Increasing number of hospital admissions is anticipated to fuel the market for patient transportation equipment market in coming years. With a noticeable spur in road accidents, emergency admissions have led to a direct increase in demand for hospital beds, wheelchairs and many more products within healthcare facilities. Road traffic fatalities are the leading cause of death by injuries and the tenth-leading cause of all deaths globally, responsible for a disproportionately large share of the global burden of disease.
With the rise in injuries, there are also successful ambulatory programmes that contribute to prompt emergency intervention for trauma victims or chronic condition patients. The prompt delivery of these programmes is crucial in the delivery of health care. Furthermore, the increasing number of roadside incidents involving emergency medical services is propelling the patient transportation industry ahead. The emergence of a large demographic pool over 60 years old, which is vulnerable to neurological ailments, heart disorders, tumours, and spinal injuries, is also projected to be a high impact-rendering factor for the industry's development over the forecast era.
Furthermore, the COVID-19 epidemic has resulted in a large increase in the need for hospital beds all around the world. As the number of corona cases increases across the world, policymakers in both developed and developing countries are being pushed to expand their patient-handling capability. The public health services are investing funds to buy the requisite hospital facilities, including medical beds, which are a vital necessity. Other big factors that would favorably affect demand growth include an increase in donations for connected with patient transportation devices.
Adroit Market Research study on the global market for patient transport devices offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, threats and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players in the global composite resin market have been analyzed in depth.
Key vendors in the market include Invacare Corporation, Lojer Oy, Stiegelmeyer, McAuley Medical, Savaria, Prism Medical UK, Guldmann, Stryker Corporation, GF Health Products, Hill-Rom Holdings, PARAMOUNT BED CO., LTD, and many more
Key Segments of the Global Patient Transport Devices Market
Product Overview, 2018-2028 (USD Million)
- Wheelchairs and Scooters
- Medical Beds
- Patient Lifts
Care Type Overview, 2018-2028 (USD Million)
- Bariatric Care
- Neurologic Care
- Orthopedic Care
End Use Overview, 2018-2028 (USD Million)
- Home Care Settings
Regional Overview, 2018-2028 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America