Market Overview:
The global patient lifting equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for home care services. Based on type, the global patient lifting equipment market is segmented into ceiling/overhead lifts, stair lifts, sit-to-stand lifts, and bath & pool lifts. Ceiling/overhead lift systems are used for transferring patients between different locations in a hospital or healthcare facility. These systems are also used for moving patients from their beds to wheelchairs or examination tables. Stair lifts are designed specifically for use on stairs and can be either straight or curved models depending on the layout of the stairs in a home or facility. Sit-to-stand lift systems allow users who have difficulty standing up from a seated position to do so with assistance from the lift system.
Product Definition:
Patient lifting equipment includes devices such as slings, lifts, and harnesses that are used to help move patients safely. These devices can help reduce the risk of injury to both the patient and the caregiver.
Ceiling/Overhead Lift:
A ceiling/overhead lift is a device used to raise patients or transfer them from one place to another. It is mainly used in medical settings for the movement of patients, bedridden individuals and others with physical disabilities. Ceiling/overhead lifts are also useful in moving equipment and supplies within medical facilities as well as between different facilities connected through a common corridor such as ICU, OT, ER etc.
Stair Lift:
A stair lift is a device used to transport patients or goods up and down the stairs. It consists of a platform with rails, which can be lowered or elevated by using an electric or manual control. The device is usually powered by batteries but some models are also equipped with external power supply.
The global stair lift market size was valued at USD 2,60,000 in 2016.
Application Insights:
Based on application, the global patient lifting equipment market has been segmented into hospital, home care, elderly care facility and others. The hospital segment dominated the overall industry in terms of revenue in 2017. This is attributed to increasing cases of trauma and chronic diseases that require medical procedures for proper treatment. Moreover, an increase in healthcare spending by governments as well as individuals is expected to boost product demand over the forecast period.
The home care segment accounted for a significant share owing to rising geriatric population base with conditions such as arthritis and mobility impairment that requires assistance with daily activities such as bathing or transferring from a bed to a chair or toilet seat. Furthermore, an increase in incidences related accidents at home due to improper safety measures taken by patients will drive demand over the forecast period (2017-2030).
Regional Analysis:
North America dominated the global market in 2017. The presence of a large geriatric population base and increasing healthcare expenditure are some of the major factors contributing to its growth. Europe is expected to be the second-largest regional market due to an increase in hospital admissions for rehabilitation, among others as a result of rising cases of Parkinson’s disease, arthritis, and other similar conditions. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure and growing patient awareness levels regarding these devices. In addition, an increase in investments by public & private players for developing new products will also drive this regional market further.
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 equipment, as these devices help caregivers lift and move elderly patients easily and safely.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, stroke, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increase in demand for patient lifting equipment as these devices help caregivers move patients with chronic illnesses easily and safely.
- Technological advancements: Patient lifting equipment manufacturers are constantly innovating their products with new features such as automatic weight detection systems that make it easier for caregivers to lift patients without putting strain on their backs or muscles. These technological advancements are helping fuel the growth of the patient lifting equipment market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Patient Lifting Equipment Market Research Report
By Type
Ceiling/Overhead Lift, Stair Lift, Sit to Stand Lift, Bath & Pool Lift
By Application
Hospital, Home Care, Elderly Care Facility
By Companies
Arjo, Guldmann, Handicare, Invacare, Joerns Healthcare, Medline Industries, GF Health Products, Active Mobility Systems, Graham-Field, Drive Medical, Hoyer, Molift, HME, HLS Healthcare, Home Medical Products Inc
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Patient Lifting Equipment Market Report Segments:
The global Patient Lifting Equipment market is segmented on the basis of:
Types
Ceiling/Overhead Lift, Stair Lift, Sit to Stand Lift, Bath & Pool Lift
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, Home Care, Elderly Care Facility
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
- Guldmann
- Handicare
- Invacare
- Joerns Healthcare
- Medline Industries
- GF Health Products
- Active Mobility Systems
- Graham-Field
- Drive Medical
- Hoyer
- Molift
- HME
- HLS Healthcare
- Home Medical Products Inc
Highlights of The Patient Lifting Equipment 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:
- Ceiling/Overhead Lift
- Stair Lift
- Sit to Stand Lift
- Bath & Pool Lift
- By Application:
- Hospital
- Home Care
- Elderly Care Facility
- 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 Equipment 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 equipment is a type of medical equipment that helps patients who are unable to move on their own. This equipment can help patients with different types of injuries, including spinal cord injuries and paralysis.
