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Published Date: 2016-06-07Number of Pages: 108

Patient Handling Equipment Market (Product Type - Lifting Slings, Wheelchairs, Medical Beds, Ambulatory Aids, Shower, Bath and Toileting Equipment; End-user - Hospital, Nursing Home, Assisted Living Facility, Home Healthcare) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Patient Handling Equipment Market: Snapshot

The demand in the global patient handling equipment market is projected to increment at a robust CAGR of 10.20% during the forecast period of 2016 to 2024, gaining traction from a number of factors such as rising geriatric population, high risk of injuries to caregivers as well as the patients during manual handling, increasing incidence of disabilities, and implementation of regulations pertaining to the safety at the healthcare facilities. On the other hand, the lack of skilled professionals to handle these equipment is hindering the market from attaining its true potential. Nevertheless, the vendors operating in the global patient handling equipment market are expected to gain new opportunities from private institutional nursing and the entry of several major players in domestic markets.

As per the estimations of the report, the global patient handling equipment market will be worth US$22.4 bn by the end of 2024, significantly up from its evaluated valuation of US$9.5 bn in 2015. The healthcare industry is currently flourishing in a number of developed and emerging economies, and if the vendors operating in this market can formulate a way to train professionals to operate these equipment, the demand will be ideally met.

Medical Bed Segment Remains Most Prominent

Based on product-type, the market for patient handling equipment has been segment into wheelchairs, lifting slings, medical beds, ambulatory aids, and shower, bath, and toileting equipment. In 2015, medical bed segment was most profitable, and considering they are mandatory equipment for the caregivers and are readily invested on by the hospitals, the segment is expected to remain the most important throughout the forecast period. Moreover, a number of high-end super-specialty healthcare facilities are coming up, which are willing to invest on the latest products that enable their patients in bathing, walking, and toileting. Financially equipped patients in the urban parts of the world are also driven towards hospitals with modern facility, and thereby providing traction to the medical bed segment of the global patient handling equipment market. Curative care beds, long-term care beds, and psychiatric care beds are some of the sub-segments of the medical beds that are gaining demand across the world.

Europe Remains Highly Profitable Region

From geographical perspective, some of the most important regions for the patient handling equipment market are North America, Europe, and Asia Pacific. Among these, Europe held the leading position in 2015, and is likely to retain its top position throughout the forecast period, owing to robust healthcare infrastructure and government regulations in respective countries. On the other hand, the region of Asia Pacific, which resides some of the most promising emerging economies such as India, China, and Japan, are expected to turn into highly lucrative region towards the end of the forecast period. Growing popularity of medical tourism is also expected to favor the added demand for patient handling equipment from Asia Pacific.

ArjoHuntleigh (Getinge Group) is identified as the most prominent company currently operating in the global patient handling equipment market, although the report also picks out a few other notable players, such as V.Guldmann A/S, DJO Global, Hill-Rom Holdings, Inc., Invacare Corporation, Etac AB, Joerns Healthcare LLC, Permobil AB, Prism Medical, Stiegelmeyer & Co. GMBH, Stryker Corporation, Patterson Medical Holdings, Inc., and Sunrise Medical LLC.

Table of Content

1. Preface
    1.1. Report Description
    1.2. Market Segmentation
    1.3. Research Methodology
    1.4. Assumptions

2. Executive Summary
    2.1. Global Patient Handling Equipment Market Share, by Geography, 2014–2023 (Value %)
    2.2. Market Snapshot: Global Patient Handling Equipment Market
    2.3. Introduction: Global Patient Handling Equipment Market, 2016–2024
    2.4. Global Patient Handling Equipment Market, by Product Type, 2016–2024  (US$ Mn)
    2.5. Global Patient Handling Equipment Market, by End User Type, 2016–2024 (Value %)

3. Global Patient Handling Equipment Market – Market Overview
    3.1. Introduction
    3.2. Market Dynamics
          3.2.1. Market Drivers
          3.2.2. Restraints
          3.2.3. Opportunity
          3.2.4. Regulatory Framework 
          3.2.5. Global Trend Analysis: Key Pointers
    3.3. Porter’s Five Forces Analysis: Global Patient Handling Equipment Market
    3.4. Market Attractiveness Analysis: Global Patient Handling Equipment Market
    3.5. Competitive Landscape, Global Patient Handling Equipment Market, 2015

4. Market Segmentation – By Product Type
    4.1. Introduction
    4.2. Global Lifting Slings Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024
    4.3. Global Wheelchairs Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024
    4.4. Global Medical Beds Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024
    4.5. Global Medical Beds Market Revenue, 2014–2024(US$ Mn)
    4.6. Global Ambulatory Aids (Walkers, Cranes and Crutches) Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024
    4.7. Global Shower, Bath & Toileting Equipment Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024
    4.8. Global Others Market Revenue & Volume Analysis, by Product, (US$ Mn & No. of Units), 2014–2024 

