Global Patient Handling Equipment Market Size By Type (Patient Transfer Devices, Bathroom and Toilet Assist Equipment), By Application Type (Hospitals, Home-care settings), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Patient Handling Equipment Market Size By Type (Patient Transfer Devices, Bathroom and Toilet Assist Equipment), By Application Type (Hospitals, Home-care settings), By Geographic Scope And Forecast

Patient Handling Equipment Market Size And Forecast

Patient Handling Equipment Market size was valued at USD 9.7 Billion by 2021 and is projected to reach USD 16.8 Billion in 2030, growing at a CAGR of 6.2% from 2023 to 2030.

The global market for patient handling equipment is expanding as a result of factors like an ageing population, governmental policies, and growing illness rates. The lack of qualified workers and the difficulties faced by patients requiring bariatric treatment, on the other hand, are issues limiting the market’s expansion. On the other hand, market expansion potential are brought about by private institutional nursing and technical improvements. The fast development of chronic diseases is contributing to an increase in the population of disabled persons. Patient handling equipment is necessary for disabled persons to do their everyday responsibilities. Due to an increase in the prevalence of disabilities, the market for patient handling equipment is anticipated to expand rapidly.

Global Patient Handling Equipment Market Definition

The term “Patient Handling Equipment Market” refers to the worldwide industry for products and services that help transport and transfer patients in medical facilities in a secure and effective manner. This covers a variety of tools such stretchers, slings, hospital beds, patient lifts, transfer aids, and mobility aids. By lowering the risk of harm during patient transfers and mobility aid, patient handling equipment primarily aims to protect the well-being of both patients and healthcare professionals.

Patient handling tools are primarily used to assist in the safe and pleasant movement of patients, especially those who have restricted mobility or physical limitations. These tools are made to lessen the physical burden on healthcare workers and the chance of musculoskeletal injuries brought on by manual lifting and patient transfers. To help move and transfer patients from one surface to another, such as from a bed to a wheelchair, patient lifts, for instance, employ mechanical or hydraulic systems.

The increase in patient safety is one of the main benefits of patient handling equipment. These devices are ergonomically designed and built with safety elements to guarantee optimum support and stability during patient transfers. Healthcare professionals can reduce the risk of falls, pressure ulcers, and other injuries that might happen during manual handling by employing patient handling equipment. Additionally, by lowering the danger of workplace accidents, patient handling equipment also helps healthcare personnel.

The musculoskeletal system of healthcare professionals can be severely strained by manual patient handling jobs, which can result in back injuries, sprains, and other occupational ailments. By using patient handling equipment, healthcare professionals may prevent these accidents and preserve their personal well-being, which lowers absenteeism, boosts job satisfaction, and enhances overall workplace safety. There are several types of patient handling equipment on the market, each providing a distinct function and meeting the demands of diverse patient populations.

Patient lifts, such as mobile and overhead lifts, are frequently used to move patients from beds to chairs and other surfaces. Patient mobility is made easier with the use of transfer aids like slide sheets and transfer boards, which require less lifting. Stretchers and hospital beds offer a comfortable and customizable platform for patient relaxation and transit. In addition, mobility aids like wheelchairs and walking sticks help patients preserve their independence and movement.

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Global Patient Handling Equipment Market Overview

Several elements that support the market for patient handling equipment are responsible for its development and uptake. The expanding older population and the incidence of chronic illnesses are two major factors. Long-term care and support are more in demand in hospital settings and at home as the population becomes older. In order to transport elderly or disabled people safely, ensure their comfort, and lower the risk of injury while providing care, patient handling equipment is essential.

The increasing focus on patient safety and healthcare provider wellbeing is another motivator. In order to minimise falls, pressure ulcers, and musculoskeletal injuries in both patients and healthcare personnel, healthcare organisations are becoming more and more aware of the significance of establishing safe patient handling procedures. The physical strain and injury hazards associated with manual patient handling are reduced by the use of patient handling devices by healthcare professionals.

The demand for patient handling equipment is also fueled by government policies and programmes meant to enhance patient safety and lower injuries related to healthcare. To reduce work-related accidents among healthcare practitioners, regulatory authorities as occupational safety and health administrations encourage the use of patient handling equipment. Additionally, government healthcare programmes’ reimbursement regulations and incentives encourage hospitals to spend money on patient handling equipment to improve patient care and safety.

