Patient Handling Equipment Market
Global Patient Handling Equipment Market, By Type (Patient Transfer Devices, Medical Beds, Mobility Devices, Bathroom & Toilet Assist Equipment, Stretchers & Transport Chairs), By End User (Hospitals, Home Care Settings, Other End Users), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: August 2021
- Report ID: BWC2135
- Available Format: PDF
- Page: 400
Report Overview
The global patient handling equipment market is flourishing significantly because of the driving factors like increasing risk of musculoskeletal injuries while manual handling of patients and rising geriatric population and inpatient treatment.Global Patient Handling Equipment Market - Industry Trends & Forecast Report, 2027
The global patient handling equipment market was worth USD 10.3 billion in 2020 and is further projected to reach USD 17.9 billion by the year 2027, growing at the CAGR of 8.3% in the forecast period. The market growth is fueled by factors such as an increase in inpatient treatment, an aging population andsurging cases of injuries while handling patients manually. Furthermore, regulations surrounding the safety of the healthcare workers are expected to drive the global patient handling equipment market during the forecast period.
Source: BlueWeave Consulting
Global Patient Handling Equipment Market- Overview
Patient handling equipment includes devices equipped with mechanical slings or sit-to-stand lifts that assist in shifting patients from or to bed and other resting positions. Wheelchair, stretchers, medical beds, medical scooters, and operating table pads are among the equipment used for patient handling. Equipment of this type operates via hydraulic power or electricity.A wide variety of patient handling equipment is used in hospitals, nursing homes, in home care, and in other places where people receive treatment.Patient handling equipment is highly useful in the prevention of injury of both patient and caretaker while manual handling. Additionally, patients can relax and be flexible with this medical equipment.
Global Patient Handling Equipment Market Forecast and Trends
Growth Drivers
Increasing Prevalence of Musculoskeletal Disorders
The prevalence of musculoskeletal disorders like epicondylitis, rotator cuff tendonitis, muscle/tendon strain, carpal tunnel syndrome, etc. is rising at a very rapid rate around the world. According to the WHO, around 1.71 billion people worldwide are suffering from musculoskeletal disorders. Among these, a large percentage is covered by the geriatric population under hospital or home-care treatment. As a result, the need for patient handling equipment for the management of such patients effortlessly is propelling the growth of the global patient handling equipment market.
Regulatory Policies Surrounding the Use of Patient Handling Equipment
There are no specific laws that require the use of patient handling equipment, but there are regulations and policies which require that healthcare facilities such as hospitals and diagnostic & treatment centers use lifting and transfer aids for patients who need physical assistance.For instance, the Safe Patient Handling Act, originally initiated in New York, requires hospitals, nursing homes, and other public health clinics to formulate a policy for the use of engineering controls, lifting, and transfer aids. Such policies fuel the demand for patient handling equipment, thereby powering the growth of the global patient handling equipment market.
Restraints
High Costs of Patient Handling Equipment
The high cost of patient handling equipment restrains its adoption and affects the market negatively by limiting its demand. It is very expensive to acquire such equipment; thus, it is only available to the financially strong individuals and countries with stable economies, which reduces their growth potential.For instance, a ceiling lift typically costs between USD 5,000 and USD 12,000, as does the installation of a motorized ceiling lift system that costs approximately 8,000 dollars.This acts as a huge barrier to the growth of the global patient handling equipment market.
Impact of COVID-19 on Global Patient Handling Equipment Market
Due to the high rate of hospitalization of COVID-19 patients, the COVID-19 pandemic has had a positive impact on the global patient handling equipment market.Most of the patients belonging to the pool affected by the virus were geriatrics who needed help with daily activities.Thus, during the COVID-19 period, the adoption of patient handling equipment for handling patients proliferated significantly. Nevertheless, during the initial phase of COVID-19, there was a little slump in the market due to obstructions in manufacturing operations. However, the market is expected to grow at a high rate in the post-COVID-19 period.
Global Patient Handling Equipment Market - By Type
Based on types, the global patient handling equipment market is segmented into patient transfer devices, medical beds, mobility devices, bathroom & toilet assist equipment, and stretchers & transport chairs. Among these segments, the patient transfer devices segment holds the largest market share. This segment is further classified into patient lifts, slings, air-assisted lateral transfer mattresses, sliding sheets, and accessories. The increasing adoption of ceiling lifts, sit-to-stand lifts, mobile lifts in the hospitals as well as home care settings is driving the growth of the patient transfer devices segment.
