The Patient Handling Equipment Market size was estimated at USD 10.94 billion in 2023 and is expected to reach USD 17.85 billion By 2031 at a CAGR of 6.3% during the forecast period of 2024-2031.
In addition, the implementation of government laws to guarantee carers' safety during manual lifting procedures and the sharp increase in hospital admissions are anticipated to fuel the sector's growth over the projection period. For instance, the National Institute of Occupational Safety and Health has established Recommended Weight Limit recommendations for the effective treatment of patients in a medical facility and to lower the risk of practitioner injury.
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The demand for these medical systems is also being fueled by the regulations established by regulatory organisations like the CDC, EU-OSHA, and WSHC. Additionally, there is a growing market for gadgets for the efficient care of musculoskeletal problems, which impact more than 1.5 billion people globally. Additionally, there will be tremendous development potential due to the growing demand for and use of these systems in emerging nations. There is still a sizable untapped market in various nations, even though the forecast for the global patient handling equipment market is expanding significantly in emerging economies. The major firms are expanding into unexplored markets in the APAC area as a result of the rapid economic expansion and rising number of government initiatives.
The markets in nations like China and India have enormous growth potential because of the rapid expansion of their healthcare sectors. Additionally, the substantial populations and developing healthcare systems are luring medical device producers to locate their manufacturing facilities in these nations. Additionally, producing medical device products in poor nations tends to lower the overall cost of production, bringing down the price of the goods without sacrificing quality.
DRIVERS
Increasingly older and obese populations
Over time, there has been a steady increase in the population of those 60 and older. The elderly are more vulnerable to injuries from falls, which can result in various functional limitations and a dependency on mobility aids. The World Health Organisation (WHO) predicts that by 2030, one in six people will be 60 years of age or older. Therefore, a significant increase in the number of elderly people worldwide will increase the demand for patient management equipment.
RESTRAIN
Lack of instruction given to healthcare professionals regarding the proper use of patient handling equipment
The time that healthcare professionals spent on patient handling tasks in various healthcare facilities was considerable. Since patient handling takes up the bulk of time, it's critical to put in place efficient training programmes to raise knowledge of safe patient handling practises and reduce the possibility of accidents while handling patients. When lifting patients with particular conditions, such as those with pressure sores or burns, as well as bariatric patients, training is crucial. If carers aren't properly trained, they could transport patients more slowly.
OPPORTUNITY
Demand for home healthcare services is rising
Government rules and regulations are being put into place on a global scale to shorten and lower the cost of medical treatments. In general, giving care at the patient's home is less expensive than doing so in a facility, particularly if the informal care that is already available is effectively utilised. Furthermore, the home care market is anticipated to have considerable expansion in the next few years due to the proliferation of innovative technologies, such as remote patient monitoring. In the future, there will be a rise in the need for equipment such as mobility aids, patient transfer devices, and medical beds that is necessary for treating patients in home care settings.
CHALLENGES
Aesthetically unsound healthcare facility designs
In order to provide supportive workspaces for workers in healthcare settings and advance patients' health and well-being, the physical environment is crucial. The physical environment might limit motion and positioning, according to the American Nursing Association (ANA). Structures like ramps and lifts, patient care and procedure rooms, hallways, ramps, floor materials, door sizes and locations, and the size and condition of storage rooms are all included in the design, placement, and access of the facility. It also includes the location of the facility. Evidence-based design is a method that bases design decisions on the best information currently available from research and practise, as well as the assessment of existing structures.
Financial Uncertainty Conflict and geopolitical tension can cause economic uncertainty, which can undermine consumer and corporate confidence. Patient handling equipment purchases by healthcare organisations can become more cautious, which could stall the market or reduce demand. Budget restrictions brought on by unpredictable economic conditions may have an impact on hospitals' purchasing selections.
Export and Import Restrictions Export and import limitations may be the outcome of trade disputes and conflict. The transportation of patient handling equipment and associated parts may be affected if nations apply sanctions or embargoes. This may restrict the supply of particular goods in particular areas, sometimes leading to shortages or higher prices. World Market Attitude Geopolitical unrest may have an effect on investor confidence and the general market mood. Healthcare providers' capacity to invest in new equipment and their ability to maintain their financial stability could be impacted by stock market movements and currency depreciation.
