Market Overview:
The global transfer belts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in transfer belts. By type, the cotton material gait belt segment is expected to lead the global transfer belts market during the forecast period. This can be attributed to their high durability and comfort levels. By application, hospitals are expected to account for a major share of the global transfer belts market during the forecast period.
Product Definition:
A belt that transfers power from one pulley to another, usually as part of a machine.
Cotton Material Gait Belts:
Cotton material Gait Belt is a type of medical device used to treat conditions such as gait ataxia, spasticity, and other movement disorders. Cotton material Gait Belt is also known as Therapeutic cotton or Padding cotton. It's primary function is to provide pressure relief and act as a stabilizer for the body during walking therapy by absorbing shocks and vibrations that would normally cause pain or discomfort.
Composite Material Gait Belts:
Composite material Gait Belt is a type of medical device used to support patients suffering from mobility impairment or instability. It helps in maintaining the stability and balance of the body, which in turn reduces the risk for falls. Composite material Gait Belt has different types such as rigid, soft and semi-rigid composite materials based on patient’s need.
Application Insights:
The market is segmented by application into hospitals, clinics and home care. The clinics segment dominated the market in 2017 owing to an increase in geriatric population across the globe that requires continuous gait monitoring for improving their mobility. Moreover, transfer of technology from developed countries to developing countries is increasing due to which the adoption of these products has increased significantly over the past few years.
The home care application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in product demand for post-surgical recovery at home as compared on hospital grounds where these products are not used as extensively. Furthermore, rising awareness about transferable diseases and safety protocols implemented at hospitals are anticipated drive this industry growth over next few years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare sector in this region. In addition, increasing government initiatives for promoting physical activity among patients is expected to fuel market growth over the forecast period. For instance, according to a study published by CDC’s National Center for Health Statistics (NCHS), around 90% of adults aged 65 years and older reported doing some form of exercise on a regular basis.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising geriatric population and awareness about various available treatment options leading towards better health outcomes. Moreover, economic development coupled with improving healthcare infrastructure will also boost regional demand during the estimated time span.
Growth Factors:
- Increasing demand for conveyor belts in the automotive and food processing industries.
- Growing popularity of automated material handling systems across various industrial sectors.
- Rising investments in research and development activities for the development of advanced transfer belts technologies.
- Proliferation of e-commerce industry, which is fueling the demand for conveyor belts in parcel delivery applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Transfer Belts Market Research Report
By Type
Cotton Material Gait Belts, Composite Material Gait Belts, Others
By Application
Hospitals, Clinics, Home Care
By Companies
Posey, Patterson Medical, Humane Restraint Co., Skil Care Corp, Medline Industries, Essential Medical, Kinsman Ent, Mobility Transfer Systems,, Prism Medical, Alimed, Posey, Mckesson
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
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Transfer Belts Market Report Segments:
The global Transfer Belts market is segmented on the basis of:
Types
Cotton Material Gait Belts, Composite Material Gait Belts, Others
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, Clinics, Home Care
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:
- Posey
- Patterson Medical
- Humane Restraint Co.
- Skil Care Corp
- Medline Industries
- Essential Medical
- Kinsman Ent
- Mobility Transfer Systems,
- Prism Medical
- Alimed
- Posey
- Mckesson
Highlights of The Transfer Belts 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:
- Cotton Material Gait Belts
- Composite Material Gait Belts
- Others
- By Application:
- Hospitals
- Clinics
- Home Care
- 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 Transfer Belts 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
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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?
Transfer belts are a type of belt that is used to transfer weight from one part of the body to another. They are most commonly used in sports, such as football, rugby, and basketball.
Some of the major companies in the transfer belts market are Posey, Patterson Medical, Humane Restraint Co., Skil Care Corp, Medline Industries, Essential Medical, Kinsman Ent, Mobility Transfer Systems,, Prism Medical, Alimed, Posey, Mckesson.
The transfer belts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Transfer Belts 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 Transfer Belts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Transfer Belts 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 Transfer Belts 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 Transfer Belts Market Size & Forecast, 2018-2028 4.5.1 Transfer Belts Market Size and Y-o-Y Growth 4.5.2 Transfer Belts Market Absolute $ Opportunity
Chapter 5 Global Transfer Belts 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 Transfer Belts Market Size Forecast by Type
5.2.1 Cotton Material Gait Belts
5.2.2 Composite Material Gait Belts
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Transfer Belts 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 Transfer Belts Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Home Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Transfer Belts 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 Transfer Belts 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 Transfer Belts Analysis and Forecast
9.1 Introduction
9.2 North America Transfer Belts 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 Transfer Belts Market Size Forecast by Type
9.6.1 Cotton Material Gait Belts
9.6.2 Composite Material Gait Belts
9.6.3 Others
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 Transfer Belts Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Home Care
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 Transfer Belts Analysis and Forecast
10.1 Introduction
10.2 Europe Transfer Belts 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 Transfer Belts Market Size Forecast by Type
10.6.1 Cotton Material Gait Belts
10.6.2 Composite Material Gait Belts
10.6.3 Others
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 Transfer Belts Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Home Care
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 Transfer Belts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Transfer Belts 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 Transfer Belts Market Size Forecast by Type
11.6.1 Cotton Material Gait Belts
11.6.2 Composite Material Gait Belts
11.6.3 Others
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 Transfer Belts Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Home Care
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 Transfer Belts Analysis and Forecast
12.1 Introduction
12.2 Latin America Transfer Belts 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 Transfer Belts Market Size Forecast by Type
12.6.1 Cotton Material Gait Belts
12.6.2 Composite Material Gait Belts
12.6.3 Others
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 Transfer Belts Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Home Care
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) Transfer Belts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Transfer Belts 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) Transfer Belts Market Size Forecast by Type
13.6.1 Cotton Material Gait Belts
13.6.2 Composite Material Gait Belts
13.6.3 Others
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) Transfer Belts Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Home Care
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 Transfer Belts Market: Competitive Dashboard
14.2 Global Transfer Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Posey
14.3.2 Patterson Medical
14.3.3 Humane Restraint Co.
14.3.4 Skil Care Corp
14.3.5 Medline Industries
14.3.6 Essential Medical
14.3.7 Kinsman Ent
14.3.8 Mobility Transfer Systems,
14.3.9 Prism Medical
14.3.10 Alimed
14.3.11 Posey
14.3.12 Mckesson