Summary
A new market study, titled “ Global Patient Handling Equipment Market Report 2020-30: Covid 19 Implications and Growth” has been featured on WiseGuyReports.
Patient Handling Equipment Global Market Report 2020-30: Covid 19 Implications and Growth from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global patient handling equipment market.
This report focuses on patient handling equipment market which is experiencing strong growth. The report gives a guide to the patient handling equipment market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
ALSO READ: http://www.sbwire.com/press-releases/global-patient-handling-equipm...
Reasons to Purchase
• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:
Where is the largest and fastest growing market for the patient handling equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Patient Handling Equipment market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider patient handling equipment market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
• The patient handling equipment market section of the report gives context. It compares the patient handling equipment market with other segments of the patient handling equipment market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, patient handling equipment indicators comparison.
Scope
Markets Covered: 1) By Product Type: Wheelchairs; Mobility Scooters; Medical Beds; Patient Transfer Equipment; Others
2) By Care Type: Critical Care; Fall Prevention; Bariatric Care; Wound Care; Others
3) By End-User: Homecare; Hospitals; Others
Companies Mentioned: ArjoHuntleigh, Inc.; Hill-Rom Holdings, Inc.; Invacare Corporation; Stryker Corporation; Drive Divilbiss Healthcare, Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Major players in the patient handling equipment market are ArjoHuntleigh Inc., Hill-Rom Holdings Inc., Invacare Corporation, Stryker Corporation, Drive Divilbiss Healthcare Inc., ETAC AB, Gf Health Products Inc., Guldmann, Inc., Handicare Group AB, and Joerns Healthcare LLC.
The global patient handling equipment market is expected to grow from $12.4 billion in 2019 to $15.11 billion in 2020 at a compound annual growth rate (CAGR) of 22.15%. The growth is mainly due to the COVID-19 pandemic that has affected millions across the globe with a significant increase in the number of patients across hospitals and other care facilities, increasing the demand for the patient handling equipment in 2020. The market is then expected to stabilize and reach $19.49 billion in 2023 at a CAGR of 8.85%.
The patient handling equipment market consists of sales of patient handling equipment and related services by entities (organizations, sole traders and partnerships) that manufacture patient handling equipment. They are used for specific lifting, transfer and movement of patients. Patient handling equipment is an assistive device that helps home care and hospital settings for transferring patients between chairs, beds, and other places.

North America was the largest region in the patient handling equipment market in 2019. Asia Pacific is expected to be the fastest-growing region in the forecast period.
In July 2019, Etac AB, a global company engaged in developing and providing ergonomic assistive devices and patient handling equipment, acquired 70% of shares in HoverTech International, a USA-based company, for an undisclosed amount. This acquisition is expected to strengthen Etac AB’s global position in the moving and handling equipment industry. HoverTech International was established in 1997 and is a manufacturer of air-assisted patient handling technologies.

The patient handling equipment market covered in this report is segmented by product type into wheelchairs; mobility scooters; medical beds; patient transfer equipment; others. It is also segmented by care type into critical care; fall prevention; bariatric care and by end-user into homecare; hospitals; others.

Inconvenience caused by wheelchairs and other patient handling equipment is likely to act as a major restraint for patient handling equipment’s market growth. Physical barriers associated with wheelchairs include inaccessible surroundings, lack of pavements, and climate and physical terrain. For instance, according to the American Nurses Association (ANA), the physical environment can lead to restrictions on the movement and positioning of the patients. This scenario is projected to impact the growth of the patient handling equipment market.
Increasing geriatric population profile of most countries contribute to the growth of the patient handling equipment market. The older population accounts for a higher percentage of hospital admissions owing to the high risk of acquiring chronic and other diseases, thereby generating a higher need for patient handling equipment. According to United Nations, Department of Economic and Social Affairs, 1 in 11 people in the world were over the age of 65 in 2019 and this number is expected to increase to 1 in 6 people by the end of 2050. Moreover, the number of people globally over the age of 65 is expected to increase from 703 million in 2019 (constituting 9% of the world population) to 1.5 billion by the end of 2050. Therefore, an increase in the size of the geriatric population is anticipated to boost the demand for the patient handling equipment market during the forecast period.

FOR MORE DETAILS – https://www.wiseguyreports.com/reports/5583649-patient-handling-equ...

About Us:
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Contact Us:
NORAH TRENT
[email protected]
Ph: +162-825-80070 (US)
Ph: +44 203 500 2763 (UK)