Global Patient Handling Equipment Market - By End-User
Based on end-users, the global patient handling equipment market is segmented into hospitals, home care settings, and other end-users. The hospital segment accounts for the largest market share among all the segments because of its wide application in the management of critical as well as geriatric patients. Moreover, hospitals across the globe are also investing in advanced healthcare equipment, which is causing the patient handling equipment market to grow substantially.The home care settings segment, on the other hand, is gaining significant traction and is expected to grow with the highest CAGR during the forecast period.
Global Patient Handling Equipment Market - Regional Insights
Geographically, the global patient handling equipment market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among these regions, North America dominates the market because of the increasing prevalence of musculoskeletal disorders like bone fractures, arthritis, osteoarthritis, especially among the geriatric population in the region. It has been estimated that every third or fourth person aged 65 or over suffers from musculoskeletal disorders.Furthermore, stringent set of government regulations further recommends the use of equipment like patients handling equipment to maintain the safety of patients and healthcare workers in North America, which is driving the growth of the patient handling equipment market in the region.
Competitive Landscape
The leading market players in the global patient handling equipment market are Joerns Healthcare LLC, Gainsborough Healthcare Group, HoverTech International, Medline Industries Inc., ARJO, Guldmann Inc., Handicare Group AB, Sunrise Medical Inc., Getinge, Hill Rom Holding Inc., Stryker Corporation, Invacare Corporation, Antano Group, Drive Medical, Mangar International Inc., Stiegelmeyer, Joerns Healthcare Inc., Prism Medical, LINET, and other prominent players.
With several global and regional players present, the global patient handling equipmentmarket is highly competitive and consolidated.Currently, the industry's leading participants are consolidating their distribution channels and applying strategies to expand their product portfolios and services in emerging economies in order to expand their penetration there.Furthermore, the adoption of competitive strategies like partnerships, mergers, acquisitions, collaborations, etc., is also highly prevalent in this market.
Recent Developments
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In June 2021, Kindred Healthcare, Tennova Healthcare, and The University of Tennessee Medical Center (UTMC), announced the opening of the Knoxville Rehabilitation hospital which will offer several facilities, along with complete monitored rooms, specialized beds, patient lifting equipment, etc.
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In June 2021, Henry Ford Hospital announced its partnership with Atlas Lift Tech, Inc. and Arjo Diligent Clinical Consultants to launch a program called ‘Project Mobility which will provide installation of hospital lifts, such as ceiling lifts, lateral transfer, passive lifts, etc., in its hospitals.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical data – 2017-2020 |
Base Year – 2020 |
|
Forecast – 2021 – 2027 |
|
Facts Covered |
Revenue in USD Million |
Market Coverage |
North America, Europe, the Asia-Pacific, Latin America, and the Middle East and Africa |
Product Service/Segmentation |
By Type, By End-User, By Region |
Key Players |
Joerns Healthcare LLC, Gainsborough Healthcare Group, HoverTech International, Medline Industries Inc., ARJO, Guldmann Inc., Handicare Group AB, Sunrise Medical Inc., Getinge, Hill Rom Holding Inc., Stryker Corporation, Invacare Corporation, Antano Group, Drive Medical, Mangar International Inc., Stiegelmeyer, Joerns Healthcare Inc., Prism Medical, LINET, and other prominent players. |
By Type
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Patient Transfer Devices
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Patient Lifts
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Ceiling Lifts
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Sit-To-Stand Lifts
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Mobile Lifts
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Stair & Wheelchair Lifts
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Bath & Pool Lifts
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Slings
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Air-Assisted Lateral Transfer Mattresses
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Reusable Air-Assisted Mattresses
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Single-Patient Use Air-Assisted Mattresses
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Sliding Sheets
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Accessories
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Medical Beds
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Electric Beds
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Manual Beds
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Semi-Electric Beds
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Mobility Devices
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Wheelchairs & Mobility Scooters