5. Market Segmentation – By End Users
    5.1. Global Patient Handling Equipment Market Revenue, by End Users, (US$ Mn), 2014 – 2024
    5.2. Global Patient Handling Equipment Market Revenue, by Hospitals, (US$ Mn), 2014 – 2024
    5.3. Global Patient Handling Equipment Market Revenue, by Nursing Homes, (US$ Mn), 2014 – 2024
    5.4. Global Patient Handling Equipment Market Revenue, by Assisted Living Facilities, (US$ Mn), 2014 – 2024
    5.5. Global Patient Handling Equipment Market Revenue, Home Healthcare, (US$ Mn), 2014 – 2024
    5.6. Global Patient Handling Equipment Market Revenue, by Other End Users, (US$ Mn), 2014 – 2024

6. Market Segmentation – By Geography
    6.1. Introduction
          6.1.1. Global Patient Handling Equipment Market Revenue, by Geography, 2014–2024(US$ Mn)
    6.2. North America Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
          6.2.1. U.S.
          6.2.2. Canada
    6.3. Europe Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
          6.3.1. Germany
          6.3.2. U.K
          6.3.3. Rest of Europe
    6.4. Asia Pacific Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
          6.4.1. Japan
          6.4.2. India
          6.4.3. Rest of Asia Pacific
    6.5. Rest of the World Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
          6.5.1. Latin America
          6.5.2. Middle East Patient Handling Equipment Market Revenue, 2014–2024(US$ Mn)

7. Recommendations

8. Company Profiles
    8.1. ArjoHuntleigh (Getinge Group)
    8.2. DJO Global
    8.3. Etac AB
    8.4. Hill-Rom Holdings, Inc.
    8.5. Invacare Corporation
    8.6. Joerns Healthcare LLC
    8.7. Patterson Medical Holdings, Inc.
    8.8. Prism Medical
    8.9. Stiegelmeyer & Co. GMBH
    8.10. Stryker Corporation
    8.11. Sunrise Medical LLC.    
    8.12. V.Guldmann A/S

List of Figures

FIG. 1 Global Patient Handling Equipment Market Revenue, by Product, (US$ Mn), 2015
FIG. 2 Global Patient Handling Equipment Market Share, by End User Type, (Value%), 2015
FIG. 3 Global Patient Handling Equipment Market Share, by End User Type, (Value%), 2024
FIG. 4 Porter’s Five Forces Analysis: Global Patient Handling Equipment Market 
FIG. 5 Market Attractiveness Analysis, by Geography, (CAGR%), (2015)
FIG. 6 Market Share Analysis: Global Patient Handling Equipment Market, by Key Players, 2015 (Value %)
FIG. 7 Global Lifting Slings Market Revenue, by Product, (US$ Mn), 2014–2024
FIG. 8 Global Lifting Slings Market Volume, by Product, (No. of Units), 2014–2024
FIG. 9 Global Wheelchairs Market Revenue, (US$ Mn), 2014–2024
FIG. 10 Global Wheelchairs Market Volume, (US$ Mn), 2014–2024
FIG. 11 Global Medical Beds Market Revenue, (US$ Mn), 2014–2024
FIG. 12 Global Medical Beds Market Volume, (No. of Units) 2014–2024
FIG. 13 Global Ambulatory Aids (walkers crutches and canes) Market Revenue, (US$ Mn), 2014–2024
FIG. 14 Global Ambulatory Aids (walkers crutches and canes) Market Volume, (No. of Units), 2014–2024
FIG. 15 Global Shower, Bath & Toileting Equipment Market Revenue, (US$ Mn), 2014–2024
FIG. 16 Global Shower, Bath & Toileting Equipment Market Volume, (No. of Units), 2014–2024
FIG. 17 Global Others (transfer & positioning aids, patient lifts etc.) Market, 2014–2024 (US$ Mn)
FIG. 18 Global Others (e.g. transfer & positioning aids, patient lifts etc.) (No. of Units), 2014–2024
FIG. 19 Global Hospitals Market Revenue, (US$ Mn), 2014–2024
FIG. 20 Global Nursing Homes Market Revenue, (US$ Mn), 2014–2024
FIG. 21 Global Assisted Living Facilities Market Revenue, (US$ Mn), 2014–2024
FIG. 22 Global Home Health Care Market Revenue, (US$ Mn), 2014–2024
FIG. 23 Global Other End-users Market Revenue, (US$ Mn), 2014–2024
FIG. 24 U.S. Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 25 Germany Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 26 U.K. Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 27 Rest of Europe Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 28 Japan Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 29 India Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 30 Rest of Asia Pacific Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 31 Latin America Patient Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 32 Middle East & Africa Handling Equipment Market Revenue (US$ Mn), 2014–2024
FIG. 33 ArjoHuntleigh (Getinge Group, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 34 DJO Global, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 35 V.Guldmann A/S, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 36 Hill-Rom Holdings, Inc., Annual Revenue, 2013–2015 (US$ Mn)
FIG. 37 Etac AB, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 38 Invacare Corporation, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 39 Joerns Healthcare LLC, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 40 Patterson Medical Holdings, Inc. , Annual Revenue, 2013–2015 (US$ Mn)
FIG. 41 Permobil AB, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 42 Prism Medical, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 43 Stiegelmeyer & Co. GMBH, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 44 Stryker Corporation, Annual Revenue, 2013–2015 (US$ Mn)
FIG. 45 Sunrise Medical LLC, Annual Revenue, 2013–2015 (US$ Mn)

