Patient Handling Equipment Market Report Till 2024

MarketStudyReport.com Adds New Patient Handling Equipment Market 2017 – 2024 research report providing information and By Product, By Application, By End-Use, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 125 Pages with table and figures in it.

Patient Handling Equipment Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 11% CAGR to 2024.

Patient Handling Equipment Market size is set to exceed USD 23 billion by 2024; according to a new research report. Increasing incidences of disabled population who need patient handling equipment and rising geriatric population will drive the market over the forecast period. The growing injuries to caregivers due to manual lifting of patients and favorable government legislations supporting use of patient handling equipment will fuel the market growth. Increased implementation of safe patient handling programs that are targeted to reduce the musculoskeletal injuries to the nurses and caregivers are expected to aid in growth of the market.

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Insufficient amount of training provided to the nursing staff to operate the patient handling equipment will be major factor hindering the adoption rate of these equipment. Similarly, the difficulties faced by the caregivers while manually lifting the obese patients will also further act as restraint for the growth of the market.

Home care settings will witness fastest growth owing to gradual shift in patient preference of home care settings over hospitals. This is mainly due to lowered healthcare expenditure and decreasing investment in hospital infrastructure.

As the elderly population is more prone to problems such as cardiovascular disease, falls, injuries, bone and joint problems, the number of such patients needing medical beds is increasing. Furthermore, the increasing technological innovations in ICU beds is fueling the growth of medical beds market.

Increasing number of non-communicable diseases such as stroke, osteoarthritis leading to disabilities is the growth rendering driver for mobility assistance application segment. The growing need of wheelchairs, scooters and walking assisted equipment to cater the needs of disabled people will further enhance the market growth.

U.S. patient handling equipment market will grow at a healthy rate over the forecast period. The cost of back injuries in healthcare industry have been increasing gradually. To combat this cost the U.S. government is promoting the use of patient handling to decrease the cost associated with lost productive days and turnover rate of nurses.

Japan patient handling equipment market will witness significant growth. Growing programs to decrease the falls and injuries in elderly population as well as increasing demand of medical beds in the country should enhance the market growth.

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Some of the prominent business players are B. Braun Melsungen, Baxter International, Caesarea Medical Electronics, CareFusion Corporation, Fresenius Kabi, ICU Medical, JMS, Smiths Medical, and Terumo Corporation. Companies implement strategy such as, mergers, technological advancement and new product development to enlarge the product portfolio and enhance their leadership position in industry.

Table of Content:

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Patient Handling Equipment Industry Insights

Chapter 4. Patient Handling Equipment Market, By Product

Chapter 5. Patient Handling Equipment Market, By Application

Chapter 6. Patient Handling Equipment Market, By End-Use

Chapter 7. Patient Handling Equipment Market, By Region

Chapter 8. Company Profiles

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Related Report:

United States Safe Patient Handling Equipment Market Report 2017

In this report, the United States Safe Patient Handling Equipment market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/united-states-safe-patient-handling-equipment-market-report-2017/?utm_source=RR-PSR

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Posted by on Sunday September 23 2018, 2:30 PM EDT. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Healthcare, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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