Patient lateral transfer devices are used for moving a patient from one flat surface to another surface, such as from bed to a stretcher. Types of hospital transfer include bed to a wheelchair, bed to stretcher, wheelchair to chair, wheelchair to toilet, and vice versa. The patient lateral transfer involves moving a patient with the least stress on a caregiver, which increases the comfort level for both patient and caregiver. Moreover, patient lateral transfer devices help efficiently move the patient, as these devices improve the postures while moving a partially or completely dependent patient. With technological advancement, top market players have started developing automated devices that can transfer patients without any manual assistance by a caregiver.
According to the United States Census Bureau, there were 40.3 Million U.S residents aged 65 years and above in 2010, and the number reached 54.1 Million in July 2019. Such factors are expected to drive the patient lateral transfer devices market growth.
Growing incidence of musculoskeletal disorders such as low back pain, tendonitis, and others is expected to boost the global patient lateral transfer devices market. Further, high risk of injuries to caregivers during manual patient shifting will have a positive impact on the global patient lateral transfer devices market.
For instance, in April 2020, Centers for Disease Control and Prevention stated that the rate of hospitalization has increased globally due to the COVID-19. This, in turn, is expected to increase the demand for patient lateral transfer devices.
According to the United States Census Bureau, there were 40.3 Million U.S residents aged 65 years and above in 2010, and the number reached 54.1 Million in July 2019. Such factors are expected to drive the patient lateral transfer devices market growth.
Market Dynamics
Growing incidence of musculoskeletal disorders such as low back pain, tendonitis, and others is expected to boost the global patient lateral transfer devices market. Further, high risk of injuries to caregivers during manual patient shifting will have a positive impact on the global patient lateral transfer devices market.
For instance, in April 2020, Centers for Disease Control and Prevention stated that the rate of hospitalization has increased globally due to the COVID-19. This, in turn, is expected to increase the demand for patient lateral transfer devices.
Key features of the study:
- This report provides an in-depth analysis of the global patient lateral transfer devices market, market size (US$ Mn), and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global patient lateral transfer devices market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Stryker Corporation, Hill-Rom Holdings Inc., Arjo, Handicare AB, Etac AB, Sizewise, McAuley Medical Inc., Medline Industries Inc., Samarit Medical AG, Blue Chip Medical, Haines Medical Australia, Scan Medical Co Inc., Wy'East Medical, GBUK Banana, AliMed Inc., Cantel Medical Corporation, EZ Way Inc., and Patient Positioning Systems LLC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global patient lateral transfer devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global patient lateral transfer devices market
Detailed Segmentation:
Global Patient Lateral Transfer Devices Market, By Product Type:
- Air-assisted Transfer Mattress
- Regular Air-assisted Patient Lateral Transfer Mattresses
- Split-leg Air-assisted Patient Lateral Transfer Mattresses
- Half Air-assisted Patient Lateral Transfer Mattresses
- Reusable Air-assisted Patient Lateral Transfer Mattresses
- Disposable Air-assisted Patient Lateral Transfer Mattresses
- Slide Sheets
- Transfer Accessories
Global Patient Lateral Transfer Devices Market, By Usage:
- Reusable Patient Lateral Transfer Products
- Single-use Patient Lateral Transfer Products
Global Patient Lateral Transfer Devices Market, By End User:
- Hospital
- Ambulatory Surgical Centers
- Others
Global Patient Lateral Transfer Devices Market, By Region:
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
Company Profiles
- Stryker Corporation
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- Hill-Rom Holdings Inc.
- Arjo
- Handicare AB
- Etac AB
- Sizewise
- McAuley Medical Inc.
- Medline Industries Inc.
- Samarit Medical AG
- Blue Chip Medical
- Haines Medical Australia
- Scan Medical Co Inc.
- Wy'East Medical
- GBUK Banana
- AliMed Inc.
- Cantel Medical Corporation
- EZ Way Inc.
- Patient Positioning Systems LLC
Frequently Asked Questions about the Patient Lateral Transfer Devices Market
What is the estimated value of the Patient Lateral Transfer Devices Market?
What is the growth rate of the Patient Lateral Transfer Devices Market?
What is the forecasted size of the Patient Lateral Transfer Devices Market?
Who are the key companies in the Patient Lateral Transfer Devices Market?
Report Attribute | Details |
---|---|
No. of Pages | 154 |
Published | March 2022 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 291.6 Million |
Forecasted Market Value ( USD | $ 557.5 Million |
Compound Annual Growth Rate | 9.7% |
Regions Covered | Global |
Table of Contents
1. Research Objectives and Assumptions
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Patient Lateral Transfer Devices Market - Impact of Coronavirus (COVID-19) Pandemic
5. Global Patient Lateral Transfer Devices Market, By Product Type, 2017 - 2028, (US$ Mn)
6. Global Patient Lateral Transfer Devices Market, By Usage, 2017 - 2028, (US$ Mn)
7. Global Patient Lateral Transfer Devices Market, By End User, 2017 - 2028, (US$ Mn)
8. Global Patient Lateral Transfer Devices Market, By Region, 2017 - 2028, (US$ Mn)
9. Competitive Landscape
10. Section
Companies Mentioned
A selection of companies mentioned in this report includes:
- Stryker Corporation
- Hill-Rom Holdings Inc.
- Arjo
- Handicare AB
- Etac AB
- Sizewise
- McAuley Medical Inc.
- Medline Industries Inc.
- Samarit Medical AG
- Blue Chip Medical
- Haines Medical Australia
- Scan Medical Co Inc.
- Wy'East Medical
- GBUK Banana
- AliMed Inc.
- Cantel Medical Corporation
- EZ Way Inc.
- Patient Positioning Systems LLC