheelchairs
- Powered wheelchair
- Mobility scooters
- Manual wheelchair
- Medical beds
- Acute care beds
- Long term care beds
- Bariatric beds
- Others
- Mechanical lifting & transfer equipment
- Ambulatory aid devices
- Bathroom safety supplies
- Others
Global Patient Handling Equipments Market: Application Segment Analysis
- Acute & critical care
- Long term care
- Mobility assistance
- Fall prevention
- Others
Global Patient Handling Equipments Market: End-user Segment Analysis
- Hospitals
- Home care settings
- Elderly care facilities
- Others
Global Patient Handling EquipmentMarket: Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
- The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises a buoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.
Table of Content
Key Insights from Primary Research
- According to the primary CXO’s of the global patient handling equipments market, the market is estimated to witness a substantial growth of nearly 11% over the forecast period.
- The market was valued at USD 8.86 billion, in 2019 and is expected to be valued over USD 13.5 billion in 2026.
- On the basis of the application segment, Acute & critical care segment is expected to fuel the global patient handling equipments market in 2019. In terms of revenue, it accounted for more than a 17% share of the total market in 2019.
- North America market is anticipated to be the fastest rising region for patient handling equipments over the forecast period owing to High chronic incidence in adults raise U.S. demand for patient handling equipments.
Key Recommendations from Analysts
- Growing applications of patient handling equipments, the patient handling equipments market is expected to see significant value and volume growth during the forecast period
- The strategic developments such as regional expansion, product innovations and on-going research and developments by the major companies such as EZ Way, Inc., LINET, McAuley Medical, Mangar Health is likely to boom the market’s growth over the up-coming years.
- Our analysts advise that the Asia Pacific region will most likely witness a significant growth attributed to the rising demand for patient handling equipments from China and India.
Market Share Analysis by Region
Industry Major Market Players
- Arjo
- Drive DeVilbiss Healthcare
- Hill-Rom Holdings
- Invacare Corporation
- Handicare
- GF Health Products
- Etac
- Joerns Healthcare
- Medline Industries Inc.
- Prism Medical UK
- Malvestio
- Ossenberg
- EZ Way Inc.
- LINET
- McAuley Medical
- Mangar Health
- Savaria
- Stryker Corporation
- AirPal Inc.
- Antano Group
- Stiegelmeyer
- PARAMOUNT BED CO. Ltd.
- Lojer Oy
- Guldmann
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