Patient Handling Equipment Market Size

Market Outlook:

Patient Handling Equipment Market exceeded USD 12.02 Billion in 2023 and is expected to cross USD 21.55 Billion by end of the year 2032, growing at over 6.7% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 12.02 Billion
• CAGR (2024-2032): 6.7%
• Forecast Year Value (2032): USD 21.55 Billion
• Historical Data Period: 2019-2023
• Largest Region: North America
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

The increasing prevalence of chronic diseases and age-related disabilities is driving the growth of the patient handling equipment market. As the geriatric population continues to grow, the demand for patient handling equipment such as hoists and lifts is expected to rise significantly. Additionally, advancements in technology and the introduction of innovative products like powered wheelchair ramps are further fueling market growth.

Industry

Report Scope

Report Coverage	Details
Segments Covered	Product, Application, End-use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Getinge, Stryker, Invacare, Hill Rom Services, Guldmann, HoverTech International, Handicare, Prism Medical, Ossenberg, Drive Medical

The high costs associated with patient handling equipment pose a major restraint to market growth. Many healthcare facilities, especially in developing countries, struggle to afford expensive equipment, which hinders market expansion. Furthermore, lack of skilled healthcare professionals trained in the proper use of patient handling equipment can limit market growth. Without proper training, the effectiveness of the equipment may be compromised, impacting patient safety and outcomes.