Patient Lifting Equipment: Global Strategic Business Report

Global Patient Lifting Equipment Market to Reach $2 Billion by 2030

The global market for Patient Lifting Equipment estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030. Powered Sit-to-st& Lifts, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$704.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Floor-Based Lifts segment is readjusted to a revised 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $353.9 Million, While China is Forecast to Grow at 8.9% CAGR

The Patient Lifting Equipment market in the U.S. is estimated at US$353.9 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$430.2 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$268 Million by the year 2030.

Select Competitors (Total 36 Featured) -

• Arjo
• DJO global
• Drive DeVilbiss healthcare
• ETAC
• GF Health Products
• Guldmann
• Handicare
• Hill-Rom Holdings, Inc.
• Invacare
• Joerns Healthcare
• Medline Industries
• Prism Medical UK

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year