Patient Mechanical Lift Handling Equipment Market Analysis and Forecast, 2014-2022

Patient mechanical lift handling systems or ceiling lifts move patients who are either unable to move or whose weight makes it unsafe to move or lift them manually. While ensuring safe and dignified patient transfer, these lifts make life easier for caregivers by relieving them of manual patient lifting, repositioning and transferring activities. According to Allied Market Research, the patient mechanical lift handling equipment market was valued at 861 million in 2015, and is estimated to reach $1,629 million by 2022, growing at a CAGR of 9.4% during the forecast period 2014-2022.

Patient handling tasks are recognized as the major cause for over-exertion injuries among the nursing work force working in healthcare settings ranging from acute care hospitals or ambulatory facilities. Ceiling lifts allow caregivers to easily move people who cannot move independently between wheelchair and bed or other furniture due to decreased mobility, strength, balance, coordination or other health issues.

A number of factors are driving the global patient mechanical lift handling equipment market, according to the report:

• Rising number of accidents and increasing disabilities
• Spike in the elderly population
• Risk of musculoskeletal injuries among caregivers in the process of manual handling of patients
• Rules forbidding manual handling of patients

Obesity has also helped to promote the market as rise in obesity causes people to lose their mobility. As per an analysis of trend data from 188 countries by an international consortium of researchers led by the Institute for Health Metrics and Evaluation, 2.1 billion people are currently overweight and obese.

The market report segments the patient mechanical lift handling equipment market by product type, end user and geography. By product type, the market is categorized into seven segments:

Based on geography, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA. Currently, North America and Europe are the key regions on account of the spike in the elderly population, increasing instances of obesity, rise in the incidence of musculoskeletal injuries, effective government regulations, favorable reimbursement policies, and high spending capacity of patients. In the years ahead, Asia-Pacific and Latin-America are expected to have high potential for the growth of the patient mechanical lift handling equipment market due to growing urbanization, increasing disposable incomes, rising awareness about patient lifts, increasing instances of obesity, and a rapidly growing elderly population.

The key players profiled in this report are: Stryker Corporation, Hill-Rom Holdings Inc., Invacare Corporation, Guldmann Inc., Getinge Group, Handicare Group AB, Gainsborough Specialist Bathing, Mangar International, Inc., Prism Medical, and Joerns Healthcare, Inc. The key players focus developing innovative products to meet the specific requirements of end users.

According to Transparency Market Research, the powered sit-to-stand lifts segment leads the patient mechanical lift market with a dominant share and is expected to continue its growth owing to the emergence of automated lifts that enhance patient safety and comfort. Hospitals are also are increasingly leveraging expensive mechanical lifts, and are another factor contributing to their substantial market share.