The patient handling equipment market is estimated to represent a global market of USD 9.87 billion by 2016 with growth rate of 12.2%. Medical equipment is a core component in effectively moving and handling patients and to improve quality of patient care. This equipment comprises of medical chairs, medical scooters, slings and others. High risk with the handling of patients manually have stimulated the growth of advanced patient handling equipment worldwide. Manual lifting of patients involves pushing, pulling, carrying and moving of heavy loads. This involves high risk of injury to patients as well as caregivers. Rising incidence of injuries due to manual lifting is anticipated to drive the demand for safe patient handling equipment in the coming years. The associated risks involved in handling patients manually increases need for high safety products thereby increasing the overall product sales of the patient handling equipment. Increasing geriatric population coupled with rising incidence of disability problems are also expected to drive the market growth to significantly. In addition, obesity also decreases patient mobility to a certain extent and hence needs assistance, thereby increasing the demand for patient handling equipment.
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The global patient handling equipment is classified in terms of products and end use. Product segment is categorized as Wheelchairs, Medical Scooters, Mechanical Scooters, Non-Mechanical Scooters, Ambulatory Aids and Other Patient Handling Equipment. Wheelchairs are the largest revenue generating market segment, accounted for more than 26% of the total market. Advancement in technologies coupled with associated benefits of powered wheelchairs supported the market growth. For example, powered wheelchairs offer durability and stability and enable patient movement without the use of lifts. However, training is extremely necessary to educate caregivers about the mechanism and functioning of patient handling products and its operations for their effective use. However, the lack of adequate training staff provided by very few organizations & companies is hampering the growth of the patient handling market.
In terms of Care Type, the market is categorized as Critical Care, Fall Prevention, Bariatric Care, Wound Care and Other Care Type. With the rising incidence of lifestyle-associated diseases, the demand for bariatric care has likewise risen. Around, 21% share of the global market is captured by fall prevention. According to the Centers for Disease Control and Prevention (CDC) in the U.S., yearly 2 million cases of fall-related injuries are treated in the emergency department. End Use segment is categorized as Home Care, Elderly Care and Hospital Settings.
Regionally, the market is divided into North America, Europe, Asia Pacific and Rest of the World. Developed regions such as North America and Europe recorded highest share of the global market. Europe is considered to be the big market of the overall patient handling equipment in 2016. This is due to the rising presence of large healthcare facilities, trained professionals, and demand for innovative and better services coupled with supportive regulations ensuring patient handling safety. On other side, developing regions such as Asia Pacific and Latin America is growing at constant growth rate over the forecast period. Increasing incidence of disabilities and occupational injuries amongst healthcare workers across region is presumed to be responsible for propelling the regional growth. The global patient handling equipment market is consolidated in nature. Major players such as Getinge Group, Invacare Corporation, and Stryker Corporation dominated the market.
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The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.
The years considered for the study are:
Historical Year – 2014 & 2015
Base Year – 2015
Estimated Year – 2016
Projected Year – 2025
Traders, Distributors, And Suppliers
Government and Regional Agencies and Research Organizations
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCTS
Other Patient Handling Equipment
MARKET, BY CARE TYPE
Other Care Type
MARKET, BY END USE
MARKET, BY REGION
Rest of the World
MARKET, BY COUNTRY
Further Breakdown of The North America Market
Further Breakdown of The Europe Market
Rest of Europe
Further Breakdown of The APAC Market
Rest of APAC
Further Breakdown of The Rest of the World Market
Middle East and Africa
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