Patient Handling Equipment Companies

Arjo (Sweden) and Stryker Corporation (US) are Leading Players in the Patient Handling Equipment Market

The patient handling equipment market is projected to reach USD 16.4 billion by 2030 from USD 12.4 billion in 2025, at a CAGR of 5.8% during the forecast period.

The key factors driving the growth of the patient handling equipment market include the rising number of hospital admissions; the increasing incidence of chronic diseases such as cardiovascular diseases, stroke, and Parkinson's disease; and the growing focus on preventive care, which are expected to fuel the demand for ergonomic and technologically advanced patient handling equipment. Additionally, with the expanding geriatric population and subsequent rise in age-associated disorders, hospitals & clinics are focused on adopting reliable patient handling equipment for the forecast period.

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Some of the prominent players operating in the market include Arjo (Sweden), Baxter International Inc. (US), Savaria Corporation (Canada), Stryker Corporation (US), Drive DeVilbiss Healthcare (US), Etac AB (Sweden), GF Health Products, Inc. (US), V. Guldmann A/S (Denmark), Joerns Healthcare (US), Medline Industries, LP (US), Prism Healthcare Group (UK), and LINET Group (Netherlands), among others.

Arjo (Sweden)

Arjo is a global medical device company dedicated to enhancing patient mobility. The company offers a range of innovative devices and services, including medical beds, ceiling lifts, standing and raising aids, slings, and bathing and showering systems, all designed to facilitate safe and efficient care routines. Arjo strategically positions itself within the patient handling equipment sector by addressing urgent needs in both acute & long-term care facilities. The primary customers of the firm include public & private healthcare institutions worldwide. Present in over 100 countries, Arjo operates five product development & manufacturing units globally. The company is committed to continuous R&D; in 2024, it allocated 2.8% of its annual revenue to R&D, demonstrating its ongoing efforts to innovate new products. For instance, in April 2025, Arjo launched the Maxi Move 5, a new mobile patient floor lift to improve patient care, showcasing the company's commitment to advancing patient handling equipment.

Stryker Corporation (US)

Stryker Corporation has established itself as a leader in the patient handling equipment market, primarily due to its ability to distribute products across 75 countries worldwide. The company operates through a combination of company-owned subsidiaries and branches, as well as third-party dealers & distributors, which helps maintain a smooth & efficient supply chain. Stryker manufactures advanced stretchers, transport chairs, and medical beds for hospitals and other end users. The MedSurg and Neurotechnology segment of the company has been steadily growing at approximately 11.1% in 2024, and Stryker is consistently working to enhance its products in response to rising demand. In March 2022, the company launched an emergency cot designed to offer improved maneuverability and increased patient safety. This development demonstrates Stryker's commitment to introducing advanced products in the patient handling equipment market. The company's impressive investment of USD 14.44 billion in R&D in 2024 highlights its dedication to maintaining its market presence.

Market Ranking

The ranking of firms in the patient handling equipment market is based on market share analysis, secondary research, and validation from primary respondents. This rating considers revenue from product portfolio breadth and depth, innovation, and approvals/launches. The patient handling equipment market is fragmented, with five leading players collectively holding 25–50% of the market share. The analysis states Arjo (Sweden), Baxter International, Inc. (US), Stryker Corporation (US), Savaria Corporation (Canada), and Drive Devilbiss Healthcare (US) as the top five players leading the market of patient handling equipment. Arjo (Sweden) stands out in the industry for its diverse portfolio of advanced patient handling equipment, while Baxter International, Inc. (US) maintains a strong global presence with its advanced portfolio of medical beds and other patient handling equipment. Additionally, Stryker Corporation (US) and Drive Devilbiss Healthcare (US) are leading players in the market, offering advanced ergonomic patient handling equipment tailored for hospitals, rehabilitation facilities, and senior care facilities. The remaining 50–75% of the market is shared among other regional and emerging vendors, contributing to extensive fragmentation and offering opportunities for smaller players to establish a footprint.

Related Reports:

Patient Handling Equipment Market by Type (Patient Transfer (Ceiling Lifts, Stair Lifts, Slings), Medical Beds, Mobility Equipment (Walkers, Canes, Crutches), Stretchers), Application (Bariatric, Acute, Long-term), End User - Global Forecast to 2030

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Patient Handling Equipment Market Size,  Share & Growth Report
Report Code
MD 2708
RI Published ON
6/3/2025
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