Patient Handling Equipment Market - Global Industry Trends And Forecast 2015 - 2023

Work related musculoskeletal disorders are common among the healthcare staff in hospitals and nursing homes. Back injuries and shoulder strains are of primary concern among the nursing staff which can be debilitating for the health of healthcare staff. Primary reason for such disorders is improper patient handling while transferring, repositioning or lifting the patients. Implementation of proper lifting methods may achieve considerable success in reducing work-related injuries and the associated costs. There are different techniques of handling patients which includes manual transfer methods, using small patient handling aids and large patient handling aids.

The global patient handling equipment market is categorized based on the product type, accessories, end-user and type of care. Product types include wheelchairs, scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, and ambulatory aids and accessories. Medical beds are in substantial use for patient handling purpose. Safe and easy transfer of patient from one place to another in hospital or nursing home is possible through medical beds. Accessories include lifting accessories, transfer accessories, evacuation accessories, stretcher accessories, and hospital bed accessories. By end-user the global patient handling equipment market is analyzed as home care, hospital and elderly care. Patient handling equipment finds major application in hospitals as they have the need and financial capability to buy products in bulk. However, in order to decrease stress on patients especially the elderly patients, the market for home care is increasing. Home care services generate the demand for patient handling equipment. 

Similarly, by type of care the global patient handling equipment market is categorized as bariatric care, critical care, wound care and fall prevention. Higher number of geriatric patients being admitted to the intensive care units (ICU) has led the critical care segment lead the global patient handling equipment market by care type. Moreover, with rising population of geriatric patients the critical care segment will be growing at an attractive growth during the forecast period.

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The global patient handling equipment market is analyzed in four major regions - North America, Europe, Asia Pacific and Rest of the World. Europe accounts for the larger share of the global patient handling equipment market while North America holds significant potential for growth during the forecast period owing to the untapped potential present in this region. According to the National Association for Home Care & Hospice, about 12 million individuals received at-home care from 33,000 healthcare providers in the U.S. in 2010. Increasing number of hospitals and nursing homes in emerging economies in the Asia Pacific region is expected to drive the market for patient handling equipment.

Increasing geriatric population base and incidence of lifestyle disorders such as diabetes and cardiovascular disorders giving rise to disabilities is driving the demand for patient handling equipment. Besides, regulations to reduce the number of hospital admissions and hence the number of hospital stays has led to an increase in demand for patient handling equipment in nursing homes and old age homes. 

Some of the major players present in the global patient handling equipment market include Stryker Corporation, Hill-Rom Holdings, Inc., Prism Medical, Getinge Group, Invacare Corporation, Guldmann Inc., Stiegelmeyer & Co. GMBH, Joerns Healthcare, Handicare, and Linet Spol. S.R.O. The global patient handling equipment market has intense competition with many small payers present in the medical beds, wheel chairs market, and accessories.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of 

• Market growth drivers 
• Factors limiting market growth
• Current market trends 
• Market structure
• Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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