Patient Mechanical Lift Handling Equipment Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product (Standup and Raising Lifts/Aid, Overhead/Ceiling Lifts, Floor-Based Lifts, Gantry Lifts, Powered Sit-To-Stand Lifts, Bath Patient Lifters, Others), End User (Homecare, Hospitals, Elderly Care Homes, Others), and Geography

The patient mechanical lift handling equipment market size is projected to reach US$ 4.42 billion by 2031 from US$ 2.16 billion in 2023. The market is expected to register a CAGR of 9.4% during 2023–2031. The growing awareness programs and initiatives for safe patient handling by the government are likely to remain key trends in the market.

Patient Mechanical Lift Handling Equipment Market Analysis

Mechanical lift equipment such as standup and raising lifts, ceiling lifts, floor-based lifts and powered sit-to-stand lifts, and bath patient lifts are used extensively in transporting a patient from one place to another. Patients living with leg injuries, weak muscles and other conditions that effects patient’s physical movements require support for movement, which can be provided by these mechanical lifts. Additionally, the patient handling lifts are used for the ageing population who have lost their strength and are unable to move. The rising incidences for the muscular atrophy, bone fractures, and other musculoskeletal disorders increase the demand for patient mechanical lift handling equipment.

Patient Mechanical Lift Handling Equipment Market Overview

As highlighted by the Occupational Safety and Health Administration (OSHA), The use of lifting equipment is essential for implementing a successful safe patient handling program, as it has been shown to reduce the incidence of manual lifting injuries among healthcare staff by up to 95%. Additionally, advantages offered by mechanical lifts over manual patient handling increase the demand for mechanical lift equipment. According to OSHA, implementation of assistive technology tools, such as mechanical lifts, can significantly reduce the occurrence of work-related injuries, ultimately leading to reduced expenses associated with workers’ compensation, lost productivity, and employee turnover. Therefore, the increasing utilization of mechanical lift equipment favor patient mechanical lift handling equipment growth.

Patient Mechanical Lift Handling Equipment Market Drivers and Opportunities

Mounting Incidences of Musculoskeletal Injuries and Prevalence of Disability to Favor Market

Work-related musculoskeletal disorders, including those affecting the neck, upper extremities, and lower back, are a leading cause of lost workday injuries and illnesses for healthcare and social assistance workers, especially in nursing homes and residential care facilities. In addition, according to the Centers for Disease Control and Prevention (CDC) it is stated that musculoskeletal injuries due to the overexertion in healthcare profession are highest from all the US industries.

Additionally, various programs are initiated across the world to support the disabled people and these initiatives have increased the demand for the patient mechanical lift handling equipment. Therefore, above-mentioned factors are likely to propel growth of the patient mechanical lift handling equipment market during the forecast period.

Advent of Smart Lifts with Enhanced Safety Features Brings Growth Opportunities

The research and development of the assistive technology for safe patient handling has enabled the introduction of various innovative devices such as smart lifts. Integration of sensors, alarm, and automatic braking systems prevent incidents of equipment failure and enhance patient handling interventions. According to an article published in PubMed Central in June 2023, contextual lifting intervention using wearable sensor technology demonstrated a positive impact on the biomechanical risk factors for musculoskeletal injuries among healthcare workers, without increasing the biomechanical risk.

Additionally, as per the article published by Scientific Reports in May 2022, the use of collaborative robotics reduced maximum force exertion in caregiving by up to 51% and decreased lateral flexion and trunk torsion by up to 54% and 87% respectively. This led to a significant reduction in mean spine muscle activity of up to 55%. Hence, robotic technology is seen to have a positive impact on the market, is likely to bring growth opportunities in the market.

Patient Mechanical Lift Handling Equipment Market Report Segmentation Analysis

Key segments that contributed to the derivation of the patient mechanical lift handling equipment market analysis are product and end user.

• The patient mechanical lift handling equipment market is segmented based on product into standup and raising lifts/aid, overhead/ceiling lifts, floor-based lifts, gantry lifts, powered sit-to-stand lifts, bath patient lifters, and others. The standup and raising lifts/aid segment held the largest market share in 2023.
• By end user, the market is segmented into homecare, hospitals, elderly care homes, and others. The hospital segment held a significant share of the market in 2023.

Patient Mechanical Lift Handling Equipment Market Share Analysis by Geography

The geographic scope of the patient mechanical lift handling equipment market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.  Asia Pacific is expected to grow with the highest CAGR in the coming years.

The patient mechanical lift handling equipment market in North America is analyzed based on the three major countries: the US, Canada, and Mexico. The US is estimated to have a larger share of the North America patient mechanical lift handling equipment market in 2023. The growth in this region is characterized by increasing government programs, and rising awareness about safe patient handling. In the US, the Safe Patient Handling Movement (SPHM) program has been implemented in the healthcare facilities to provide staff training regarding the use of appropriate equipment that reduced the liability of risk and other expenses for the organizations. The initiative aids in reducing the musculoskeletal disorders among the patients, nurses and other assisting professionals. The government has also proposed laws for the safe patient handling.

Additionally, various technological developments by the market players are expected to augment the growth of the market significantly during the forecast period.

Patient Mechanical Lift Handling Equipment Market Regional Insights

The regional trends and factors influencing the Patient Mechanical Lift Handling Equipment Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Patient Mechanical Lift Handling Equipment Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Patient Mechanical Lift Handling Equipment Market Report Scope

Patient Mechanical Lift Handling Equipment Market Players Density: Understanding Its Impact on Business Dynamics

The Patient Mechanical Lift Handling Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Patient Mechanical Lift Handling Equipment Market are:

1. Gainsborough Healthcare Group
2. Getinge Group
3. Handicare Group AB
4. Hill Rom Holding Inc.
5. Stryker Corporation
6. Invacare Corporation

Disclaimer: The companies listed above are not ranked in any particular order.

Patient Mechanical Lift Handling Equipment Market News and Recent Developments

The patient mechanical lift handling equipment market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes essential corporate publications, association data, and databases. A few of the developments in the patient mechanical lift handling equipment market are listed below:

• Invacare Corporation launched its Birdie Evo XPLUS, an innovative patient lift solution for the post-acute care setting. With its sleek and modern design, the Birdie Evo XPLUS provides advanced technology that helps maximize comfort and security when lifting or transferring a patient to or from a bed, chair or floor. (Source: Invacare Corporation, Press Release, May 2022)
• Dynatronics launched a new bariatric stand-in table with a motorized patient lift and a laminated H-brace treatment table. The Bariatric Electric Stand-In Table with Patient Lift (Hausmann Model 6177) is a motorized variable-height stand-in table with the capability to lift a 500lb patient from a sitting position to a standing position. This model replaces a previously discontinued one. (Source: Dynatronics Corporation, Press Release, February 2021)

Patient Mechanical Lift Handling Equipment Market Report Coverage and Deliverables

The “Patient Mechanical Lift Handling Equipment Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Patient mechanical lift handling equipment market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Patient mechanical lift handling equipment market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Patient mechanical lift handling equipment market analysis covering key market trends, global and regional framework, significant players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the patient mechanical lift handling equipment market
• Detailed company profiles