INDUSTRY OVERVIEW
The Electric Patient Lifts is Growing at 22% and is expected to reach 4Billion by 2031. Below mentioned are some of the dynamics shaping the Electric Patient Lifts .Electric Patient Lifts Market Size in (USD Billion) CAGR Growth Rate 22%
| Study Period | 2019-2031 |
| Market Size (2023): | 2Billion |
| Market Size (2031): | 4Billion |
| CAGR (2023 - 2031): | 22% |
| Fastest Growing Region | North America |
| Dominating Region | North America |
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Electric Patient Lifts are lifts that are powered by a battery or AC electrical current. assistive devices designed to lift and transfer patients from one place to another (for example, chair to stretcher, or bed to bath). These are an integral part of hospitals, nursing, and home care settings. These are different from stairway chair lifts or elevators. Increase in demand for patient lift technologies is likely to make the patient lifts market highly lucrative for investment. Moreover, rise in the global geriatric & disabled populations, grants from governments & international organizations, technological advancements, rise in hospitalization rate due to increase in incidence of chronic diseases, and surge in adoption of minimally invasive surgeries are likely to boost demand for patient lifts during the forecast period.
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Market Drivers:
The key drivers in the market include technological advancements, increasing demand by consumers for innovative products, and government-friendly policies. Our research company combines industry reports with expert interviews and market analysis tools to identify and quantify drivers such as these. We review the current trends and gather data from leading industry publications and market research firms to decipher exactly how these and other factors are encouraging or dampening market growth.
- Rising Geriatric And Bariatric Populations
- High Risk Of Injuries To Caregivers During The Manual Handling Of Patients
Market Restraints:
Some of the restraints to market growth may include regulatory challenges, high production costs, and disruptions in the supply chain. Our sources for these limitations include the regulation filings, industry surveys, and direct contributions from active participants within this marketplace. Tracking policy updates and economic reports further helps us to determine what kind of effect these factors have on the industry.
- High Initial Cost
Trends in the Market:
Among the trending ones are sustainability, digital transformation, and increasing importance of data analytics. Our research company is tracking these trends through the use of trend analysis tools, social media sentiment analysis, and industry benchmarking studies. Insights in emerging market preferences and technological advancements also come from surveys and focus groups.
- Assistive technology
These include emerging markets, innovation in product development, and strategic partnerships. We identify these opportunities by performing market segmentation analysis, competitive landscape assessment, and investment trend evaluation. The data is collected based on industry reports, financial performance analysis for major players, and forecasting models for identifying future growth areas.
- Growing Patient Volume In Nursing Homes And Rising Demand For Home Healthcare
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Regulation Shaping the Healthcare Industry
The healthcare industry is significantly influenced by a complex framework of regulations designed to ensure patient safety, efficacy of treatments, and the overall quality of care. Key regulatory areas include drug approval processes, medical device standards, and healthcare data protection. These regulations aim to maintain high standards for clinical practices and safeguard public health.Major Regulatory Bodies Worldwide
1. U.S. Food and Drug Administration (FDA): In the United States, the FDA is a pivotal regulatory authority overseeing the approval and monitoring of pharmaceuticals, medical devices, and biologics. The FDA sets stringent standards for product safety and efficacy, which significantly impacts market entry and ongoing compliance for healthcare companies.2. European Medicines Agency (EMA): The EMA plays a crucial role in the European Union, evaluating and supervising medicinal products. It provides centralized approval for drugs and ensures that products meet rigorous safety and efficacy standards across member states.
3. Health Canada: This agency regulates pharmaceuticals and medical devices in Canada, ensuring that products are safe, effective, and of high quality. Health Canada's regulations are aligned with international standards but tailored to meet national health needs.
4. World Health Organization (WHO): While not a regulatory body in the traditional sense, the WHO sets international health standards and provides guidelines that influence national regulatory frameworks. It plays a key role in global health policy and emergency response.
