Market Overview:

The market for Patient Handling Equipment was valued at approximately USD 11.21 billion in 2023. Over the course of the forecast period (2024–2031), it is expected to increase at a compound annual growth rate (CAGR) of 6.1%, reaching a valuation of USD 17.29 billion by 2031.

Healthcare workers might safely transfer, organize, and care for patients with mobility limits or medical conditions with the help of a wide range of goods and services offered by the constantly expanding worldwide patient handling equipment market. Factors like the growing elderly population, the prevalence of chronic diseases, and the increased awareness of patient safety and comfort are driving this market. Mobility aids, hospital beds, slings, stretchers, transfer aids, and elevators are examples of patient handling equipment. These creative approaches seek to improve overall healthcare results, lessen the risk of injury to patients and caregivers, and improve patient comfort.

The market is experiencing a significant technological advancement as motorized systems, ergonomic designs, and clever features are combined to simplify patient handling processes. Additionally, the usage of electric and hydraulic equipment is expanding due to its effectiveness and user-friendliness. North America has long been the industry leader because to its advanced healthcare system, favorable reimbursement policies, and high levels of awareness. However, it is projected that the Asia-Pacific region would see substantial development due to rising healthcare spending, an aging population, and more awareness of healthcare issues. Major competitors in the business are focusing on product innovation, strategic partnerships, and mergers and acquisitions to gain a competitive edge and strengthen their market position. Healthcare facilities and caregivers continue to place a high priority on patient safety, comfort, and effective handling techniques, which is expected to fuel significant expansion in the global market for patient handling equipment.

Market Dynamics:

Market Drivers:

Increasing Prevalence of Chronic Diseases and Malnutrition

• The global elderly population is driving growth in the patient handling equipment market. The incidence of chronic illnesses & age-related ailments is rising as populations age, that affects senior people's mobility and mobility. This condition, neurological problems, and arthritis are a few conditions that can limit movement and make it difficult for people to carry out daily tasks on independently. Patient handling tools, including lift systems, aids for movement, & transfer devices, is essential for enabling patients with mobility problems and the elderly to move around safely and effectively. The increasing desire to increase patient comfort, lower the risk of injury from falls, and raise the standard of care for senior citizens in healthcare, assisted living, & home care settings is driving up demand for patient handling equipment.

Emphasis on Workplace Safety and Injury Prevention

• The increased emphasis on work safety and injury prevention in healthcare settings. Manual patient handling procedures, such as lifting, transporting, and repositioning, put healthcare personnel, especially nurses, assistants in nursing, or caregivers, at high risk for injuries to the muscles and ergonomic-related diseases. Healthcare professionals may have back strains, injuries, and other occupational dangers as a result of insufficient supplies or even incorrect lifting practices. This can result in missed work, tardiness, and higher healthcare costs. In order to mitigate these risks and improve worker wellbeing, healthcare facilities are investing in ergonomic handling solutions and safe patient handling efforts. Patient handling tools, such as overhead lifts, sit-to-stand help, and transfer devices, enables healthcare staff to perform patient handling tasks safely and effectively. This encourages healthcare settings to have an atmosphere of safety & injury prevention. The emphasis on worker safety encourages innovation & market expansion in the worldwide patient handling devices market, which drives the use of patient handling tools and solutions.

Market Trends:

Integration of Technological Innovations

• The development of innovations to improve the efficiency, security, and use of equipment for healthcare treatment. The monitoring in real time, feedback, and support during patient transfers and mobility activities can now be obtained with smart patient handling systems thanks to advancements in robotics, automation, and sensor technology. For example, to maximize patient comfort and caregiver safety, ceiling-mounted patient lifts with motorized controls and sophisticated sensors can automatically modify the lifting speed, position, and trajectory. The same characteristics that improve user independence and navigation are found in electric wheelchairs in and mobility aids, such as obstacle recognition, collision avoidance, or remote-control functionality. The technology provides handling patient equipment more functional and efficient. It also provides data-driven evaluations and suggestions for improving performance, doing routine upkeep, and educating patients in healthcare institutions. In order to optimize workflow efficiencies and improve patient care outcomes, healthcare institutions are expected to continue to drive market growth and innovation in the global patient handle equipment’s market through the implementation of technologically advanced patient handling solutions.

