The latest research report by Zion Market Research (ZMR) states that the global patient handling equipment market is demonstrating an extremely competitive business environment with the charisma of a number of dominant market players. Hill-Rom Holdings Inc., Stryker Corporation, Getinge Group, Invacare Corporation, Guldmann Inc., Prism Medical Ltd., Joerns Healthcare LLC, LINET Group SE, Handicare, and Stiegelmeyer-Group are several dominating players in the global patient handling equipment market.
Patient handling is a task with a high level of risk that includes noncritical injury and musculoskeletal chaos for patients and caregivers. Tasks of patient handling in the patient handling equipment market include numerous activities such as lifting, shifting, relocating, ambulating patients, bathing patient on the bed, dressing patients, making occupied beds, limb holding, standing for a long time, and other duties involved in patient handling. These tasks are required to be performed by nurses or caregivers in the hospital emergency room, diagnostics lab, operating room, imaging departments, in-patients care units, and in outpatient’s clinics. Therefore, nurses face the huge danger of musculoskeletal injuries and disorders. Here, the patients handling equipment executes a major part in controlling these musculoskeletal injuries and disorders.
The global patient handling equipment market is propelled due to the rise in the obese and geriatric population since these individuals are more apt to numerous persistent diseases. So, the obese and geriatric population needs care with security and ease. Furthermore, the latest promising machineries in patient handling market and growing the occurrence of unrelieved diseases are expected to fuel the development of patients handling equipment market. Additionally, the patient handling equipment market is notably mounting owing to the rising incidents of road accidents.
Similarly, rising investments by various companies in developing countries along with the latest promising technologies for patient handling are resulting in the generation of novel prospects for the patient handling equipment market in the upcoming years.
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Based on the product type, the global patient handling equipment market is segmented into stretchers, bed frames, patient lifts, wheelchairs & scooters, and others. The bed frames market ruled the global patient handling equipment market with over 50% of market share in 2015. The bed frames section from the global patient handling equipment market is projected to rise at a CAGR of about 4.0% for the estimated period. The reason behind this rise is said to be the towering requirement for bed frames equipment. The wheelchairs & scooters segment is said to be the second biggest segment in the patient handling equipment market. It is projected to rise at the evident expansion rate in the upcoming period.
On the basis of the end-user, the patient handling equipment market is segmented into the hospital, home care, and others. Hospital segment demonstrated the remarkable dominance in global patient handling equipment market after the home care segment. The hospital segment from the global patient handling equipment market is anticipated to rise at the topmost rate for the upcoming period. With rising home care service and the requirement for the home care patient handling equipment, homecare segment is supposed to exhibit major development in the upcoming period.
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