Patient Handling Equipment Market Report Probes the 11.2 USD billion Size, Share, Growth Report and Future Analysis by 2033

Key Insights

The Patient Handling Equipment Marketsize was valued at USD 11.2 billion in 2023 and is projected to reach USD 18.2 billion by 2032, exhibiting a CAGR of 6.6 % during the forecast period. Patient handling equipment refers mainly to equipment that ranges in diverse types and forms, which are used to help healthcare professionals ensure the patients are moved, lifted, or turned without any difficulty. These types include patient lifts, transfer aids, slings as well as slide sheets. Patient lifts use hydraulic or electric systems for lifting and moving the patients and on the other hand, there are transfer aids such as transfer boards for side moving. Their use is mostly during transfers and they are available in different forms depending on one’s requirements. Patients should slide over the slide sheets for repositioning with minimal friction over the bed surface. These equipment types are useful in various healthcare facilities such as hospitals, nursing homes, and homes for caregivers apart from patients to alleviate patient pressure, prevent caregiver fatigue, and prevent injuries within the course of moving patients.

Patient Handling Equipment Trends

• Increasing adoption of robotic patient handling systems: Robots are increasingly being used for tasks such as patient transfer, repositioning, and lifting, offering enhanced safety and efficiency.
• Integration of advanced technologies: Patient handling equipment is incorporating sensors, data analytics, and artificial intelligence to optimize performance and patient outcomes.
• Focus on home healthcare settings: The rising demand for home healthcare services is driving the development of portable and user-friendly patient-handling equipment for use in residential settings.

Driving Forces: What's Propelling the Patient Handling Equipment Market

• Increasing prevalence of chronic diseases: The rising incidence of obesity, diabetes, and cardiovascular diseases creates a significant need for patient-handling equipment in healthcare facilities. These conditions require extended care and assistance with mobility, increasing the demand for equipment that ensures safe and efficient patient handling.
• Aging population: The global population is aging, leading to a surge in the number of elderly individuals who require support with daily activities and mobility. Patient-handling equipment is crucial in providing safe and dignified care for this population, enabling them to maintain independence and improve their quality of life.
• Government regulations and safety initiatives: Regulatory bodies worldwide are implementing stringent safety standards and regulations for patient handling. These initiatives emphasize the importance of using advanced and ergonomic equipment to protect patients and healthcare workers from injuries. Governments are encouraging the adoption of patient-handling solutions that meet regulatory requirements and promote a safe and efficient healthcare environment.
• Innovation and technological advancements: The patient handling equipment market is constantly evolving with the introduction of innovative technologies and solutions. Advanced equipment such as powered lifts, motorized slings, and mobile patient transfer systems enhance patient comfort and safety while reducing the risk of injuries for caregivers. These advancements drive market growth and contribute to the overall efficiency and quality of patient care.

Challenges and Restraints in the Patient Handling Equipment Market

• Cost and reimbursement challenges: The high cost of patient-handling equipment can limit its accessibility, especially in developing countries.
• Lack of trained healthcare professionals: Operating and maintaining advanced patient-handling equipment requires specialized training, which can be a challenge in some regions.
• Limited awareness and adoption in home healthcare settings: Despite the growing need, patient handling equipment is still not widely adopted in home healthcare environments.

Emerging Trends in Patient Handling Equipment

• Telehealth and remote monitoring: The integration of telehealth capabilities allows healthcare providers to remotely monitor patient handling and provide guidance.
• Wearable patient handling devices: Wearable devices that assist with mobility, balance, and fall prevention are gaining traction in the market.
• Intelligent hospital beds: Hospital beds are becoming more technologically advanced, incorporating sensors, pressure monitoring systems, and automated positioning features to enhance patient safety and comfort.

Growth Catalysts in the Patient Handling Equipment Industry

• Government investments in healthcare infrastructure: Governments worldwide are increasing investments in healthcare facilities and equipment, including patient-handling solutions.
• Expansion of home healthcare services: The growing demand for home healthcare services is creating opportunities for patient-handling equipment manufacturers to develop tailored solutions for residential settings.
• Technological advancements and innovation: Ongoing advancements in robotics, data analytics, and other technologies are driving the development of new and improved patient-handling equipment.

Market Segmentation: Patient Handling Equipment Analysis

Product

• Repositioning Aids
• Hoists
• Mechanical Lifting
• Beds
• Stretchers
• Others

Application

• Acute Care
• Mobility Support
• Fall Prevention
• Others

End User

• Clinics
• Ambulatory Surgery Centres
• Hospitals
• Home Care Settings
• Others

Leading Players in the Patient Handling Equipment Market

• Guldmann
• Handicare
• DJO Global
• Hill-Rom Services Inc.
• Invacare Corporation
• Arjo
• Etac AB
• Joerns Healthcare LLC
• Permobil AB
• Stryker
• HoverTech International
• Midmark Corporation

Significant Developments in the Patient Handling Equipment Sector

• In 2021, Arjo acquired Etac AB, strengthening its position in the patient-handling equipment market.
• Stryker launched the Mako Robotic-Assisted Surgery Platform in 2022 for minimally invasive patient handling procedures.
• In 2023, Guldmann expanded its product portfolio with the launch of a range of mobile patient lifts.

Comprehensive Coverage Patient Handling Equipment Market Report

The report provides a comprehensive analysis of the patient handling equipment market, including:

• Market dynamics, drivers, and restraints
• Detailed segmentation by product, application, and end-user
• Competitive landscape and profiles of leading players
• Regional analysis and market dynamics in different geographies
• Key industry trends and future outlook

Regional Insight

The market is largely dominated by North America and Europe, due to factors such as high healthcare spending, advanced healthcare infrastructure, and an aging population. Asia-Pacific is expected to witness strong growth in the coming years due to increasing healthcare investments and rising prevalence of chronic diseases.

Pricing Analysis

Pricing analysis is provided for different product types, applications, and regions, offering insights into market competitiveness and profitability.

Import And Export Analysis

Import and export analysis provides data on the flow of patient-handling equipment across different countries, highlighting trade patterns and opportunities.

Segmentation

The report offers detailed segmentation by product(Acute Care), application, end-user, and region, providing a comprehensive view of the market structure.

Trademark/Patent Analysis

Patent and trademark analysis provides insights into intellectual property protection and innovation trends in the patient-handling equipment industry.