The latest market intelligence report, titled ‘Global Patient Lifting Equipment market drivers and restraints Market’, is intended to provide the target audience with the necessary information about the global Patient Lifting Equipment market drivers and restraints industry. The report comprises a detailed analysis of the vital elements of the Patient Lifting Equipment market drivers and restraints market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.
The report offers an accurate forecast estimation of the Patient Lifting Equipment industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Patient Lifting Equipment market.
According to the most recent analysis by Emergen Research, the size of the global market for Patient Lifting Equipment is anticipated to reach USD 14.24 billion in 2032 and see a revenue CAGR of 12.7% during that time. One of the elements influencing the market’s revenue growth is the rising danger of damage to healthcare professionals when handling patients physically. The Healthcare and Social Assistance sector (HCSA) has one of the highest and most consistently rising rates of occupational diseases and injuries. The Bureau of Labour Statistics (BLS) reports that in 2020, there will be a 40% increase in accident and illness cases. Nursing assistants had the highest frequency of musculoskeletal disorders of any job in 2020, with 15,360 cases. Musculoskeletal issues accounted for 52% of all nursing assistant absences from the workplace. As a result, the demand for patient lifting equipment is anticipated to grow over the forecast period.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Patient Lifting Equipment market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Patient Lifting Equipment market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Patient Lifting Equipment market.
Radical Highlights of the Patient Lifting Equipment Market Report:
- Comprehensive overview of the Patient Lifting Equipment market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Patient Lifting Equipment market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
The report also discusses the key players involved in the market such as
Arjo, DJO, LLC, Medical Depot, Inc. dba Drive DeVilbiss Healthcare, Etac AB, GF Health Products, Inc., Guldmann Inc., Handicare, Invacare Corporation, Joerns Healthcare LLC, Medline Industries, LP
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Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Patient Lifting Equipment Market Segmentation:
-
Product Outlook (Revenue, USD Billion; 2019–2032)
- Ceiling Lifts
- Star & Wheelchair Lifts
- Mobile Lifts
- Sit-To-Stand Lifts
- Bath & Pool Lifts
- Lifting Slings
- Lifting Accessories
-
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Home Care Settings
- Elderly Care Facilities
- Others
-
Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America (LATAM)
- Brazil
- Rest of LATAM
- Middle East & Africa (MEA)
- Saudi Arabia
- UAE
- Israel
- Rest of MEA
- North America
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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