Patient Lifting Equipment Market Research: Revenue Growth Factors and Key Players Contributions from Isha's blog

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 also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Patient Lifting Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

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

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Emergen Research has segmented the global Patient Lifting Equipment market on the basis of type, application, end-use, and region:

• 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
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. Spain
    5. BENELUX
    6. Rest of Europe
  • Asia Pacific (APAC)
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America (LATAM)
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa (MEA)
    1. Saudi Arabia
    2. UAE
    3. Israel
    4. Rest of MEA

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Patient Lifting Equipment Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Patient Lifting Equipment Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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