The global patient handling equipment market size reached USD 10.40 Billion in 2022 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of different diseases, increasing elderly population, and increasing government funding for healthcare are some of the key factors driving revenue growth of the global patient handling equipment market. Advancements in medical technology is another factor boosting growth of this market.
The latest market study, Patient Handling Equipment Market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2024 –2033 .This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report. Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.
How will this Report Benefit you? 
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Patient Handling Equipment market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Patient Handling Equipment. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
Effect of COVID-19 on the global market for Patient Handling Equipment
The COVID-19 pandemic had a significant negative influence on the market for Patient Handling Equipment in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Patient Handling Equipment were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Patient Handling Equipment in 2020. Additionally, demand for Patient Handling Equipment decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Patient Handling Equipment market : Competitive Landscape
The prominent players operating in the Patient Handling Equipment market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Patient Handling Equipment market .
Medtronic, Stryker, Joerns Healthcare LLC., Handicare Inc., Prism Medical Products, LLC, Stiegelmeyer GmbH & Co. KG, GF Health Products, Inc., Etac AB., Arjo, Lepu Medical Technology (Beijing) Co., Ltd
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the Global Patient Handling Equipment Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.
Based on types, the market is segmented into
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Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Ambulatory aids
- Patient lifts
- Stretchers and wheelchairs
- Medical beds
- Slings
- Others
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Care Outlook (Revenue, USD Billion; 2019-2032)
- Accessory
- Lifting
- Transfer
- Wound care
- Critical care
- Others
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End-Use Outlook (Revenue, USD Billion; 2019-2032)
- Hospitals and clinics
- Ambulatory services
- Others
Regional Outlook :
The growth of the Patient Handling Equipment Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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