Hospital Stretchers Market Forecast and Insights: Exploring Growth Trends, Market Size, and Emerging Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Major Market Drivers Are Expected to Boost the Growth Potential of the Hospital Stretchers Market?
The hospital stretchers market is expected to surge due to the increasing prevalence of accidents. An accident, an unwanted incident that typically results in harm, injury, or loss, often has fatalities as a side effect. These growing casualty rates significantly contribute to the expansion of the hospital stretcher market, given that stretchers are crucial for patient transportation. For example, data from a 2023 report by the National Highway Traffic Safety Administration, a governmental agency in the United States, disclosed that 31,785 individuals perished in car accidents within the first nine months of 2022. The report further indicated a rise in fatalities in 25 states in the initial three-quarters of 2022, with a 12% increase on rural interstates, a 10% increase in collisions involving at least one large vehicle, and an 8% increase among cyclists and others, compared to the first half of 2021. Consequently, this escalating prevalence of accidents fuels the growth of the hospital stretcher market.
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How Has the Hospital Stretchers Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
In recent times, the size of the hospital stretchers market has experienced robust growth. Its expansion will continue from $2.86 billion in 2024 to $3.01 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%. Factors that contributed to the growth in the past include advancements in design and ergonomics, increased healthcare facilities, a rise in the number of patients, specific medical requirements, as well as a focus on safety and infection control.
The market size for hospital stretchers is predicted to witness a robust expansion in the future years, flourishing to “$4.04 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. The anticipated growth in the forecast period can be ascribed to factors such as the impact of the global health crisis, advances in material science, the increase in the demand for emergency care services, advancements in regulatory protocols, and the emphasis on customization and specialization. Significant trends projected for the forecast period encompass a focus on education and training, integration of telehealth, modularity and adaptability, utilization of sustainable and eco-friendly materials, and improvements in ergonomics and maneuverability.
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What Are the Key Market Innovations in theHospital Stretchers Market Over the Coming Years?
Key players in the hospital stretcher market are expanding their product line with innovative offerings like transportation stretchers, aiming to address wider customer needs, generate more sales, and boost revenue. A transportation stretcher is a healthcare tool intended for secure and comfortable patient transfer within a healthcare establishment or during medical transport. For example, L I N E T spol. s r.o., a hospital and nursing beds manufacturer based in the Czech Republic, inaugurated its Sprint 200 emergency stretcher in May 2022. The Sprint 200 is a unique solution designed to significantly reduce musculoskeletal disorders (MSDs) among global caregivers while improving patient flow efficiency and lowering overall care costs. Its key features include first, an ergonomic drive for maximum mobility and efficiency, prioritizing caregiver comfort and productivity. Second, its safety credentials, established through experiences with a million care beds, ensure trust and safety in patient transport services. Lastly, Sprint 200 boasts state-of-the-art design and materials, highlighting its revolutionary design along with high-quality material use, thus emphasizing its dedication to innovation and providing a robust, high-performing stretcher solution.
Who Are the Top Companies Driving Innovation and Growth in theHospital Stretchers Market?
Major companies operating in the hospital stretchers market include Stryker Corporation, TransMotion Medical Inc., Advanced Instrumentations Inc., Mac Medical Inc., Narang Medical Limited, ROYAX s.r.o., Anetic Aid Ltd., LINET Group SE, Fu Shun Hsing Technology Co. Ltd., Venture Medical Technologies Inc., Zhangjiagang Xiehe Medical Instrument Co. Ltd., Advin Healthcare Pty. Ltd., Narayan Enterprises Private Limited, Joson Care Enterprise Co. Ltd., Desco Medical Limited, Medline Industries Inc., Invacare Corporation, Baxter International Inc., Carl Bennet AB, Paramount Bed Holdings Co. Ltd., Stiegelmeyer GmbH & Co. KG, Joerns Healthcare LLC, Spencer S.p.A., Midmark Corporation, Howard Wright Limited, Getinge AB, FUJIFILM Holdings Corporation, Gendron Inc., GF Health Products Inc., Hill-Rom Holdings, Inc., Ferno-Washington, Inc., Givas Srl, Hidemar S.r.l., HOSPIMETAL S.A., Haelvoet NV, Famed Zywiec Sp. z o.o.
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Which Key Market Segments Comprise the Hospital Stretchers Market and Drive Its Revenue Growth?
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
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Which Regions Are Emerging as Leaders in the Hospital Stretchers Market?
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
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