Global Patient Handling Equipment Market size was valued at USD 12.9 Bn. in 2021 and the total Patient Handling Equipment revenue is expected to grow by 4 % from 2022 to 2029, reaching nearly USD 17.6 Bn.
Patient Handling Equipment Market Overview:
COVID-19’s global impact on the Patient Handling Equipment market was investigated in the research report. In the current crisis, the research examines the Patient Handling Equipment market’s alternatives, harsh conditions, and difficult possibilities. The merits and limitations of the COVID-19 in terms of funding and depth during market expansion are examined in this research note. The study also contains a set of concepts that should aid readers in developing and planning corporate strategies.
The growing number of internet-connected devices throughout the world is helping to the growth of the global Patient Handling Equipment Market, which includes artificial intelligence, augmented reality, and virtual reality, as well as the internet of things.
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Market Scope:
In order to obtain a significant competitive advantage over their market competitors, businesses must keep up with rapidly changing technologies. In order to accomplish this, they must train their professionals on a regular basis. Not only will it help marketers remain ahead of the competition, but it will also help them uncover new uses.
To obtain a better understanding of internal and external marketing issues, conduct multi-market research. The global Light Engine research includes market segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth (percent), Porter’s five force model, absolute US $ potential, and predicted market cost structure. Dimensional analytical methods such as SWOT and PESTEL analysis were also used.
Patient Handling Equipment Market Segment:
Patient Handling Equipment with medical beds has a substantial market share. The usage of handling equipment in hospitals, home care, nursing homes, trauma centres, and long-term acute care facilities can be blamed for this rise. Additionally, medical bed improvements including bed frames, adjustable angles, and support surfaces for comfort and ease of mobility are to blame for shifting tastes away from standard beds and thus raising demand. The presence of electric backrests, friction and shear reduction, battery backup, and ease of assembly and disassembly are all significant features of contemporary beds that are anticipated to increase demand in the projected term.
Patient Handling Equipment Market Key players:
• Hill-Rom Holdings Inc.
• Invacare Corporation
• Stryker
• Drive divibliss healthcare, Inc.
• ETAC AB
• GF Health Products, Inc.
• Guldmann,Inc.,
• Handicare group AB
• Joerns Healthcare LLC,
• Medline Industries,
• Prism Medical UK,
• Linet
• Stiegelmeyer GmbH & Co. KG,
• Savaria
• Malvestio Spa
• EZ Way, Inc.,
• Ossenberg GmbH,
• Antano Group,
• Airpal Inc.
• Getinge AB
• Gendron,Inc.
This study analyses the demand-supply scenario, pricing structure, profit margins, production, and value chain analysis as well as other significant variables driving the growth of the Patient Handling Equipment market. A geographical analysis of the Patient Handling Equipment reveals a slew of previously unexplored prospects in both regional and domestic markets. Users can analyse business shares, emerging product lines, the scope in new markets, pricing plans, innovation possibilities, and much more with detailed company profiling.
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Patient Handling Equipment market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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COVID-19 Impact Analysis on Patient Handling Equipment Market:
To obtain a better understanding of internal and external marketing issues, conduct multi-market research. The global Light Engine research includes market segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth (percent), Porter’s five force model, absolute US $ potential, and predicted market cost structure. Dimensional analytical methods such as SWOT and PESTEL analysis were also used.
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