Patient Lifting Equipment Market is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.7% during the forecast period.
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Increasing global geriatric & bariatric populations, the high risk of injuries to caregivers during the manual handling of patients, and the implementation of regulations ensuring the safety of healthcare personnel during manual lifting are the key factors driving the market growth.
Top Key Players
The major companies in the global patient lifting equipment market include Arjo (Sweden), Hill-Rom (US), Invacare (US), Handicare (Sweden), and Guldmann (US).
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132 Pages and in-depth TOC on "Patient Lifting Equipment Market"
Recent Developments:
In August 2016 GF Health products launched Lumex Pro Battery-Powered Floor Lift in the Mobile lift segment.
In October 2018, Etac launched two new products, Molift Raiser pro in Sit to Stand segment
In September 2016, Handicare acquired Prism Medical (US & Canada), one of the leading manufacturers of fixed ceiling lifts, portable ceiling lifts, floor lifts, slings, and other ancillary patient handling products.
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