IMPACT OF ONGOING RECESSION
Reduced Healthcare Costs Budget restrictions are a common occurrence during a recession for governments, healthcare organisations, and private citizens. Patient handling equipment investments may decline if healthcare spending is cut or shifted to vital services. Hospitals and healthcare facilities can postpone or reduce their plans to buy equipment, which would impact market demand. Healthcare facilities have the option of postponing or delaying capital expenditures, such as the acquisition of new patient handling equipment. Reduced sales for this equipment's producers and suppliers may result from this. Spending priorities for hospitals and clinics may include hiring staff, purchasing pharmaceuticals, and purchasing basic medical supplies. Economic Downturns Can Put Financial Stress on Healthcare providers. Economic downturns can put financial stress on the industry. Tighter budgets could result from declining patient volumes, difficulties with payment, and increased expenditures.
Innovation and development are impacted Budget cuts brought on by the recession may have an impact on the industry of patient handling equipment's research and development. Budgets for R&D may be cut or redirected by manufacturers, which could delay the release of novel and creative products. Supply-Chain Breakdowns Global supply chains may be disrupted by a recession, which could cause delays in the manufacture and delivery of patient handling equipment. It may be difficult for manufacturers to find raw materials and components, which will limit their ability to satisfy customer needs. Consumer Behaviour Changes During a Recession, Patients and Healthcare Professionals may Become More Price Sensitive. This could result in a rise in the demand for cost-efficient or affordable patient handling solutions, which could have an impact on the market for more expensive or high-end equipment.
By Type
Patient Transfer Devices
Patient Lifts
Ceiling lifts
Steel and wheelchair lifts
Mobile lifts
Sit-to-stand lifts
Bath and pool lifts
Slings
Air-assisted Lateral Transfer Mattresses
Reusable air assisted mattresses
Single-patient use air assisted mattresses
Sliding sheets
Accessories
Medical Beds
Medical Beds, By Type
Electric Beds
Manual Beds
Semi-electric Beds
Medical Beds, By Application
Acute Care
Long-term Care
Rehabilitation
Bariatric Care
Mobility Devices
Wheelchairs and Mobility Scooters
Powered Wheelchairs
Mobility Scooters
Manual Wheelchairs
Ambulatory Aids
Bathroom and Toilet Assist Equipment
Stretchers and Transport Chairs
By End User
Hospitals
Home-care settings
Other End Users
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSES
Due to its advanced healthcare infrastructure, high healthcare spending, and growing emphasis on patient injury prevention, North America is predicted to have a relatively larger share of the global market for patient handling equipment. Due to its greater patient population, expanding healthcare infrastructure, and longer hospital stays, Asia-Pacific is predicted to have a significantly higher CAGR.
In 2023, Europe had the largest market with a $5 billion valuation. This is largely attributed to the rise in activities done by both government and non-government organisations regarding the implementation of patient management apparatus in various medical facilities. Furthermore, the regional market is expanding as a result of the presence of significant and important players and their numerous strategic initiatives, including product launches, alliances, partnerships, collaborations, mergers, and acquisitions.
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The major players are Invacare Corporation, Sunrise Medical (US) LLC, Permobil AB, Medline Industries Inc, Yuwell-Jiangsu Yuyue medical equipment & supply Co. Ltd., Ottobock SE & Co KGaA, Pride Mobility Products Corporation, MEYRA GmbH, Hoveround Corporation, MATSUNAGA MANUFACTORY Co. Ltd., Ki Mobility, Etac AB and others
Handicare: In Sep 2022, Handicare has a wider range of goods available, such as the 4000 curved stairlifts and the Garaventa Lift line of wheelchair platform lifts.
Birdie Evo XPLUS: In May 2022, Birdie Evo XPLUS, an avant-garde patient lift system for post-acute care facilities, was introduced by Invacare. It offers cutting-edge technology that helps maximise comfort and security whether lifting or transferring a patient to or from a bed, chair, or floor. It has a sleek and contemporary style.
Stryker: In March 2022, In order to prevent patients from slipping during tilt treatments and to protect nurses during pre- and post-surgical lateral transfers, Stryker introduced the Multi-Position MATS Mobile Air Transfer System.
| Report Attributes | Details |
| Market Size in 2023 | US$ 10.94 Bn |
| Market Size by 2031 | US$ 17.85 Bn |
| CAGR | CAGR of 6.3 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Patient Transfer Devices, Patient Lifts, Slings, Air-assisted Lateral Transfer Mattresses, Medical Beds, Mobility Devices, Bathroom and Toilet Assist Equipment, Stretchers and Transport Chairs) • By End User (Hospitals, Home-care settings, Other End Users) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Invacare Corporation, Sunrise Medical (US) LLC, Permobil AB, Medline Industries Inc, Yuwell-Jiangsu Yuyue medical equipment & supply Co. Ltd., Ottobock SE & Co KGaA, Pride Mobility Products Corporation, MEYRA GmbH, Hoveround Corporation, MATSUNAGA MANUFACTORY Co. Ltd., Ki Mobility, Etac AB |
| Key Drivers | • Increasingly older and obese populations. |
| Market Restraints | • Lack of instruction given to healthcare professionals regarding the proper use of patient handling equipment. |
Ans: The Patient Handling Equipment Market is expected to grow at 6.3% CAGR from 2024 to 2031.
