Patient Handling Equipment Market Worth 17.18 Billion USD by 2021

PUNE, India, May 23, 2016 /PRNewswire/ --

According to a new market research report "Patient Handling Equipment Market by Product (Wheelchair, Scooters, Medical Beds, Bathroom Safety, Mechanical, Ambulatory), Type of Care (Bariatric Care, Critical Care, Wound), Accessories (Lifting, Transfer) & by End User (Home, Hospital) - Forecast to 2021", published by MarketsandMarkets, the patient handling equipment market is expected to reach USD 17.18 Billion by 2021 at a CAGR of 10.5% during the forecast period 2016 to 2021.

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Browse 137 market data tables with 69 figures spread through 201 pages and in-depth TOC on "Patient Handling Equipment Market"

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This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the patient handling equipment market along with estimates and forecasts of market revenue.

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Factors driving market growth include the increasing incidence of disabilities, growing geriatric population, high risk of injuries to caregivers during manual handling of patients, and the implementation of regulations against manual lifting of heavy loads. On the other hand, the lack of training provided to caregivers is the major market restraint.

In this report, the patient handling equipment market is broadly segmented on the basis of product, type of care, end user, accessory, and region. On the basis of product, the market is divided into wheelchairs and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids, and others (stretchers, hospital furniture, and evacuation equipment, among others). The medical beds segment is expected to account for the largest share of the patient handling equipment market in 2016. Its large share is attributed to the increasing preference for home care (and subsequent purchases of medical beds for home use) due to cuts in healthcare expenditure.