However, there are several limitations that might have an effect on the market for patient handling equipment. The high expense of purchasing and maintaining patient handling equipment is one major obstacle. These gadgets can be pricey, especially for home care settings or smaller healthcare facilities with tight resources. The cost factor may prevent the use of patient handling devices, especially in healthcare facilities with limited resources.

Lack of standardised instruction and training for healthcare professionals about the use of patient handling equipment is another barrier. The safe and efficient use of these technologies depends on proper training. Lack of knowledge and training may result in inappropriate equipment usage or handling procedures, endangering patient safety and raising the possibility of injury. However, there are development prospects in the market for patient handling equipment.

The possibility for healthcare providers to invest in patient handling equipment to enhance patient care, reduce injuries, and lower healthcare expenses related to occupational injuries is made possible by the growing emphasis on value-based healthcare, which places an emphasis on patient outcomes and cost-efficiency. Innovative patient handling tools with better ergonomics, automation, and data integration capabilities have also been created as a result of technological improvements, opening up new market prospects and enhancing functionality.

Global Patient Handling Equipment Market Segmentation Analysis

The Global Patient Handling Equipment Market is Segmented on the Basis of Type, Application Type, And Geography.

Patient Handling Equipment Market, By Type

  • Patient Transfer Devices
  • Bathroom and Toilet Assist Equipment
  • Stretchers and Transport Chairs
  • Medical Beds

Based on Type, the market is segmented into Patient Transfer Devices, Bathroom and Toilet Assist Equipment, Stretchers and Transport Chairs, and Medical Beds. The Medical Beds segment holds a significant market share in the 2022. The increased use of handling equipment in hospitals, home care settings, nursing homes, trauma centres, and long-term acute care facilities is responsible for this expansion. Additionally, modern medical beds with features like bed frames, adjustable angles, and support surfaces for comfort and ease of movement are changing people’s preferences away from conventional beds and increasing demand. One of the main features of sophisticated beds that is expected to increase demand in the near future is the electric backrest. Other benefits include friction and shear reduction, battery backup, quick assembly and disassembly, and easy assembly.

Patient Handling Equipment Market, By Application Type

  • Hospitals
  • Home-care settings
  • Other

Based on Application Type, the market is segmented into Hospitals, Home-care settings, and Other. The Hospitals segment dominated the Patient Handling Equipment Market with the highest market share in 2022. Due to the rising usage of patient handling equipment for the medical safety of patients and carers, hospitals led the end-use segment. The element causing market expansion is also the increased application of safety regulations and pressure from governmental authorities to adhere to these regulations.

For instance, to promote patient health in the UK, the National Patient Safety Agency keeps track of patient safety issues in hospital settings. Additionally, it is anticipated that spending on healthcare infrastructure improvement to provide better services and facilities would fuel market expansion throughout the projection period.

Patient Handling Equipment Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of The World

On the basis of Geography, the Global Patient Handling Equipment Market is classified into North America, Europe, Asia Pacific, And Rest of The World. Europe region accounted for the highest market share in the Patient Handling Equipment Market in the year 2022. This is due to the availability of numerous healthcare facilities, the presence of skilled personnel, the need for better services, and supporting rules for patient safety.

While North America is predicted to expand at a healthy rate because to the rising demand for home care equipment, the growing elderly population, and government backing for infrastructure and healthcare facility improvement. Additionally, during the projected period, the rate of musculoskeletal disorders (MSDs) in this region is expected to rise.

Key Players

The “Global Patient Handling Equipment Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Getinge Group, Guldmann, Inc, Stiegelmeyer, Inc., Benmor Medical Ltd., Sidhil, Ltd., ArjoHuntleigh, Inc., Etac Ltd.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In May 2021, Hill-Rom participated in the fire-side chat in the UBS Global Healthcare Virtual Conference to support its healthcare business.
  • In September 2022, Handicare offers an expanded portfolio, including the Garaventa Lift range of wheelchair platform lifts, as well as new and improved products, such as the 4000 curved stairlifts.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2018-2030

Base Year

2021

Forecast Period

2023-2030

Historical Period

2018-2020

UNIT

Value (USD Billion)

Key Companies Profiled

Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Getinge Group, Guldmann, Inc, Stiegelmeyer, Inc., Benmor Medical Ltd., Sidhil, Ltd., ArjoHuntleigh, Inc

Segments Covered
  • By Type
  • By Application Type
  • By Geography
Customization Scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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