Report Detail
Global Patient Support Equipment Market Report 2018-2029
- RnM3875578 |
- 22 August, 2023 |
- Global |
- 150 Pages |
- HJResearch |
- Medical Devices & Consumables
The Patient Support Equipment industry plays a crucial role in providing essential equipment and devices for improving patient comfort, safety, and mobility. Patient Support Equipment refers to a range of medical devices and aids that assist patients in hospitals, home care settings, elderly care facilities, and other healthcare environments. With a projected global market size of US$11,947 million in 2022 and a compound annual growth rate of 6%, the Patient Support Equipment industry is witnessing steady growth and presents promising prospects for the future.
Definition and Use:
Patient Support Equipment encompasses a wide variety of products designed to enhance patient comfort, mobility, and overall well-being during their healthcare journey. These equipment and devices are primarily used in hospitals, home care settings, elderly care facilities, and other healthcare environments. They are tailored to meet the specific needs of patients with limited mobility, chronic illnesses, disabilities, or those recovering from surgeries or medical procedures.
The use of Patient Support Equipment contributes to various aspects of patient care, including:
Enhanced Mobility: Devices such as patient lifts, transfer aids, and wheelchair accessories assist patients in moving safely between different positions, beds, chairs, or other surfaces.
Pressure Ulcer Prevention: Support surfaces like therapeutic mattresses, overlays, and cushions help alleviate pressure on vulnerable areas, reducing the risk of pressure ulcers in immobilized patients.
Fall Management: Fall prevention and detection systems, bed alarms, and bed rails provide a safe environment and minimize the risk of falls, particularly among elderly or physically impaired patients.
Rehabilitation Aid: Equipment such as parallel bars, therapy stairs, and positioning aids support patient rehabilitation and facilitate physical therapy exercises.
Comfort and Positioning: Patient support pillows, wedges, and positioners promote optimal comfort and positioning for patients, especially those with specific medical conditions or post-surgical requirements.
Industry Status:
The global Patient Support Equipment market is expected to reach a value of US$11,947 million in 2022. This steady growth can be attributed to various factors driving the industry's expansion.
The rising aging population, increasing prevalence of chronic diseases, and advancements in healthcare infrastructure contribute to the growing demand for Patient Support Equipment worldwide. Moreover, the shift towards home-based and community care settings further boosts the market's growth as these environments require efficient patient support solutions.
Major Manufacturers:
The Patient Support Equipment industry is dominated by several global manufacturers committed to product innovation, quality, and patient safety. Key players in this market include Stryker Corporation, Hill-Rom Holdings, Inc., Invacare Corporation, Prism Medical Ltd., Getinge Group, Guldmann Inc., Linet Spol. S.R.O., Stiegelmeyer & Co. GmbH, Handicare, and Joerns Healthcare. These manufacturers invest significantly in research and development, regulatory compliance, and strategic collaborations to offer advanced products and ensure optimal patient care.
Prospects and Opportunities:
The Patient Support Equipment industry offers significant prospects for growth and advancement in the coming years.
Technological Advancements: Continued research and development efforts focus on developing innovative Patient Support Equipment integrated with smart features, IoT connectivity, and advanced materials, enhancing patient comfort, safety, and ease of use.
Home Care Market Expansion: The shift towards home-based care and the preference for aging in place create substantial market expansion opportunities. Adaptable and user-friendly Patient Support Equipment that meets the unique requirements of home care settings will be in high demand.
Aging Population and Chronic Diseases: The increasing aging population, coupled with the rising incidence of chronic diseases, necessitates improved patient support solutions. Patient Support Equipment manufacturers have an opportunity to develop tailored products to address specific needs associated with age-related conditions and chronic illnesses.
Focus on Patient-Centric Approach: Manufacturers can enhance patient outcomes by adopting a patient-centric approach, which involves understanding individual needs, providing personalized solutions, and ensuring ease of use and comfort.
Regulatory Compliance and Standardization: Adhering to stringent regulatory standards and certifications plays a vital role in gaining customer trust and market competitiveness. Compliance with quality and safety regulations is crucial for manufacturers to establish their credibility.
Conclusion:
The Patient Support Equipment industry is experiencing steady growth as it provides essential equipment and aids for enhancing patient comfort, mobility, and overall well-being. With a projected market size of US$11,947 million in 2022 and a compound annual growth rate of 6%, the industry presents promising prospects for the future.
Patient Support Equipment finds extensive usage in hospitals, home care settings, elderly care facilities, and other healthcare environments. Major manufacturers such as Stryker Corporation, Hill-Rom Holdings, Inc., and Invacare Corporation play a pivotal role in driving innovation and delivering reliable solutions that meet the diverse needs of patients and caregivers.
Technological advancements, market expansion in home care settings, the aging population, and a patient-centric approach present significant opportunities for the industry's progress. Continued focus on R&D, regulatory compliance, and customer satisfaction will contribute to the growth and success of the Patient Support Equipment industry while improving patient care and well-being globally.
