Global Patient
Lateral Transfer Devices Market, By Product Type (Air Assisted Transfer
Device (Regular Mattresses, Split-Leg Mattresses, and Half Mattresses), Slide
Sheets, and Transfer Accessories), By Material Type (Single Patient Use and
Reusable), By End User (Hospitals, Ambulatory Surgical Centers, and Others),
and By Region (North America, Latin America, Europe, Asia Pacific, Middle East,
and Africa), is estimated to be valued at US$ 266.18 million in 2020 and is
expected to exhibit a CAGR of 9.4% over the forecast period (2020-2027), as
highlighted in a new report published by Coherent Market Insights.
Increasing launches of new and
advanced patient lateral transfer devices by market players is expected to
boost the market growth over the forecast period. For instance, in March 2017,
HoverTech International, a provider of air-assisted safe patient handling
equipment solutions, introduced the Q2Roller Lateral Turning Device designed to
easily turn patients without manual pulling or lifting. The Q2Roller provides
an effective solution for caregivers to reposition patients frequently for pressure
relief, hygiene, and wound care.
Furthermore, the increasing
prevalence of COVID-19 is anticipated to drive the market growth over the
forecast period. According to the According to the World Health Organization,
around 604,070 cases of coronavirus disease (COVID-19) were reported on April
16, 2020, in the U.S. Such high prevalence of COVID-19 has led to increased
hospitalization which resulted in increased demand of patient lateral transfer
devices.
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Browse 27 Market Data Tables and
26 Figures spread through 201 Pages and in-depth TOC on “Patient Lateral
Transfer Devices Market”- Global Forecast to 2027, By Product Type (Air
Assisted Transfer Device (Regular Mattresses, Split-leg Mattresses, and Half
Mattresses), Slide Sheets, and Transfer Accessories), By Material Type (Single
Patient Use and Reusable), By End User (Hospitals, Ambulatory Surgical Centers,
and Others), and by Region (North America, Latin America, Europe, Asia Pacific,
Middle East, and Africa).
Market players are focusing on
strengthening their geographical footprint and market presence by increasing investments
which is expected to drive the market growth over the forecast period. For
instance, in July 2019, Nordstjernan, a subsidiary of Etac, invested 70% of its
shares in the HoverTech International, in order to enhance its geographical
footprint in patient transfer devices market. Through this investment,
Nordstjernan will strengthen its position as a supplier of patient handling
equipment in the U.S. market.
Key Takeaways of the Global
Patient Lateral Transfer Devices Market:
The global patient lateral
transfer devices market is expected to exhibit a CAGR of 9.4% over the forecast
period, owing to increasing prevalence of spinal cord injuries (SCI). According
to the National Spinal Cord Injury Statistical Center, 2019, around 17,730 new
spinal cord injury (SCI) cases are reported in the U.S. every year.
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Report: https://www.coherentmarketinsights.com/market-insight/patient-lateral-transfer-devices-market-3840
Among product type, air assisted
transfer device segment accounted for largest market share in 2019, owing to
increasing technological advancement in patient lateral transfer devices. For
instance, the Evacuation HoverJack II Device, by HoverTech International, is an
air assisted all-in-one transport, lift, and stair evacuation solution. The
Evacuation HoverJack II Device provides an easy and safer access to healthcare
workers in transferring bariatric patients from their home to the hospital.
Among material type, single
patient use segment accounted for largest market share in 2019, owing to
increasing prevalence of strokes. According to the Global Burden of Disease
Stroke Statistics Worldwide, 2016, around 13.7 million new cases of stroke are
reported every year globally.
Key players operating in the
global patient lateral transfer devices market include Stryker Corporation,
Getinge AB, Airpal, Inc., Hovertech International, Hill-Rom Holdings Inc., Sizewise,
Patient Positioning System LLC, Medline Industries Inc., EZ Way Inc., McAuley
Medical Inc., Air-Matt, Inc., Blue Chip Medical Products Inc., Scan Medical,
and Samarit Medical AG.
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report: https://www.coherentmarketinsights.com/insight/buy-now/3840
About
Coherent Market Insights:
Coherent
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services, and competitive analysis through various recommendations related to
emerging market trends, technologies, and potential absolute dollar
opportunity.
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