The patient handling equipment market is
expected to reach USD 17.18 Billion in 2021 at a CAGR of 10.5%. Factors
driving market growth are rising geriatric population, increasing
incidence of disabilities, high risk of injuries to caregivers during
manual handling of patients, and the implementation of regulations
against the manual lifting of heavy loads. Lack of training provided to
caregivers is the major restraint to market growth.
In
this report, the patient handling equipment market is broadly segmented
on the basis of product, type of care, end user, accessory, and region.
On
the basis of product, the market is segmented into wheelchairs and
scooters, medical beds, bathroom safety supplies, mechanical equipment,
non-mechanical equipment, ambulatory aids, and others (stretchers,
hospital furniture, and evacuation equipment, among others). On the
basis of end users, the patient handling equipment market is segmented
into home care settings, hospitals, elderly care facilities, and other
end users (emergency medical services, long-term acute care, trauma
centers, and nursing homes). The market, by type of care, includes wound
care, fall prevention, critical care, bariatric care, and others (acute
care and long-term care). The accessory segments in this market are
lifting accessories, transfer accessories, evacuation accessories,
hospital bed accessories, and other accessories (toilet seat risers,
bathtub transfer benches, handheld showers, walker trays, walker
platform attachments, and folding walker pouches).
Europe
is expected to account for the largest share of the market in 2016,
with North America estimated to register the highest growth. This is
attributed to government regulations mandating the use of patient
handling equipment in North America.
Major
players in this market are Stryker Corporation (U.S.), Hill-Rom
Holdings, Inc. (U.S.), Invacare Corporation (U.S.), and Getinge Group
(Sweden).
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