Patient Handling Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Patient Transfer Devices (Patient Lifts, Slings, Air-assisted Lateral Transfer Mattresses, Sliding sheets, Accessories), Medical Beds, Mobility Devices, Bathroom and Toilet Assist Equipment, Stretchers and Transport Chairs), By End user (Hospitals & Clinics, Homecare settings, Others), By Region and Competition, 2020-2030F

Market Overview

Global Patient Handling Equipment Market was valued at USD 11.10 Billion in 2024 and is anticipated to project steady growth in the forecast period with a CAGR of 5.25% through 2030. In the ever-evolving landscape of healthcare, patient handling equipment plays a pivotal role in ensuring the well-being of patients and facilitating the work of healthcare professionals. The global patient handling equipment market has witnessed significant growth in recent years, driven by technological advancements, an aging population, and an increasing focus on patient safety. The patient handling equipment market encompasses a wide range of devices designed to aid in the movement and transportation of patients within healthcare facilities. This includes equipment such as patient lifts, slings, stretchers, transfer aids, and ambulatory aids. The market is driven by the growing demand for advanced and ergonomic solutions that enhance patient comfort while reducing the risk of injuries for healthcare providers.

As the global population continues to age, the prevalence of chronic conditions and the need for long-term care are on the rise. Patient handling equipment becomes essential in managing the mobility challenges associated with an aging demographic. The integration of technology, such as electrically powered patient lifts and smart monitoring systems, has revolutionized patient handling equipment. These advancements not only enhance efficiency but also contribute to the overall safety of patients and healthcare workers.

Key Market Drivers

Aging Population and Rising Healthcare Needs are Driving the Global Patient Handling Equipment Market

The world is undergoing a significant demographic shift with the steady increase in the aging population. As life expectancy continues to rise, so does the demand for healthcare services, particularly those related to the elderly. The intersection of a growing aging population and rising healthcare needs has led to a surge in demand for advanced patient handling equipment globally. These tools play a crucial role in providing efficient and safe care for elderly individuals, contributing to the expansion of the global patient handling equipment market. By 2030, one in six individuals globally will be aged 60 or older, with the population in this age group rising from 1 billion in 2020 to 1.4 billion. Looking ahead to 2050, the number of people aged 60 and above is projected to double, reaching 2.1 billion. This phenomenon, often referred to as the "silver tsunami," presents both challenges and opportunities for the healthcare industry. Aging is associated with an increased prevalence of chronic conditions, reduced mobility, and a higher likelihood of hospitalization, all of which necessitate specialized care and equipment.

The aging process is inevitably accompanied by a higher incidence of health issues, ranging from musculoskeletal disorders to chronic conditions like diabetes and cardiovascular diseases. As a result, healthcare facilities are under increasing pressure to provide effective and compassionate care for this demographic. Patient handling equipment has emerged as a critical component in addressing the unique challenges associated with caring for elderly individuals, ensuring their safety, and facilitating the work of healthcare professionals. The aging population is more susceptible to chronic diseases that often require long-term care. Patient handling equipment such as hospital beds, mobility aids, and transfer equipment become essential in managing these conditions and maintaining the quality of life for elderly individuals. The patient handling equipment market has witnessed significant advancements in technology, leading to the development of innovative solutions that enhance patient comfort and reduce the physical strain on healthcare providers. Motorized patient lifts, smart beds, and robotic assistance devices are examples of technological breakthroughs driving market growth. Many governments worldwide are recognizing the impact of the aging population on healthcare systems and are taking proactive measures to address the associated challenges. Supportive policies, investments in healthcare infrastructure, and reimbursement programs for patient handling equipment are contributing to market expansion. Healthcare professionals are becoming increasingly aware of the importance of ergonomic patient handling equipment in preventing injuries to both patients and caregivers. This awareness has fueled the adoption of specialized equipment designed to minimize manual lifting and reduce the risk of musculoskeletal injuries among healthcare workers. 

Rising Healthcare Expenditure is Driving the Global Patient Handling Equipment Market

Healthcare expenditure has been on the rise globally, reflecting the growing demands on healthcare systems. In 2021, global healthcare spending reached an impressive USD9.8 trillion, representing 10.3% of global GDP. Despite this, life expectancy has remained stagnant in several countries, including the United States, which allocates more than USD4 trillion annually to healthcare. Factors contributing to this surge include an aging population, the prevalence of chronic diseases, and the continuous evolution of medical technologies. As societies experience demographic shifts with a larger proportion of elderly individuals, there is an increased demand for healthcare services and infrastructure, including patient handling equipment. Patient handling equipment encompasses a broad range of devices designed to aid in the movement, transfer, and positioning of patients. These devices not only enhance patient comfort but also contribute to the safety of healthcare providers by minimizing the risk of injuries associated with manual patient handling. As healthcare facilities strive to meet the rising demand for quality care, the adoption of patient handling equipment becomes crucial.

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Key Market Challenges

High Costs and Affordability

While the demand for patient handling equipment continues to grow, cost constraints present a formidable challenge for manufacturers and healthcare providers alike. The production of high-quality, technologically advanced patient handling equipment involves substantial research and development investments, as well as compliance with stringent regulatory standards. Additionally, the need for continuous innovation to meet evolving healthcare requirements further adds to the overall production costs. For healthcare providers, especially in resource-limited settings, the upfront costs associated with acquiring state-of-the-art patient handling equipment can be prohibitive. This poses a dilemma for both manufacturers and healthcare facilities, as balancing the need for quality and affordability becomes increasingly challenging. To address the cost constraints in the patient handling equipment market, manufacturers are focusing on innovation and the integration of advanced technologies. This includes the development of lightweight materials, ergonomic designs, and automation features that enhance the efficiency of patient handling processes. Automation, in particular, has the potential to reduce the strain on healthcare providers, thereby improving patient care outcomes and overall operational efficiency.

