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Patient Lifting Equipment Market

The global patient lifting equipment market size is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.7% during the forecast period.

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Patient Lifting Equipment Market

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  1. Patient Lifting XXXXX XXXXXX Market Global Forecast to 20XX Equipment Market Global Forecast to 2024 XXXXX XXXXX Market is expected to reach $XXXXX Billion by 20XX $ 5.4 Billion by 2024 Patient Lifting Equipment Market is expected to reach Growing at a CAGR of XX% (20XX – 20XX) CAGR of 12.7% (2019 – 2024) Growing at a

  2. The global patient lifting equipment market size is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.7% during the forecast period.

  3. Major Key Players Arjo (Sweden) Hill-Rom (US) Invacare (US) Handicare (Sweden)

  4. Hill Rom (US) was one of the major players operating in the patient lifting equipment market in the year 2018. The company has a wide range of product offerings in this market. To maintain its market position, the company mainly focuses on new developments by making significant investments in R&D. In 2018, the company invested about USD 0.4 billion in R&D, which accounted for (4.8%) of its total revenue. The company mainly focuses on new product developments, which enabled them for product innovation and ultimately helped to enhance its product offerings for the patient lifting equipment market.

  5. Arjo (Sweden) is among the leading players in the patient lifting equipment market. Arjo’s major customers include private and public institutions providing acute and long-term care. The company has a strong global geographic presence, which has helped it broaden the sales and distribution of patient lift market. Approximately 23% of Arjo’s total sales are attributed to its patient handling equipment portfolio. The company has a wide range of product offerings, which includes ceiling lifts, standing and raising aids, floor lifts, and slings.

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