PATIENT MECHANICAL LIFT HANDLING EQUIPMENT MARKET ANALYSIS

Regional Analysis

Global Patient Mechanical Lift Handling Equipment Market: Regional Insights

Based on geography, the global patient mechanical lift handling equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the rising prevalence of chronic diseases, growing geriatric population, and rise in adoption of safety guidelines in the region. For instance, chronic diseases are among the leading causes of death in the United States. According to the National Council on Aging (NCOA), older adults are disproportionately affected by chronic conditions. Around 95% adults in the U.S. have at least one chronic condition, and around 80% of have two or more chronic condition. This in turn is expected to increase demand for patient mechanical lift handling equipment.

Moreover, Europe and Asia Pacific are also expected to witness robust growth in the global patient mechanical lift handling equipment market due to the rise in burden of chronic diseases, growing geriatric population, and rise in adoption or demand for patient mechanical lift handling equipment in these regions. For instance, according to the European Chronic Disease Alliance, cardiovascular disease (CVD) causes 3.9 million deaths each year in Europe and around 1.8 million deaths in the European Union. In 2021, 35.2% of the EU population aged 16 years and over reported having a long-standing illness or health problem.

Figure 2. Global Patient Mechanical Lift Handling Equipment Market Share (%), By Product, 2023

Global Patient Mechanical Lift Handling Equipment Market Segmentation:

The global patient mechanical lift handling equipment market report is segmented into Product, End User, and Geography.

Based on Product, the patient mechanical lift handling equipment market is segmented into Bath Patient Lifters, Floor-based Lifts, Overhead/Ceiling Lifts, Powered Sit-To-Stand Lifts, Stand-up and Raising Lifts, and Other Products. Out of which, Floor-based Lifts Segment is expected to dominate the market over the forecast period and this is attributed to the increase in prevalence of chronic disease and growing geriatric population.

Overhead/Ceiling Lifts Segment is also expected to witness significant growth in the near future and this is owing to the increase in use or adoption of overhead/ceiling lifts.

Based on End User, the market is segmented into Hospitals, Home Healthcare, and Other End Users. Out of which, Hospitals Segment is expected to dominate the market over the forecast period and this is attributed to the increase in adoption of patient handling equipment.

Home Healthcare Segment is also expected to witness significant growth in the near future and this is owing to rise in demand for home healthcare services or devices.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East and Africa: GCC Countries, Israel, Rest of Middle East, South Africa, North Africa, and Central Africa