IMARC Group, a leading market research company, has recently releases report titled “Patient Lateral Transfer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global patient lateral transfer market trends, size, share, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the patient lateral transfer market?
The global patient lateral transfer market size reached US$ 335.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 697.1 Million by 2032, exhibiting a growth rate (CAGR) of 8.46% during 2024-2032.
Factors Affecting the Growth of the Patient Lateral Transfer Industry:
- Increasing Awareness of Patient Safety and Comfort:
The growing emphasis on patient safety and comfort is one of the major factors bolstering the market growth. Moreover, the increasing recognition among healthcare providers of the importance of minimizing physical strain on patients during transfers, which can lead to injuries or exacerbate existing conditions, is catalyzing the market growth. Besides this, the broader understanding of patient rights and the critical need to provide humane and dignified care is amplifying the market growth. In addition to this, the imposition of stricter guidelines and protocols by regulatory bodies and healthcare institutions to ensure safe patient handling is propelling the market growth.
- Rapid Advancements in Medical Technology and Equipment:
The rising innovations in medical devices and equipment, leading to the development of more efficient, user-friendly, and cost-effective transfer solutions, are boosting the market growth. Moreover, the introduction of modern lateral transfer devices that incorporate features such as lightweight materials, ergonomic designs, and advanced air-assisted technology, which facilitate smoother and safer patient transfers, is stimulating the market growth. Along with this, the continuous improvement in product designs and functionalities, driven by extensive research and development (R&D) activities to expand the range of available solutions, is enhancing the market growth. Furthermore, the burgeoning integration of smart technology and automation in patient handling equipment to offer enhanced safety features, real-time monitoring, and data analytics capabilities is favoring the market growth.
- Growing Geriatric Population and Rising Incidence of Chronic Diseases:
The increasing geriatric population and the rising incidence of chronic diseases are pivotal factors influencing the market growth. In line with this, the corresponding increase in the number of elderly patients who require frequent and careful handling due to their fragile health conditions is supporting the market growth. Geriatric patients have limited mobility and are at a higher risk of falls and injuries, necessitating the use of specialized transfer equipment to ensure their safety and comfort. Additionally, the rising prevalence of chronic diseases such as obesity, cardiovascular diseases, and musculoskeletal disorders, leading to a higher demand for patient transfer solutions that can accommodate various medical conditions and body types, is fueling the market growth.
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Patient Lateral Transfer Market Report Segmentation:
Breakup by Product Type:
- Air-Assisted Lateral Transfer Mattresses
- Regular Mattresses
- Split-Leg Mattresses
- Half Mattresses
- Sliding Sheets
- Accessories
Air-assisted lateral transfer mattresses represented the largest segment due to their superior ease of use and reduced risk of injury during patient transfers.
Breakup by Usage:
- Single Patient Use
- Reusable
Single patient use accounted for the largest market share as it minimizes the risk of cross-contamination and infections, ensuring higher standards of hygiene.
Breakup by End User:
- Hospitals
- Ambulatory Surgical Center
- Others
Hospitals represented the largest segment due to the high volume of patient transfers and the need for advanced equipment to manage diverse medical conditions.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
North America’s dominance in the patient lateral transfer market is attributed to its advanced healthcare infrastructure, higher healthcare expenditure, and rapid adoption of new medical technologies.
Global Patient Lateral Transfer Market Trends:
The increasing adoption of robotic-assisted transfer devices, which offer enhanced precision and reduce the physical burden on healthcare staff, is acting as a growth-inducing factor. Additionally, the rising utilization of lightweight and portable transfer devices that are easy to operate and transport, thereby catering to the needs of home healthcare settings and smaller medical facilities, is bolstering the market growth. Apart from this, the growing emphasis on ergonomic design, leading to the development of products that prioritize user comfort and ease of use, which is crucial in preventing caregiver injuries and improving patient outcomes, is contributing to the market growth.
Leading Companies Operating in the Global Patient Lateral Transfer Industry:
- Alimed Inc.
- Air-Matt Inc.
- Arjo
- Blue Chip Medical Inc.
- Etac AB
- EZ Way Inc
- GBUK Group Ltd.
- Haines Medical Australia
- McAuley Medical Inc.
- Samarit Medical AG
- Stryker Corporation
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