List of Tables

TABLE 1 Patient Handling Equipment Market Snapshot: 2014
TABLE 2 Global Patient Handling Equipment Market Revenue, by Product, (US$ Mn), 2014–2024
TABLE 3 Global Patient Handling Equipment Market Revenue, by End-user (US$ Mn), 2014–2024
TABLE 4 Global Patient Handling Equipment Market Revenue, by Geography, 2014–2024(US$ Mn)
TABLE 5 North America Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
TABLE 6 Europe Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
TABLE 7 Asia Pacific Patient Handling Equipment Market Revenue, by Country, 2014–2024(US$ Mn)
TABLE 8 Rest of the World Patient Handling Equipment Market Revenue, by Region, (US$ Mn), 2014–2024 

This report analyzes the current and future prospects of the patient handling equipment market across the globe during the forecast period from 2016 to 2024.The research is a robust combination of primary and secondary research. Primary research formed the bulk of our research efforts with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. The report provides market size in terms of US$ Mn, volume (No. of Units), and compound annual growth rate (CAGR %) for each product segment during the forecast period from 2016 to 2024, considering 2014 and 2015 as base years.

The report also includes market size in terms of US$ Mn for end user and geography segment considering the macro and micro environmental factors. Growth rates for each segment within the global patient handling equipment market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, and regulatory requirements. The market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments and sub-segments of the market. It also provides information and data analysis of the global patient handling equipment market with respect to market segments based on the product type, end user type and geographic analysis. Based on product type, the global patient handling equipment market has been segmented into lifting slings, wheelchairs, lifting slings, wheelchairs, medical beds, ambulatory aids, shower, bath and toileting equipment, and others (patient lifts, transfer assists, lateral and repositioning devices, patient turners, leg lifters, transfer poles etc.).

Based on end users, the global patient handling equipment market has been segmented into hospital, nursing home, assisted living facility, home healthcare and others (trauma center, rehabilitation and paramedical service center). Market size estimations involved in-depth study of product features of different types of patient handling equipment. Additionally, market related factors such as increasing preference for technologically advanced equipment’s, product innovation and growing number of acute and chronic patients with neuromuscular diseases and degenerative disorders in various geographies and historical year-on-year growth have been taken into consideration while estimating the market size.

Furthermore, based on geography, the market has been analyzed into major regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). The market size and forecast for each of these regions has been provided for the period from 2014 to 2024, along with their respective CAGRs for the forecast period from 2016 to 2024, considering 2014 and 2015 as base years. The report also provides with market size and forecast for select countries in the respective regions, namely, the U.S., Canada, U.K., Germany, Japan, India, Latin America, and Middle East & Africa. A detailed qualitative analysis of factors responsible for driving and restraining the market growth and future opportunities has been provided in the market overview section. This section of the report also provides with market attractiveness analysis, providing a thorough analysis of the overall competitive scenario in the global patient handling equipment market.

A list of recommendations has been provided for new entrants as well as existing market players to assist them in taking strategic initiatives to establish a strong presence in the market. The report also profiles major players in the market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. The global patient handling equipment market is highly fragmented marked by the presence of global companies as well as local manufacturers operating in this space. Some of the key players in the global patient handling market include

The global patient handling equipment market has been segmented as follows:

Patient Handling Equipment Market, by Product Type

  • Lifting Slings
  • Wheelchairs
  • Medical Beds
  • Ambulatory Aids
  • Shower, Bath and Toileting Equipment
  • Others

Patient Handling Equipment Market, by End User

  • Hospital
  • Nursing Home
  • Assisted Living Facility
  • Home Healthcare
  • Others (Trauma, Rehabilitation & Paramedical Centers)

Patient Handling Equipment Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East & Africa


 
 
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