Ans: According to our analysis, the Patient Handling Equipment Market is anticipated to reach USD 17.85 Billion By 2031.
Ans: The leading participants in the, Invacare Corporation, Sunrise Medical (US) LLC, Permobil AB, Medline Industries Inc, Yuwell-Jiangsu Yuyue medical equipment & supply Co. Ltd.
Ans: The ageing and bariatric populations, expanding chronic illness prevalence, and government healthcare spending all contribute to the growth of the patient handling equipment market.
Ans: Yes, you may request customization based on your company's needs.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Patient Handling Equipment Market, By Type
8.1 Patient Transfer Devices
8.2 Patient Lifts
8.3 Slings
8.4 Air-assisted Lateral Transfer Mattresses
8.5 Medical Beds
8.6 Mobility Devices
8.7 Bathroom and Toilet Assist Equipment
8.8 Stretchers and Transport Chairs
9. Patient Handling Equipment Market, By End User
9.1 Hospitals
9.2 Home-care settings
9.3 Other End Users
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Patient Handling Equipment Market, by Country
10.2.2North America Patient Handling Equipment Market, By Type
10.2.3 North America Patient Handling Equipment Market, By End-user
10.2.4 USA
10.2.4.1 USA Patient Handling Equipment Market, By Type
10.2.4.2 USA Patient Handling Equipment Market, By End-user
10.2.5 Canada
10.2.5.1 Canada Patient Handling Equipment Market, By Type
10.2.5.2 Canada Patient Handling Equipment Market, By End-user
10.2.6 Mexico
10.2.6.1 Mexico Patient Handling Equipment Market By Type
10.2.6.2 Mexico Patient Handling Equipment Market By End-user
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Patient Handling Equipment Market by Country
10.3.1.2 Eastern Europe Patient Handling Equipment Market By Type
10.3.1.3 Eastern Europe Patient Handling Equipment Market By End-user
10.3.1.4 Poland
10.3.1.4.1 Poland Patient Handling Equipment Market By Type
10.3.1.4.2 Poland Patient Handling Equipment Market By End-user
10.3.1.5 Romania
10.3.1.5.1 Romania Patient Handling Equipment Market By Type
10.3.1.5.2 Romania Patient Handling Equipment Market By End-user
10.3.1.6 Hungary
10.3.1.6.1 Hungary Patient Handling Equipment Market By Type
10.3.1.6.2 Hungary Patient Handling Equipment Market By End-user
10.3.1.7 Turkey
10.3.1.7.1 Turkey Patient Handling Equipment Market By Type
10.3.1.7.2 Turkey Patient Handling Equipment Market By End-user
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Patient Handling Equipment Market By Type
10.3.1.8.2 Rest of Eastern Europe Patient Handling Equipment Market By End-user
10.3.2 Western Europe
10.3.2.1 Western Europe Patient Handling Equipment Market by Country
10.3.2.2 Western Europe Patient Handling Equipment Market By Type
10.3.2.3 Western Europe Patient Handling Equipment Market By End-user
10.3.2.4 Germany
10.3.2.4.1 Germany Patient Handling Equipment Market By Type
10.3.2.4.2 Germany Patient Handling Equipment Market By End-user
10.3.2.5 France
10.3.2.5.1 France Patient Handling Equipment Market By Type
10.3.2.5.2 France Patient Handling Equipment Market By End-user
10.3.2.6 UK
10.3.2.6.1 UK Patient Handling Equipment Market By Type
10.3.2.6.2 UK Patient Handling Equipment Market By End-user
10.3.2.7 Italy
10.3.2.7.1 Italy Patient Handling Equipment Market By Type
10.3.2.7.2 Italy Patient Handling Equipment Market By End-user
10.3.2.8 Spain
10.3.2.8.1 Spain Patient Handling Equipment Market By Type
10.3.2.8.2 Spain Patient Handling Equipment Market By End-user
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Patient Handling Equipment Market By Type
10.3.2.9.2 Netherlands Patient Handling Equipment Market By End-user
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Patient Handling Equipment Market By Type
10.3.2.10.2 Switzerland Patient Handling Equipment Market By End-user
10.3.2.11 Austria
10.3.2.11.1 Austria Patient Handling Equipment Market By Type
10.3.2.11.2 Austria Patient Handling Equipment Market By End-user
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Patient Handling Equipment Market By Type
10.3.2.12.2 Rest of Western Europe Patient Handling Equipment Market By End-user
10.4 Asia-Pacific
10.4.1 Asia Pacific Patient Handling Equipment Market by Country
10.4.2 Asia Pacific Patient Handling Equipment Market By Type
10.4.3 Asia Pacific Patient Handling Equipment Market By End-user By Type
10.4.4 China
10.4.4.1 China Patient Handling Equipment Market By Type
10.4.4.2 China Patient Handling Equipment Market By End-user
10.4.5 India
10.4.5.1 India Patient Handling Equipment Market By Type
10.4.5.2 India Patient Handling Equipment Market By End-user
10.4.6 Japan
10.4.6.1 Japan Patient Handling Equipment Market By Type
