PATIENT HANDLING EQUIPMENT MARKET ANALYSIS

Market Challenges And Opportunities

Increasing number of musculoskeletal disorders is expected to accelerate the demand of patient handling equipment market in North America

Regional segmentation of the global patient handling equipment market by Coherent Market Insights comprises North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. According to the U.S. Bone and Joint Initiative,  in 2014, an estimated 4.5 million sports were related to musculoskeletal injuries  recorded in the U.S., with millions suffering from spine deformities, cancers of bones and connective tissues and congenital conditions, thus adding up to the market growth. North America is expected to grow at a lucrative rate owing to supportive government assistance for improvisation in infrastructure and medical facilities and rising demand for home care equipment. The substantial increase in Europe can be attributed to trained professionals, development of large number of healthcare facilities and demand for better supportive regulations for patient safety. The rapid growth of Asia Pacific is attributed to the factors involving rising popularity of medical tourism, rising preference to spend on healthcare, government initiatives to improve quality of patient care.