Patient Lateral Transfer Market Worth $305.4 Million | Growing Demand for Home Healthcare Services |

PUNE, India, 2020-May-06 — /EPR Network/ —

Major factors driving the growth of the market are high risk of injuries to caregivers during manual handling of patients, implementation of regulations to minimize manual patient handling, and advantages of lateral transfer devices in overcoming persistent difficulties in handling patients with special conditions. On the other hand, the lack of training to caregivers for the efficient operation of patient handling equipment is a restraining factor in this market.

The Global Patient Lateral Transfer Market is projected to reach USD 305.4 Million, at a CAGR of 9.2%.

Objectives of the Study:

• To define, describe, and forecast the global patient lateral transfer market on the basis of product and region
• To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the market segments and sub-segments with respect to individual growth trends, future prospects, and contributions to the overall market
• To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

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Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global patient lateral transfer market and estimate the size of other dependent submarkets. Various secondary sources such as World Health Organization (WHO), Organization for Economic Co-operation and Development (OECD), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), American Association for Safe Patient Handling & Movement, Occupational Safety and Health Administration (OSHA), European Medicines Agency (EMA), Patient Handling UK, National Health Services (NHS) directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market.

Market Segmentation in Depth:

on the basis of product is classified into air-assisted lateral transfer mattresses, sliding sheets, and accessories (air supply units, carts, stands, and transfer mat covers). The air-assisted lateral transfer mattresses segment is further divided into air-assisted lateral transfer mattresses segment by type, and air-assisted lateral transfer mattresses segment by material. The air-assisted lateral transfer mattresses segment is expected to account for the largest share of the market.

The large share of this product segment can be attributed to advantages of air-assisted lateral transfer mattresses in overcoming persistent difficulties while handling patients with special conditions and recommendations for the use air-assisted lateral transfer mattresses to avoid risk of musculoskeletal diseases in caregivers.

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The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. While North America (comprising the U.S. and Canada) is expected to account for the largest share of the global patient lateral transfer market in 2017. The Asia-Pacific patient lateral transfer market, particularly in China, Japan, and India is expected to witness high growth in the forecast period. Several countries in APAC have implemented policies for safe handling to prevent caregiver injuries while transferring and lifting patients.

The patient lateral transfer market is dominated by established players such as Getinge AB (Sweden), HoverTech International (U.S.), AirPal (U.S.), Patient Positioning Systems (U.S.), Medline Industries (U.S.), EZ Way (U.S.), and McAuley Medical (U.S.)