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How Will the Hospital Stretchers Market Grow Over the Forecast Period Based on Its Expected CAGR?

Recently, the hospital stretchers market has seen significant growth. In terms of market size, it’s expected to increase from $2.86 billion in 2024 to $3.01 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this growth during the historical period include advancements in design and ergonomics, expansion of healthcare facilities, rising patient numbers, specific medical requirements, and a focus on safety and infection control.

The market size of hospital stretchers is predicted to witness robust expansion in the upcoming years, surging to “$4.04 billion by 2029 at a 7.6% compound annual growth rate (CAGR). The anticipated growth during this period can be imparted to factors such as global health crisis impacts, advancements in material science, increased demand for emergency healthcare solutions, progression in regulatory standards, customization, and specialized features. The key trends projected for this period include a focal point on education and training, integration of telehealth, adaptability, eco-friendliness, modularity and improvements in ergonomics and maneuverability.

Which Primary Drivers Are Supporting the Continued Expansion of the hospital stretchers Market?

The hospital stretchers market is likely to expand due to the increase in accident rates. Accidents, unintended harmful events resulting in damage, injuries, or loss of life, contribute significantly to the hospital stretcher market’s growth, given the critical role stretchers play in patient care by facilitating movement from one place to another. For example, the National Highway Traffic Safety Administration, a government agency in the US, reported in January 2023 that 31,785 people had died in car accidents during the first three quarters of 2022. There was an increase in fatality rates in 25 states, with a 12% increase on rural interstates, a 10% increase in accidents involving large vehicles, and an 8% increase among bikers during the same period compared to the first half of 2021. Consequently, the escalating number of accidents propels the growth of the hospital stretcher market.

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Who Are the Dominant Players Expanding Their Reach in the Hospital Stretchers Market?

Major companies operating in the hospital stretchers market include:

• Stryker Corporation_x000D_

• TransMotion Medical Inc._x000D_

• Advanced Instrumentations Inc._x000D_

• Mac Medical Inc._x000D_

• Narang Medical Limited_x000D_

What Are the Top Trends Shaping the Evolution of the Hospital Stretchers Market?

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Which Industry Segments Are Leading the Development and Expansion of the Hospital Stretchers Market?

The hospital stretchers market covered in this report is segmented –

1) By Product Type: Fixed Height Stretchers, Adjustable Stretchers, Bariatric Stretchers, Other Product Types

2) By Technology: Motorized Stretchers, Non-Motorized Stretchers

3) By Application: Intra-Hospital, Pediatric Care, Emergency Department, Radiology Department, Other Applications

Subsegments:

1) By Fixed Height Stretchers: Standard Fixed Height Stretchers, Foldable Fixed Height Stretchers

2) By Adjustable Stretchers: Manual Adjustable Stretchers, Electric Adjustable Stretchers

3) By Bariatric Stretchers: Heavy-Duty Bariatric Stretchers, Wider Bariatric Stretchers

4) By Other Product Types: Stretcher Chairs, Neonatal Stretchers, Emergency Transport Stretchers

Which Regions Are Setting the Pace for Hospital Stretchers Market Growth?

North America was the largest region in the hospital stretchers market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global hospital stretchers market report during the forecast period. The regions covered in the hospital stretchers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Hospital Stretchers Market Defined Across Different Regions?

Hospital stretchers refer to medical devices that are used to transport patients within a healthcare facility, such as a hospital or an ambulance. They are designed to safely and comfortably move patients who are unable to move, such as those who are injured, ill, or undergoing surgery.

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