Patient Equipment Handling Market

Patient Handling Equipment Market

The global patient handling equipment market in terms of revenue was estimated to be worth $10.4 billion in 2023 and is poised to reach $14.0 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030. The current edition of the report consists of an updated market overview along with updated market assessments across all segments from 2023 to 2030. Additionally, updated industry trends, analysis of the technology, price analysis and patent analysis have been provided in the market overview chapter. The current edition of the report considers an ongoing economic recession and provides an impact of the same on the market size. Detailed qualitative information on the impact of the recession by region has been provided in the regional analysis section. The growth of this market is highly fueled by increasing number of geriatric and obese populations, high risk of injury to caregivers during manual handling of patients, increasing number of patient admissions in hospitals and implementation regulations and guidelines to ensure patient safety. healthcare providers during the manual lifting process. However, lack of training provided to caregivers for proper maintenance of patient handling equipment is a major factor restraining the growth of the market.

Patient Handling Equipment Market Dynamics

Drivers: Growing number of geriatric and obese populations

The number of people aged 60 and over has steadily increased over the years. The elderly population is more prone to fall-related injuries, which can lead to different types of functional disabilities and dependency on mobility equipment. According to the World Health Organization (WHO), by 2030, 1 in 6 people in the world will be 60 or older. As a result, the rapidly growing geriatric population globally will drive the need for patient handling equipment.

Restraints: Lack of training provided to healthcare providers for the efficient operation of patient handling equipment

Healthcare practitioners have spent a large amount of time treating patients at healthcare facilities. Because patients are handled the majority of the time, extensive training programmes are required to improve awareness of safe patient handling and to minimise any danger of injury when handling patients. Lifting patients with special needs such pressure ulcers or burns, as well as bariatric patients, necessitates substantial expertise. If caretakers are not appropriately trained, they may gradually move to manual handling as they get a better understanding of manual handling techniques and find it difficult to use patient lifting equipment. This will, to some extent, hamper the adoption of patient handling equipment.

Opportunities: Increasing demand for home healthcare services

A growing number of government rules and guidelines are being established globally to shorten and reduce the cost of health-care processes. For example, the Centres for Medicare and Medicaid Services (CMS) has launched campaigns to promote nursing homes and home care in order to reduce hospitalisation rates. In general, providing care in a patient's home is less expensive than providing care in a facility, particularly if available informal care is used properly. Furthermore, as new technologies such as remote patient monitoring proliferate, the home care sector is expected to grow dramatically in the next years. As the need for home care increases, so will the demand for the equipment needed to treat patients in home care facilities, such as mobility devices and oxygen concentrators.

Challenges: Improper architectural designs of healthcare facilities

The physical environment plays an important role in providing supportive workplaces for staff in healthcare facilities and promoting the health and well-being of patients. According to the American Nursing Association (ANA), the physical environment can cause movement and positioning restrictions. It includes the design, location and access of facilities, including structures such as ramps and elevators, patient care and procedure rooms, hallways, ramps, flooring materials, size and location of doors, and size and condition of storage rooms. Design decisions should be based on the best available knowledge from research and practice, as well as the evaluation of existing buildings, a process known as evidence-based design.

The patient transfer devices segment is expected to register the highest CAGR in the patient handling equipment market during the forecast period.

Medical beds, mobility devices, patient transfer devices, stretchers and transport chairs, and toilet help equipment are the market segments by type. During the projection period, the patient transfer devices sector is predicted to increase the most. This can be ascribed to a rise in the prevalence of lifestyle disorders such as obesity, a growing demand for home care among the expanding obese population, and an increase in the use of ceiling lifts in bariatric patient handling practises.

The hospital segment accounted for the largest share in the patient handling equipment market in 2021.

By end users, the market is segmented into home care facilities, hospitals, and other end users. Hospital segment accounted for the largest share of the market in 2021. This can be attributed to increasing geriatric population, increasing patient population, increasing number of injuries caused during the treatment process of patients and the surge in the number of people with disabilities.

North America accounted for the second-largest share of the patient handling equipment market in 2021.

North America accounted for the second largest market share. This can be attributed to the growing number of aged care facilities, growing number of hospitals and outpatient centers, increasing geriatric population in the United States and Canada, and high healthcare expenditures.

The patient handling equipment market is dominated by few globally established players such as include Arjo (Sweden), Baxter International Inc. (US), Savaria (Canada), Invacare Corporation (US), Stryker (US), Drive DeVilbiss Healthcare (US), Etac AB (Sweden), GF Health Products, Inc. (US), V. Guldmann A/S (Denmark), Joerns Healthcare LLC (US), Medline Industries, Inc. (US), Prism Medical UK Ltd. (UK), LINET (Czech Republic), Stiegelmeyer GmbH & Co. KG (Germany), Benmor Medical (UK), Malvetio Spa (Italy), EZ Way, Inc. (US).

Patient Handling Equipment Market Report Scope

The study categorizes the patient handling equipment market to forecast revenue and analyze trends in each of the following submarkets

By Type

• Patient Transfer Devices
  • Patient Lifts
    • Ceiling lifts
    • Steel and wheelchair lifts
    • Mobile lifts
    • Sit-to-stand lifts
    • Bath and pool lifts
  • Slings
  • Air-assisted Lateral Transfer Mattresses
    • Reusable air assisted mattresses
    • Single-patient use air assisted mattresses
  • Sliding sheets
  • Accessories
• Medical Beds
  • Medical Beds, By Type
    • Electric Beds
    • Manual Beds
    • Semi-electric Beds
  • Medical Beds, By Application
    • Acute Care
    • Long-term Care
    • Rehabilitation
    • Bariatric Care
• Mobility Devices
  • Wheelchairs and Mobility Scooters
    • Powered Wheelchairs
    • Mobility Scooters
    • Manual Wheelchairs
  • Ambulatory Aids
• Bathroom and Toilet Assist Equipment
• Stretchers and Transport Chairs

By End User

• Hospitals
• Home-care settings
• Other End Users

By Region

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• North America
  • US
  • Canada
• Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

Recent Developments

• Beginning in September 2022, Handicare will offer a broader product portfolio, including the Garaventa Lift series of wheelchair platform lifts, as well as new and upgraded goods such as the 4000 curved stairlifts.
• Invacare will release the Birdie Evo XPLUS, a unique patient lift solution for post-acute care facilities, in May 2022. With its sleek and modern form, it offers unique technology that aids in the comfort and security of patients whether lifting or transferring them to or from a bed, chair, or floor.
• Stryker introduced the Multi-Position MATS Mobile Air Transfer System in March 2022, which keeps patients from slipping during tilt treatments and protects nurses during pre- and post-surgical lateral transfers.
• To assist its healthcare business, Hill-Rom participated in a fireside discussion at the UBS Global Healthcare Virtual Conference in May 2021.