Patient Lifting Equipment Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.8% from 2026 to 2033, reaching USD 4.8 Billion by 2033.
In 2022, the global patient lifting equipment market was valued at approximately USD 5.46 billion, with projections indicating growth to around USD 9.62 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.5% during the forecast period. North America held a significant share, accounting for about 36.6% of the market. This dominance is attributed to stringent safety regulations and substantial investments in research and development for ergonomic and user friendly products. Europe followed closely, securing a 30.8% market share in 2023, driven by the presence of numerous healthcare facilities equipped with advanced patient handling equipment and a strong emphasis on patient safety regulations.The Asia Pacific region accounted for 19.7% of the market share and is expected to experience significant growth, propelled by an increasing patient population with chronic conditions such as arthritis and stroke, which necessitate assistive equipment for safe movement. Notably, Chinas patient lifting equipment market is projected to expand at an impressive CAGR of approximately 11% from 2022 to 2027, reflecting the countrys growing elderly population and heightened focus on healthcare infrastructure. Overall, the global markets expansion is driven by factors such as the rising geriatric population, increasing prevalence of chronic diseases, and technological advancements in patient handling equipment.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=831224&utm_source=Pulse_G_April&utm_medium=212
Â
Arjo
DJO global
Drive DeVilbiss healthcare
ETAC
GF Health Products
Guldmann
Handicare
Hill-Rom Holdings
Inc
Invacare
Joerns Healthcare
Medline Industries
Prism Medical
Â
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=831224&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global Patient Lifting Equipment Market
Manual Patient Lifts
Electric Patient Lifts
Transfer Aids
Patient Lifting Slings
Overhead Ceiling Lifts
Hospitals
Nursing Homes
Home Care Settings
Rehabilitation Centers
Long-term Care Facilities
Wheelchair Transfers
Bed Transfers
Bathroom Transfers
Vehicle Transfers
Routine Lifting for Hygiene Care
Non-Mobile Patients
Partially Mobile Patients
Mobile Patients
Direct Sales
Online Retail
Medical Equipment Distributors
Healthcare Supply Companies
Specialized Medical Device Stores
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/patient-lifting-equipment-market/
1. Introduction of the Global Patient Lifting Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Patient Lifting Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Patient Lifting Equipment Market, By Type
6. Global Patient Lifting Equipment Market, By Application
7. Global Patient Lifting Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Patient Lifting Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/