According to the most recent analysis by Emergen Research, the size of the global market for patient lifting equipment is anticipated to reach USD 14.24 billion in 2032 and see a revenue CAGR of 12.7% during that time. One of the elements influencing the market's revenue growth is the rising danger of damage to healthcare professionals when handling patients physically. The Healthcare and Social Assistance sector (HCSA) has one of the highest and most consistently rising rates of occupational diseases and injuries. The Bureau of Labour Statistics (BLS) reports that in 2020, there will be a 40% increase in accident and illness cases. Nursing assistants had the highest frequency of musculoskeletal disorders of any job in 2020, with 15,360 cases. Musculoskeletal issues accounted for 52% of all nursing assistant absences from the workplace. As a result, the demand for patient lifting equipment is anticipated to grow over the forecast period.
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Patient Lifting Equipment market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Arjo, DJO, LLC, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Etac AB, GF Health Products, Inc., Guldmann Inc., Handicare, Invacare Corporation, Joerns Healthcare LLC, Medline Industries, LP
Research Report on the Patient Lifting Equipment Market Addresses the Following Key Questions:
- Who are the dominant players of the Patient Lifting Equipment market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Patient Lifting Equipment market?
- What are the key growth drivers and restraining factors of the Patient Lifting Equipment market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Patient Lifting Equipment market and its key segments?
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Emergen Research has segmented the global Patient Lifting Equipment market on the basis of type, type of care, and region
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2032)
- Ceiling Lifts
- Star Wheelchair Lifts
- Mobile Lifts
- Sit-To-Stand Lifts
- Bath Pool Lifts
- Lifting Slings
- Lifting Accessories
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Home Care Settings
- Elderly Care Facilities
- Others
Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America (LATAM)
- Brazil
- Rest of LATAM
- Middle East Africa (MEA)
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
- North America
In conclusion, the Patient Lifting Equipment Market report is an exhaustive database that will help readers formulate lucrative strategies. The Patient Lifting Equipment Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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