Patient Handling Equipment Market by Type (Patient Transfer Devices (Lifts , Sliding Sheets), Medical Beds (Electric, Manual), Mobility Devices (Powered Wheelchairs, Mobility Scooters), End User (Hospitals, Home-care Settings) & Region - Global Forecasts to 2027
Updated on : March 10, 2023
The global patient handling equipment market in terms of revenue was estimated to be worth $10.4 billion in 2022 and is poised to reach $14.0 billion by 2027, growing at a CAGR of 6.2% from 2022 to 2027. The current edition of the report consists of an updated market overview along with updated market assessments across all segments from 2020 to 2027. Also, updated industry trends, technology analysis, pricing analysis, and patent analysis have been provided in the market overview chapter. The current edition of the report considers an ongoing economic recession and provides an impact of the same on market sizing. Detailed qualitative insights on the recession's impact by region have been provided across the regional analysis section. The growth of this market is highly fueled by the growing number of geriatric and obese populations, the high risk of injuries to caregivers while manually handling patients, the rising number of patient admissions in hospitals, and the implementation of regulations and guidelines ensuring the safety of healthcare providers during the manual lifting process. However, the lack of training provided to caregivers for the proper care of patient handling equipment is a major factor hampering market growth.
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Patient Handling Equipment Market Dynamics
Drivers: Growing number of geriatric and obese populations
The number of people aged 60 and above has grown steadily over the years. The elderly population is more prone to fall-related injuries, which can lead to different types of functional disabilities and dependence on mobility equipment. According to the World Health Organization (WHO), by 2030, 1 in 6 people in the world will be 60 years of age or older. As a result, high growth in the geriatric population globally will drive the need for patient handling equipment.
Restraints: Lack of training provided to healthcare providers for the efficient operation of patient handling equipment
The healthcare providers spent a significant amount of time in patient handling operations across healthcare facilities. As a majority of time is spent on patient handling, it is important to implement effective training programs to create awareness regarding safe patient handling and to avoid any risk of injury during patient handling. Training plays an important role when lifting patients with special conditions, such as patients with pressure sores or burns, as well as bariatric patients.In the case of improper training, caregivers may gradually move to manual handling as they gain a better understanding of manual handling techniques and may find the use of patient lifting equipment cumbersome. This will hinder the adoption of patient handling equipment to some extent.
Opportunities: Increasing demand for home healthcare services
Globally, a rising number of government regulations and guidelines are being implemented to reduce the duration and cost of healthcare treatments. For instance, the Centers for Medicare and Medicaid Services (CMS) has implemented steps to promote nursing homes and home healthcare to decrease hospitalization rates. In general, providing care at a patient's home is more affordable than doing it in a facility, especially if the available informal care is well utilized. Moreover, with the rising number of new technologies, such as remote patient monitoring, the home care segment is expected to see significant growth in the upcoming years. The rising demand for home care will, in turn, increase the demand for equipment required for treating patients in home care settings, including mobility devices, patient transfer devices, and medical beds, in the upcoming years.
Challenges: Improper architectural designs of healthcare facilities
The physical environment plays an important role in providing supportive workplaces for staff in healthcare settings and promoting health and well-being for patients. According to the American Nursing Association (ANA), the physical environment can lead to restrictions on movement and positioning. It includes facility design, location, and access, including structures such as ramps and elevators, patient care and procedure rooms, corridors, ramps, floor materials, door sizes and location, and the size and condition of storage rooms. Design decisions should be based on the best available knowledge from research and practice, together with the evaluation of existing buildings, a process known as evidence-based design.
The patient transfer devices segment is expected to register the highest CAGR in the patient handling equipment market during the forecast period.
By type, the market is segmented into medical beds, mobility devices, patient transfer devices, stretchers and transport chairs, and toilet assist equipment. The patient transfer devices segment is expected to register the highest growth during the forecast period. This can be attributed to the increased incidence of lifestyle diseases such as obesity, the growing preference for home care among the growing obese population, and the growing adoption of ceiling lifts in bariatric patient handling practices.
The hospital segment accounted for the largest share in the patient handling equipment market in 2021.
By end users, the market is segmented into home care settings, hospitals, and other end users. The hospital segment accounted for the largest share of the market in 2021. This can be attributed to the rise in the geriatric population, the increase in the patient population, the rise in the number of injuries caused during the patient handling process, and the surge in the number of disabled people.