10.4.6.2 Japan Patient Handling Equipment Market By End-user
10.4.7 South Korea
10.4.7.1 South Korea Patient Handling Equipment Market By Type
10.4.7.2 South Korea Patient Handling Equipment Market By End-user
10.4.8 Vietnam
10.4.8.1 Vietnam Patient Handling Equipment Market By Type
10.4.8.2 Vietnam Patient Handling Equipment Market By End-user
10.4.9 Singapore
10.4.9.1 Singapore Patient Handling Equipment Market By Type
10.4.9.2 Singapore Patient Handling Equipment Market By End-user
10.4.10 Australia
10.4.10.1 Australia Patient Handling Equipment Market By Type
10.4.10.2 Australia Patient Handling Equipment Market By End-user
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Patient Handling Equipment Market By Type
10.4.11.2 Rest of Asia-Pacific Patient Handling Equipment Market By End-user
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Patient Handling Equipment Market by Country
10.5.1.2 Middle East Patient Handling Equipment Market By Type
10.5.1.3 Middle East Patient Handling Equipment Market By End-user
10.5.1.4 UAE
10.5.1.4.1 UAE Patient Handling Equipment Market By Type
10.5.1.4.2 UAE Patient Handling Equipment Market By End-user
10.5.1.5 Egypt
10.5.1.5.1 Egypt Patient Handling Equipment Market By Type
10.5.1.5.2 Egypt Patient Handling Equipment Market By End-user
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Patient Handling Equipment Market By Type
10.5.1.6.2 Saudi Arabia Patient Handling Equipment Market By End-user
10.5.1.7 Qatar
10.5.1.7.1 Qatar Patient Handling Equipment Market By Type
10.5.1.7.2 Qatar Patient Handling Equipment Market By End-user
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Patient Handling Equipment Market By Type
10.5.1.8.2 Rest of Middle East Patient Handling Equipment Market By End-user
10.5.2 Africa
10.5.2.1 Africa Patient Handling Equipment Market by Country
10.5.2.2 Africa Patient Handling Equipment Market By Type
10.5.2.3 Africa Patient Handling Equipment Market By End-user
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Patient Handling Equipment Market By Type
10.5.2.4.2 Nigeria Patient Handling Equipment Market By End-user
10.5.2.5 South Africa
10.5.2.5.1 South Africa Patient Handling Equipment Market By Type
10.5.2.5.2 South Africa Patient Handling Equipment Market By End-user
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Patient Handling Equipment Market By Type
10.5.2.6.2 Rest of Africa Patient Handling Equipment Market By End-user
10.6 Latin America
10.6.1 Latin America Patient Handling Equipment Market by Country
10.6.2 Latin America Patient Handling Equipment Market By Type
10.6.3 Latin America Patient Handling Equipment Market By End-user
10.6.4 Brazil
10.6.4.1 Brazil Patient Handling Equipment Market By Type
10.6.4.2 Brazil Patient Handling Equipment Market By End-user
10.6.5 Argentina
10.6.5.1 Argentina Patient Handling Equipment Market By Type
10.6.5.2 Argentina Patient Handling Equipment Market By End-user
10.6.6 Colombia
10.6.6.1 Colombia Patient Handling Equipment Market By Type
10.6.6.2 Colombia Patient Handling Equipment Market By End-user
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Patient Handling Equipment Market By Type
10.6.7.2 Rest of Latin America Patient Handling Equipment Market By End-user
11. Company Profile
11.1 Invacare Corporation.
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Type/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Sunrise Medical (US) LLC.
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Type/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Permobil AB.
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Type/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Medline Industries Inc.
11.4 Company Overview
11.4.2 Financials
11.4.3 Type/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Yuwell-Jiangsu.
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Type/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 Ottobock SE & Co KGaA.
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Type/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Pride Mobility Types Corporation
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Type/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 MEYRA GmbH.
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Type/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Hoveround Corporation
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Type/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Yuyue medical equipment & supply Co. Ltd
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Type/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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