Besides, advancements in manufacturing processes, such as 3D printing and cost-effective materials, are contributing to the reduction of production costs. These innovations not only enhance the affordability of patient handling equipment but also improve accessibility for healthcare facilities with limited budgets. In response to the challenges posed by cost constraints, industry players are increasingly exploring collaborative efforts and strategic partnerships. By forming alliances with research institutions, healthcare providers, and other stakeholders, manufacturers can pool resources and share the financial burden of developing and producing innovative patient handling solutions. Collaborations also facilitate knowledge exchange and the identification of cost-effective strategies for bringing cutting-edge technology to market without compromising quality.

Key Market Trends 

Technological Advancements

In recent years, the healthcare industry has witnessed a significant surge in technological advancements, and one sector that has particularly benefited from this progress is the Patient Handling Equipment market. Patient handling equipment plays a crucial role in ensuring the safety and comfort of patients, as well as easing the workload for healthcare professionals. The global patient handling equipment market has experienced substantial growth, largely fueled by innovations and technological breakthroughs that enhance the efficiency and safety of patient care. Internet of Things (IoT) has revolutionized the healthcare sector, and its integration into patient handling equipment has been a game-changer. Smart beds and patient lifts equipped with IoT sensors allow healthcare providers to monitor patient movements, vital signs, and other essential data in real-time. This not only improves patient care but also enables a proactive approach to healthcare management. The advent of powered patient handling equipment has significantly reduced the physical strain on healthcare professionals. Powered wheelchairs, patient lifts, and other motorized devices enable smoother and more controlled movements, reducing the risk of injury to both patients and caregivers. These innovations contribute to a safer and more efficient healthcare environment.

Robotics has found its way into patient handling equipment, providing a new level of precision and automation. Robotic exoskeletons, for example, assist patients with mobility impairments by enhancing their strength and coordination. Additionally, robotic-assisted surgeries have become more commonplace, ensuring greater accuracy and minimizing invasiveness. Innovations in materials and design have led to the development of patient handling equipment that is not only more functional but also more comfortable for patients. Lightweight yet durable materials contribute to the portability and ease of use of devices like wheelchairs and transfer aids, while ergonomic designs enhance patient comfort during extended periods of use.

Segmental Insights

Type Insights

Based on the category of type, Patient Transfer Devices emerged as the dominant in the global market for Patient Handling Equipment in 2024. Patient transfer devices have witnessed a significant surge in demand owing to the increasing emphasis on patient-centric care and the growing awareness of the importance of safe and efficient patient handling. These devices are designed to facilitate the transfer of patients from one location to another within a healthcare facility, such as from a bed to a wheelchair or from a stretcher to an imaging table. Patient transfer devices prioritize safety and comfort, reducing the risk of injuries to both patients and healthcare providers. Advanced features such as adjustable heights, easy maneuverability, and ergonomic designs contribute to a seamless and secure transfer process. With the global population aging, the demand for patient handling equipment, including transfer devices, has surged. The elderly often require assistance in mobility, and patient transfer devices address this need efficiently, ensuring their safety during transfers. Increasing awareness of patient safety and stringent regulations regarding healthcare practices have led to a greater adoption of standardized patient handling equipment. Patient transfer devices that comply with these regulations are preferred by healthcare facilities, contributing to their dominance in the market.

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Regional Insights

North America emerged as the dominant region in the global Patient Handling Equipment market in 2024, holding the largest market share in terms of value. The aging population in North America is a significant driver for the increased demand for patient handling equipment. As the number of elderly individuals continues to rise, there is a growing need for solutions that assist healthcare providers in delivering safe and efficient patient care. North America has well-established healthcare regulations and standards that prioritize patient safety. The implementation of guidelines requiring the use of patient handling equipment to prevent injuries among both patients and healthcare workers has fueled market growth.

Recent Developments

• In February 2024, Stryker has expanded its prototype testing facility in India, focusing on comprehensive life-cycle testing of medical devices. The upgraded lab is equipped with advanced infrastructure for plastic 3D printing, metal machining, and a wide array of testing capabilities. This facility plays a key role in prototyping and product assurance across the company's entire product portfolio.
• In October 2024, Joerns Healthcare, a global leader in healthcare equipment design and manufacturing, has announced the sale of its U.K.-based Oxford safe patient handling business to Prism Healthcare. This divestiture is part of Joerns' ongoing strategy to realign its focus on key North American markets by exiting non-core businesses. The transaction ensures that Oxford's U.K. customers will continue to benefit from Joerns' leading designs, now distributed and supported by Prism.
• In March 2023,Moving and handling specialist Care & Independence launched four new in-situ slings, which aim to provide a wider cost-effective choice for community equipment providers.

Key Market Players

• Baxter International Inc
• Invacare Holdings Corporation
• Stryker Corporation
• DRIVE MEDICAL GMBH & CO. KG
• Etac AB
• GF Health Products, Inc.
• V. Guldmann A/S
• Joerns Healthcare
• Medline Industries, LP
• Prism Medical UK

Report Scope:

In this report, the Global Patient Handling Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Patient Handling Equipment Market, By Type:

o   Patient Transfer Devices

o   Medical Beds

o   Mobility Devices

o   Bathroom and Toilet Assist Equipment

o   Stretchers and Transport Chairs

• Patient Handling Equipment Market, By End user:

o   Hospitals & Clinics

o   Homecare settings

o   Others

• Patient Handling Equipment Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Patient Handling Equipment Market.

Available Customizations:

Global Patient Handling Equipment market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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