North America accounted for the second-largest share of the patient handling equipment market in 2021.
North America accounted for the second-largest share of the market. This can be attributed to the growing number of elderly care facilities, the increasing number of hospitals and ambulatory centers, the rising geriatric population in the US and Canada, and high healthcare expenditure.
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The patient handling equipment market is dominated by few globally established players such as include Arjo (Sweden), Baxter International Inc. (US), Savaria (Canada), Invacare Corporation (US), Stryker (US), Drive DeVilbiss Healthcare (US), Etac AB (Sweden), GF Health Products, Inc. (US), V. Guldmann A/S (Denmark), Joerns Healthcare LLC (US), Medline Industries, Inc. (US), Prism Medical UK Ltd. (UK), LINET (Czech Republic), Stiegelmeyer GmbH & Co. KG (Germany), Benmor Medical (UK), Malvetio Spa (Italy), EZ Way, Inc. (US).
Patient Handling Equipment Market Report Scope
Report Metric |
Details |
Market Revenue in 2022 |
$10.4 billion |
Estimated Value by 2027 |
$14.0 billion |
Growth Rate |
Poised to grow at a CAGR of 6.2% |
Market Driver |
Growing number of geriatric and obese populations |
Market Opportunity |
Increasing demand for home healthcare services |
Geographies covered |
North America, Europe, Asia Pacific, Latin America, and Middle East and Africa |
The study categorizes the patient handling equipment market to forecast revenue and analyze trends in each of the following submarkets
By Type
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Patient Transfer Devices
-
Patient Lifts
- Ceiling lifts
- Steel and wheelchair lifts
- Mobile lifts
- Sit-to-stand lifts
- Bath and pool lifts
- Slings
-
Air-assisted Lateral Transfer Mattresses
- Reusable air assisted mattresses
- Single-patient use air assisted mattresses
- Sliding sheets
- Accessories
-
Patient Lifts
-
Medical Beds
-
Medical Beds, By Type
- Electric Beds
- Manual Beds
- Semi-electric Beds
-
Medical Beds, By Application
- Acute Care
- Long-term Care
- Rehabilitation
- Bariatric Care
-
Medical Beds, By Type
-
Mobility Devices
-
Wheelchairs and Mobility Scooters
- Powered Wheelchairs
- Mobility Scooters
- Manual Wheelchairs
- Ambulatory Aids
-
Wheelchairs and Mobility Scooters
- Bathroom and Toilet Assist Equipment
- Stretchers and Transport Chairs
By End User
- Hospitals
- Home-care settings
- Other End Users
By Region
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
North America
- US
- Canada
-
Asia Pacific
- Japan
- China
- India
- Rest of Asia Pacific
-
Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
Recent Developments
- In September 2022, Handicare offers an expanded portfolio, including the Garaventa Lift range of wheelchair platform lifts, as well as new and improved products, such as the 4000 curved stairlifts.
- In May 2022, Invacare launched Birdie Evo XPLUS, an innovative patient lift solution for post-acute care settings. With its sleek and modern design, it provides innovative technology that helps maximize comfort and security when lifting or transferring a patient to or from a bed, chair or floor.
- In March 2022, Stryker launched the Multi-Position MATS Mobile Air Transfer System, that prevents patients from sliding during tilt procedures and protect nurses during pre- and post-surgical lateral transfers.
- In May 2021, Hill-Rom participated in the fire-side chat in the UBS Global Healthcare Virtual Conference to support its healthcare business.
Frequently Asked Questions (FAQ):
What is the projected market value of the global patient handling equipment market?
The global market of patient handling equipment is projected to reach USD 14.0 billion.
What is the estimated growth rate (CAGR) of the global patient handling equipment market for the next five years?
The global patient handling equipment market is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.2% from 2022 to 2027.
What are the major revenue pockets in the patient handling equipment market currently?
North America accounted for the second-largest share of the market. This can be attributed to the growing number of elderly care facilities, the increasing number of hospitals and ambulatory centers, the rising geriatric population in the US and Canada, and high healthcare expenditure.
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This research study involved the extensive use of both primary and secondary sources. Various factors affecting the industry were studied to identify the segmentation by type, end user, region, industry trends, key players, competitive landscape of different equipment provided by market players, key player strategies, and key market dynamics, such as drivers, restraints, opportunities, challenges, and industry trends.
