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How has the patient handling equipment market grown in recent years?

The market for patient handling equipment has seen a robust growth recently. It is anticipated to increase from a worth of $19.18 billion in 2024 to $23.07 billion in 2025, marking a compound annual growth rate (CAGR) of 20.3%. Factors such as a rise in the elderly population, higher healthcare spending, a surge in chronic illnesses, solid economic progress in developing markets, and legislation promoting accessibility for disabled individuals, have contributed to this historical growth.

How is the patient handling equipment market size expected to evolve during the forecast period?

Expectations are high for the mechanical power transmission equipment market to experience robust growth in the coming years, with its size predicted to reach $96.39 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.7%. The surge during the forecast period could be linked to eco-friendly and sustainable practices, emphasis on predictive maintenance, incorporation of renewable energy, global transfer of manufacturing centres, and a focus on lightweight and compact designs. The prevalent trends in the forecast period encompass the integration of smart sensors and IoT, customization and modular design, the use of advanced materials, collaborations in transmission system designs, and partnerships with robotics and cobots.

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Which key drivers are propelling the patient handling equipment market’s growth?

The upward trend in the number of elderly individuals worldwide is a significant factor boosting the growth of the market for patient handling equipment. With the elderly population more likely to be hospitalized due to a greater risk of chronic and various other illnesses, the requirement for patient handling equipment rises correspondingly. As per data from the World Health Organization, it is projected that the population aged 65 and above will increase to 1.4 billion by 2030 and further rise to 2.1 billion by 2050. Consequently, the swelling size of the elderly demographic is expected to stimulate greater demand for patient handling equipment in the market throughout the forecast period.

What are the market segments in the patient handling equipment industry?

The patient handling equipment market covered in this report is segmented –

1) By Product Type: Wheelchairs, Mobility Scooters, Medical Beds, Patient Transfer Equipment, Other Product Types

2) By Care Type: Critical Care, Fall Prevention, Bariatric Care, Wound Care, Other Care Types

3) By End-User: Homecare, Hospitals, Other End-Users

Subsegments:

1) By Wheelchairs: Manual Wheelchairs, Powered Wheelchairs, Lightweight Wheelchairs

2) By Mobility Scooters: 3-Wheel Mobility Scooters, 4-Wheel Mobility Scooters, Heavy-Duty Mobility Scooters

3) By Medical Beds: Manual Hospital Beds, Electric Hospital Beds, Bariatric Beds

4) By Patient Transfer Equipment: Patient Slings, Transfer Boards, Patient Lifts

5) By Other Product Types: Walkers and Rollators, Bedside Commodes, Gait Trainers

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Which leading companies are shaping the growth of the patient handling equipment market?

Major companies operating in the patient handling equipment market include Invacare Corporation, Hill-Rom Holdings Inc., ArjoHuntleigh Inc., Joerns Healthcare LLC, Handicare Group AB, Drive Divilbiss Healthcare Inc., ETAC AB, Gf Health Products Inc., Prism Medical UK, Guldmann Inc., Etac Limited, Arjo, Handicare (Xiamen) Co. Ltd., Linet Inc., Stryker Corporation, V. Guldmann A/S, Hill-Rom India Private Limited, Ottobock SE & Co, LINET, Malvestio, Ossenberg, Antano Group, Stiegelmeyer, Mangar Health, Lojer Oy, KNESTEL Technologie & Elektronik GmbH, Imaxdi, Karma, Reac Poland Sp.Zoo, Paramount Bed Holdings, Umano Medical, MEDITEK, AGA Sanitätsartikel GmbH, Drive DeVilbiss Healthcare, Brumaba GmbH & Co. KG, medifa-hesse GmbH & Co. KG, UFSK-International OSYS GmbH, Stiegelmeyer GmbH & Co. Kg, OpeMed Ltd., DJO LLC, Hill-Rom Services Inc, Getinge AB, Sunrise Medical LLC, Benmor Medical Limited, Paramount Bed Co. Ltd., Drive DeVilbiss Sidhil Ltd., Medline Industries Inc.

What key trends are currently impacting the patient handling equipment market’s development?

The key trend emerging in the patient handling equipment market is the invention of intelligent wheelchairs. These innovative wheelchairs are power-driven and equipped with sensors, cameras and a computer system that aids in managing complex tasks. Several organizations and researchers are focusing on developing these smart wheelchairs with built-in intelligence and sensors to decrease human intervention. For instance, Golden Technologies LLC, an American firm manufacturing mobility and healthcare products, including wheelchairs, introduced new lightweight foldable power wheelchairs in March 2023 – the GP301 Stride aluminum folding power wheelchair and the GP302 Cricket carbon fiber folding power wheelchair. These wheelchairs are ideal for those requiring mobility assistance as they are designed to be flexible and easily portable.

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Which geographic areas are influencing the growth of the patient handling equipment market?

North America was the largest region in the patient handling equipment market in 2024. Western Europe was the second largest region in the global patient handling equipment market report. The regions covered in the patient handling equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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