Patient Handling Equipment Market Worth 17.18 Billion USD by 2021 - Seite 2

On the basis of end users, the patient handling equipment market is segmented into home care settings, hospitals, elderly care facilities, and other end users (emergency medical services, long-term acute care, trauma centers, and nursing homes). The hospitals segment is expected to dominate the market, while the home care segment is expected to grow at the highest rate. This can be attributed to decreasing healthcare expenditure that has lowered investments in infrastructure and decreased hospital staff, while driving the preference for home care among patients.

On the basis of type of care, the patient handling equipment market is categorized into critical care, bariatric care, fall prevention, wound care, and others (long-term care and acute care). The wound care segment is expected to dominate the patient handling equipment market. Increase in government support for wound management practices is a major factor driving the market growth for this segment.

On the basis of accessories, the patient handling equipment market is segmented into lifting accessories, transfer accessories, evacuation accessories, medical bed accessories, and others (toilet seat risers, bathtub transfer benches, handheld showers, walker trays, walker platform attachments, and folding walker pouches). Lifting accessories are expected to account for the largest share of the accessories market. This share can be attributed to the increasing number of patients requiring assistance during transfers or relocation.

Europe is expected to account for largest share of the patient handling equipment market in 2016, and North America is estimated to grow at the highest rate. Factors such as the increasing incidences of non-communicable diseases leading to disability and government regulations mandating the use of patient handling equipment are driving the growth of the North American market. The growth of the Asia-Pacific region is propelled by factors such as rapidly growing patient handling industry and government efforts to maintain the high quality of products manufactured in the region.

Major players in this market include Stryker Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Invacare Corporation (U.S.), and Getinge Group (Sweden).

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