Patient Handling Equipment Market: Trends, Opportunities and Competitive Analysis

Trends, opportunities and forecast in patient handling equipment market to 2024 by product (wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids, and others), application (bariatric care, fall prevention, critical care, wound care, and others), end user (home care, hospitals, elderly care facilities and others), and region (North America, Europe, Asia-Pacific, Rest of the World).

Publisher: Lucintel Published: June 2020
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Patient Handling Equipment Market: Trends, Opportunities and Competitive Analysis

Report Feature

The future of the patient handling equipment market looks promising with opportunities in the home care, hospitals, and elderly care facilities. The global patient handling equipment market is expect

ed to grow with a CAGR of 11% from 2019 to 2024. The major growth drivers for this market are rising geriatric population, increasing incidence of disabilities, and high risk of injuries to caregivers during manual handling of patients.

A report of more than 150 pages is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of patient handling equipment market report download the report brochure



Patient Handling Equipment Market by Segments

Patient Handling Equipment Market Trends and Forecast

Patient Handling Equipment Market Share
 


The study includes the patient handling equipment market size and forecast for the global patient handling equipment market through 2024, segmented by product, application, end user, and region as follows:

By Product [$M shipment analysis for 2013 – 2014]:
  • Wheelchairs and Scooters
  • Medical Beds
  • Bathroom Safety Supplies
  • Mechanical Equipment
  • Non-mechanical Equipment
  • Ambulatory Aids
  • Others

By Application [$M shipment analysis for 2013 – 2024]:
  • Bariatric Care
  • Fall Prevention
  • Critical Care
  • Wound Care
  • Others

By End User [$M shipment analysis for 2013 – 2024]:
  • Home Care
  • Hospitals
  • Elderly Care Facilities
  • Other End User

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
  • Asia-Pacific
    • China
    • India
    • Japan
  • Rest of the World
    • Brazil

Some of the patient handling equipment companies profiled in this report include Stryker, Hill-Rom Holdings, Invacare, Prism Medical, Getinge Group, Guldmann, Linet Spol, Stiegelmeyer, and Handicare.

Some of the features of "Global Patient Handling Equipment Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include
  • Market size estimates: Global patient handling equipment market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region.
  • Segmentation analysis: Global market size by various applications such as by product, application, end user, and region.
  • Regional analysis: Global patient handling equipment market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for patient handling equipment in the global patient handling equipment market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for patient handling equipment in the global patient handling equipment market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
4.2.1 Market by Product: Wheelchairs and Scooters, Medical Beds, Bathroom Safety Supplies, Mechanical Equipment, Non-mechanical Equipment, Ambulatory Aids, and Others 4.2.2: Market by Application: Bariatric Care, Fall Prevention, Critical Care, Wound Care, and Others 4.2.3: Market by End User: Home Care, Hospitals, Elderly Care Facilities, and Other End User
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: Stryker 7.2: Hill-Rom Holdings 7.3: Invacare 7.4: Prism Medical 7.5: Getinge Group 7.6: Guldmann 7.7: Linet Spol 7.8: Stiegelmeyer 7.9: Handicare

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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Key Questions

  • What are some of the most promising potential, high-growth opportunities for the global patient handling equipment market by product (wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids, and others), application (bariatric care, fall prevention, critical care, wound care, and others), end user (home care, hospitals, elderly care facilities and others), and region (North America, Europe, Asia-Pacific, Rest of the World(ROW))?
  • Which segments will grow at a faster pace and why?
  • Which regions will grow at a faster pace and why?
  • What are the key factors affecting market dynamics? What are the drivers and challenges of the patient handling equipment market?
  • What are the business risks and threats to the patient handling equipment market?
  • What are emerging trends in this patient handling equipment market and the reasons behind them?
  • What are some changing demands of customers in the patient handling equipment market?
  • What are the new developments in the patient handling equipment market? Which companies are leading these developments?
  • Who are the major players in this patient handling equipment market? What strategic initiatives are being implemented by key players for business growth?
  • What are some of the competitive products and processes in this patient handling equipment area and how big of a threat do they pose for loss of market share via material or product substitution?
  • What M and A activities have taken place in the last 5 years in this patient handling equipment market?
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