The Patient Lifting Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Patient Lifting Equipment Market?
The market size of patient lifting equipment has seen significant growth in recent years. It is projected to increase from $4.91 billion in 2024 to $5.34 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Patient Lifting Equipment Industry?
The Patient Lifting Equipment Global Market Report 2025 anticipates a strong growth pattern, projecting a market size of $7.4 billion by the year 2029. The compound annual growth rate (CAGR) is expected to be 8.5% over t
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Global Market Segmentation: Identifying Major Patient Lifting Equipment Industry Segments
The patient lifting equipment market covered in this report is segmented –
1) By Type: Bariatric Care, Fall Prevention, Critical Care, Wound Care
2) By Product: Ceiling Lifts, Stair And Wheelchair Lifts, Mobile Lifts, Sit-To-Stand Lifts, Bath And Pool Lifts, Lifting Slings, Lifting Accessories
3) By Weight: Below 250 Lbs, 250-500 Lbs, 500-1000 Lbs, Above 1000 Lbs
4) By End-User: Hospitals And Healthcare Facilities, Nursing Homes And Assisted Living Facilities, Home Healthcare, Rehabilitation Centers, Emergency Responders, Other End-Users
What are the Key Growth Drivers Fueling the Patient Lifting Equipment Market?
The key drivers in the patient lifting equipment marketare:
• Aging global population requiring mobility aid
• Rising prevalence of diseases causing long-term immobility
• Increase in the number of physically disabled individuals
• Growing life expectancy resulting in an increase in elderly care.
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What are the Emerging Trends Shaping the Future of the Patient Lifting Equipment Market?
The key trends in the patient lifting equipment market are:
• The integration of IoT and smart features in patient lifting equipment is an emerging trend.
• Developments in patient handling automation are shaping the market's future.
• The creation of lightweight and compact designs is an upcoming trend in this market.
• There's a notable emphasis on improving battery life and portability of powered lifts, as well as enhancing safety features in modern devices.
Who Are the Top Competitors & Leading Players in the Patient Lifting Equipment Market?
Major companies in the patient lifting equipment market are:
• Medline Industries Inc.
• Stryker Corporation
• Baxter International Inc.
• Arjo AB
• Savaria Corporation
• Drive DeVilbiss Healthcare
• Invacare Corporation
• Joerns Healthcare LLC
• Proactive Medical
• Etac AB
• GF Health Products Inc.
• Prism Medical UK Ltd.
• Handicare Group
• EZ Way Inc.
• V. Guldmann A/S
• SureHands Lift & Care Systems
• Bestcare
• Texas Medical Industries Inc.
• Benmor Medical Ltd.
• Vancare Inc.
• Antano Group.
Regional Dominance: Which Area Leads the Global Patient Lifting Equipment Market?
North America was the largest region in the patient lifting equipment market in 2024