Focus on Ergonomic Design and User Comfort

• The growing focus on user comfort and ergonomic design while creating patient handling solutions. Healthcare equipment manufacturers are aware of how important it is to build tools that lessen patients' and carers' strain on their bodies, fatigue, and discomfort when performing mobility & transfer tasks. Ergonomic concepts including height adjustment, user-friendly controls, padded surfaces, and ergonomic handles are given top priority by manufacturers of patient handling equipment in order to encourage healthy body mechanics and lower the risk of injuries to the musculoskeletal system amongst healthcare personnel. Furthermore, patient comfort features that assist and uphold patient dignity & well-being during transferring and positioning operations include curved surfaces, supporting padding, and breathable materials. The user experiences are often enhanced by these features. Hospitals are providing funding for staff training programs, ergonomic assessment plans, and device selection criteria in order to guarantee that patient care solution adhere to ergonomic regulations and best practices. Since manufacturers and healthcare providers place a high value on ergonomic design and user comfort to improve caregiver satisfaction, outcomes for patients, or overall safety when handling patient environments, the need for practical handling of patient’s equipment is driving the global market for this equipment.

Market Restraining Factors:

High Initial Investment Costs

• The expensive initial outlay needed for the acquisition, setup, and upkeep of equipment used for patient handling. Healthcare facilities and institutions frequently need to make significant upfront capital investments in order to purchase high-quality patient handling equipment, such as powered wheelchairs, ceiling lifts, and transfer slings. The initial financial requirements are further increased by the setting up of specialized facilities such as lift mechanisms and track systems located on ceilings. Adoption of patient handling equipment may be severely hampered financially by the high cost of acquisition for clinics, smaller healthcare facilities, or facilities with tighter budgets. Furthermore, over time, the total cost of operation is increased by the continuing maintenance, replacement, and repair expenses related to patient handling equipment. The high initial investment prices in patient handling equipment may discourage healthcare providers from adding to or upgrading their stock, which would restrict market acceptance and growth in the global patient managing equipment market.

Key Industry Developments:

• In September 2022, the wheelchair platform lift line from Garaventa Lift is part of Handicare's expanding product line. They also unveiled enhanced and innovative items, like the 4000 curved stairlifts.
• In May 2022, For post-acute care environments, Invacare unveiled the Birdie Evo XPLUS, a cutting-edge patient lift system. In order to improve comfort and security during patient lifting and transfers, the Birdie Evo XPLUS boasts a sleek, contemporary appearance and cutting-edge technology.

Report Coverage:

The report will cover the qualitative and quantitative data on the global Parenteral Nutrition Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations:

Patient Handling Equipment Market Players Analysis:

• Prism Medical
• Getinge Group
• Invacare Corporation
• Stiegelmeyer & Co. GmBH
• Hill-Rom Holdings Inc.
• Linet Spol. S.R.O.
• Arjo
• Guldmann Inc.
• Stryker Corporation
• Joerns Healthcare
• Handicare Group AB
• HoverTech International
• Drive DeVilbiss Healthcare
• Etac AB
• Mangar Health
• Sunrise Medical LLC
• Antano Group
• Joerns Healthcare Ltd.
• Hoyer Global Group
• Paramount Bed Holdings Co., Ltd.

Patient Handling Equipment Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Patient Handling Equipment Market Segmentation Analysis:

By Type

• Repositioning aids
• Hoists
• mechanical lifting
• beds
• stretchers
• others

By Application

• Acute care
• mobility support
• fall prevention
• others

The report also helps in understanding Global Patient Handling Equipment Market dynamics, structure by analyzing the market segments, and project the Global Patient Handling Equipment Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Patient Handling Equipment Market make the report investor’s guide.

Segmentation Analysis:

The market scope is segmented because of by Type, by Application.