The SWOT analysis of the Patient Support Equipment industry is as follows:
Strengths:
Increasing Demand: The Patient Support Equipment industry is witnessing a growing demand due to factors like an aging population, rising prevalence of chronic diseases, and the need for improved patient care.
Technological Advancements: The industry benefits from continuous technological advancements, including smart features, IoT integration, and advanced materials, which enhance the functionality and effectiveness of patient support equipment.
Established Manufacturers: Key players in the industry have established their presence and offer a wide range of high-quality products, ensuring reliability and customer satisfaction.
Wide Range of Products: The industry offers a diverse range of patient support equipment, catering to various needs such as mobility assistance, pressure ulcer prevention, fall management, and rehabilitation aid.
Regulatory Compliance: Adherence to stringent regulations and certifications enhances the credibility of manufacturers and ensures product safety and quality.
Weaknesses:
Cost Considerations: The cost of patient support equipment can be a limiting factor for healthcare facilities or individuals, making it challenging to access certain high-end products.
Lack of Awareness: Some potential users may not be fully aware of the available patient support equipment options and their benefits, leading to underutilization or delayed adoption.
Opportunities:
Emerging Markets: There are significant opportunities for market expansion in developing regions where healthcare infrastructure and awareness about patient support equipment are growing.
Aging Population: The increasing elderly population globally presents a significant opportunity for the industry, as older adults often require specialized support equipment to maintain their mobility and well-being.
Home Care Settings: With the trend towards home-based care, there is a growing demand for patient support equipment that is suitable for use in residential settings. Developing solutions specifically tailored to home care can unlock new market segments.
Product Innovation: Continual research and development efforts to introduce new and improved patient support equipment can drive market growth and cater to evolving customer needs.
Threats:
Economic Factors: Economic uncertainties and budget constraints in healthcare systems may impact the purchasing power and investment in patient support equipment.
Competitive Landscape: The industry faces competition from both established and emerging players, which may intensify as new entrants introduce innovative solutions.
Regulatory Challenges: Compliance with evolving regulations and standards can pose challenges for manufacturers, requiring ongoing investments and adjustments to meet changing requirements.
Key players in global Patient Support Equipment market include:
Stryker Corporation
Hill-Rom Holdings, Inc.
Invacare Corporation
Prism Medical Ltd.
Getinge Group
Guldmann Inc.
Linet Spol. S.R.O.
Stiegelmeyer & Co. GmbH
Handicare
Joerns Healthcare
Market segmentation, by product types:
Critical Care
Bariatric Care
Fall Prevention
Wound Care
Other Patient Handling Equipment
Market segmentation, by applications:
Hospitals
Home Care Settings
Elderly Care Facilities
Others
1 Industry Overview of Patient Support Equipment
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Patient Support Equipment
- 1.3 Market Segmentation by End Users of Patient Support Equipment
- 1.4 Market Dynamics Analysis of Patient Support Equipment
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Patient Support Equipment Industry
- 2.1 Stryker Corporation
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Hill-Rom Holdings, Inc.
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Invacare Corporation
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Prism Medical Ltd.
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Getinge Group
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Guldmann Inc.
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Linet Spol. S.R.O.
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Stiegelmeyer & Co. GmbH
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Handicare
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Joerns Healthcare
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Patient Support Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
3 Global Patient Support Equipment Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Patient Support Equipment by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Patient Support Equipment by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Patient Support Equipment by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Patient Support Equipment by End Users (2018-2023)
- 3.5 Selling Price Analysis of Patient Support Equipment by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Patient Support Equipment Market Analysis by Countries, Types and End Users
- 4.1 Northern America Patient Support Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Patient Support Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Patient Support Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Patient Support Equipment Market Analysis by Countries, Types and End Users
- 5.1 Europe Patient Support Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Patient Support Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Patient Support Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Patient Support Equipment Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Patient Support Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Patient Support Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Patient Support Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Patient Support Equipment Market Analysis by Countries, Types and End Users
- 7.1 Latin America Patient Support Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Patient Support Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Patient Support Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Patient Support Equipment Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Patient Support Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Patient Support Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Patient Support Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Patient Support Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Patient Support Equipment Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Patient Support Equipment by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Patient Support Equipment by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Patient Support Equipment by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Patient Support Equipment by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Patient Support Equipment
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Patient Support Equipment
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Patient Support Equipment
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Patient Support Equipment
- 11.2 Downstream Major Consumers Analysis of Patient Support Equipment
- 11.3 Major Suppliers of Patient Support Equipment with Contact Information
- 11.4 Supply Chain Relationship Analysis of Patient Support Equipment
12 Patient Support Equipment New Project Investment Feasibility Analysis
- 12.1 Patient Support Equipment New Project SWOT Analysis
- 12.2 Patient Support Equipment New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Patient Support Equipment Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Patient Support Equipment. Industry analysis & Market Report on Patient Support Equipment is a syndicated market report, published as Global Patient Support Equipment Market Report 2018-2029. It is complete Research Study and Industry Analysis of Patient Support Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
