Market Overview:
The global patient lifting devices market is expected to grow at a CAGR of 5.8% 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 growing demand for home healthcare services. In addition, technological advancements in patient lifting devices are also contributing to the growth of this market. Based on type, the global patient lifting devices market is segmented into manual lifting devices and powerlifting devices. The manual lifting device segment is further sub-segmented into slings and belts/harnesses. The powerlifting device segment is further sub-segmented into electric lifts and hydraulic lifts. Based on application, the global patient lifting devices market is divided into hospital applications, clinic applications, home healthcare applications, and other applications (including military hospitals).
Product Definition:
A patient lifting device is a piece of medical equipment used to help caregivers lift and move patients who are unable to do so on their own. These devices can include manual or powered lifts, slings, and harnesses. They are important because they enable caregivers to safely move patients without causing them any pain or injury.
Manual Llifting Device:
Manual lifting device is a manually operated equipment used to transfer patients or objects. It’s an easy and effective way of transferring patients from one place to another without using any mechanical aids. The manual lifting devices are also known as patient lifters, patient hoists, or manual elevators.
Power Lifting Device:
Power lifting device is a mechanical device used to increase the weight of patients.
The power lifting device consists of two metal bars, one at each end. The barbells are attached to a frame or platform which can be raised and lowered by an electrical motor. Power lifters are available with different weights ranging from 5 kg up to 300 kg.
Application Insights:
Based on application, the global patient lifting devices market is segmented into hospital, clinic, home and others. The hospital segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as increasing number of surgeries and rising prevalence of chronic diseases requiring medical attention. Moreover, a rise in healthcare spending by governments across the globe has also contributed to this growth.
The Clinic segment is expected to grow at a significant rate over the forecast period owing to factors such as availability of advanced equipment for physical therapy and sports injuries along with highly skilled personnel for treatment purposes at clinics that have been established near one's place of residence or work place which helps avoid unnecessary travel expenses thereby enabling high penetration there compared to other locations where these facilities are not available locally thus driving demand globally over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high adoption rate of advanced technologies, and rising geriatric population are some major factors responsible for its large share. Moreover, increasing cases of osteoporosis among the aged population is further expected to drive demand over the forecast period.
The Asia Pacific region is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and growing awareness about osteoporosis care in emerging countries such as China and India. Furthermore, an increase in disposable income levels coupled with a rise in consumer health consciousness will also serve this regional market as a driving force over the next eight years.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for patient lifting devices, as they are essential for providing safe and effective assistance with transfers and mobility for elderly patients.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, stroke, diabetes, and arthritis is increasing globally due to changing lifestyles and aging populations. This is leading to an increased need for patient handling solutions such as lifting devices that can help caregivers manage these patients safely and effectively.
- Technological advancements: Patient lifting device manufacturers are constantly innovating their products with new features such as adjustable height ranges, lightweight designs, integrated braking systems etc., making them more user-friendly and efficient than ever before. This is resulting in greater adoption rates among healthcare facilities worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patient Lifting Devices Market Research Report
By Type
Manual Llifting Device, Power Lifting Device
By Application
Hospital, Clinic, Home, Other
By Companies
Arjo AB, Drive DeVilbiss Healthcare, Etac AB, GF Health Products, Handicare Group, Hill-Rom Holdings, Invacare, Medline Industries, V. Guldmann
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Patient Lifting Devices Market Report Segments:
The global Patient Lifting Devices market is segmented on the basis of:
Types
Manual Llifting Device, Power Lifting Device
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
Hospital, Clinic, Home, Other
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:
- Arjo AB
- Drive DeVilbiss Healthcare
- Etac AB
- GF Health Products
- Handicare Group
- Hill-Rom Holdings
- Invacare
- Medline Industries
- V. Guldmann
Highlights of The Patient Lifting Devices 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:
- Manual Llifting Device
- Power Lifting Device
- By Application:
- Hospital
- Clinic
- Home
- Other
- 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 Patient Lifting Devices 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.
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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?
Patient lifting devices are medical equipment that help patients with disabilities or chronic conditions to safely and easily lift objects. These devices can be used in hospitals, long-term care facilities, and homes.
Some of the key players operating in the patient lifting devices market are Arjo AB, Drive DeVilbiss Healthcare, Etac AB, GF Health Products, Handicare Group, Hill-Rom Holdings, Invacare, Medline Industries, V. Guldmann.
The patient lifting devices market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Patient Lifting Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Patient Lifting Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Patient Lifting Devices Market - Supply Chain
4.5. Global Patient Lifting Devices Market Forecast
4.5.1. Patient Lifting Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Patient Lifting Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Patient Lifting Devices Market Absolute $ Opportunity
5. Global Patient Lifting Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Patient Lifting Devices Market Size and Volume Forecast by Type
5.3.1. Manual Llifting Device
5.3.2. Power Lifting Device
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Patient Lifting Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Patient Lifting Devices Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Home
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Patient Lifting Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Patient Lifting Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Patient Lifting Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Patient Lifting Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Patient Lifting Devices Demand Share Forecast, 2019-2026
9. North America Patient Lifting Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Patient Lifting Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Patient Lifting Devices Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Home
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Patient Lifting Devices Market Size and Volume Forecast by Type
9.7.1. Manual Llifting Device
9.7.2. Power Lifting Device
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Patient Lifting Devices Demand Share Forecast, 2019-2026
10. Latin America Patient Lifting Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Patient Lifting Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Patient Lifting Devices Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Home
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Patient Lifting Devices Market Size and Volume Forecast by Type
10.7.1. Manual Llifting Device
10.7.2. Power Lifting Device
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Patient Lifting Devices Demand Share Forecast, 2019-2026
11. Europe Patient Lifting Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Patient Lifting Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Patient Lifting Devices Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Home
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Patient Lifting Devices Market Size and Volume Forecast by Type
11.7.1. Manual Llifting Device
11.7.2. Power Lifting Device
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y GrowthProjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Patient Lifting Devices Demand Share, 2019-2026
12. Asia Pacific Patient Lifting Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Patient Lifting Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Patient Lifting Devices Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Home
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Patient Lifting Devices Market Size and Volume Forecast by Type
12.7.1. Manual Llifting Device
12.7.2. Power Lifting Device
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Patient Lifting Devices Demand Share, 2019-2026
13. Middle East & Africa Patient Lifting Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Patient Lifting Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Patient Lifting Devices Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Home
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Patient Lifting Devices Market Size and Volume Forecast by Type
13.7.1. Manual Llifting Device
13.7.2. Power Lifting Device
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Patient Lifting Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Patient Lifting Devices Market: Market Share Analysis
14.2. Patient Lifting Devices Distributors and Customers
14.3. Patient Lifting Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arjo AB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Drive DeVilbiss Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Etac AB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GF Health Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Handicare Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hill-Rom Holdings
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Invacare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Medline Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. V. Guldmann
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
