Data Bridge Market Research published the research report of Global Patient Lifting Equipment Market Size, Share, Industry Trends, Demand Analysis Report by 2029, offers a detailed look at the factors influencing the global business scope. Global Patient Lifting Equipment market research report presents the latest market insights with upcoming trends and breakdown of products and services. The report provides key statistics on the market status, size, share and growth factors of the global Patient Lifting Equipment market. This report begins with a basic introduction of market segmentation in 2022, future scenario, Patient Lifting Equipment market industry growth rate and industry opportunities to 2029.
Market analysis and size
Patient lifts have proven useful for both people with disabilities and caregivers. Disabled and elderly people have mobility issues in their daily activities, and they often find the process dangerous. People with disabilities will increasingly require mobility or lifting devices to carry out daily activities, as geriatric conditions frequently coexist with obesity and disability.
Data Bridge Market Research analyzes that the Patient Lifting Equipment Market is expected to reach the value of USD 7.89 billion by 2029, at a CAGR of 13.25% during the forecast period. The growing popularity of home healthcare is expected to create new opportunities for the market.
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PESTLE Analysis of the Patient Lifting Equipment Market
• Politics (Political and Stability as well as Trade, Fiscal and Fiscal Policy
• Economic (interest rate, employment or unemployment rate, raw materials
costs and exchange rates)
• Social (family demographics, education levels, cultural trends,
attitude changes and lifestyle changes)
• Technological (Evolution of digital or mobile technology, automation, research
• Legal (Labour legislation, consumer law, health and safety, international law
as well as trade regulations and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste
disposal and sustainability)
To go further, the economic intelligence report of Market incorporates segmentation studies comprising product and application categories, and regional level analysis of major geographies. Moving on to the competitive scenario of the market, the product and service offering of leading organizations along with the business strategies they employ to maintain a strong hold in this market are thoroughly examined.
The statistical information presented in this report is based on the primary and secondary survey and study of the Government Patient Lifting Equipment market along with the press release. This includes data via a global expertise group of notable Government Patient Lifting Equipment players to provide the latest insights on the international Government Patient Lifting Equipment market. Going forward, segmentation analysis is obviously explained considering all significant probabilities relevant to market market conditions in government.
On the basis of product, the Patient Lifting Equipment market study displays the revenue, price, market share and growth rate of each type, primarily split into,
By products (drugs, supplements)
By methods (dry methods, wet granulation), type (prescription, over-the-counter)
By indication (diuretics, pain management, gastric disorders, respiratory diseases, others)
By type of population (children, adults), application (dental products, food supplements, pharmaceutical products, others)
By end user (hospitals, specialist clinics, home care, other)
By Distribution Channel (Pharmacies, Drugstores, E-Commerce, Hypermarkets & Supermarkets, Others),
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Patient Lifting Equipment Market Dynamics
— The boom in the mobile elevator segment is expected to grow faster than average.
It is difficult to store the bulk data generated by electronic health records (EHRs) on local storage devices due to the risk associated with the loss of essential data. Therefore, the deployment of these interoperability solutions in the healthcare sector becomes essential to enable easy sharing and storage of big data.
— The resurgence of home care apps
Due to the increased focus on reducing healthcare costs and government initiatives to promote home care, the home care facility segment is expected to grow at the fastest rate during the period of forecast. The expanding global home healthcare market is expected to drive the demand for patient lifting equipment.
— Regulatory conformity
Maintaining compliance with medical reforms and regulations increases the demand for these solutions.
— Public investment in health care, especially for the aging population
The growing population of people with disabilities is expected to drive the growth of the market. Other factors such as an aging population, increased risk of injury when manually handling patients, strict rules and standards governing the safety of healthcare personnel from manual lifting, and improved healthcare infrastructure are expected to drive the demand for patient lifting equipment during the forecast period.
The patient lifting equipment market, on the other hand, is facing major challenges owing to a lack of trained and unprofessional caregivers, as well as health issues such as sprains, musculoskeletal disorders, and injuries. to the spine.
Patient Lifting Equipment Market competition by TOP Players is,
DJO Global, Inc.
Driving DeVilbiss International
Hill-Rom Services Inc
Joerns Healthcare LLC
Medline Industries, Inc.
The market report primarily will help you realize and discover the most forbidding and upsetting driving powers of the Patient Lifting Equipment market in anticipating the consequences on the worldwide industry.
Scope of the Global Patient Lifting Equipment Market
The patient lifting equipment market is segmented on the basis of product and end user. The growth among these segments will help you analyze weak growth segments in the industries and provide users with valuable market insight and market insights to help them make strategic decisions to identify major applications of the market.
stair and wheelchair lifts
bath and pool lifts
The product segment of the patient lifting equipment market is divided into overhead lifts, stair lifts and wheelchairs, mobile lifts, sit-to-stand lifts, bath and pool lifts, lifting straps and accessories .
health care providers
Aged care facilities
On the basis of end users, the patient lifting equipment market is segmented into hospitals, home care facilities, aged care facilities, and others.
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