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Patient Handling Equipment Market Worth $14,227.1 Million by 2019
Date:9/3/2014

is further segmented into bariatric care, fall prevention, critical care, wound care and others such as acute care and & long term care. Wound care is expected to account for the largest share in 2014, followed by fall prevention and critical care. Critical care will be the highest growing segment due to the awareness of risks that are associated with critical care. The care givers such as the nurses are at high risk for development of work-related musculoskeletal disorders (WMSDs). The use of patient handling equipment has resulted in decrease in the WMSDs which has boosted the market growth.

The Patient Handling Equipment Market by end users is segmented into, home care, hospitals, elderly care homes and others (emergency medical services, long-term acute care, trauma centers and nursing homes). Hospitals will account for the largest market share in 2014. However home care segment is expected to grow at the highest rate. Rising concern for reduction of healthcare expenditure is exerting pressure on healthcare industry to minimize the cost of care and homecare fulfill this need in greater extent as it is much more affordable as compared to hospital stay.

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Geographic analysis reveals that Europe occupied the largest share in 2014. However, the growth of this region is expected to be lower than North America in the forecast period. The factors restraining the European market growth are saturation of the market thus rendering less scope for expansion of the market.

North America will account for the second largest market share in 2014. The North American region will grow at a high growth rate which can be attributed to the presence of huge market scope for expansion
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SOURCE MarketsandMarkets
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