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Patient Handling Equipment Market to grow at 11% CAGR from 2017 to 2024

Get more details @ http://bit.ly/2zAy67W <br>Some of the major industry players are Hill-Rom, Stryker Corporation, Getinge Group, and Paramount Bed Holdings Co., Ltd. The key players adopt various strategies such as new product development, collaborations and expansions to expand their market position and product portfolio.

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Patient Handling Equipment Market to grow at 11% CAGR from 2017 to 2024

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  1. Patient Handling Equipment Market share to hit $23 Billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Patient Handling EquipmentMarket: • Global Market Insights, Inc. says, Patient Handling Equipment Market size is set to exceed USD 23 billion by 2024. • Increasing incidences of disabled population who need patient handling equipment and rising geriatric population will drive the market over the forecast period. • The growing injuries to caregivers due to manual lifting of patients and favorable government legislations supporting use of patient handling equipment will fuel the market growth. • Insufficient amount of training provided to the nursing staff to operate the patient handling equipment will be major factor hindering the adoption rate of these equipment. • Home care settings will witness fastest growth owing to gradual shift in patient preference of home care settings over hospitals. This is mainly due to lowered healthcare expenditure and decreasing investment in hospital infrastructure.

  3. Continued... • As the elderly population is more prone to problems such as cardiovascular disease, falls, injuries, bone and joint problems, the number of such patients needing medical beds is increasing. • Increasing number of non-communicable diseases such as stroke, osteoarthritis leading to disabilities is the growth rendering driver for mobility assistance application segment. • U.S. patient handling equipment market will grow at a healthy rate over the forecast period. The cost of back injuries in healthcare industry have been increasing gradually. • To combat this cost the U.S. government is promoting the use of patient handling to decrease the cost associated with lost productive days and turnover rate of nurses. • Some of the key players in the business are Hill-Rom, Stryker Corporation, Getinge Group, and Paramount Bed Holdings Co, among others. Companies implement various strategies such as collaborations, new product development, and technological advancement to fortify their product portfolio and maintain their market position.

  4. U.S. Patient Handling Equipment Market size, By Product, 2013-2024 (USD Million)

  5. Browse Full Market Research Report On Patient Handling Equipment Market @ http://bit.ly/2j5gcDp Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2142https://www.gminsights.com/request-sample/detail/49

  6. Stay In Touch Website: www.gminsights.com Social Media:

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