Industry trends in patient lifting equipment
A new business intelligence report published by DBMR, titled “Global Patient Lifting Equipment Market Size, Share, Growth, Industry Trends, and Forecast to 2029,” includes the latest updates and strategic moves by competitors, along with market size growth estimates. The report on Global Patient Lifters Market gives clear visions how the research and estimates are derived from primary and secondary sources considering expert opinion, patent analysis, latest market development activities and other influencing factors. The report shows market share, size, trends, growth, trends, applications, competitive analysis, development patterns and the correlations between the market dynamics and forecasts for the period 2022 to 2029.
Patient Lifting Devices Market Analysis and Size
Patient lifts have proven useful for both disabled people and caregivers. Disabled and elderly people have mobility problems while going about their daily lives and they often find this process dangerous. People with disabilities increasingly require mobility or lifting devices to perform their daily activities as aging diseases often co-occur with obesity and disability.
Data Bridge Market Research analyzes that the patient lifting equipment market is expected to reach US$7.89 billion by 2029 at a CAGR of 13.25% over the forecast period. The increasing popularity of home health care is expected to create new opportunities for the market.
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Market Dynamics of Patient Lifting Devices
The increase in the mobile lifting platform segment is expected to grow at an above-average rate.
It is a challenge to store the bulk data generated by the electronic health records (EHR) on the local storage devices due to the risk of losing important data. Therefore, the deployment of these interoperability solutions in the healthcare sector becomes crucial to enable easy sharing and storage of big data.
The upsurge in home care applications
Due to the increasing emphasis on reducing health care costs and government initiatives to encourage home health care, the home care facility segment is expected to be the fastest growing during the forecast period. The expansion of the global homecare market is expected to spur demand for patient lifting equipment.
Maintaining compliance with medical reforms and regulations increases demand for these solutions.
Government investment in healthcare, especially for the aging population
The growing number of people with disabilities is expected to drive the market growth. Other factors such as an aging population, an increase in the risk of injury from manual patient handling, strict rules and norms to protect healthcare workers from manual lifting, and improvements in healthcare infrastructure are expected to increase demand for patient lifting equipment during the forecast period.
The patient lifting equipment market, on the other hand, is facing major challenges due to a shortage of trained and unprofessional nursing staff, as well as health problems such as sprains, musculoskeletal disorders and spinal injuries.
The Global Patient Lifting Equipment Market 2022 Report encompasses an unending knowledge and information about the definition, classifications, applications and engagements of the market and also explains the drivers and restraints of the market gained from the SWOT analysis. By applying market insights to this Patient Lifting Devices Market report, industry experts measure strategic options, summarize winning action plans, and assist businesses in making critical decisions. Furthermore, the data, facts and figures gathered to prepare this market report are derived from trusted sources such as websites, magazines, mergers, newspapers and other authentic sources. Development policies and plans are discussed, and manufacturing processes and cost structures are analyzed. This report also gives import/export consumption, supply and demand figures, price, cost, revenue and gross margins
List of Companies profiled in Patient Lifting Devices Market report are:
DJO Global, Inc
Drive DeVilbiss International
Hill Rom Services Inc
Joerns Healthcare LLC
Medline Industries, Inc
Home Medical Products Inc
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The Patient Lifting Devices Market report reveals data on major players, major collaborations, mergers and acquisitions, trending innovations, and business policies. The report sheds light on current and future market trends and conducts an analysis of the impact of buyers, substitutes, new entrants, competitors and suppliers in the market. The key topics discussed in this Patient Lifting Devices market report include market definition, market segmentation, key developments, competitive analysis, and research methodologies. In order to achieve maximum return on investment (ROI), it is very important to be familiar with market parameters such as brand awareness, market landscape, potential future issues, industry trends, and customer behavior where this Patient Lifting Devices Market report comes into play.
Scope of the global patient lift market
· Hill lifts
· Stair and wheelchair lifts
· mobile elevators
· Stand-up lift
· Bathtub and pool lifts
· Lifting straps
· Health care provider
· Settings for home care
· Elderly care facilities
Main benefits of the report:
* Global, regional, country, product purity, application and quality market size and its forecast from 2022 to 2029
* Identification and detailed analysis of the key market dynamics such as drivers, restraints, opportunities, and challenges affecting the growth of the market
* Detailed analysis of industry prospects with market specific Porter’s Five Forces analysis, PESTLE analysis and value chain to better understand the market and make expansion strategies
* Identification of key market players and comprehensive analysis of their market shares and core competencies, detailed financial positions, key products and unique selling propositions
* Analysis of key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales agreements and new product launches in the market
* Expert interviews and their insights into market changes, current and future prospects, and factors impacting vendors’ short-term and long-term strategies
* Detailed insights into emerging regions, product purity, application and quality with qualitative and quantitative information and facts
* Identification of the major patents pending in the Patient Lifting Devices market
Important Key Content Covered in Patient Lifting Devices Market:
• Introduction of Patient Lifting Devices market with development and status.
• Manufacturing technology of the market for patient lifting devices with analysis and trends.
• Analysis of the major manufacturers of the patient lift market with company profile, product information, production information and contact information.
• Analysis of Patient Lifting Devices market capacity, production, production value, cost and PROFIT
• Analysis of the market for patient lifting devices with comparison, supply, consumption as well as import and export.
• Patient Lifting Devices Market Analysis with market status and market competition by companies and countries.
• 2022 to 2029 Market Forecast of Global Patient Lifting Equipment Market including cost, profit, market share, supply, demand, import and export
• Trending factors affecting APAC, Europe, North America and ROW market shares?
• Patient Lifting Devices Market Analysis of Industry Chain Structure, Upstream Raw Materials and Downstream Industry
Full report is available (including full TOC, list of tables and figures, graphs and chart) @https://www.databridgemarketresearch.com/toc/?dbmr=global-patient-lifting-equipment-market
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