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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 surpass $23 Billion by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Patient Handling EquipmentMarket: • The overall patient handling equipment industry, as claimed by Global Market Insights, Inc., will exceed a valuation of USD 23 billion by 2024. The figure is reportedly more than double the market valuation of USD 9.8 billion attained in 2016. • A transformational change has been observed in the healthcare fraternity with regards to value chain, from volume to outcome-based, patient centric approach. • Amidst the fierce share battle, product innovation is claimed to be one of the major growth strategies defining the sustainability quotient of the industry. • Citing a recent instance, HoverTech International, a leading giant in patient handling equipment market has recently extended its product line of highly breathable HoverMatt Single-Patient Use, specifically designed for pressure injury prevention. • Allegedly, with HoverMatt SPU, the caregivers can very smoothly turn, transfer, and position patients without much straining or lifting, given the fact there is a cushion of air beneath the inflated device which claims to reduce the pressure required to move the patient by almost 80% -90%.

  3. Continued... • Speaking along the similar lines, mobility assistance, unquestionably, is one of the lucrative application arenas of patient handling equipment market. • The study further depicted that the most common type of functional disability is mobility limitation- which is reported to be found in almost one in eight adults. • As per estimates, mobility assistance sector procured a major chunk of the overall patient handling equipment market share in 2016. • One of the major reasons for U.S. to become the favorite spot for patient handling equipment market investors can be quite comprehended from the aforementioned statistic with regards to mobility disability. • Considering the efforts that are being continuously undertaken by the U.S. government to reduce the equipment cost, U.S. patient handling equipment market is expected to witness a healthy growth over 2017-2024. • Driven by the increasing takeover of technology in equipment design, in tandem with its diversified application matrix, patient handling equipment industry is sure to gain remarkable proceeds in the coming years.

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

  5. Table of Content • Chapter 1. Methodology • 1.1. Research methodology • 1.1.1. Initial data exploration • 1.1.2. Statistical model and forecast • 1.1.3. Industry insights and validation • 1.1.4. Market definition and forecast parameters • 1.2. Data sources • 1.2.1. Primary • 1.2.2. Secondary • Chapter 2. Executive Summary • 2.1. Patient handling equipment industry 3600 synopsis, 2013 - 2024 (USD Million) • 2.1.1. Business trends • 2.1.2. Product trends • 2.1.3. Application trends • 2.1.4. End-use trends • 2.1.5. Regional trends

  6. Table of Content • Chapter 3. Patient Handling Equipment Industry Insights • 3.1. Industry segmentation • 3.2. Industry landscape, 2013 - 2024 (USD Million) • 3.3. Industry impact forces • 3.3.1. Growth drivers • 3.3.1.1. Escalating incidence of disabilities • 3.3.1.2. Rising geriatric population • 3.3.1.3. Risk of injuries to caregivers during manual handling of patients • 3.3.1.4. Implementation of regulations ensuring safety of healthcare personnel against manual lifting of patients • 3.3.2. Industry pitfalls & challenges • 3.3.2.1. Insufficient training provided to caregivers to operate patient handling equipment • 3.3.2.2. Difficulties in manual handling of bariatric patients

  7. Table of Content • 3.3.3. Growth potential analysis • 3.3.3.1. By product • 3.3.3.2. By application • 3.3.3.3. By end-use • 3.4. Regulatory landscape • 3.4.1. U.S. • 3.4.2. Europe • 3.5. Porter's analysis • 3.6. Competitive landscape, 2016 • 3.6.1. Strategy Dashboard • 3.7. PESTEL analysis

  8. 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

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