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Powered Wheelchairs
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Mobility Scooters
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Manual Wheelchairs
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Ambulatory Aids
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Bathroom & Toilet Assist Equipment
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Stretchers & Transport Chairs
By End-User
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Hospitals
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Home Care Settings
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Other End Users
By Region
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North America
-
Europe
-
Asia-Pacific (APAC)
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Latin America (LATAM)
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Middle-East & Africa (MEA)
- Research Framework
- Research Objective
- Product Overview
- Key Market Segments
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Market Drivers
- Market Drivers
- Increasing Prevalence of Musculoskeletal Disorders
- Regulatory Policies Surrounding the Use of Patient Handling Equipment
- Increasing Adoption of Patient Handling Equipment in Home-Care Settings
- Market Restraints
- High Costs of Patient Handling Equipment
- Market Challenges
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- Insufficient training provided to Healthcare workers
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- Market Opportunity
- The Ongoing Covid-19 Pandemic
- Growth opportunities in the emerging economies
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Patient Handling Equipment Market Overview
- Market Size & Forecast by Value, 2017-2027
- Market Size and Forecast, By Segment
- By Type
- Patient Transfer Devices
- Patient Lifts
- Ceiling Lifts
- Sit-To-Stand Lifts
- Mobile Lifts
- Stair & Wheelchair Lifts
- Bath & Pool Lifts
- Slings
- Air-Assisted Lateral Transfer Mattresses
- Reusable Air-Assisted Mattresses
- Single-Patient Use Air-Assisted
- Sliding Sheets
- Accessories
- Patient Lifts
- Medical Beds
- Electric Beds
- Manual Beds
- Semi-Electric Beds
- Mobility Devices
- Wheelchairs & Mobility Scooters
- Powered Wheelchairs
- Mobility Scooters
- Manual Wheelchairs
- Ambulatory Aids
- Wheelchairs & Mobility Scooters
- Bathroom & Toilet Assist Equipment
- Stretchers & Transport Chairs
- Patient Transfer Devices
- By End-user
- Hospitals
- Home Care Settings
- Other End Users
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- By Type
- North America Patient Handling Equipment Market Overview
- Market Size and Forecast
- By Value (USD Million), 2020-2027
- Market Share and Forecast
- By Process
- By End User
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Patient Handling Equipment Market Overview
- Market Size and Forecast
- By Value (USD Million), 2020-2027
- Market Share and Forecast
- By Process
- By End User
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Forecast
- APAC Patient Handling Equipment Market Overview
- Market Size and Forecast
- By Value (USD Million), 2020-2027
- Market Share and Forecast
- By Process
- By End User
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Patient Handling Equipment Market Overview
- Market Size and Forecast
- By Value (USD Million), 2020-2027
- Market Share and Forecast
- By Process
- By End User
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Patient Handling Equipment Market Overview
- Market Size and Forecast
- By Value (USD Million), 2020-2027
- Market Share and Forecast
- By Process
- By End User
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis (2020)
- Competitive Benchmarking, By Operating Parameters
- Impact of COVID-19 on Global Patient Handling Equipment Market
- Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- Joerns Healthcare LLC
- Gainsborough Healthcare Group
- HoverTech International
- Medline Industries Inc.
- ARJO
- Guldmann Inc.
- Handicare Group AB
- Sunrise Medical Inc.
- Getinge
- Hill Rom Holding Inc.
- Stryker Corporation
- Invacare Corporation
- Antano Group
- Drive Medical
- Mangar International Inc.
- Stiegelmeyer
- Joerns Healthcare Inc.
- Prism Medical
- LINET
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Patient Handling Equipment Segmentation
Figure 2: Global Patient Handling Equipment Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2020
Figure 4: Global Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 5: Global Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 6: Global Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 7: Global Patient Handling Equipment Share (%), By Region, By Value, 2017-2027
Figure 8: North America Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 9: North America Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 10: North America Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 11: North America Patient Handling Equipment Share (%), By Country, By Value, 2017-2027
Figure 12: Europe Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 13: Europe Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 14: Europe Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 15: Europe Patient Handling Equipment Share (%), By Country, By Value, 2017-2027
