Global Patient Lifting Equipment market drivers and restraints Market research report offers a panoramic view of the Patient Lifting Equipment market drivers and restraints market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Patient Lifting Equipment market drivers and restraints market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
The report is updated with the impact of the COVID-19 pandemic on the Patient Lifting Equipment market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Patient Lifting Equipment market has been positive or negative.
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.
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The report further divides the Patient Lifting Equipment market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Patient Lifting Equipment market.
Patient Lifting Equipment Market Segmentation:
-
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
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America (LATAM)
- Brazil
- Rest of LATAM
- Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
- North America
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The report also studies the key companies of the Patient Lifting Equipment market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Patient Lifting Equipment market include:
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
The Global Patient Lifting Equipment Report is a panoramic study of the overall Patient Lifting Equipment market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Patient Lifting Equipment market. The report provides a detailed analysis of the key factors of the Patient Lifting Equipment market that are expected to have a positive impact on the growth of the Patient Lifting Equipment industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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