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Patient Handling Equipment Market by Product, Type of Care, Accessories & by End User - Forecast to 2021

Patient Handling Equipment Market: Forecast until 2021

  • May 2016
  • 202 pages
  • ID: 3861477
In this report:
In 2016, the wound care segment is expected to account for the largest share of ##.##% of the patient handling equipment market, while the critical care segment will witness the highest growth of ##.##% during the forecast period.
The hospitals segment is expected to account for the largest share of ##.##% of the patient handling equipment market in 2016; this segment is estimated to grow at a CAGR of ##.##% from 2016 to 2021

Summary

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The patient handling equipment market is forecasted to reach ~$17.2B in 2021 at a Compound annual growth rate of 10.50 percent. Patient handling equipment is used to support, transfer, or move a patient. Technological improvements in this field have led to the development of products that are easy to use and prevent musculoskeletal injuries in caregivers.

On the basis of product, the sector is detached 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). The medical beds segment is intended to account for the most important share of the patient handling equipment market in 2016. Increase in this industry segment can be accredited to the growing demand for medical beds in private nursing homes and home care.

On the basis of end users, the patient handling equipment market is broken down 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 hospitals segment is forecasted to dominate the industry, while the home care segment is anticipated to show the more significant rise.

Europe (EU) is forecasted to account for biggest share of the patient handling equipment market 2016. North America continent is anticipated to grow at the more important rate due to the rising incidences of lifestyle diseases and government regulations mandating the use of patient handling equipment. The increase of the Asia-Pacific area is propelled by the quickly increasing patient handling sector and government efforts to preserve the quality standards of products manufactured in the territory.

Why acquiring this study can help you:

From an insight prospect, this market research highlights on several levels of analysis - industry and company descriptions, which together comprise and examine basic views on the competitive landscape; coming out and high-growth segments of the patient handling equipment market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on products provided by the top actors in the patient handling equipment market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the patient handling equipment market

- Industry development: Highlighted information about lucrative emerging markets-the report examines the industries for patient handling equipment across several areas

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the sector

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