Welcome!

News Feed Item

Patient Handling Equipment Market Worth $14,227.1 Million by 2019

DALLAS, September 3, 2014 /PRNewswire/ --

According to the new research report "Patient Handling Equipment Market by Product (Wheelchair, Scooter, Beds, Bathroom Safety, Mechanical, Ambulatory), Type of Care (Bariatric, Fall, Critical, Wound), Accessories (Lifting, Transfer) & End User (Home Care, Hospital) - Global Forecast to 2019" published by MarketsandMarkets, the global Patient Handling Equipment Market will reach $14,227.1 Million by 2019 growing at a 10.7% CAGR during the forecast period (2014-2019).

Browse 41 market data tables and 51 figures spread through 150 pages and in-depth TOC on "Patient Handling Equipment Market"

http://www.marketsandmarkets.com/Market-Reports/patient-handling-equipment-market-186358368.html
Early buyers will receive 10% customization on this report.

The Patient Handling Equipment Market is segmented by product, by type of care, by end user and by accessories. The driving factors of the Patient Handling Equipment Market include growing population size of the elderly, rising incidences of unhealthy lifestyle leading to increase in the number of individuals with disabilities, and technological developments. However factors restraining the market include lack of trained professional to leverage the benefits of safe patient handling and limited availability of patients handling equipment in health care institutions.

According to type of products, the market is further segregated into wheelchair and scooters, medical beds, bathroom safety supplies, mechanical equipment, non-mechanical equipment, ambulatory aids and others. The largest market share was accounted by medical beds whereas non mechanical was the fastest growing products with a double digit CAGR.

Based on type of care, the Patient Handling Equipment Market is further segmented into bariatric care, fall prevention, critical care, wound care and others such as acute care and & long term care. Wound care is expected to account for the largest share in 2014, followed by fall prevention and critical care. Critical care will be the highest growing segment due to the awareness of risks that are associated with critical care. The care givers such as the nurses are at high risk for development of work-related musculoskeletal disorders (WMSDs). The use of patient handling equipment has resulted in decrease in the WMSDs which has boosted the market growth.

The Patient Handling Equipment Market by end users is segmented into, home care, hospitals, elderly care homes and others (emergency medical services, long-term acute care, trauma centers and nursing homes). Hospitals will account for the largest market share in 2014. However home care segment is expected to grow at the highest rate. Rising concern for reduction of healthcare expenditure is exerting pressure on healthcare industry to minimize the cost of care and homecare fulfill this need in greater extent as it is much more affordable as compared to hospital stay.

Inquiry before buying @  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=186358368 

Geographic analysis reveals that Europe occupied the largest share in 2014. However, the growth of this region is expected to be lower than North America in the forecast period. The factors restraining the European market growth are saturation of the market thus rendering less scope for expansion of the market.

North America will account for the second largest market share in 2014. The North American region will grow at a high growth rate which can be attributed to the presence of huge market scope for expansion. Also North America has rising aging population and lifestyle diseases that are further adding to the overall prevalence of disabilities which will further add to the growth of the market. Asia-Pacific region will grow with the healthy CAGR in forecast period. High population base and enhanced purchasing power of the middle class will be the major driving force of this market. Moreover, the economic instability in the western countries has been the driving force for the companies to focus on the APAC region in order to meet their revenue targets.

The key players in this market include Stryker Inc, Hill-Rom Inc.(U.S.), ArjoHuntleighInc(Sweden), Guldmann Inc.(Denmark), Invacare Corporation(U.S.), Linet Inc.(Czech republic), Stiegelmeyer Inc. (Germany), Joerns healthcare(U.S.), Handicare Inc.(Norway) and Prism Medical (U.S.)

Browse related reports 

Hospital Asset Management Market - Pharmaceutical [Wi-Fi RTLS, RFID (Tags - Active & Passive, Software), IR, Ultrasound, Equipment & Patient Tracking, Staff Safety, Temperature & Humidity Monitoring, Drug Counterfeit] - Global Forecast to 2017

http://www.marketsandmarkets.com/Market-Reports/healthcare-and-pharmaceuticals-asset-management-market-1195.html

Home Healthcare Market (Equipment, Service & Telehealth/Telemedicine) Current Trends, Opportunities & Global Forecasts to 2016

http://www.marketsandmarkets.com/Market-Reports/home-healthcare-equipment-market-696.html

About MarketsandMarkets  

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]

Visit MarketsandMarkets Blog @http://mnmblog.org/market-research/healthcare/medical-devices


More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...