By Type

Based on the Type of the market is Categorised into Repositioning aids, hoists, mechanical lifting, beds, stretchers and others.

Beds are the most popular category of patient handling equipment on the global market. Because they offer comfort, support, and simplicity of placement and mobility, beds are essential to patient care. Contemporary amenities such as electronic controls, height adjustability, and pressure redistribution surfaces improve patient comfort and lower the risk of pressure ulcer development. The commercial value of beds is further increased by features like Trendelenburg positions, lateral rotation, and integrated scales. The bed industry controls the majority of the worldwide market for patient handling equipment as a result of an increase in hospital admissions and a growing desire for better patient care.

The patient handling equipment market category with the fastest growing of expansion globally is mechanical lifting devices. Due to their ability to safely and effectively facilitate patient transfers and mobility, patient lifts and other mechanical lifting devices are in high demand. Those with restricted mobility or those who require assistance with daily duties will find these devices especially useful. Their purpose is to lower the possibility of harm to patients and caregivers while transferring. The market for mechanical lifting devices is growing quickly because of things like the growing emphasis on patient safety, the rise in the prevalence of chronic illnesses, and the growing use of advanced lifting solutions in healthcare environments. These gadgets are becoming more and more popular because of their benefits, which include better ergonomics, ease of use, and less physical strain on caretakers.

By Application

Based on the Application of the market is categorised into Acute care, mobility support, fall prevention and others.

Based on application, acute care represents the largest market segment for patient handling equipment globally. A wide variety of patient handling equipment is needed by acute care institutions, including hospitals and emergency rooms, in order to handle critically sick patients, carry out medical treatments, and guarantee effective patient flow. Specialized beds, patient lifts, transfer assistance, and stretchers are examples of patient handling equipment used in acute care settings that help medical staff manage patients with complicated medical demands in a safe and efficient manner. The rising number of hospital admissions, the rising incidence of chronic illnesses, and the need for better patient outcomes and safety are some of the factors driving the demand for patient handling equipment in acute care.

The patient handling equipment market segment with the fastest rate of growth globally, based on application, is fall prevention. Prevention of falls is critical in healthcare settings, particularly for elderly and immobile patients. Patient handling equipment is necessary to reduce falls and fall-related injuries. This category includes bed alarms, gait belts, patient positioning aids, and mobility aids with fall prevention features. A few of the factors driving this market's growth are the aging population, the implementation of fall prevention programs in healthcare facilities, and the growing concern about patient safety. Improved patient care, fewer injuries from falls, and reduced healthcare costs are the goals of these initiatives. The market for patient handling equipment is seeing a rapid increase of this category due in part to the growing focus on preventive measures and the rise of innovative fall prevention technology.

Regional Snapshots:

By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. North America holds a significant share of the market because of factors including its advanced healthcare infrastructure, large spending on healthcare, and keen awareness of patient safety and treatment quality. The area has a long history of using patient handling technology, and a wide range of products and services are conveniently available. Government initiatives to improve healthcare facilities and favorable reimbursement policies further solidify North America's market supremacy.

Asia Pacific is the area with the fastest rate of growth in the global market for patient handling equipment. The Asia Pacific region is experiencing strong growth as a result of growing healthcare spending, an aging population, and increased knowledge of patient handling equipment. As they make investments in enhancing healthcare infrastructure and increasing access to high-quality healthcare services, nations like China, India, and Japan are experiencing notable market expansion. The need for patient handling equipment in the region is also being driven by the increasing prevalence of chronic diseases and the requirement for effective patient handling solutions in hospitals and long-term care facilities. The market for patient handling equipment is expanding quickly in the Asia Pacific area due to the increased emphasis on patient safety and enhancing healthcare outcomes.

Patient Handling Equipment Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.

The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Patient Handling Equipment Market valued?
• Which region has the largest share in 2024 for the global Patient Handling Equipment Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Patient Handling Equipment Market:

• Historic year: 2018- 2022
• Base year: 2023
• Forecast: 2024 to 2031
• Representation of Market revenue in USD Million

Patient Handling Equipment Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: