The study looks at 34 countries that travel industry experts believe to be desirable travel destinations. Based on their expected investment needs, dominance in certain geographic industries, and worldwide reach, top corporations are chosen for benchmarking and profiling. The entire market impact of each regional, global, and local rival has been considered.

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Patient Handling Equipment Market Overview:

It was possible to calculate the total market size by segments and nations by performing a micro level analysis of each country. Using a bottom-up approach, the sizes of the regional and global markets are estimated. It is possible to ascertain what percentage of the overall market the unorganised market makes up by micro-analysing each nation. The market's drivers, restrictions, and possibilities must be thoroughly investigated by the business structure. After that, the findings are verified by talking to well-known local businessmen. The secondary inquiry and analysis of the same uses data from both for-profit and open-source sources. Data about each player's output and consumption is gathered from a variety of sources, such as open and closed registries and, in the case of publicly traded companies, the company's financial reports. You could get in touch with the tax division of your local government if financial records are not made public.

Patient Handling Equipment Market size was valued at USD 12.9 Bn. in 2021 and the total Patient Handling Equipment revenue is expected to grow by 4 % from 2022 to 2029, reaching nearly USD 17.6 Bn.

Patient Handling Equipment Market

Patient Handling Equipment Market Dynamics:

Market analyses and projections for MMR are made using simulation models. Each query is given its own distinct model. Data on market dynamics, pricing patterns, the technology environment, application development, and market dynamics are all simultaneously provided to the model. The relative significance of these elements and their potential implications on the forecast period are examined using correlation, regression, and time series analysis. Technological analysis, market knowledge, and subject comprehension are tools for market forecasting. In contrast to econometric models, which are usually used for short-term forecasting, technology market models are typically utilised for long-term forecasting. The convergence of the corporate environment, regulatory surroundings, economic prospects, and technical landscape supports these findings. To develop global estimates, it is best to estimate markets from the bottom up using data from key regional markets. To ensure accuracy and a complete understanding of the subject, this must be done.

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Patient Handling Equipment Market Segment:

Growing number of post-surgery disability

According to the World Health Organization, an estimated 1.9 million patients suffering from some sort of impairment in 2018, and the number of disabled patients is expected to climb to 2.83 million patients by 2030. The growing demand for improved technical goods in the medical industry, as well as the increased requirement for equipment to treat patients following essential operations such as orthopedic, cardiac, and bariatric procedures, will boost the patient handling equipment market during the forecast period. The growing frequency of impairments following catastrophic accidents and operations, as well as an increase in the senior population, are expected to drive the patient-handling equipment market. The advent of technologically enhanced efficient goods that are easy to use and help careers avoid musculoskeletal diseases is expected to fuel growth in the forecast period.

Geriatric and obese populations to increase the market for Patient Handling Equipment

Growing life expectancy, the number of persons aged 60 and more has gradually increased over time. According to the United Nations Database on World Population Ageing 2020, the worldwide geriatric population will grow significantly, from 727 million in 2020 to 1.5 billion by 2050. The elderly are more vulnerable to fall-related accidents, which can result in a variety of functional limitations and reliance on mobility equipment. As a result, the worldwide elderly population rise will fuel demand for Patient Handling Equipment Market According to the WHO, the global prevalence of obesity has nearly quadrupled since 1975. Around 39 million children under the age of five were overweight or obese in 2020. Caregivers are put at risk of injury during repositioning and nursing care tasks when caring for bariatric patients. There are several sorts of devices available on the market for dealing with bariatric patients. Despite the availability of specialist equipment for obese patients, caregivers may find it difficult to manage them due to their reduced mobility. The overall number of injuries occurring when treating obese patients can be decreased by using suitable assistive equipment, collaboration, and good direction. New solutions including specially built beds, support surfaces, bariatric lifts, slings, and chairs can assist enhance the safety of both fat patients and caregivers.

Regional Analysis:

The five primary geographical regions of the Patient Handling Equipment market are North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Research methodology:

  • Top-down and bottom-up methods are used to estimate and validate the size of the worldwide Patient Handling Equipment market. Participants diligently adhere to the many classification requirements set forth by the firm to compile a comprehensive list of notable and active players. The businesses that are most relevant to the market under consideration are chosen after a thorough validation procedure.
  • Preference lists are arranged using commercial databases like Factiva, Bloomberg, and others in accordance with the revenue generated in the most recent quarter.
  • In addition, the questionnaire was created expressly to meet all requirements for appointment-only primary data collection based on the key target categories. This facilitates our ability to gather data on a variety of topics, including player earnings, operating costs, profit margins, and the expansion of various commodities and services. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and other sources are used to verify about 70-80% of the data before usage.

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Patient Handling Equipment Market Key players:

• Invacare Corporation
• Stryker
• Drive divibliss healthcare, Inc.
• ETAC AB
• GF Health Products, Inc.
• Guldmann,Inc.,
• Handicare group AB
• Joerns Healthcare LLC,
• Medline Industries,
• Prism Medical UK,
• Linet
• Stiegelmeyer GmbH & Co. KG,
• Savaria
• Malvestio Spa
• EZ Way, Inc.,
• Ossenberg GmbH,

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