Patient-Centric Approaches in Healthcare: Insights from the Patient Handling Equipment Market

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The global patient handling equipment market is projected to reach USD 14.0 billion by 2027 from USD 10.4 billion in 2022, at a CAGR of 6.2% during the forecast period. Growth in this market is largely driven by the increasing number of geriatric and obese populations, growing risk of accidents to caregivers while manually handling patients, rising number of patient admissions in hospitals, and the implementation of regulations and guidelines to ensure healthcare worker safety during the manual lifting. However, improper training provided to healthcare providers for the efficient operation of patient handling equipment is a major challenge that is hampering the market growth.

Patient Handling Equipment Market Trends, Drivers, and Opportunities | MarketsandMarkets
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Patient Handling Equipment Market Trends, Drivers, and Opportunities | MarketsandMarkets

The global patient handling equipment market in terms of revenue was estimated to be worth $10.4 billion in 2022 and is poised to reach $14.0 billion by 2027, growing at a CAGR of 6.2% from 2022 to 2027.