Government support for safe patient handling has boosted the growth of the patient handling equipment market

The global patient handling equipment market exhibits a lucrative growth potential for the next five years. The growth of this market is propelled by the rise in geriatric population and increasing lifestyle diseases such as diabetes and Cardiovascular Diseases (CVD) leading to increased disabilities. Further the market is driven by factors such as government policies promoting the use of patient handling equipment, technological advancement, injuries incurred during patient handling which are very costly to recover. Advancement in technology and development of new products has contributed largely to patient handling equipment market to growth

The medical beds segment will have the largest share of the total patient handling equipment market in 2014 and will continue to grow with a healthy CAGR in the forecast period. The high growth of this segment is attributed to the growing demand for the equipment for the expanding geriatric population, mounting prevalence of lifestyle diseases and technological advancements. Evolution in technology have made the equipment more user’s friendly and portable.The non-mechanical equipment on the other hand will be the fastest growing segment in the coming years. It will account for very less share in the market in 2014, but gradually their acceptance as well as popularity will lead to higher market share.

The home care segment is expected to grow at the highest growth rate in the forecast period.The delivery of health care services in home is more cost efficient than the hospital and in other care institutions on long term basis. Furthermore, favourable reimbursement policies and government support will contribute to the market growth.

Europe currently forms the largest patient handling equipment market in revenue, whereas North America is expected to register the highest growth rate due to unsaturated market and emerging technologies. The large patient base and increasing income levels are also expected to propel the market growth.Advanced technology and innovative product launches will also provide growth opportunities.

Getinge Group was the clear market leader in patient handling equipment market in 2014.Getinge Group also enjoys a high level of brand loyalty amongst customers due to its large product portfolio, good quality products, and an efficient after-sales service. Hill-Rom distantly followed Getinge Group and thus became the second leading company in the patient handling equipment market in 2014. Styker will be the third leading company in 2014 in patient handling equipment market.

The grey area while estimating the market size was the overlapping nature of the type of care provided while segregating them based on evaluation of endpoints involved. These included handling of bariatric patients which involved all other categories of care such as fall prevention, transfer among others. This was later clarified with the help of various experts that participated during the study.

From an insight perspective, this research report focuses on the qualitative data, market size, share, and growth of various segments and sub-segments, competitive landscape, and company profiles. The qualitative data covers various levels of industry analysis, such as market dynamics (drivers, restraints, opportunities, and threats) and technological trends, globally. It also focuses on the emerging and high-growth segments of the patient Handling equipment market, and the initiatives of their respective governments.

The competitive landscape covers the growth strategies adopted by industry players in the last three years. The company profiles comprise the basic views on the key players in  patient handling equipment market and the product portfolios, developments, and strategies adopted by market players to maintain and increase their market share in the near future.

The above mentioned market research data, current market size, and forecast of future trends will help the key players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Market Scope

2 Research Methodology
2.1 Research Methodology
2.2 Description of the Patient Handling Equipment Demand Model
2.2.1 Increase in Lifestyle Diseases
2.2.2 Increase in Geriatric Population
2.2.3 Safe Patient Handling Programs: Effectiveness and Cost Savings
2.2.4 Market Size Estimation & Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data Points Taken From Secondary Sources
2.3.2 Key Data Points From Primary Sources
2.3.2.1 Key Industry Insights
2.4 Assumptions

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.1.1 Evolution
5.2 Market Segmentation
5.2.1 Patient Handling Equipment Market , By Product
5.2.2 Market , By Type of Care
5.2.3 Market , By End User
5.2.4 Market , By Accessories
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Geriatric Population to Propel Need of Patient Handling Equipment
5.3.1.2 Government Policies Promoting the Use of Patient Handling Equipment
5.3.1.3 Increasing Incidences of Lifestyle Diseases Is Projected to Fuel Need of Patient Handling Equipment
5.3.1.4 Technological Advancements
5.3.1.5 U.S Market Providing Areas for Growth of Patient Handling Equipment
5.3.1.6 the Injuries Occurring Due to Patient Handling Are Very Costly to Recover
5.3.2 Restraints
5.3.2.1 Skilled Training, and Adequate Knowledge Are Required for Safe Patient Handling
5.3.2.2 Challenges to Bariatric Care Patients
5.3.3 Opportunities
5.3.3.1 Private Institutional Nursing
5.3.3.2 M&A and Joint Ventures
5.3.4 Threats
5.3.4.1 Competition Among Players
5.4 Burning Issues
5.5 Winning Imperative

