Patient Handling Equipment Market is expected to reach US$ 14.94 Bn. by 2029 from US$ 12.41 Bn in 2021, at a CAGR of 2.35% during the forecast period.

Patient Handling Equipment Market Overview

The market overview report provides a comprehensive analysis of the dynamics of the Patient Handling Equipment industry, including insights into the competition and rivalry among industry players. The report offers revenue forecasts for the global, regional, and segment levels of the industry, with a focus on sales forecasting by region and segment. This sales forecasting is a key highlight of the report, providing valuable insights into the expected performance of the industry in various markets.

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Patient Handling Equipment Market Report Scope and Research Methodology

The report uses a combination of primary and secondary research methods to analyze the Patient Handling Equipment Market. Primary research involves the collection of data directly from the market through surveys, interviews, and observations. This type of research provides first-hand information about the market, which is valuable for understanding customer behaviour and preferences, market trends, and other important aspects of the industry. Secondary research involves the collection of data from published sources such as industry reports, company websites, and news articles. This type of research provides a broad overview of the market and can be used to gather information about industry trends, market size, and key players.

The report also contains a thorough, market-focused, and commercial analysis of the Patient Handling Equipment market that makes use of a number of research methodologies. Region, revenue, financial situation, portfolio, implemented technology, and mergers and acquisitions were all taken into consideration when analysing the market. The market dynamics, competitive environment, and development prospects are all thoroughly understood thanks to this thorough investigation.

Patient Handling Equipment Market Regional Insights

The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Patient Handling Equipment Market Segmentation

Based on Product, Medical Beds held the largest market share in 2021, thanks to factors such the development of technology, notably in ICU beds, and an increase in the number of patients requiring critical care.

Due to multiple instances when mechanical lifts for the patient have led to a decrease in musculoskeletal injuries in the carers, which should be the main driver driving the growth of the market, mechanical and transfer equipment is predicted to grow at the higher pace in the forecast period.

By the user, Hospitals held the largest market share in 2021 as a result of an increase in the number of patients who needed critical care there. There has been a paradigm shift, and patients now favour home care environments over hospitals. Home care settings will experience the fastest growth during the projected period, which can be ascribed to improved patient comfort and lower costs.

A increasing patient population that required the assistance of wheelchairs and walking aids resulted in mobility assistance having the largest market share in 2021. On the other hand, greater reimbursement for the equipment is anticipated to increase throughout the projection period due to technical advancements in powered wheelchairs.

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Patient Handling Equipment Market Key Players

• Arjo
• Hill-Rom Holdings Inc.
• Invacare Corporation
• Stryker
• Drive divibliss healthcare Inc.
• ETAC AB
• GF Health Products, Inc.
• Guldmann,Inc.
• Handicare group AB
• Joerns Healthcare LLC
• Medline Industries
• Prism Medical UK
• Stiegelmeyer GmbH & Co. KG
• Savaria
• Malvestio Spa
• EZ Way, Inc.
• Ossenberg GmbH
• Antano Group
• Airpal Inc.
• Getinge AB
• Gendron,Inc.
• Paramount Bed Co. Ltd.
• Sunrise Medica
• Pelstar
• Hill-Interson Corporation
• Scintica Instrumentation, Inc
• Leltek, Inc.
• Lepu Medical Technology
• Edan Instruments, Inc.
• ReproScan

Key questions answered in the Automotive Relay Market are:

• What is Patient Handling Equipment?
• What are the recent industry trends that can be implemented to generate additional revenue streams for Patient Handling Equipment Market?
• Which factors are the lucrative opportunities for the Patient Handling Equipment market growth?
• How is the intervention from regulatory authority is shaping the Patient Handling Equipment Market?
• What growth strategies are the players considering to increase their presence in Patient Handling Equipment Market?
• Who held the largest market share in Patient Handling Equipment Market?
• What is the Patient Handling Equipment market size of the dominating region?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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