Global Patient Lifting Equipment Market Trends: A Comparative Analysis for International Expansion Strategies

 According to the most recent analysis by Emergen Research, the size of the global market for patient lifting equipment is anticipated to reach USD 14.24 billion in 2032 and see a revenue CAGR of 12.7% during that time. One of the elements influencing the market's revenue growth is the rising danger of damage to healthcare professionals when handling patients physically. The Healthcare and Social Assistance sector (HCSA) has one of the highest and most consistently rising rates of occupational diseases and injuries. The Bureau of Labour Statistics (BLS) reports that in 2020, there will be a 40% increase in accident and illness cases. Nursing assistants had the highest frequency of musculoskeletal disorders of any job in 2020, with 15,360 cases. Musculoskeletal issues accounted for 52% of all nursing assistant absences from the workplace. As a result, the demand for patient lifting equipment is anticipated to grow over the forecast period.

The report is formulated with the updated and latest information of the global Patient Lifting Equipment market further validated and verified by the industry experts and professionals. The Global Patient Lifting Equipment Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Patient Lifting Equipment market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

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Competitive Terrain:

The global Patient Lifting Equipment industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Arjo, DJO, LLC, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Etac AB, GF Health Products, Inc., Guldmann Inc., Handicare, Invacare Corporation, Joerns Healthcare LLC, Medline Industries, LP

Additional information offered by the report:

  • Along with a complete overview of the global Patient Lifting Equipment market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Patient Lifting Equipment market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019–2032)

    • Ceiling Lifts
    • Star & Wheelchair Lifts
    • Mobile Lifts
    • Sit-To-Stand Lifts
    • Bath & Pool Lifts
    • Lifting Slings
    • Lifting Accessories

  • End-Use Outlook (Revenue, USD Billion; 2019–2032)

    • Hospitals
    • Home Care Settings
    • Elderly Care Facilities
    • Others

  • Regional Outlook (Revenue, USD Billion, 2019–2032)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Spain
      5. BENELUX
      6. Rest of Europe
    • Asia Pacific (APAC)
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America (LATAM)
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa (MEA)
      1. Saudi Arabia
      2. UAE
      3. Israel
      4. Rest of MEA

Radical Highlights of the Patient Lifting Equipment Market Report:

  • Comprehensive overview of the Patient Lifting Equipment market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Patient Lifting Equipment market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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