Secondary Research
This research study involved the widespread use of secondary sources; directories; databases such as Dun & Bradstreet, Bloomberg Business, and Factiva; white papers; annual reports; and companies’ house documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the global patient handling market. It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments related to the market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the patient handling market. Primary sources from the demand side include key executives from hospitals, pharmaceutical and medical device companies, and research institutes.
A breakdown of the primary respondents is provided below:
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Market Size Estimation
The total size of the patient handling equipment market was arrived at after data triangulation from three different approaches, as mentioned below. After the completion of each approach, the weighted average of the the above approaches was taken based on the level of assumptions used in each approach.
Data Triangulation
After arriving at the market size, the total market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable.
Objectives of the Study
- To define, describe, and forecast the patient handling equipment market on the basis of type, end user, and region
- To provide detailed information about the factors influencing the market growth (such as drivers, restraints, challenges, and opportunities)
- To strategically analyze micromarkets1 with respect to the individual growth trends, prospects, and contributions to the overall patient handling equipment market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
- To forecast the size of the market segments with respect to five regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
- To profile the key players and comprehensively analyze their core competencies2 in terms of key developments, product portfolios, and recent financials
- To track and analyze competitive developments such as acquisitions, product launches, partnerships, and expansions in the patient handling equipment market
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per your company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Geographic Analysis
- Further breakdown of the Rest of Europe patient handling market into Austria, Belgium, and the Czech Republic.
Top players in the Patient Transfer Equipment Market by region
The patient transfer equipment market is highly competitive and includes several key players. Here are some of the top players in the patient transfer equipment market by region:
-
North America:
- Stryker Corporation
- Hill-Rom Holdings, Inc.
- ArjoHuntleigh, Inc.
- TransMotion Medical
- AliMed, Inc.
- EZ Way, Inc.
- HoverTech International
- AirPal, Inc.
- Blue Chip Medical Products, Inc.
- DiaMedical USA
-
Europe:
- Arjo AB
- Hill-Rom Holdings, Inc.
- Handicare Group AB
- Guldmann Inc.
- Mangar Health
- Patient Handling Europe AB
- Sidhil Ltd.
- Spectra Care Group
- Invacare Corporation
- Prism Medical UK
-
Asia-Pacific:
- Apex Health Care Mfg., Inc.
- Hengshui KangPu Technology Development Co., Ltd.
- Shanghai Pinxing Medical Equipment Co., Ltd.
- Jiangsu Saikang Medical Equipment Co., Ltd.
- Tzora Active Systems Ltd.
- Benmor Medical (UK) Ltd.
- Sidhil Ltd.
- Briggs Healthcare
- Vortran Medical Technology
- Sizewise Rentals, LLC
Industry impact of Patient Transfer Equipment Market
The patient transfer equipment market has the potential to impact several industries, including:
Healthcare industry: The healthcare industry is expected to be the primary beneficiary of the patient transfer equipment market. Patient transfer equipment such as hospital beds, patient lifts, and transfer chairs are essential for patient mobility and comfort, and they play a critical role in preventing falls, reducing injuries, and improving patient outcomes.
Medical device industry: The medical device industry is closely associated with the patient transfer equipment market. The growing demand for patient transfer equipment is expected to drive the development of new and innovative products, leading to increased competition among manufacturers.
Rehabilitation industry: The rehabilitation industry is also expected to be impacted by the growth of the patient transfer equipment market. Patient transfer equipment is commonly used in rehabilitation facilities to help patients regain mobility and independence.
Long-term care industry: The long-term care industry is expected to benefit from the growth of the patient transfer equipment market. Patient transfer equipment is essential for providing high-quality care to patients in long-term care facilities, such as nursing homes and assisted living facilities.
Homecare industry: The homecare industry is another industry that is expected to be impacted by the growth of the patient transfer equipment market. Patient transfer equipment is commonly used in homecare settings to assist with patient mobility and transfer, enabling patients to remain at home for longer periods.
Growth drivers for Patient Transfer Equipment Market from macro to micro
The patient transfer equipment market is expected to experience growth due to several macro and micro drivers, including:
Macro Drivers:
Aging population: The aging population is expected to be a significant macro driver for the patient transfer equipment market. As the population ages, the demand for patient transfer equipment, such as hospital beds, patient lifts, and transfer chairs, is expected to increase.