Figure 16: the Asia-Pacific Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 17: the Asia-Pacific Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 18: the Asia-Pacific Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 19: Asia-Pacific Patient Handling Equipment Share (%), By Country, By Value, 2017-2027
Figure 20: Latin America Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 21: Latin America Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 22: Latin America Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 23: Latin America Patient Handling Equipment Share (%), By Country, By Value, 2017-2027
Figure 24: Middle East & Africa Patient Handling Equipment Size, By Value (USD Million), 2017-2027
Figure 25: Middle East & Africa Patient Handling Equipment Share (%), By Process, By Value, 2017-2027
Figure 26: Middle East & Africa Patient Handling Equipment Share (%), By End User, By Value, 2017-2027
Figure 27: Middle East & Africa Patient Handling Equipment Share (%), By Region, By Value, 2017-2027
List of Tables
Table 1: Global Patient Handling Equipment Size, By Process, By Value, 2017-2027
Table 2: Global Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 3: Global Patient Handling Equipment Size, By Region, By Value (USD Million), 2017-2027
Table 4: North America Patient Handling Equipment Size, By Process, By Value (USD Million), 2017-2027
Table 5: North America Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 6: North America Patient Handling Equipment Size, By Country, By Value (USD Million), 2017-2027
Table 7: Europe Patient Handling Equipment Size, By Process, By Value (USD Million), 2017-2027
Table 8: Europe Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 9: Europe Patient Handling Equipment Size, By Country, By Value (USD Million), 2017-2027
Table 10: the Asia-Pacific Patient Handling Equipment Size, By Process, By Value (USD Million), 2017-2027
Table 11: the Asia-Pacific Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 12: the Asia-Pacific Patient Handling Equipment Size, By Country, By Value (USD Million), 2017-2027
Table 13: Latin America Patient Handling Equipment Size, By Process, By Value (USD Million), 2017-2027
Table 14: Latin America Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 15: Latin America Patient Handling Equipment Size, By Country, By Value (USD Million), 2017-2027
Table 16: The Middle-East & Africa Patient Handling Equipment Size, By Process, By Value (USD Million), 2017-2027
Table 17: The Middle-East & Africa Patient Handling Equipment Size, By End User, By Value (USD Million), 2017-2027
Table 18: The Middle-East & Africa Patient Handling Equipment Size, By Country, By Value (USD Million), 2017-2027
Table 19: Joerns Healthcare LLC Financial Analysis
Table 20: Joerns Healthcare LLC Business Overview
Table 21: Gainsborough Healthcare Group Financial Analysis
Table 22: Gainsborough Healthcare Group Business Overview
Table 23: HoverTech InternationalFinancial Analysis
Table 24: HoverTech International Business Overview
Table 25: Medline Industries Inc. Financial Analysis
Table 26: Medline Industries Inc. Business Overview
Table 27: ARJO Financial Analysis
Table 28: ARJO Business Overview
Table 29: Guldmann Inc. Financial Analysis
Table 30: Guldmann Inc. Business Overview
Table 31: Handicare Group AB Financial Analysis
Table 32: Handicare Group AB Business Overview
Table 33: Sunrise Medical Inc. Financial Analysis
Table 34: Sunrise Medical Inc. Business Overview
Table 35: Getinge Financial Analysis
Table 36: Getinge Business Overview
Table 37: Hill Rom Holding Inc. Financial Analysis
Table 38: Hill Rom Holding Inc. Business Overview
Table 39: Stryker Corporation Financial Analysis
Table 40: Stryker CorporationFinancial Analysis
Table 41: Invacare CorporationFinancial Analysis
Table 42: Invacare CorporationBusiness Overview
Table 43: Antano GroupFinancial Analysis
Table 44: Antano GroupBusiness Overview
Table 45: Drive MedicalFinancial Analysis
Table 46: Drive MedicalBusiness Overview
Table 47: Mangar International Inc.Financial Analysis
Table 48: Mangar International Inc.Business Overview
Table 49: StiegelmeyerFinancial Analysis
Table 50: StiegelmeyerBusiness Overview
Table 51: Joerns Healthcare Inc.Financial Analysis
Table 52: Joerns Healthcare Inc.Business Overview
Table 53: Prism MedicalFinancial Analysis
Table 54: Prism MedicalBusiness Overview
Table 55: LINETFinancial Analysis
Table 56: LINETBusiness Overview
Market Segmentation
By Type
- Patient Transfer Devices
- Patient Lifts
- Ceiling Lifts
- Sit-To-Stand Lifts
- Mobile Lifts
- Stair & Wheelchair Lifts
- Bath & Pool Lifts
- Slings
- Air-Assisted Lateral Transfer Mattresses
- Reusable Air-Assisted Mattresses
- Single-Patient Use Air-Assisted Mattresses
- Sliding Sheets
- Accessories
- Medical Beds
- Electric Beds
- Manual Beds
- Semi-Electric Beds
- Mobility Devices
- Wheelchairs & Mobility Scooters
- Powered Wheelchairs
- Mobility Scooters
- Manual Wheelchairs
- Ambulatory Aids
- Bathroom & Toilet Assist Equipment
- Stretchers & Transport Chairs
By End-User
- Hospitals
- Home Care Settings
- Other End Users
By Region
- North America
- Europe
- Asia-Pacific (APAC)
- Latin America (LATAM)
- Middle-East & Africa (MEA)
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