Patient Handling Equipment Market Growth, and Strategies

1. Rising Disability Cases Strengthening Patient Handling Equipment © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved Market 1

2. Patient handling equipment is used for safely moving or supporting patients or any part of their body. Such equipment helps in improving the working conditions of caregivers by reducing work-related injuries and biomechanical overload risk. One of the primary growth drivers for the market is the increasing prevalence of disabilities. According to the World Bank, nearly one billion people, or 15% of the global population, experience some disability. Most of the cases of disability are recorded in developing countries due to their poor healthcare infrastructure. Disability is a complex health condition that hinders the interaction between affected individuals and the environment and refers to a collective term for participation restriction, activity limitations, and impairment. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/patient-handling-equipment- market/report-sample Another growth driver for the patient handling equipment market is the escalating geriatric population. As aging reduces bone strength, old people require patient handling equipment for moving themselves or their body parts. According to the World Population Ageing 2020 report, the population of people aged 65 years and above will rise from 727 million in 2020 to around 1.5 billion by 2050. Additionally, the soaring cases of chronic diseases and lifestyle-related illnesses among the elderly will augment the demand for such equipment in the coming years. Moreover, the burgeoning penetration of patient handling equipment in developing countries will offer immense growth opportunities for the patient handling equipment market in the foreseeable future. Factors such as the rising number of government initiatives and booming economy of Asian countries are encouraging the market players to expand their presence in such nations. Asian countries, such as India and China, have a huge growth potential for market players due to their improving healthcare industry. The end user segment of the patient handling equipment market is classified into hospital, elderly care facility, home healthcare, and others. Under this segment, the hospital category will account for the largest market share throughout the forecast period due to the surging footfall of patients in these healthcare facilities owing to the availability of advanced devices and equipment here. Whereas, the increasing shift toward home healthcare settings, owing to the excessive medical bills generated by hospitals, will boost the adoption of patient handling equipment in such settings in the forthcoming years. According to P&S Intelligence, Europe held the largest share in the patient handling equipment market during the historical period (2012–2015), and it 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

3. is expected to retain its dominance during the forecast period. This can be attributed to the existence of a large number of trained professionals and healthcare facilities, vast demand for improved services, and presence of supportive regulations for patient safety in the region. Besides, the rising incidence of chronic and lifestyle-associated diseases and burgeoning demand for home healthcare will facilitate the market growth in the forthcoming years. Thus, the growing prevalence of disability and soaring elderly population will drive the demand for patient handling equipment. This research offers actual historical market size for the period 2012 – 2015 and forecast for the period 2016 – 2022 of the global patient handling equipment market in the U.S. dollars. GLOBAL PATIENT HANDLING EQUIPMENT MARKET By Product Type By Type of Care By End User By Region GLOBAL PATIENT HANDLING EQUIPMENT MARKET, BY PRODUCT Medical Beds Market Wheelchairs & Scooters Market Bathroom Safety Supply Market Ambulatory Aids Market Mechanical Equipment Market Non-Mechanical Equipment Market GLOBAL PATIENT HANDLING EQUIPMENT MARKET, BY TYPE OF CARE Critical Care Market Wound Care Market Fall Prevention Market Bariatric Care Market GLOBAL PATIENT HANDLING EQUIPMENT MARKET, BY END USER Patient Handling Equipment Market in Hospital Patient Handling Equipment Market in Home Healthcare Patient Handling Equipment Market in Elderly Care Facility GLOBAL PATIENT HANDLING EQUIPMENT MARKET, BY GEOGRAPHY North America Patient Handling Equipment Market • • • • • • • • • • • • • • • • • • oBy Product oBy Type of Care oBy End User 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

4. oBy Country Europe Patient Handling Equipment Market • oBy Product oBy Type of Care oBy End User oBy Country Asia-Pacific Patient Handling Equipment Market • oBy Product oBy Type of Care oBy End User oBy Country Rest of the World (RoW) Patient Handling Equipment Market • oBy Product oBy Type of Care oBy End User 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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