5. National Medical Products Administration (NMPA): In China, the NMPA regulates the approval and supervision of drugs and medical devices, with an increasing focus on aligning with global standards and facilitating market access.
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SWOT Analysis in the Healthcare Industry
SWOT analysis in the healthcare industry involves a structured assessment of Strengths, Weaknesses, Opportunities, and Threats to identify strategic advantages and areas for improvement.• Strengths: Evaluates internal factors such as advanced technology, skilled personnel, and strong brand reputation. For example, a hospital with cutting-edge medical equipment and specialized staff is considered to have a strong competitive edge.
• Weaknesses: Identifies internal limitations like outdated facilities, regulatory compliance issues, or high operational costs. Weaknesses could include inefficient processes or lack of innovation.
• Opportunities: Assesses external factors that could drive growth, such as emerging medical technologies, expanding markets, or favorable government policies. Opportunities might involve partnerships or new service lines.
• Threats: Examines external challenges such as increasing competition, changing regulations, or economic downturns. Threats might include new entrants with disruptive technologies or stricter regulatory requirements.
Market Segmentation
Segmentation by Type
- Manual
- Powered
- Foldable
- Sit-to-stand
Electric Patient Lifts Market Segmentation by Type
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Segmentation by Application
- Healthcare
- Rehabilitation
- Elder care
Electric Patient Lifts Market Segmentation by Application
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Regional Outlook
The North America currently holds a significant share of the market, primarily due to several key factors: increasing consumption rates, a burgeoning population, and robust economic momentum. These elements collectively drive demand, positioning this region as a leader in the market. On the other hand, North America is rapidly emerging as the fastest-growing area within the industry. This remarkable growth can be attributed to swift infrastructure development, the expansion of various industrial sectors, and a marked increase in consumer demand. These dynamics make this region a crucial player in shaping future market growth. In our report, we cover a comprehensive analysis of the regions and countries, includingRegions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
North America
Dominating Region
North America
The company consistently allocates significant resources to expand its research capabilities, develop new medical technologies, and enhance its pharmaceutical portfolio. Johnson & Johnson's investments in R&D, coupled with strategic acquisitions and partnerships, reinforce its position as a major contributor to advancements in healthcare. This focus on innovation and market expansion underscores the critical importance of the North American region in the global healthcare landscape.
- Hill-rom Holdings
- Inc. (United States)
- Stryker (United States)
- Invacare (United States)
- Drive Medical (United States)
- GF Health (United States)
- NAUSICAA Medical (France)
- Liko (United States)
- Addus Homecare (United States)
Electric Patient Lifts Market Segmentation by Players
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Primary and Secondary Research
Primary research involves the collection of original data directly from sources in the healthcare industry. Approaches include the survey of health professionals, interviews with patients, focus groups, and clinical trials. This gives an overview of the current practice, the needs of the patient, and the interest in emerging trends. Firsthand information on the efficacy of new treatments, an assessment of market demand, and insight into changes in regulation can be sought only with primary research.Secondary Research: This is the investigation of existing information from a variety of sources, which may include industry reports, academic journals, government publications, and market research studies. Alfred secondary research empowers them to understand trends within industries, historical data, and competitive landscapes. It gives a wide view of the market dynamics and validates findings obtained from primary research. By combining both primary and secondary together, health organizations will be empowered to develop comprehensive strategies and make informed decisions based on a strong foundation built on data.
