Patient Handling Devices Market

Global Patient Handling Devices Market Size (2024 to 2029)

The global patient handling devices market was worth USD 16.50 billion in 2024. The market is at a CAGR of 10.5% and will reach USD 27.18 billion by 2029.

Patient handling care equipment helps to improve patient care as there are highly used to lower the risk of injury while handling patients. Patient handling devices are mainly to shift the patient who cannot move. Advanced technologies are helping to manufacture different patient-handling devices in the market.

MARKET DRIVERS

Y-0-Y growth in the number of patients requiring patient-handling devices to balance their physical and medical conditions promotes the global patient handling devices market growth.

According to WHO, the world population is approximately 15% of disability disorders. Executing rules that occur for the safety of healthcare personnel during the manual lifting processes is a significant factor propelling the demand of the patient handling devices market. The growing geriatric population is also leveling up the demand of the market. This patient handling is also used in the home for older people after discharge from the Hospital. So many family caregivers are suffering from transferring senior people from one position to another. For these families, patient-handling devices are most helpful, which drives the market forward. Some people want to do their daily activities without the help of others. These works are made easy by using these handling devices.

These devices are also used for people suffering from accidents, back injuries, and chronic pains.

Considering all these factors, these patients' lifting devices are most helpful to senior citizens. Besides, improvement in healthcare infrastructures worldwide is enhancing the growth rate of the global patient-handling devices market.

The introduction of innovative products with the latest technology, especially in healthcare, is leveraging the growth rate of the global patient-handling devices market. Credence Research projects have been started over the past five years for research and development for patient handling devices. Some region, such as Europe and Asia, are increasing their investments in patient-handling devices. Sales of medical beds and patient transfer equipment have been increasing due to the increase in the older population and injured people. As a result of these demands, IoT and RFID technology have been used in patient-handling devices for more flexibility and more accessible use by users and caregivers. In addition, the growing prevalence of patient care is accelerating market growth.

MARKET RESTRAINTS

Problems that occur over a long period in handling overweight patients are one of the factors that are restraining patient handling devices' market growth. In addition, these devices are high in cost, limiting the market's growth rate. Furthermore, less availability of raw materials in manufacturing industries also hinders the demand of the patient handling devices market. Along with this lack of awareness of the usage of the devices among some people and a lack of skilled professionals also impede the market growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Patient Handling Devices Market Analysis By Accessories

The transfer accessories segment accounted for the largest market share of the patient handling market in 2023. During the forecast period, the transfer accessories segment is also likely to register a healthy CAGR due to the growing number of obese patients and various other factors. Patient transfer systems help in long- and short-distance patient transfers, depending on the situation. Additionally, these products reduce the chance of injury to caregivers when treating patients and save time. According to National Public Radio, almost 35,000 health practitioners in the United States suffer back and body injuries each year when treating patients.

The lifting segment is another notable segment and captures a considerable share of the worldwide market. These patient lifts are designed to lift and transfer patients from one place to another. These medical devices provide many benefits to patients and caregivers without injuring the patient and caregiver when they are used correctly. These patient lifting devices can be used most in hospitals, and some of them are also used at home. This device helps lift the patient from the bed, chair, etc. This lifting equipment can be used manually, with a battery or electric power.

Global Patient Handling Devices Market Analysis By End User

The hospital segment dominated the global patient handling market and will likely continue its domination during the forecast period. The segment growth is attributed to the growing adoption of patient-handling equipment for the medical safety of patients and caregivers. Also, the reason responsible for market growth is the increased enforcement of protection standards and regulatory pressure to meet these guidelines. For example, the National Public Protection Agency keeps track of patient safety issues in hospitals in the United Kingdom to optimize patient care. In addition, the spending to expand healthcare infrastructure to provide quality services and facilities is projected to drive market growth over the forecast period.

In the coming years, the home segment accounts for a notable share and is expected to grow at a healthy CAGR. Patient movements performed at home by a family member or health care providers are a risk process. The wrong move of the patients can lead to severe injuries. These home care devices are used for these people, which drives the segment forward. Safe Patient Handling and Mobility (SPHM) has reduced the injury rate among home health care providers and patients. This provides rules and regulations for the use of home care devices. In addition, caregivers should give proper training about the use of the device to reduce any further injuries.

REGIONAL ANALYSIS

North America led the market in 2023 and is expected to stay dominant in the global market throughout the forecast period.

The increasing incidence of MSD-caused injuries to caregivers, the growing geriatric population, and the rise in the widespread chronic diseases in this region are estimated to drive market growth—increasing hospital injury for patients, caregivers, and nurses in American hospitals, which drives the market forward. Patient lifting is a significant task for caregivers or healthcare workers in hospitals. Canadian regulations have taken more action in manufacturing patient lifting devices for the convenience of Canadian people.

Europe was the second biggest regional segment in the global market in 2023.

The European market is estimated to register a substantial share in the global market over the forecast period. Increased use of these medical devices due to the patient pool, increasing elderly care facilities and rehabilitation centers, and the possibility of reducing the risk of patient injuries are the driving factors for the patient handling devices market.

The Asia Pacific market is anticipated to be the fastest-growing region globally during the forecast period.

Factors such as the prevalence of chronic diseases and improving healthcare infrastructure are most likely to accelerate the market growth of the patient handling devices market in this region. In China, home-based healthcare is increased due to fewer hospital stays. Many governments in China have adopted by investing in devices that are helpful for the patient to move from one position to another who cannot move on their own. China is the second largest economy in the world and consists of a large number of older adults. Most of the hospitals in China give shorter hospital stays by providing more health services in their own homes. By considering all these factors, both Hospital and home-based devices have demand.

The market in the Middle East Africa region is expected to have a sluggish growth rate during the forecast period. However, government organizations adopting safety guidelines for manual handling and minimizing the risk of injuries to caregivers are projected to grow the market in this region.

KEY PLAYERS IN THE PATIENT HANDLING DEVICES MARKET

Some notable companies profiled in the report's global patient handling devices market are Benmor Medical, Etac Healthcare, Stryker Corporation, Handicare, Prism Medical, Linet, Mangar International, Inc., Invacare Corporation, and Guldmann, Inc.

RECENT HAPPENINGS IN THE GLOBAL MARKET

• In 2020, Arjo announced a partnership with PayPal to provide solutions for air-assisted lateral patient transfers. PayPal specializes in these devices that use an air cushion to improve patients' lateral movement and reduce the risk of damage to both patients and caregivers.
• In 2020, Invacare Corporation announced the Invacare AVIVA FX Power Wheelchair launch. It was developed based on the customer's requirement and improved the flexibility to move and do any task that they could do.
• In 2020, Stryker launched a wireless hospital bed named ProCuity that helps reduce patient falling from the bed in hospitals, improves the work efficiency of nurses, and reduces the additional cost.
• In June 2019, Prism Medical acquired Scottish, expected to accelerate its services in the UK. These companies are focused on improving patient lifting and bathing equipment.

DETAILED SEGMENTATION OF THE GLOBAL PATIENT HANDLING DEVICES MARKET INCLUDED IN THIS REPORT

This market research report on the global patient handling devices market has been segmented and sub-segmented based on bathroom safety, type care, accessories, end-user, and region.

By Accessories

• Lifting
• Transfer

By End User

• Home
• Hospital

By Region

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle East and Africa