Research Expert: Sarah Overall
  • Published: Aug 2024
  • Pages: 150
  • SKU: IRTNTR72360

  • Patient Lateral Transfer Market 2023-2027: Size and Lack of trained caretakers for patient handling; growth driven by the Product, Some of key Companies Positioned Strategically

    The patient lateral transfer market size by Product (Air-assisted lateral transfer mattresses, Sliding sheets, and Accessories) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 335.69 million. The market is expected to grow at a CAGR of   10.2% between 2023 and 2027.

    • In the healthcare industry, the safe transfer and handling of patients, particularly bariatric individuals, is of paramount importance to prevent injuries to both patients and healthcare workers. Long-term care facilities and hospitals are increasingly adopting safe patient handling programs, which include the use of specialized transfer and mobilizing equipment, such as patient lateral transfer devices. Many states have mandated the use of such equipment to mitigate the risks of manual handling and protect the workforce. However, the implementation of these devices relies on the availability of adequately trained personnel. Proper utilization of patient lateral transfer devices necessitates a combination of theoretical knowledge, practical experience, and skill. Misuse of even advanced devices can result in injuries for patients and healthcare workers alike. Therefore, investing in comprehensive training programs for staff is essential to ensure the effective use of patient lateral transfer devices and maintain a safe working environment.
    • The North American Patient Lateral Transfer Market is projected to outpace the global market expansion rate during the forecast period, maintaining its position as the largest market by 2027. Key contributors to this region's growth include the US and Canada, with significant revenue generation driven by the prevalence of lifestyle diseases and musculoskeletal disorders (MSDs) among healthcare workers. In the US, chronic diseases account for approximately 75% of the country's USD3.3 trillion annual healthcare expenditures. Nearly forty percent of American adults carry two or more chronic conditions. These factors underscore the market's potential for robust growth in North America.

    Access the full report to know who are the other key countries segment-wise forecast and historic data

     

    Some of the Key Companies:

    • Alimed Inc.
    • Arjo AB
    • Assistive Technology Australia.
    • Bio - X.
    • Clinton USA LLC.
    • EZ Way Inc.
    • Getinge AB.
    • Haines Medical Australia Pty Ltd.
    • Hill Rom Holdings Inc.
    • HoverTech International.
    • Lateral Medical.
    • McAuley Medical Inc.
    • Meditek.
    • Medline Industries LP
    • MobilePatientLift.
    • Patient Positioning Systems LLC.
    • Phillips Safety.
    • Samarit Medical AG
    • SPH Medical.
    • Stryker Corp.

    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

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