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What Is the Forecast for the Hospital Stretchers Market from 2024 to 2025?

The market size of hospital stretchers has significantly expanded in the past few years. There is a predicted escalation from $2.86 billion in 2024 to $3.01 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.3%. The progress during the historic era is due to innovations in design and ergonomics, an upsurge in health care facilities, increased patient volume, specific medical needs, and an emphasis on safety and infection control.

What Is the Projected Market Size of the Hospital Stretchers Market?

It is anticipated that the hospital stretchers market will witness robust growth over the forthcoming years, expanding to a size of “$4.04 billion by 2029 with a 7.6% compound annual growth rate (CAGR). The anticipated growth within the forecast timeframe can be linked to factors such as the impact of worldwide health emergencies, advancements in material science, the rising demand for emergency care solutions, the evolution of regulatory standards, and an emphasis on customization and specialization. Key trends expected to define the forecast period encompass a focus on education and training, the integration of telehealth, adaptability and modularity, usage of sustainable and eco-friendly materials, and improvements in ergonomics and maneuverability.

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Who are the Major Competitors in the Hospital Stretchers Market Outlook?

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.

What Is Fueling Growth in the Hospital Stretchers Market?

The hospital stretchers market is predicted to experience a surge due to an increasing number of accidents. Accidents are unexpected, unfortunate events that frequently result in harm, damage, loss or casualties. With the escalation in casualty numbers, the demand for hospital stretchers, which play a crucial role in patient care by enabling the transport of individuals from one place to another, is also rising. As per a January 2023 report from the National Highway Traffic Safety Administration, a government agency from the US, the first nine months of 2022 saw the loss of 31,785 lives in car accidents. It also estimated an increase in fatalities in 25 states during the initial three quarters of 2022, with a 12% increase on rural interstates, 10% increase in crashes involving at least one large vehicle, and an 8% increase among bikers, and other locations, relative to the first half of 2021. Consequently, the upsurge in accidents is fuelling the hospital stretcher market’s growth.

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Which Hospital Stretchers Market Segments Are Growing the Fastest?

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 Industry Trends Are Shaping the Future of the Hospital Stretchers Market?

Big players in the hospital stretcher industry are focusing on creating innovative products like transportation stretchers to expand their client base and boost profits. A transportation stretcher is specially designed for safe and comfortable patient transfers within a healthcare establishment or during medical commute. For example, L I N E T spol. s r.o., which is a hospital and nursing beds manufacturer based in the Czech Republic, unveiled the Sprint 200 emergency stretcher in May 2022. The primary intention behind the Sprint 200 is to significantly decrease the prevalence of musculoskeletal disorders (MSDs) among healthcare workers worldwide while simultaneously improving patient movement efficiency and reducing overall care expenses. There are three distinct value propositions for Sprint 200. To begin with, it features an ergonomic design that prioritizes caregiver comfort by offering unbeatable maneuverability and efficiency. Next, the stretcher has a proven safety record from experience with a million care beds, conveying reliability and safety in patient transportation. Finally, Sprint 200 presents a pioneering design and materials, highlighting the company’s commitment to innovation by delivering a high-performance, durable stretcher solution.

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Which Countries Are Leading 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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This Report Delivers Insight On:

1. How big is the hospital stretchers market, and how is it changing globally?

2. Who are the major companies in the hospital stretchers market, and how are they performing?

3. What are the key opportunities and risks in the hospital stretchers market right now?

4. Which products or customer segments are growing the most in the hospital stretchers market?

5. What factors are helping or slowing down the growth of the hospital stretchers market?

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