The Business Research Company’s latest report Patient Handling Equipment Global Market Report 2020 covers Patient Handling Equipment market drivers, Patient Handling Equipment market trends, Patient Handling Equipment market segments, Patient Handling Equipment market growth rate, Patient Handling Equipment market major players, and Patient Handling Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Patient Handling Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Patient Handling Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global patient handling equipment market is expected to grow from $12.4 billion in 2019 to $15.11 billion in 2020 at a compound annual growth rate (CAGR) of 22.15%. The growth is mainly due to the COVID-19 pandemic that has affected millions across the globe with a significant increase in the number of patients across hospitals and other care facilities, increasing the demand for the patient handling equipment in 2020. The market is then expected to stabilize and reach $19.49 billion in 2023 at a CAGR of 8.85%.
The report covers the Patient Handling Equipment market’s segments-
1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Others.
2) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Others.
3) By End-User: Homecare, Hospitals, Others.
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