Stretcher Market Report: Trends, Forecast and Competitive Analysis
The future of the global stretcher market looks promising with opportunities in hospital, clinic and ambulance facilities. The global stretcher market is expected to reach an estimated $2 billion by 2023 and is forecast to grow at a CAGR of 5.9% from 2018 to 2023. The major growth drivers for this market are increasing number of hospitals and ambulance facilities, increasing number of patients with disabilities, accidents, chronic diseases, and the growing geriatric population.
Emerging trends, which have a direct impact on the dynamics of the stretcher industry, include the increasing use of advanced hospital stretchers and increasing use of motorized stretchers.
A total of 147 figures / charts and 103 tables are provided in this 203 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this stretcher market report, download the report brochure.
stretcher market by product
market share analysis
The study includes the stretcher market size and forecast for the global stretcher market through 2023, segmented by product, technology, application, end user, and region, as follows:
Stretcher Market by Product Type [Value ($ Million) and Volume (Thousand Units) from 2012 to 2023]:
Fixed Stretchers Adjustable Stretchers Stretcher Chairs
Stretcher Market by Technology Type [Value ($ Million) from 2012 to 2023]:
Non-Motorized Stretchers Motorized Stretchers
Stretcher Market by Application [Value ($ Million) from 2012 to 2023]:
Emergency and Transport Stretchers Pediatric Stretchers Radiology Stretchers Bariatric Stretchers Procedural Stretchers OB/GYN (Obstetrics and Gynecology) Stretchers
Stretcher Market by End User [Value ($ Million) from 2012 to 2023]:
Hospital Clinic and Ambulance Facilities
Stretcher Market by Region [Value ($ Million) from 2012 to 2023]:
North America United States Canada Mexico Europe Germany United Kingdom Italy Spain APAC China India Japan ROW Brazil
Some of the stretcher companies profiled in this report include Stryker Corporation, Hill-Rom Holdings Inc., Fu Shun Hsing Technology Co. Ltd. Getinge Group, and Medline Medical Equipment, Inc. and others.
On the basis of comprehensive research, Lucintel forecasts that adjustable stretchers are expected to witness significant growth over the forecast period.
By technology type, the global stretcher market is segmented into motorized stretchers and non-motorized stretchers. The non-motorized stretcher segment is expected to dominate over the forecast period, as they are highly affordable and do not require skilled caregivers to handle patients as is the case with motorized stretchers.
North America is expected to remain the largest market over the forecast period because of its well-developed healthcare infrastructure.
Some of the features of “Stretcher Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global stretcher market size estimation in terms of value ($M) and volume (Thousand Units) shipment.Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.Segmentation analysis: Global stretcher market size by various applications such as product, technology, application, and end user in terms of value and volume shipment.Regional analysis: Global stretcher market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.Growth opportunities: Analysis on growth opportunities in different applications and regions of stretcher in the stretcher market.Strategic analysis: This includes M&A, new product development, and competitive landscape of stretcher in the stretcher market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report addresses the following key questions:
Q.1 What are some of the most promising growth opportunities for the global stretcher market by product (fixed stretchers, adjustable stretchers, and stretcher chairs), technology (non-motorized stretchers and motorized stretchers), application (emergency and transport stretchers, pediatric stretchers, radiology stretchers, bariatric stretchers, procedural stretchers, and OB/GYN (obstetrics and gynecology) stretchers), end user (hospital and clinic and ambulance facilities), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this stretcher market?
Q.5 What are the business risks and competitive threats in this stretcher market?
Q.6 What are the emerging trends in this stretcher market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the stretcher market?
Q.8 What are the new developments in the stretcher market and which companies are leading these developments?
Q.9 Who are the major players in this stretcher market? What strategic initiatives are being taken by key players for business growth?
Q. 10 What M & A activity has occurred in the last 5 years in this stretcher market?
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