Patient handling gears market could reach $17.29b by 2031
The rehabilitation care segment is expected to grow at the fastest pace.
The patient handling equipment market is projected to reach $17.29b by 2031, driven by the rising geriatric and obese population who are more susceptible to fall-related injuries and functional disabilities.
According to MarketsandMarkets, the high risk of injuries to caregivers during manual patient handling and rising hospital admissions are also increasing market demand.
Based on type, the patient transfer devices segment will dominate the market during the forecast period.
On application, the market is segmented into bariatric care, acute care, long-term care, rehabilitation care, and other applications.
The report noted that the rehabilitation care segment is expected to grow at the highest compound annual growth rate during the forecast period as ageing, chronic diseases, injuries, and disability increase the need for mobility recovery and functional independence.
It cited the World Health Organisation, which estimated that 2.4 billion people globally live with health conditions that could benefit from rehabilitation.