Global Patient Handling Equipment Market 2017-2021
About Patient Handling Equipment
Patient handling equipment is used to transfer patients who lack the strength to control their body movements. These devices are used in hospitals, ambulatory surgery centers (ASCs), nursing homes, elderly care centers, and other medical centers for transferring patients between bed and chair repositioning, sitting, standing, and shifting from one bed to another. There is a variety of equipment available for patient handling that includes wheelchairs and mobility scooters, medical beds, bathroom safety equipment, mechanical and non-mechanical equipment, and ambulatory aids.
Technavio’s analysts forecast the global patient handling equipment market to grow at a CAGR of 10.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global patient handling equipment market for 2017-2021. To calculate the market size, the report considers revenue generated from the sales of various patient handling equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Patient Handling Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global patient handling equipment market: Getinge, Hill-Rom, Invacare, and Stryker.
Other Prominent Vendors in the market are: Benmor Medical, Etac, Guldmann, Handicare (Mobility division of Handicare has been acquired by Sunrise Medical), Joerns Healthcare, LINET Americas, Mangar Health, Sidhil (acquired by Drive DeVilbiss Healthcare), Stiegelmeyer, and Sunrise Medical (acquired by Nordic Capital).
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing prevalence of disabilities and geriatric population. The increasing prevalence of disabilities occurred due to chronic wounds causing pressure ulcers, venous leg ulcers, and diabetic ulcers have been a major concern in developed and developing countries globally. However, the prevalence of such disabilities increases the demand for patient handling equipment, which fuels the growth of this market in the forecast period.”
According to the report, one driver in the market is increasing government focus on safe manual handling of patients. The increasing focus on regulations and guidelines for safety manual handling by the government provides a lucrative growth opportunity for the patient handling equipment market. Many developed countries like the UK and the US are adopting zero manual lift policies that prescribe the use of patient handling devices. These guidelines and regulations are designed by the government authorities to assist in introducing ergonomic solutions to the healthcare providers to reduce physical injury and stress due to manual handling of patients.
Further, the report states that one challenge in the market is lack of regulatory protocols in emerging economies. The healthcare system in emerging economies is highly fragmented, especially in developing countries like India and Sri Lanka. These countries do not have a set regulation and legal protocol for safe patient handling in various healthcare settings. Small and medium end-users are not aware of the benefits of patient handling equipment. Poor government initiatives to improve the quality of patient care by developing policies and guidelines for safe patient handling and mandating the use of patient handling equipment is a demotivating factor for the growth of the market in emerging economies.
Getinge, Hill-Rom, Invacare, Stryker, Benmor Medical, Etac, Guldmann, Handicare (Mobility division of Handicare has been acquired by Sunrise Medical), Joerns Healthcare, LINET Americas, Mangar Health, Sidhil (acquired by Drive DeVilbiss Healthcare), Stiegelmeyer, and Sunrise Medical (acquired by Nordic Capital).
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook