Patient Lifting Equipment Market – Industry Trends and Forecast to 2029 Research Report: Growth, Share, Value, Size, and Analysis

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 Patient Lifting Equipment Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Patient Lifting Equipment market is expected to reach the value of USD 7.89 billion by the year 2029, at a CAGR of 13.25% during the forecast period. Increasing popularity of home healthcare is expected to create new opportunity for the market.. Patient Lifting Equipment Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Patient Lifting Equipment Market Segmentation Analysis

Global Patient Lifting Equipment Market, By Product (Ceiling Lifts, Stair and Wheelchair Lifts, Mobile Lifts, Sit- to- Stand Lifts, Bath and Pool Lifts, Lifting Slings, Accessories), End- User (Hospitals, Home Care Setting, Elderly Care Facilities, Other) – Industry Trends and Forecast to 2029


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 Which are the top companies operating in the Patient Lifting Equipment Market?

The “Global Patient Lifting Equipment Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Patient Lifting Equipment Market extension. This Patient Lifting Equipment Market report provides the information of the Top 10 Companies in Patient Lifting Equipment Market in the market their business strategy, financial situation etc.

**Segments**

- By Product Type: Ceiling/Installed Patient Lifts, Mobile Patient Lifts, Sit-to-Stand Lifts, Bath/Lateral Transfer Lifts, Stair Lifts, and Others.
- By End User: Hospitals, Home Care Settings, Elderly Care Facilities, and Others.
- By Accessories: Sling Lifts, Transfer Belts, Transfer Boards, and Others.
- By Geography: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

In 2021, the patient lifting equipment market witnessed significant growth due to the increasing demand for patient handling equipment in healthcare settings. Ceiling/installed patient lifts segment dominated the market owing to their efficiency in transferring patients safely. Hospitals were the major end-users of patient lifting equipment in 2021, as these facilities require advanced lifting solutions to ensure patient safety and reduce the risk of injuries among healthcare workers. Accessories such as sling lifts and transfer belts also played a crucial role in the market, offering additional support during patient transfers. Geographically, North America and Europe were key markets for patient lifting equipment in 2021, driven by the presence of established healthcare infrastructure and rising geriatric population.

By 2029, the patient lifting equipment market is projected to witness exponential growth fueled by the increasing prevalence of chronic diseases and disabilities worldwide. Mobile patient lifts are expected to gain traction in the market, offering flexibility and ease of use in a variety of healthcare settings. Home care settings are anticipated to emerge as a significant end-user of patient lifting equipment by 2029, as more patients opt for home-based care solutions. The market players are likely to introduce innovative accessories such as transfer boards and slide sheets to enhance the overall patient lifting experience. Asia-Pacific and Latin America regions are forecasted to experience rapid market growth by 2029, driven by improving healthcare infrastructure and growing awareness about patient safety.

**Market Players**

- Arjo
- Invacare Corporation
- Hill-Rom Services Inc.
- GuldmThe patient lifting equipment market is highly competitive and dynamic, with several key players striving to gain a competitive edge through product innovation, strategic partnerships, and acquisitions. Arjo, a prominent player in the market, focuses on developing advanced patient handling solutions to meet the evolving needs of healthcare facilities. The company's wide range of products, including ceiling patient lifts and mobile patient lifts, cater to the diverse requirements of hospitals and elderly care facilities. Arjo's commitment to enhancing patient safety and caregiver efficiency has solidified its position as a leading player in the patient lifting equipment market.

Invacare Corporation is another key player that specializes in offering a comprehensive portfolio of patient lifting solutions, including sit-to-stand lifts and bath transfer lifts. The company's focus on innovation and quality has enabled it to carve a niche for itself in the competitive market landscape. Invacare Corporation's strategic collaborations with healthcare providers and industry stakeholders have further strengthened its market presence and brand reputation. By consistently introducing new product offerings and enhancing existing solutions, Invacare Corporation is well-positioned to capitalize on the growing demand for patient lifting equipment globally.

Hill-Rom Services Inc. is a market leader known for its innovative patient handling products, such as stair lifts and lateral transfer lifts. The company's strong emphasis on research and development enables it to deliver cutting-edge solutions that address the complex challenges faced by healthcare providers. Hill-Rom Services Inc.'s customer-centric approach and commitment to superior quality have earned it a loyal customer base and sustained market growth. By leveraging its technological expertise and industry experience, Hill-Rom Services Inc. continues to drive innovation and set new standards in the patient lifting equipment market.

Guldm is a key player that offers a diverse range of accessories for patient lifting equipment, including transfer belts and sling lifts. The company's focus on providing cost-effective and reliable solutions has positioned it as a trusted partner for healthcare facilities and caregivers. Guldm's commitment to product quality and customer satisfaction has helped it gain a competitive advantage in**Market Players**

- Arjo
- DJO Global, Inc.
- Drive DeVilbiss International
- Hill-Rom Services Inc.
- Invacare Corporation
- Joerns Healthcare LLC
- Medline Industries, Inc.
- BESTCARE Medical
- Nuk Healthcare
- Home Medical Products Inc.
- Orion Health group of companies
- OSP Labs
- AM HEALTHCARE TECHNOLOGY
- Deevita LLC
- GENERAL ELECTRIC COMPANY
- IBM

The patient lifting equipment market is witnessing substantial growth and is expected to continue its upward trajectory until 2029. The market is being primarily driven by factors such as the increasing prevalence of chronic diseases and disabilities globally, the rising demand for patient handling equipment in healthcare settings, and the focus on patient safety and caregiver efficiency. The market segmentation by product type, end-user, accessories, and geography provides a comprehensive understanding of the market landscape and the various factors influencing its growth.

Ceiling/installed patient lifts have been a dominant segment in 2021 due to their effectiveness in safely transferring patients. However, by 2029, mobile patient lifts are expected to gain momentum, offering flexibility and ease of use in different healthcare settings. Home care settings are also projected to emerge as significant end-users of patient lifting equipment, reflecting the growing trend towards home-based care solutions. Key geographical markets driving growth include Asia-Pacific and Latin America, propelled by advancements in healthcare infrastructure and increased awareness regarding patient safety.

Market players such

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Research Methodology of Data bridge Market Research:

Data Bridge Market Research typically follows a comprehensive research methodology for analyzing and reporting on market trends, including the Patient Lifting Equipment Market. The research methodology generally involves the following steps:

1. Data Collection

• Primary Research: This involves conducting interviews, surveys, and direct interactions with industry experts, market participants, and key opinion leaders. Primary data is crucial for gaining insights into the market's current dynamics, trends, and growth factors.


• Secondary Research: This includes gathering data from publicly available sources like company reports, press releases, industry journals, government publications, and reputable databases. Secondary research helps in understanding the market's historical trends and the competitive landscape.

2. Market Segmentation and Data Analysis

• Segmentation: The Patient Lifting Equipment Market is segmented based on various factors such as type, application, region, and end-user. This segmentation allows for a more detailed analysis of each Patient Lifting Equipment Market segment.


• Data Analysis: Advanced analytical tools and techniques, such as SWOT analysis, PESTLE analysis, Porter’s Five Forces analysis, and regression analysis, are used to interpret the data. These tools help in identifying key market trends, growth drivers, opportunities, and challenges.

3. Market Estimation

• Top-Down and Bottom-Up Approaches: These approaches are used to estimate and validate the market size. The top-down approach involves analyzing the overall market and then narrowing it down to specific segments, while the bottom-up approach starts from individual segments and aggregates them to estimate the total market size.


• Data Triangulation: Multiple data sources are compared and analyzed to ensure the accuracy and reliability of the market estimates.

4. Validation

• Expert Validation: The findings and market estimates are validated through discussions with industry experts and key stakeholders. This step ensures that the data and insights are accurate and reflect the market reality.


• Cross-Verification: The data is cross-verified with multiple sources to ensure consistency and accuracy.

5. Report Compilation and Presentation

• Drafting the Report: Once the data analysis is complete, the findings are compiled into a comprehensive report. The report includes a detailed analysis of market trends, forecasts, competitive landscape, and strategic recommendations.


• Final Review: The report undergoes a final review to ensure that it meets the quality standards and provides valuable insights to the clients.

6. Ongoing Updates

• Continuous Monitoring: The market is continuously monitored, and the reports are updated periodically to reflect the latest market trends and developments.

This structured approach ensures that the research conducted by Data Bridge Market Research is thorough, accurate, and provides actionable insights for stakeholders in the Patient Lifting Equipment Market.

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