Patient Handling Equipment Market Size Worth $17.64 Billion By 2032| CAGR: 5.80%

Patient Handling Equipment Market Size Worth $17.64 Billion By 2032| CAGR: 5.80%

The global patient handling equipment market size is expected to reach USD 17.64 billion by 2032, according to a new study by Polaris Market Research. The report “Patient Handling Equipment Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Service; By End-use; By Region; Segment Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Government regulations ensure proper patient treatment and lessen the likelihood of carer injuries, such as the lifting equation with Recommended Weight Limit (RWL) by the National Institute of Occupational Safety & Health (NIOSH). Regulations released by the Centers for Disease Control and Prevention, the Workplace Safety and Health Council, the Manual Handling Code of Practice, and the European Agency for Safety & Health at Work are also anticipated to increase the use of patient handling equipment. (EU-OSHA).

Additionally, it is anticipated that the growing geriatric and prevalence of disability populations will push the market for patient handling devices over the course of the forecast period. For instance, according to projections made by the World Health Organization in 2014, the projected global burden of disease by 2021 should include roughly 1.18 million patients yearly who are anticipated to have a disability, and roughly 1.43 million patients yearly by 2031. The arrival of technologically advanced, secure products that are easy to use and prevent MSDs in carers is predicted to drive growth in the near future.

The inconvenience that comes with using wheelchairs and other patient management tools will likely act as a major roadblock to the market's growth for this kind of technology. Unpaved areas, unsuitable weather, and difficult terrain are examples of physical barriers faced by wheelchair users. For instance, according to the American Nurses Association, the physical environment may restrict how and where patients can walk. (ANA). Forecasts indicate that this circumstance will limit the market's growth for patient handling instruments.

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Demand for patient care supplies grew as a result of the COVID-19 pandemic.  Most COVID-19 people recover at home with mild to moderate symptoms, but a few need to see a doctor. The overall growth of many industries is currently badly constrained. Healthcare, pharmaceuticals, and biotechnology took the chance to supply as many institutions and patients as possible while hospitality, oil and petroleum, and aviation all saw a drop in sales. The pandemic has resulted in a substantial rise in demand for patient handling systems in order to provide effective treatment and care. According to the CDC, 69.8 out of every 100,000 individuals aged 65 and over were hospitalized in January 2021.

Patient Handling Equipment Market Report Highlights

  • Medical beds had a significant market share in 2022. The reason for this growth is the greater use of handling equipment in hospitals, home care settings, nursing homes, trauma centers, and long-term acute care facilities. Furthermore, contemporary medical beds with amenities like bed frames, adjustable angles, and support surfaces for ease and mobility.
  • As of 2022, hospitals dominated the end-use industry as a result of the rising adoption rate of patient handling equipment for the medical safety of patients and carers. The increased enforcement of safety regulations and pressure from governmental authorities to follow these regulations are other factors driving market development.
  • In terms of revenue, the patient handling equipment industry was dominated by Europe in 2022. This is because there are many healthcare facilities, knowledgeable staff, a demand for improved services, and regulations that are supportive of patient safety.
  • The global players include The Getinge Group, Guldmann, Inc., Stiegelmeyer, Inc., Benmor Medical Ltd., Sidhil, Ltd., ArjoHuntleigh, Inc., Etac Ltd., Joerns Healthcare, Inc., Handicare, Inc., Mangar International Ltd., Linet Americas, Inc.

Polaris Market Research has segmented the Patient Handling Equipment Market report based on product type, end-use, and region:

Patient Handling Equipment, Product Outlook (Revenue - USD Billion, 2019 - 2032)

  • Wheelchair and scooters.
  • Medical Beds
  • Mechanical
  • Non- Mechanical
  • Ambulatory Aids

Patient Handling Equipment, End-use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Home Care
  • Hospital
  • Elderly Care facilities

Patient Handling Equipment, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Bariatric Care
  • Fall Prevention
  • Critical Care
  • Wound Care

Patient Handling Equipment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa