Patient Handling Equipment Market Introduction 

Patient handling equipment refers to devices and equipment used to safely transfer and move patients who have limited mobility or are unable to move independently. Patient handling equipment includes devices such as patient lifts, transfer aids, stretchers, and slings, among others.The increasing prevalence of chronic diseases, such as cancer, diabetes, and cardiovascular diseases, has resulted in a rise in the number of patients who require long-term care and assistance. This, in turn, has led to a growing demand for patient handling equipment that can assist caregivers in safely and efficiently moving patients.The patient handling equipment market is also driven by factors such as the growing aging population, rising incidence of disabilities, and increasing government initiatives to improve healthcare infrastructure. The market is characterized by the presence of several key players who are focused on developing innovative products that address the specific needs of different healthcare settings, such as hospitals, nursing homes, and home healthcare.

Overall, the patient handling equipment market is expected to witness significant growth in the coming years, driven by the increasing demand for safe and efficient patient handling solutions.

Patient Handling Equipment Market Size

The patient handling equipment market size was valued at approximately USD 8.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of around 11.2% during the forecast period from 2021 to 2028.The market growth is driven by several factors, including the increasing prevalence of chronic diseases and disabilities, the growing aging population, and the rising demand for home healthcare. In addition, the COVID-19 pandemic has further accelerated the demand for patient handling equipment, as healthcare facilities have been under pressure to ensure the safety of patients and healthcare workers.Based on product type, the patient lifts segment is expected to dominate the market during the forecast period, as they are widely used in hospitals, nursing homes, and home healthcare settings. The transfer aids segment is also expected to witness significant growth, driven by the increasing adoption of mobile hoists and transfer slings.In terms of end-user, the hospital segment is expected to remain the largest market during the forecast period, driven by the increasing demand for patient handling equipment in critical care and emergency departments. The home healthcare segment is also expected to witness significant growth, driven by the rising demand for home-based care solutions.Geographically, North America is expected to remain the largest market for patient handling equipment during the forecast period, driven by the presence of a well-established healthcare infrastructure and a growing aging population. The Asia-Pacific region is expected to witness the fastest growth, driven by the increasing demand for patient handling equipment in countries such as China, Japan, and India.

Overall, the patient handling equipment market is expected to witness significant growth during the forecast period, driven by the increasing demand for safe and efficient patient handling solutions in healthcare settings.

Patient Handling Equipment Market Share

The patient handling equipment market is highly competitive and is characterized by the presence of several key players. Some of the major players operating in the market include:

Arjo

Hill-Rom Holdings Inc.

Invacare Corporation

Prism Medical UK

Guldmann Inc.

Handicare Group AB

Stryker Corporation

Linet Group SE

Joerns Healthcare LLC

Etac AB

These companies are investing heavily in research and development activities to develop innovative patient handling equipment that meets the specific needs of different healthcare settings, such as hospitals, nursing homes, and home healthcare. They are also focusing on expanding their product portfolios and geographic presence through strategic collaborations and acquisitions.In terms of market share, Arjo is currently the leading player in the patient handling equipment market, followed by Hill-Rom Holdings Inc. and Invacare Corporation. These companies have a strong global presence and offer a wide range of patient handling equipment solutions.Geographically, North America and Europe are currently the largest markets for patient handling equipment, driven by the presence of a well-established healthcare infrastructure and a growing aging population. The Asia-Pacific region is expected to witness significant growth in the coming years, driven by the increasing demand for patient handling equipment in countries such as China, Japan, and India.Overall, the patient handling equipment market is expected to witness intense competition among the key players in the coming years, driven by the increasing demand for safe and efficient patient handling solutions in healthcare settings.

Patient Handling Equipment Market Trends

The patient handling equipment market is constantly evolving, and several trends are shaping the industry. Here are some of the key trends in the patient handling equipment market:

Rising demand for home healthcare: There has been a growing demand for home healthcare services in recent years, driven by the aging population and the increasing prevalence of chronic diseases. As a result, there is a growing demand for patient handling equipment that can be used in home healthcare settings.

Adoption of mobile patient lifts: Mobile patient lifts are becoming increasingly popular, as they offer greater flexibility and ease of use compared to traditional ceiling lifts. Mobile lifts are also less expensive to install and can be easily moved from one location to another.

Growing use of ergonomic patient handling equipment: Ergonomic patient handling equipment, such as slings and lifters, are designed to reduce the risk of injury to both patients and caregivers. These devices can help prevent musculoskeletal disorders among healthcare workers and improve patient safety.

Increasing use of technology: Technology is playing an increasingly important role in the patient handling equipment market, with the development of devices such as smart patient lifts and wearable sensors. These devices can help improve the safety and efficiency of patient handling procedures and provide real-time data to healthcare providers.

Focus on patient comfort: There is a growing focus on patient comfort in the patient handling equipment market, with the development of devices such as air-assisted transfer systems and pressure redistribution mattresses. These devices are designed to improve patient comfort and reduce the risk of pressure ulcers.

Overall, the patient handling equipment market is expected to continue evolving in the coming years, driven by these and other trends that are shaping the industry.

Patient Handling Equipment Market Driving factors

The patient handling equipment market is driven by several factors, including:

Aging population: The world's population is aging rapidly, and this is driving the demand for patient handling equipment. As people get older, they become more vulnerable to illnesses and disabilities that require the use of patient handling equipment.

Increasing prevalence of chronic diseases: Chronic diseases, such as diabetes, cardiovascular disease, and cancer, are becoming increasingly prevalent worldwide. These conditions often require ongoing care and support, which can be provided using patient handling equipment.

Growing demand for home healthcare: There is a growing trend towards home healthcare, as people prefer to receive care in the comfort of their own homes. Patient handling equipment can be used to provide safe and effective care in home healthcare settings.

Technological advancements: The development of new technologies, such as smart patient lifts and wearable sensors, is driving innovation in the patient handling equipment market. These technologies can improve patient safety and efficiency and provide real-time data to healthcare providers.

Focus on caregiver safety: There is a growing awareness of the risks associated with patient handling, and this is driving demand for patient handling equipment that can help prevent injuries among healthcare workers. Ergonomic patient handling equipment, such as slings and lifters, can help reduce the risk of musculoskeletal disorders among caregivers.

Government initiatives: Governments around the world are investing in healthcare infrastructure and supporting the development of new technologies and equipment. This is driving growth in the patient handling equipment market, as healthcare providers seek to improve the quality and efficiency of care.

Overall, the patient handling equipment market is expected to continue growing in the coming years, driven by these and other factors that are shaping the industry.

Patient Handling Equipment Market Regional Analysis

The patient handling equipment market can be analyzed on a regional basis to gain a better understanding of the market dynamics and growth prospects in different parts of the world. Here are some key regional trends in the patient handling equipment market:

North America: North America is the largest regional market for patient handling equipment, driven by the presence of a large aging population and high healthcare expenditure. The United States is the largest market in the region, accounting for the majority of the regional revenue.

Europe: Europe is another major regional market for patient handling equipment, with a strong focus on patient safety and caregiver wellbeing. The market is driven by the growing demand for home healthcare and the adoption of ergonomic patient handling equipment.

Asia Pacific: The Asia Pacific patient handling equipment market is expected to experience significant growth in the coming years, driven by the growing aging population and increasing healthcare expenditure in countries such as China, India, and Japan.

Latin America: The Latin America patient handling equipment market is expected to grow at a steady pace, driven by increasing government investments in healthcare infrastructure and rising demand for home healthcare services.

Middle East and Africa: The Middle East and Africa patient handling equipment market is relatively small but is expected to experience steady growth in the coming years, driven by increasing healthcare spending and growing awareness of patient safety.

Overall, the patient handling equipment market is a global industry that is driven by several factors, including aging populations, increasing healthcare expenditure, and growing demand for home healthcare services. The market is expected to continue growing in the coming years, with strong growth prospects in emerging markets such as Asia Pacific and Latin America.

Patient Handling Equipment Market Forecasts 2030 

The patient handling equipment market is expected to continue growing in the coming years, with strong growth prospects in several regions around the world. The global patient handling equipment market size was valued at USD 9.6 billion in 2020 and is expected to reach USD 15.4 billion by 2030, with a CAGR of 4.9% during the forecast period.The market is driven by several factors, including the increasing prevalence of chronic diseases, growing demand for home healthcare, and technological advancements in patient handling equipment. In addition, the aging population is expected to continue driving demand for patient handling equipment, as elderly people are more vulnerable to illness and injury and often require assistance with mobility and other activities of daily living.Regionally, the Asia Pacific patient handling equipment market is expected to experience the highest growth during the forecast period, driven by the growing aging population and increasing healthcare expenditure in countries such as China and India. North America and Europe are also expected to be major markets for patient handling equipment, driven by their large aging populations and high healthcare expenditure.Overall, the patient handling equipment market is expected to continue growing in the coming years, driven by several factors that are shaping the industry. Technological advancements, government initiatives, and a focus on caregiver safety are expected to drive innovation and growth in the market, as healthcare providers seek to improve the quality and efficiency of care for patients.

Patient Handling Equipment Market Key Industry Players

The patient handling equipment market is highly competitive, with several key industry players competing for market share. Here are some of the key players in the patient handling equipment market:

Arjo: Arjo is a leading provider of patient handling and hygiene solutions, offering a wide range of products and services for hospitals, elderly care and home care.

Hill-Rom Holdings: Hill-Rom Holdings is a global medical technology company that provides a variety of patient handling solutions, including hospital beds, patient lifts, and other equipment.

Invacare Corporation: Invacare Corporation is a leading manufacturer and distributor of medical equipment, including patient handling equipment such as patient lifts and transfer chairs.

Stryker Corporation: Stryker Corporation is a global medical technology company that offers a wide range of products and services for patient handling, including patient transport equipment, patient lifts, and hospital beds.

Getinge AB: Getinge AB is a Swedish medical technology company that provides a variety of patient handling solutions, including patient lifts, transfer solutions and hygiene equipment.

Guldmann Inc.: Guldmann Inc. is a Danish company that specializes in patient handling and lifting systems, including ceiling lifts, mobile lifts, and other equipment.

Prism Medical: Prism Medical is a Canadian company that offers a range of patient handling solutions, including patient lifts, transfer aids and bath safety products.

These are just a few of the key players in the patient handling equipment market, and the industry is constantly evolving as new players enter the market and existing players expand their product offerings. Other notable players in the market include Joerns Healthcare, Handicare, and Etac AB.