Report Infographics
|
Report Features |
Details |
|
Base Year |
2023 |
|
Based Year Market Size (2023) |
2Billion |
|
Historical Period |
2019 to 2023 |
|
CAGR (2023 to 2031) |
22% |
|
Forecast Period |
2023 to 2031 |
|
Forecasted Period Market Size (2031) |
4Billion |
|
Scope of the Report |
Manual, Powered, Foldable, Sit-to-stand, Healthcare, Rehabilitation, Elder care. Sales Channel |
|
Regions Covered |
North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
|
Companies Covered |
Hill-rom Holdings, Inc. (United States), Stryker (United States), Invacare (United States), Drive Medical (United States), GF Health (United States), NAUSICAA Medical (France), Liko (United States), Addus Homecare (United States) |
|
Customization Scope |
15% Free Customization (For EG) |
|
Delivery Format |
PDF and Excel through Email |
Electric Patient Lifts - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Electric Patient Lifts Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Electric Patient Lifts Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Electric Patient Lifts Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Rising Geriatric and Bariatric Populations
- 3.1.2 High Risk of Injuries to Caregivers During the Manual Handling of Patients
-
3.2 Available Opportunities
- 3.2.1 Growing Patient Volume in Nursing Homes an
-
3.3 Influencing Trends
- 3.3.1 Assistive technology
- 3.3.2 Mobility aids
-
3.4 Challenges
- 3.4.1 High initial cost
- 3.4.2 Maintenance
- 3.5 Regional Dynamics
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Chapter 4 : Global Electric Patient Lifts Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Electric Patient Lifts Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: Electric Patient Lifts : Competition Benchmarking & Performance Evaluation
- 5.1 Global Electric Patient Lifts Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Electric Patient Lifts Revenue 2023
- 5.3 Global Electric Patient Lifts Sales Volume by Manufacturers (2023)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 5C’s Analysis
- 5.6 Ansoff Matrix
Chapter 6: Global Electric Patient Lifts Market: Company Profiles
- 6.1 Hill-rom Holdings
- 6.1.1 Hill-rom Holdings Company Overview
- 6.1.2 Hill-rom Holdings Product/Service Portfolio & Specifications
- 6.1.3 Hill-rom Holdings Key Financial Metrics
- 6.1.4 Hill-rom Holdings SWOT Analysis
- 6.1.5 Hill-rom Holdings Development Activities
- 6.2 Inc. (United States)
- 6.3 Stryker (United States)
- 6.4 Invacare (United States)
- 6.5 Drive Medical (United States)
- 6.6 GF Health (United States)
- 6.7 NAUSICAA Medical (France)
- 6.8 Liko (United States)
- 6.9 Addus Homecare (United States)
- 6.10 Handicare International (Sweden)
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Chapter 7 : Global Electric Patient Lifts by Type & Application (2019-2031)
-
7.1 Global Electric Patient Lifts Market Revenue Analysis (USD Million) by Type (2019-2023)
- 7.1.1 Manual
- 7.1.2 Powered
- 7.1.3 Foldable
- 7.1.4 Sit-to-stand
- 7.1.5 Portable
-
7.2 Global Electric Patient Lifts Market Revenue Analysis (USD Million) by Application (2019-2023)
- 7.2.1 Healthcare
- 7.2.2 Rehabilitation
- 7.2.3 Elder Care
- 7.3 Global Electric Patient Lifts Market Revenue Analysis (USD Million) by Type (2023-2031)
- 7.4 Global Electric Patient Lifts Market Revenue Analysis (USD Million) by Application (2023-2031)
Chapter 8 : North America Electric Patient Lifts Market Breakdown by Country, Type & Application
- 8.1 North America Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 8.2.1 Manual
- 8.2.2 Powered
- 8.2.3 Foldable
- 8.2.4 Sit-to-stand
- 8.2.5 Portable
-
8.3 North America Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 8.3.1 Healthcare
- 8.3.2 Rehabilitation
- 8.3.3 Elder Care
- 8.4 North America Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 8.5 North America Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 8.6 North America Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
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Sectional Purchase
Chapter 9 : LATAM Electric Patient Lifts Market Breakdown by Country, Type & Application
- 9.1 LATAM Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 9.2.1 Manual
- 9.2.2 Powered
- 9.2.3 Foldable
- 9.2.4 Sit-to-stand
- 9.2.5 Portable
-
9.3 LATAM Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 9.3.1 Healthcare
- 9.3.2 Rehabilitation
- 9.3.3 Elder Care