Increasing prevalence of chronic diseases: Chronic diseases, such as cardiovascular diseases, respiratory diseases, and diabetes, are on the rise globally. Patients with chronic diseases often require long-term care and rehabilitation, which increases the demand for patient transfer equipment.
Technological advancements: The development of new and innovative patient transfer equipment, such as powered patient lifts and transfer chairs, is expected to drive market growth.
Government initiatives: Government initiatives aimed at improving healthcare infrastructure and increasing access to healthcare services are expected to fuel the growth of the patient transfer equipment market.
Micro Drivers:
Rising demand for homecare services: The increasing demand for homecare services is expected to drive the growth of the patient transfer equipment market, as patient transfer equipment is essential for providing high-quality care to patients at home.
Growing number of hospitals and healthcare facilities: The growing number of hospitals and healthcare facilities worldwide is expected to increase the demand for patient transfer equipment, such as hospital beds and patient lifts.
Increasing awareness about patient safety and comfort: Patients are becoming more aware of the importance of safety and comfort during hospital stays. Patient transfer equipment, such as pressure-relieving mattresses and specialty beds, are increasingly being used to improve patient comfort and safety.
Rise in medical tourism: Medical tourism is on the rise globally, and patients traveling to other countries for medical treatment often require patient transfer equipment during their stay.
Future hypothetical challenges for Patient Transfer Equipment Market
High cost of equipment: Patient transfer equipment can be expensive, particularly advanced equipment such as powered patient lifts and specialty beds. The high cost of equipment may limit market growth, particularly in emerging economies with limited healthcare budgets.
Competition from low-cost alternatives: Competition from low-cost alternatives, such as manual patient lifts and basic hospital beds, may impact the demand for advanced patient transfer equipment.
Regulatory requirements: The patient transfer equipment market is subject to strict regulatory requirements, particularly in developed markets such as the United States and Europe. Adhering to these requirements can be time-consuming and costly for manufacturers, which may impact market growth.
Limited awareness and adoption in developing countries: Developing countries may have limited awareness and adoption of patient transfer equipment, particularly in rural areas with limited healthcare infrastructure.
Limited reimbursement policies: The lack of comprehensive reimbursement policies for patient transfer equipment may limit market growth, particularly in regions with limited healthcare budgets.
Maintenance and servicing requirements: Patient transfer equipment requires regular maintenance and servicing to ensure safety and effectiveness. The high cost of maintenance and servicing may impact the demand for advanced equipment.
Top 10 use cases including existing and futuristic for Patient Transfer Equipment Market
Patient mobility and transfer: Patient transfer equipment is used to safely and easily transfer patients between beds, chairs, and other surfaces. This includes equipment such as patient lifts, transfer boards, and slide sheets.
Bariatric patient care: Bariatric patients require specialized patient transfer equipment that can support their weight and ensure safe transfer. This includes bariatric patient lifts, transfer chairs, and specialty beds.
Fall prevention and injury reduction: Patient transfer equipment can help reduce the risk of falls and injuries during transfers. This includes equipment such as gait belts, fall mats, and transfer slings.
Rehabilitation and therapy: Patient transfer equipment can be used in rehabilitation and therapy settings to assist patients with mobility and transfer. This includes equipment such as therapy transfer benches and standing frames.
Home healthcare: Patient transfer equipment can be used in home healthcare settings to assist patients with mobility and transfer. This includes equipment such as portable patient lifts and transfer chairs.
Emergency medical services: Patient transfer equipment is essential for emergency medical services, where rapid and safe transfer of patients is critical. This includes equipment such as ambulance cots and transfer boards.
Operating room and surgical settings: Patient transfer equipment is used in operating rooms and surgical settings to safely transfer patients during procedures. This includes equipment such as surgical tables and patient positioning devices.
Pediatrics and neonatal care: Pediatric and neonatal patients require specialized patient transfer equipment that can support their unique needs. This includes equipment such as pediatric patient lifts and neonatal transport incubators.
Virtual reality and simulation training: Patient transfer equipment can be used in virtual reality and simulation training for healthcare providers to practice safe patient transfer techniques. This includes virtual reality simulators and simulation manikins.
Robotics and automation: The use of robotics and automation in patient transfer equipment is a futuristic use case. This includes robotic patient lifts and automated transfer systems that can safely transfer patients with minimal human intervention.
Growth opportunities and latent adjacency in Patient Handling Equipment Market