6 Industry Trends
6.1 Supply Chain Analysis
6.2 Key Influencers
6.3 Porters Five forces Analysis
6.3.1 Threat From New Entrant
6.4 Threat From Substitutes
6.5 Bargaining Power of Suppliers
6.6 Bargaining Power of Buyers
6.7 Intensity of Competitive Rivalry
6.8 Pest Analysis
6.8.1 Political Factors
6.8.2 Economic Factors
6.8.3 Social Factors
6.8.4 Technological Factors
6.9 Strategic Benchmarking
6.9.1 Technological Integration & Product Enhancement

7 Market, By Product
7.1 Introduction
7.1.1 Wheelchairs and Scooters
7.1.2 Medical Bed
7.1.3 Bathroom Safety Supplies
7.1.4 Mechanical Equipment
7.1.5 Non Mechanical Equipment
7.1.6 Ambulatory Aids
7.1.7 Other Patient Handling Equipment

8 Market, By End User
8.1 Introduction
8.1.1 Critical Care
8.1.2 Bariatric Care
8.1.3 Fall Prevention
8.1.4 Wound Care
8.1.5 Other Patient Handling Equipment (Acute Care & Long Term Care)

9 Global Patient Handling Equipment Market, By End User
9.1 Introduction
9.1.1 Home Care
9.1.2 Hospital
9.1.3 Elderly Homes
9.1.4 Other Patient Handling Equipment (Emergency Medical Services, Long-Term Acute Care, Trauma Centers and Nursing Homes)

10 Market, By Accessories
10.1 Introduction

11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis
11.3 Competitive Situation and Trends
11.3.1 New Product Launches
11.3.2 Agreements, Partnerships, Collaborations, & Joint Ventures
11.3.3 Mergers and Acquisitions
11.3.4 Expansions
11.3.5 Other Developments

12 Company Profiles
12.1 Introduction
12.2 Stryker Corporation
12.3 Hill-Rom Holdings, Inc.
12.4 Invacare Corporation.
12.5 Prism Medical
12.6 Getinge Group (Arjohuntleigh)
12.7 Guldmann Inc.
12.8 Linet Spol. S.R.O.
12.9 Stiegelmeyer & Co. GMBH
12.1 Handicare
12.11 Joerns Healthcare

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Introducing RT: Real Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 Government Policies Promoting the Use of in the Market
Table 2 Challenges to Bariatric Care and Lack
Table 3 M & A and Joint Ventures Are Paving New Growth Avenues for Players in Market
Table 4 Competition Among Players Is Constraining Growth of Market
Table 5 Patient Handling Equipment Market, By Product, 2012–2019 ($Million)
Table 6 Global Wheelchair and Scooters Market, By Volume, 2012–2019 (Thousand Units)
Table 7 Wheelchair and Scooters Market, By Volume, 2012–2019 (Thousand Units)
Table 8 Medical Beds Market, By Volume, 2012–2019 (Thousand Units)
Table 9 Wheelchairs and Scooters Market, By Geography, 2012–2019 ($Million)
Table 10 Medical Beds Market, By Geography, 2012–2019 ($Million)
Table 11 Bathroom Safety Supplies Market, By Geography, 2012–2019 ($Million)
Table 12 Mechanical Equipment Market, By Geography, 2012–2019 ($Million)
Table 13 Non Mechanical Equipment Market, By Geography, 2012–2019 ($Million)
Table 14 Ambulatory Aids Market, By Geography, 2012–2019 ($Million)
Table 15 Other Patient Handling Equipment Market, By Geography, 2012–2019 ($Million)
Table 16 Global Market, By Type of Care, 2012–2019 ($Million)
Table 17 Critical Care Market, By Geography, 2012–2019 ($Million)
Table 18 Bariatric Care Market, By Geography, 2012–2019 ($Million)
Table 19 Fall Prevention Market, By Geography, 2012–2019 ($Million)
Table 20 Wound Care Equipment Market, By Geography, 2012–2019 ($Million)
Table 21 Other Patient Handling Equipment Market, By Geography, 2012–2019 ($Million)
Table 22 Global Market, By End User, 2012–2019 ($Million)
Table 23 Home Care Market, By End User, 2012–2019 ($Million)
Table 24 Hospital Market, By Geography, 2012–2019 ($Million)
Table 25 Elderly Home Market, By Geography, 2012–2019 ($Million)
Table 26 Other Patient Handling Equipment Market, By Geography, 2012–2019 ($Million)
Table 27 Market Table , By Accessories, 2012–2019 ($Million)
Table 28 New Product Launches, 2011–2014
Table 29 Agreements, Partnerships, and Collaborations, 2011–2014
Table 30 Mergers and Acquisitions, 2011–2014
Table 31 Expansions, 2011–2014
Table 32 Other Developments, 2011–2014
Table 33 The Company offers the Following Products:
Table 34 The Company offers the Following Products:
Table 35 Recent Developments
Table 36 The Company offers the Following Products:
Table 37 The Company offers the Following Products:
Table 38 The Company offers the Following Products:
Table 39 Recent Developments
Table 40 The Company offers the Following Products:
Table 41 The Company offers the Following Products:

