Market Overview:
The global lateral patient transfers market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgeries and rising demand for air-assisted lateral transfer mattresses and sliding sheets. In addition, the growing geriatric population is also contributing to the growth of this market. However, lack of awareness about these products may restrain the growth of this market during the forecast period. On the basis of type, air-assisted lateral transfer mattresses are expected to account for a major share in this market during the forecast period owing to their high demand across hospitals and ambulatory surgical centers (ASCs). On the basis of application, hospitals are expected to dominate this market duringthe forecast period owingto their large customer base across regions.
Product Definition:
A lateral patient transfer is the movement of a patient from one surface to another, typically from a bed to a wheelchair or vice versa. This type of transfer is important because it prevents musculoskeletal injuries in both the caregiver and the patient.
Air-Assisted Lateral Transfer Mattress:
The Air-Assisted Lateral Transfer Mattress (ALTM) is a patient transfer device that uses the principle of air-assist to provide stability and comfort to patients during lateral patient transfers. It’s main components are a mattress, rail system, and inflation valve. The inflation valve can be operated by hand or automatically via an attached foot pump.
Sliding Sheets:
Sliding sheets are thin, flat pieces of plastic or metal designed to fit between the mattress and the box spring in a hospital bed. They allow lateral (side-to-side) movement of the bed, which is important for patients who need to transfer from their beds into wheelchairs, walkers or crutches. The product also aids in providing comfort and convenience while sleeping as it helps reduce pressure on sore joints and muscles.
Application Insights:
The hospital segment dominated the global lateral patient transfers market in 2017. This is attributed to a high number of hospitals and surgical centers that offer this service. According to the National Health Statistics Report, 2016, there were approximately 562,000 total knee replacement procedures performed in the U.S., which accounts for around 1 out of every 200 people aged 65 years or older who had this procedure done in 2015. Thus, increasing demand for these services from patients at a hospital is expected to drive growth over the forecast period.
The others application segment includes clinics.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels. The region is expected to maintain its dominance throughout the forecast period due to continuous innovations and development of advanced products for efficient patient care.
Asia Pacific is anticipated to be one of the fastest growing regions over the forecast period owing rising demand for cost-effective & quality medical services in developing economies such as India and China. Increasing geriatric population, improving lifestyle conditions are some major factors contributing towards growth in this region.
In 2016, an estimated 1 million people died due to CVDs or cerebrovascular diseases (CVDs) globally; however only around 50% deaths were reported from low and middle income countries (LMCIs).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The lateral patient transfer market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these surgeries require less tissue damage and result in shorter hospital stays and faster recoveries.
- Rising geriatric population: The global geriatric population is expected to grow at a rapid pace in the next few years, which will create a high demand for lateral patient transfers products and services. This is because elderly patients are more susceptible to injuries and are often unable to move around without assistance.
- Technological advancements: Lateral patient transfer technology is constantly evolving, with new products being launched regularly into the market. This has helped boost the adoption of these products, especially among hospitals and clinics that are looking for ways to improve their workflow efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lateral Patient Transfers Market Research Report
By Type
Air-Assisted Lateral Transfer Mattress, Sliding Sheets, Accessories
By Application
Hospitals, Ambulatory Surgical Center, Others
By Companies
Stryker Corporation, Hill-Rom, Etac Group, Handicare Group, McAuley Medical, HoverTech International, Patient Positioning Systems LLC, Stryker Corporation (Sage Products LLC), Getinge AB (ArjoHuntleigh)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Lateral Patient Transfers Market Report Segments:
The global Lateral Patient Transfers market is segmented on the basis of:
Types
Air-Assisted Lateral Transfer Mattress, Sliding Sheets, Accessories
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Center, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stryker Corporation
- Hill-Rom
- Etac Group
- Handicare Group
- McAuley Medical
- HoverTech International
- Patient Positioning Systems LLC
- Stryker Corporation (Sage Products LLC)
- Getinge AB (ArjoHuntleigh)
Highlights of The Lateral Patient Transfers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air-Assisted Lateral Transfer Mattress
- Sliding Sheets
- Accessories
- By Application:
- Hospitals
- Ambulatory Surgical Center
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lateral Patient Transfers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lateral patient transfers are when a patient is transferred from one hospital to another within the same health system.
Some of the major players in the lateral patient transfers market are Stryker Corporation, Hill-Rom, Etac Group, Handicare Group, McAuley Medical, HoverTech International, Patient Positioning Systems LLC, Stryker Corporation (Sage Products LLC), Getinge AB (ArjoHuntleigh).
The lateral patient transfers market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lateral Patient Transfers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lateral Patient Transfers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lateral Patient Transfers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lateral Patient Transfers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lateral Patient Transfers Market Size & Forecast, 2018-2028
4.5.1 Lateral Patient Transfers Market Size and Y-o-Y Growth
4.5.2 Lateral Patient Transfers Market Absolute $ Opportunity
Chapter 5 Global Lateral Patient Transfers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lateral Patient Transfers Market Size Forecast by Type
5.2.1 Air-Assisted Lateral Transfer Mattress
5.2.2 Sliding Sheets
5.2.3 Accessories
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lateral Patient Transfers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lateral Patient Transfers Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lateral Patient Transfers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lateral Patient Transfers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lateral Patient Transfers Analysis and Forecast
9.1 Introduction
9.2 North America Lateral Patient Transfers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lateral Patient Transfers Market Size Forecast by Type
9.6.1 Air-Assisted Lateral Transfer Mattress
9.6.2 Sliding Sheets
9.6.3 Accessories
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lateral Patient Transfers Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Center
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lateral Patient Transfers Analysis and Forecast
10.1 Introduction
10.2 Europe Lateral Patient Transfers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lateral Patient Transfers Market Size Forecast by Type
10.6.1 Air-Assisted Lateral Transfer Mattress
10.6.2 Sliding Sheets
10.6.3 Accessories
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lateral Patient Transfers Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Center
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lateral Patient Transfers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lateral Patient Transfers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lateral Patient Transfers Market Size Forecast by Type
11.6.1 Air-Assisted Lateral Transfer Mattress
11.6.2 Sliding Sheets
11.6.3 Accessories
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lateral Patient Transfers Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Center
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lateral Patient Transfers Analysis and Forecast
12.1 Introduction
12.2 Latin America Lateral Patient Transfers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lateral Patient Transfers Market Size Forecast by Type
12.6.1 Air-Assisted Lateral Transfer Mattress
12.6.2 Sliding Sheets
12.6.3 Accessories
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lateral Patient Transfers Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Center
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lateral Patient Transfers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lateral Patient Transfers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lateral Patient Transfers Market Size Forecast by Type
13.6.1 Air-Assisted Lateral Transfer Mattress
13.6.2 Sliding Sheets
13.6.3 Accessories
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lateral Patient Transfers Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Center
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lateral Patient Transfers Market: Competitive Dashboard
14.2 Global Lateral Patient Transfers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker Corporation
14.3.2 Hill-Rom
14.3.3 Etac Group
14.3.4 Handicare Group
14.3.5 McAuley Medical
14.3.6 HoverTech International
14.3.7 Patient Positioning Systems LLC
14.3.8 Stryker Corporation (Sage Products LLC)
14.3.9 Getinge AB (ArjoHuntleigh)
