Patient Handling Equipment Global Market To Reach Value Of $23 Billion In 2025

Check out TBRC’s sale today for

The patient handling equipment market consists of sales of patient handling equipment and related services by entities (organizations, sole traders and partnerships) that manufacture patient handling equipment. They are used for specific lifting, transfer and movement of patients. Patient handling equipment is an assistive device that helps home care and hospital settings for transferring patients between chairs, beds, and other places.

Global Patient Handling Equipment Market Size And Drivers:

The global patient handling equipment market is expected to grow from $14.23 billion in 2020 to $15.57 billion in 2021 at a compound annual growth rate (CAGR) of 9.4%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The patient handling equipment market is expected to reach $23.07 billion in 2025 at a CAGR of 10%. Increasing geriatric population profile of most countries contribute to the growth of the patient handling equipment market.

Request For A Sample For The Global Patient Handling Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3241&type=smp

Trends In The Global Patient Handling Equipment Market

Etac AB, a global company engaged in developing and providing ergonomic assistive devices and patient handling equipment, acquired 70% of shares in HoverTech International, a USA-based company, for an undisclosed amount. This acquisition is expected to strengthen Etac AB’s global position in the moving and handling equipment industry. HoverTech International was established in 1997 and is a manufacturer of air-assisted patient handling technologies.

Global Patient Handling Equipment Market Segments:
The global patient handling equipment market is further segmented –
By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others
By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others
By End-User: Homecare, Hospitals, Biopharmaceutical And Pharmaceutical Companies, Research Institutes, And Others
By Geography: The global patient handling equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Patient Handling Equipment Market At:

Patient Handling Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides patient handling equipment market overviews, analyzes and forecasts market size and growth for the global patient handling equipment market, patient handling equipment market share, patient handling equipment market players, patient handling equipment market segments and geographies, patient handling equipment market’s leading competitors’ revenues, profiles and market shares. The patient handling equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.