- 9.4 LATAM Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 9.5 LATAM Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 9.6 LATAM Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 10 : West Europe Electric Patient Lifts Market Breakdown by Country, Type & Application
- 10.1 West Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 10.2.1 Manual
- 10.2.2 Powered
- 10.2.3 Foldable
- 10.2.4 Sit-to-stand
- 10.2.5 Portable
-
10.3 West Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 10.3.1 Healthcare
- 10.3.2 Rehabilitation
- 10.3.3 Elder Care
- 10.4 West Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 10.5 West Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 10.6 West Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 11 : Central & Eastern Europe Electric Patient Lifts Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 11.2.1 Manual
- 11.2.2 Powered
- 11.2.3 Foldable
- 11.2.4 Sit-to-stand
- 11.2.5 Portable
-
11.3 Central & Eastern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 11.3.1 Healthcare
- 11.3.2 Rehabilitation
- 11.3.3 Elder Care
- 11.4 Central & Eastern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 11.5 Central & Eastern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 11.6 Central & Eastern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 12 : Northern Europe Electric Patient Lifts Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 12.2.1 Manual
- 12.2.2 Powered
- 12.2.3 Foldable
- 12.2.4 Sit-to-stand
- 12.2.5 Portable
-
12.3 Northern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 12.3.1 Healthcare
- 12.3.2 Rehabilitation
- 12.3.3 Elder Care
- 12.4 Northern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 12.5 Northern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 12.6 Northern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 13 : Southern Europe Electric Patient Lifts Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 13.2.1 Manual
- 13.2.2 Powered
- 13.2.3 Foldable
- 13.2.4 Sit-to-stand
- 13.2.5 Portable
-
13.3 Southern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 13.3.1 Healthcare
- 13.3.2 Rehabilitation
- 13.3.3 Elder Care
- 13.4 Southern Europe Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 13.5 Southern Europe Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 13.6 Southern Europe Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 14 : East Asia Electric Patient Lifts Market Breakdown by Country, Type & Application
- 14.1 East Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 14.2.1 Manual
- 14.2.2 Powered
- 14.2.3 Foldable
- 14.2.4 Sit-to-stand
- 14.2.5 Portable
-
14.3 East Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 14.3.1 Healthcare
- 14.3.2 Rehabilitation
- 14.3.3 Elder Care
- 14.4 East Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 14.5 East Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 14.6 East Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 15 : Southeast Asia Electric Patient Lifts Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 15.2.1 Manual
- 15.2.2 Powered
- 15.2.3 Foldable
- 15.2.4 Sit-to-stand
- 15.2.5 Portable
-
15.3 Southeast Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 15.3.1 Healthcare
- 15.3.2 Rehabilitation
- 15.3.3 Elder Care
- 15.4 Southeast Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 15.5 Southeast Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 15.6 Southeast Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 16 : South Asia Electric Patient Lifts Market Breakdown by Country, Type & Application
- 16.1 South Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 16.2.1 Manual
- 16.2.2 Powered
- 16.2.3 Foldable
- 16.2.4 Sit-to-stand
- 16.2.5 Portable
-
16.3 South Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 16.3.1 Healthcare
- 16.3.2 Rehabilitation
- 16.3.3 Elder Care
- 16.4 South Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 16.5 South Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 16.6 South Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 17 : Central Asia Electric Patient Lifts Market Breakdown by Country, Type & Application
- 17.1 Central Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 17.2.1 Manual
- 17.2.2 Powered
- 17.2.3 Foldable
- 17.2.4 Sit-to-stand
- 17.2.5 Portable
-
17.3 Central Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 17.3.1 Healthcare
- 17.3.2 Rehabilitation
- 17.3.3 Elder Care
- 17.4 Central Asia Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 17.5 Central Asia Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 17.6 Central Asia Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 18 : Oceania Electric Patient Lifts Market Breakdown by Country, Type & Application
