Patient Lifting Equipment Market Size, Share Analysis, Key Companies, and Forecast To 2032
The Global Patient Lifting Equipment market drivers and restraints Market report provides vital information that prepares market players to give fierce competition to their toughest competitors based on growth, sales, and revenue, among other essential factors. The study has been conducted on the basis of inputs from the industry leaders. Thus, a conscious effort to dive deep and unearth hard to find information pertaining to the growing market landscape and growth prospects over the next few years is clearly visible in the study. The market intelligence report further comprises of discussions about the major vendors operating in the Patient Lifting Equipment market drivers and restraints space.
The report offers an accurate forecast estimation of the Patient Lifting Equipment industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Patient Lifting Equipment market.
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.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Patient Lifting Equipment market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Patient Lifting Equipment market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Patient Lifting Equipment market.
Radical Highlights of the Patient Lifting Equipment Market Report:
Comprehensive overview of the Patient Lifting Equipment market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Patient Lifting Equipment market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
The report also discusses the key players involved in the market such as
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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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Patient Lifting Equipment Market Segmentation:
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
Regional Segmentation;
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)
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