Global Patient Lifting Equipment Market Statistic was valued nearly USD 2.41 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to the latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 11.78% during the forecast period that is 2017-2025. Market growth is largely driven by factors such as growing personal healthcare awareness, need high healthcare infrastructure, high risk of injuries to caregivers during the manual handling of patients, new research and development in the medical equipment sector. The increasing aged population across the globe is one of the major factors which is projected to drive the market demand and growth during the forecast period. North America dominated the market in 2017 and is projected to hold the largest market share during the forecast period in terms of technology and revenue, which is followed by the Asia Pacific.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global patient lifting equipment market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global patient lifting equipment market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Segment Analysis

This research report segments the market for patient lifting equipment on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

Product Insights: On the basis of type the global patient lifting equipment market has been segmented into Ceiling/Overhead Lift, Stair Lift, Mobile/Floor Lift, Sit to Stand Lift, Bath & Pool Lift, Lifting Slings, Lifting Accessories and others. The mobile lifts segment led the market growth in 2017 and is anticipated to be the fastest-growing segment over the forecast period in terms of demand and revenue. Another segment will contribute significant growth in the coming years due to the products witnessing measurable demand. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

End-Use Analysis: Based on the application the worldwide patient lifting equipment market has been categorized into Hospital, Home Care, Elderly Care Facility and others. In 2018 the Home Care segment was valued to collect healthy growth rate and is estimated to show its continued dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for the aforementioned period.

Regional Analysis

The global patient lifting equipment market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America dominated the market in 2017 and is projected to hold largest market share during the forecast period in terms of technology and revenue, which is followed by Europe due to increasing number of aged population in these regions, highly matured healthcare industry, key manufacturers presence in North America region, and High investment by manufacturers in research and development which will improve the technique to easy handle patients. The Asia Pacific is projected to second-largest market in the global in terms of revenue and demand during the forecast period owing to high population in this region particularly India and China, Government subside on healthcare and medical devices which is resulted in high demand, and government support for new investment. Middle East and Africa held the measurable growth in the global patient lifting equipment market in 2018 and will expand at the significant CAGR during the forecast years.   

Global Patient Lifting Equipment Market Size, Share Analysis, By Region 2017

Global Patient Lifting Equipment Market Study Objective

1. To forecast the market size of the patient lifting equipment market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. Patient lifting equipment market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. The patient lifting equipment market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and The Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the patient lifting equipment market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

Arjo, DJO global, Drive DeVilbiss Healthcare, ETAC, GF Health Products, Guldmann, Handicare, Hill-Rom Holdings, Inc., Joerns Healthcare, Medline Industries, Prism Medical UK. Stryker Corporation; Inc.; Invacare Corporation; Getinge Group; Guldmann, Inc.; Stiegelmeyer, Inc.; Benmor Medical Ltd.; Sidhil, Ltd.; ArjoHuntleigh, Inc.; Etac Ltd.; Joerns Healthcare, Inc.; Handicare, Inc.; Mangar International Ltd.; Linet Americas, Inc.; and Prism Medical Ltd. These are the major key players will contribute significant growth and share in the global patient lifting equipment market in coming years  

Global Patient Lifting Equipment Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment, and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.