- 18.1 Oceania Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 18.2.1 Manual
- 18.2.2 Powered
- 18.2.3 Foldable
- 18.2.4 Sit-to-stand
- 18.2.5 Portable
-
18.3 Oceania Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 18.3.1 Healthcare
- 18.3.2 Rehabilitation
- 18.3.3 Elder Care
- 18.4 Oceania Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 18.5 Oceania Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 18.6 Oceania Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 19 : MEA Electric Patient Lifts Market Breakdown by Country, Type & Application
- 19.1 MEA Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2019-2023]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2019-2023]
- 19.2.1 Manual
- 19.2.2 Powered
- 19.2.3 Foldable
- 19.2.4 Sit-to-stand
- 19.2.5 Portable
-
19.3 MEA Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2019-2023]
- 19.3.1 Healthcare
- 19.3.2 Rehabilitation
- 19.3.3 Elder Care
- 19.4 MEA Electric Patient Lifts Market by Country (USD Million) & Sales Volume (Units) [2024-2031]
- 19.5 MEA Electric Patient Lifts Market by Type (USD Million) & Sales Volume (Units) [2024-2031]
- 19.6 MEA Electric Patient Lifts Market by Application (USD Million) & Sales Volume (Units) [2024-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Electric Patient Lifts market may reach an estimated size of 4Billion by 2031.
The Electric Patient Lifts Market is estimated to grow at a CAGR of 22%, currently pegged at 2Billion.
The changing dynamics and trends such as Assistive Technology, Mobility Aids are seen as major Game Changer in Global Electric Patient Lifts Market.
The leaders in the Global Electric Patient Lifts Market such as Hill-rom Holdings, Inc. (United States), Stryker (United States), Invacare (United States), Drive Medical (United States), GF Health (United States), NAUSICAA Medical (France), Liko (United States), Addus Homecare (United States), Handicare International (Sweden) are targeting innovative and differentiated growth drivers some of them are Rising Geriatric And Bariatric Populations,,
High Risk Of Injuries To Caregivers During The Manual Handling Of Patients,,
Implementation Of Regulations Ensuring The Safety Of Healthcare Personnel Against Manual Lifting
As Industry players prepare to scale up, Electric Patient Lifts Market sees major concern such as High Initial Cost, Maintenance.
Some of the opportunities that Analyst at HTF MI have identified in Electric Patient Lifts Market are:
- Growing Patient Volume In Nursing Homes And Rising Demand For Home Healthcare
Electric Patient Lifts Market identifies market share by players along with the concentration rate using CR4, CR8 Index to determine leading and emerging competitive players such as Hill-rom Holdings, Inc. (United States), Stryker (United States), Invacare (United States), Drive Medical (United States), GF Health (United States), NAUSICAA Medical (France), Liko (United States), Addus Homecare (United States), Handicare International (Sweden).
Research paper of Global Electric Patient Lifts Market shows that companies are making better progress than their supply chain peers –including suppliers, majorly in end-use applications such as Healthcare, Rehabilitation, Elder care.
The Global Electric Patient Lifts Market Study is segmented by Manual, Powered, Foldable, Sit-to-stand, Portable.
The Global Electric Patient Lifts Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2019 - Base year: 2023. Forecast period**: 2025 to 2031 [** unless otherwise stated]
Electric Patient Lifts are lifts that are powered by a battery or AC electrical current. assistive devices designed to lift and transfer patients from one place to another (for example, chair to stretcher, or bed to bath). These are an integral part of hospitals, nursing, and home care settings. These are different from stairway chair lifts or elevators. Increase in demand for patient lift technologies is likely to make the patient lifts market highly lucrative for investment. Moreover, rise in the global geriatric & disabled populations, grants from governments & international organizations, technological advancements, rise in hospitalization rate due to increase in incidence of chronic diseases, and surge in adoption of minimally invasive surgeries are likely to boost demand for patient lifts during the forecast period.