Some of the major companies in the patient lifting equipment market are Arjo, Guldmann, Handicare, Invacare, Joerns Healthcare, Medline Industries, GF Health Products, Active Mobility Systems, Graham-Field, Drive Medical, Hoyer, Molift, HME, HLS Healthcare, Home Medical Products Inc.
The patient lifting equipment market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Patient Lifting Equipment 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 Equipment 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 Equipment Market - Supply Chain
4.5. Global Patient Lifting Equipment Market Forecast
4.5.1. Patient Lifting Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Patient Lifting Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Patient Lifting Equipment Market Absolute $ Opportunity
5. Global Patient Lifting Equipment 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 Equipment Market Size and Volume Forecast by Type
5.3.1. Ceiling/Overhead Lift
5.3.2. Stair Lift
5.3.3. Sit to Stand Lift
5.3.4. Bath & Pool Lift
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Patient Lifting Equipment 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 Equipment Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Home Care
6.3.3. Elderly Care Facility
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Patient Lifting Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment Demand Share Forecast, 2019-2026
9. North America Patient Lifting Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Home Care
9.4.3. Elderly Care Facility
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Patient Lifting Equipment Market Size and Volume Forecast by Type
9.7.1. Ceiling/Overhead Lift
9.7.2. Stair Lift
9.7.3. Sit to Stand Lift
9.7.4. Bath & Pool Lift
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 Equipment Demand Share Forecast, 2019-2026
10. Latin America Patient Lifting Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Home Care
10.4.3. Elderly Care Facility
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Patient Lifting Equipment Market Size and Volume Forecast by Type
10.7.1. Ceiling/Overhead Lift
10.7.2. Stair Lift
10.7.3. Sit to Stand Lift
10.7.4. Bath & Pool Lift
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 Equipment Demand Share Forecast, 2019-2026
11. Europe Patient Lifting Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Home Care
11.4.3. Elderly Care Facility
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Patient Lifting Equipment Market Size and Volume Forecast by Type
11.7.1. Ceiling/Overhead Lift
11.7.2. Stair Lift
11.7.3. Sit to Stand Lift
11.7.4. Bath & Pool Lift
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Equipment Demand Share, 2019-2026
12. Asia Pacific Patient Lifting Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Home Care
12.4.3. Elderly Care Facility
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Patient Lifting Equipment Market Size and Volume Forecast by Type
12.7.1. Ceiling/Overhead Lift
12.7.2. Stair Lift
12.7.3. Sit to Stand Lift
12.7.4. Bath & Pool Lift
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 Equipment Demand Share, 2019-2026
13. Middle East & Africa Patient Lifting Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Home Care
13.4.3. Elderly Care Facility
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 Equipment Market Size and Volume Forecast by Type
13.7.1. Ceiling/Overhead Lift
13.7.2. Stair Lift
13.7.3. Sit to Stand Lift
13.7.4. Bath & Pool Lift
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 Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Patient Lifting Equipment Market: Market Share Analysis
14.2. Patient Lifting Equipment Distributors and Customers
14.3. Patient Lifting Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arjo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Guldmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Handicare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Invacare
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Joerns Healthcare
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medline Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GF Health Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Active Mobility Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Graham-Field
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Drive Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hoyer
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Molift
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HME
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. HLS Healthcare
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Home Medical Products Inc
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