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Patient Mechanical Lift Handling Equipment Market

Patient Mechanical Lift Handling Equipment Market Market Research Report – Segmented By Product Type (STAND UP & RAISING LIFTS/AID, OVERHEAD/CEILING LIFTS, FLOOR-BASED LIFTS, GANTRY LIFTS, POWERED SIT-TO-STAND LIFTS, BATH PATIENT LIFTERS, OTHERS), By End User (HOMECARE, HOSPITALS, ELDERLY CARE HOMES, OTHERS) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Patient Mechanical Lift Handling Equipment Market was valued at US $12.70 billion in 2021 and is projected to grow at 2.43% CAGR over the forecast period to reach US $14.67 billion by 2027. Patient Mechanical Lift Handling Equipment Market represented US $0.60 billion opportunity over 2019-2021 and estimated to create US $1.97 billion opportunity in 2027 over 2021.

Patient Mechanical Lift Handling Equipment Market Size (2019 - 2027), USD billion

Patient Mechanical Lift Handling Equipment from Consainsights analyses the Patient Mechanical Lift Handling Equipment Market in the Life Sciences industry over the forecast period to 2027.

Patient Mechanical Lift Handling Equipment research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Patient Mechanical Lift Handling Equipment segmentation includes Product Type, End User and Geography.

Based on the Product Type, the Patient Mechanical Lift Handling Equipment analysis covers STAND UP & RAISING LIFTS/AID, OVERHEAD/CEILING LIFTS, FLOOR-BASED LIFTS, GANTRY LIFTS, POWERED SIT-TO-STAND LIFTS, BATH PATIENT LIFTERS, OTHERS.

In Product Type segment, STAND UP & RAISING LIFTS/AID segment has highest cagr growth of 2.16%.

Revenue Share (%), By Product Type (2021)

Based on the End User, the Patient Mechanical Lift Handling Equipment analysis covers HOMECARE, HOSPITALS, ELDERLY CARE HOMES, OTHERS.

In End User segment, HOMECARE segment has highest cagr growth of 2.16%.

Revenue Share (%), By End User (2021)

Based on the region, the Patient Mechanical Lift Handling Equipment analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include GAINSBOROUGH SPECIALIST BATHING, GETINGE GROUP, HANDICARE GROUP AB, HILL ROM HOLDING INC. (WELCH ALLYN, INC.), INVACARE CORPORATION, JOERNS HEALTHCARE, INC., MANGAR INTERNATIONAL, INC., STRYKER CORPORATION, SUNRISE MEDICAL LLC, V. GULDMANN A/S (GULDMANN INC) and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product Type

Introduction

In 2021, STAND UP & RAISING LIFTS/AID segment has the highest revenue of US $4.91 billion and is expected to grow at CAGR of 2.16% by 2027 STAND UP & RAISING LIFTS/AID segment has highest cagr growth of 2.16%.

Patient Mechanical Lift Handling Equipment Market Y-o-Y Growth (USD billion), By Product Type 2019 - 2027
Patient Mechanical Lift Handling Equipment Market Size, By Product Type, 2019-2027 (USD billion)

STAND UP & RAISING LIFTS/AID

STAND UP & RAISING LIFTS/AID segment was valued at US $4.68 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $5.67 billion by 2027. STAND UP & RAISING LIFTS/AID segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $0.76 billion opportunity in 2027 over 2021.

STAND UP & RAISING LIFTS/AID - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

OVERHEAD/CEILING LIFTS

OVERHEAD/CEILING LIFTS segment was valued at US $2.90 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $3.52 billion by 2027. OVERHEAD/CEILING LIFTS segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $0.47 billion opportunity in 2027 over 2021.

OVERHEAD/CEILING LIFTS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

FLOOR-BASED LIFTS

FLOOR-BASED LIFTS segment was valued at US $1.80 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $2.19 billion by 2027. FLOOR-BASED LIFTS segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.29 billion opportunity in 2027 over 2021.

FLOOR-BASED LIFTS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

GANTRY LIFTS

GANTRY LIFTS segment was valued at US $1.24 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $1.50 billion by 2027. GANTRY LIFTS segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.20 billion opportunity in 2027 over 2021.

GANTRY LIFTS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

POWERED SIT-TO-STAND LIFTS

POWERED SIT-TO-STAND LIFTS segment was valued at US $0.68 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $0.82 billion by 2027. POWERED SIT-TO-STAND LIFTS segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.11 billion opportunity in 2027 over 2021.

POWERED SIT-TO-STAND LIFTS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

BATH PATIENT LIFTERS

BATH PATIENT LIFTERS segment was valued at US $0.53 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $0.65 billion by 2027. BATH PATIENT LIFTERS segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.09 billion opportunity in 2027 over 2021.

BATH PATIENT LIFTERS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

OTHERS

OTHERS segment was valued at US $0.28 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $0.33 billion by 2027. OTHERS segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.04 billion opportunity in 2027 over 2021.

OTHERS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

End User

Introduction

In 2021, HOMECARE segment has the highest revenue of US $5.84 billion and is expected to grow at CAGR of 2.16% by 2027 HOMECARE segment has highest cagr growth of 2.16%.

Patient Mechanical Lift Handling Equipment Market Y-o-Y Growth (USD billion), By End User 2019 - 2027
Patient Mechanical Lift Handling Equipment Market Size, By End User, 2019-2027 (USD billion)

HOMECARE

HOMECARE segment was valued at US $5.57 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $6.75 billion by 2027. HOMECARE segment represented US $0.27 billion opportunity over 2019-2021 and estimated to create US $0.91 billion opportunity in 2027 over 2021.

HOMECARE - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

HOSPITALS

HOSPITALS segment was valued at US $2.25 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $2.73 billion by 2027. HOSPITALS segment represented US $0.11 billion opportunity over 2019-2021 and estimated to create US $0.37 billion opportunity in 2027 over 2021.

HOSPITALS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

ELDERLY CARE HOMES

ELDERLY CARE HOMES segment was valued at US $2.82 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $3.42 billion by 2027. ELDERLY CARE HOMES segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $0.46 billion opportunity in 2027 over 2021.

ELDERLY CARE HOMES - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

OTHERS

OTHERS segment was valued at US $1.47 billion in 2019 and is projected to grow at 2.16% CAGR over the forecast period to reach US $1.78 billion by 2027. OTHERS segment represented US $0.07 billion opportunity over 2019-2021 and estimated to create US $0.24 billion opportunity in 2027 over 2021.

OTHERS - Historical, Forecast Market Sizes (USD billion), 2019 - 2027