List of Figures

Figure 1 Research Methodology
Figure 2 Figure 2 Prevalence Rate (%) of Diabetes and Cvs Across Various Regions, 2011
Figure 3 Geriatric Population (%) of the total Population of Respective Regions
Figure 4 Safe Patient Handling Is Effective in Reducing Worker injuries and Lost Time
Figure 5 Market Size Estimation and Data Triangulation
Figure 6 Break Down of Primary Interviews: By Company Type, Designation, & Region
Figure 7 Market Snapshot (2014 Vs 2019): Non Mechanical Equipment Will Be the Fastest Growing Product Segment in the Next Five Years
Figure 8 Global Market, By Product, 2014
Figure 9 Market Share, 2014
Figure 10 Attractive Market Opportunities in Market
Figure 11 Medical Beds to Capture the Lion’s Share in the European Market
Figure 12 North America Will Grow At the Highest Rate in the forecast Period
Figure 13 Mechanical Equipment Market Will Account for the Second Leading Market Share in 2014
Figure 14 Hospitals Will Continue to Account for the Leading Market Share in the Next Five Years
Figure 15 North American Market Holds Enormous Opportunity
Figure 16 Critical Care Market Will Attract Major Market Attention in the forecast Period
Figure 17 Increasing Prevalence of Lifestyle Diseases Will Spur the Demand for Pateint Handling Equipment
Figure 18 Supply Chain: Reverse Logistics Is the Is the Most Preferred Strategy Followed By Prominent Players
Figure 19 Porters Five forces Analysis (2014): High Intensity of Rivalry Among Competitors Is Increasing Competition in the Industry
Figure 20 Strategic Benchmarking: Stryker & Getinge Largely Adopted Inorganic Growth Strategies for Technology Integration &Product Enhancement
Figure 21 Patient Handling Market Is Dominated By Medical Beds Segment
Figure 22 More Than Half of the Wheelchair and Scooter Market Is Dominated By Powered Wheelchair
Figure 23 Untapped Market Will Lead to Higher Growth of the North American Region for Medical Beds
Figure 24 Europe Dominates the Bathroom Safety Supplies Market
Figure 25 Rising Incidences of LifestyleDiseases Will Lead to Growth of North American Market
Figure 26 Underdeveloped North American Region Is Expected to Grow At A Fast Pace for Non Mechanicalequipment
Figure 27 Patient Handling Market Is Dominated By Wound Care Segment
Figure 28 Europe Will Be the Major Contributorto the Critical Care Equipment Market in 2014
Figure 29 North American Bariatric Care Segment to Almost Double in 5 Years
Figure 30 Europe Dominates the Fall Prevention Segment in Patient Handling Equipment Market
Figure 31 Rising Incidences of LifestyleDiseases Will Lead to the Growth of Wound Care Equipment Market in North America
Figure 32 Other Market, By Geography, 2014 Vs 2019 ($Million)
Figure 33 Market Snapshot (2014 Vs 2019): Hospitals End User Segment Will Continue to Account for Largest Market Share in 2019
Figure 34 Market Snapshot (2014 Vs 2019):
Figure 35 Market Snapshot (2014 Vs 2019): Europe Will Continue to Lead the Market in 2019
Figure 36 Market Snapshot (2014 Vs 2019): Europe Will Continue to Lead the Market in 2019
Figure 37 Other Market, By Geography, 2014 Vs 2019 ($Million)
Figure 38 Lifting Accessories Occupied the Largest Share in the Accessories Segment of the Patient Handling Equipment Market in 2014
Figure 39 Transfer Accessories Segment Will Be the Fastest Growing Segment in the Patient Handling Accessories Market
Figure 40 Lifting Accessories Market Will Maintain the Leading Position in 2019
Figure 41 Geographic Revenue Mix of top 5 Market Players - Reference
Figure 42 Stryker Corporation: Business Overview
Figure 43 SWOT Analysis
Figure 44 Hill-Rom Holdings, Inc.: Business Overview
Figure 45 SWOT Analysis
Figure 46 Invacare Corporation: Business Overview
Figure 47 SWOT Analysis
Figure 48 Prism Medical: Business Overview
Figure 49 SWOT Analysis
Figure 50 Getinge Group: Business Overview
Figure 51 SWOT Analysis