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Patient Handling Equipment Market by Product (Wheelchairs and scooters, Medical beds, Mechanical lifting & transfer equipment, Ambulatory aid devices, Bathroom safety supplies, Others), by Application (Acute & critical care, Long term care, Mobility assistance, Fall prevention, Others), by End-use (Hospitals, Home care settings, Elderly care facilities, Others), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain), by Asia Pacific (Japan, China, India, Australia), by Latin America (Brazil, Mexico), by Middle East & Africa (Saudi Arabia, South Africa, UAE) Forecast 2025-2033
The size of the Patient Handling Equipment Market market was valued at USD 25.5 Billion in 2024 and is projected to reach USD 31.15 Billion by 2033, with an expected CAGR of 2.9% during the forecast period. The Patient Handling Equipment Market is growing very rapidly through the increasing global geriatric population, rising incidence rate of chronic diseases, and improvement in healthcare infrastructure. Patient handling equipment, which constitutes equipment that has been fashioned to help healthcare professionals move patients, is a leader in preventing patient as well as caregiver injury. Such equipment includes hoists, slings, wheelchairs, patient lifts, and stretchers, to name a few. With further emphasis on enhanced patient safety and care in hospitals, long-term care facilities, and home healthcare environments, the demand for products is again stimulated. The functionality and ease of use of patient-handling devices have been improved through several technological developments, including motorized lifts and automated mobility aids. The increasing trend of home healthcare, due to the growing preference for at-home care among elderly patients, is also significantly contributing to market expansion. The market is also influenced by stringent regulations concerning patient safety and the need to comply with healthcare standards. However, the high costs associated with advanced equipment and the challenge of maintaining proper training for healthcare professionals in using these devices are some of the challenges in the market. Despite these challenges, the increasing focus on improving healthcare systems and rising awareness about patient safety continue to drive market growth.
The market is moderately concentrated, with leading players accounting for a significant market share. Innovation and product differentiation are key characteristics of the market. End-user concentration is high, with hospitals being the primary users of patient handling equipment.
Key market trends include the increasing use of robotic patient lifts, the integration of sensors and IoT devices, and the adoption of ergonomic design principles. Home care settings are witnessing significant growth, driven by the increasing number of elderly and disabled individuals.
North America holds the largest market share, primarily due to the high demand for healthcare services and technological advancements in the region. Hospitals are the dominant end-use segment, followed by home care settings.
This report provides comprehensive analysis of the market, including market size, market share, growth, key trends, drivers, restraints, and challenges. It also includes detailed segmentation and regional insights.
The market size is expected to reach USD 32.5 billion by 2030. The largest share of the market is held by mechanical lifting and transfer equipment. Long-term care is the fastest-growing application segment.
[Recent industry developments and news articles]
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.9% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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