Patient Lateral Transfer Market is expected to reach US$ 519.3 Mn by 2030
The global patient lateral transfer market is expected to witness a CAGR of over 7.1% between 2020 and 2030. Healthcare workers often perform a physical task, generally transferring a patient from one bed to another, from bed to stretcher, etc., hence while carrying out the transfer the force is put on the back which results in back problem and pain. To avoid all these complications, manufacturers are focusing on providing non-mechanical devices that can help in easy patient lateral transfer without causing any injuries to both the patient and healthcare workers.
Meanwhile, increasing number of healthcare institutes and hospitals are also providing training to healthcare workers on properly using various techniques and materials such as transfer belts, using lateral sliding aids such as slid sheet, draw sheet, etc., to easily carry patient transfer process, reducing the number of injuries caused during transfer. Air-assisted lateral transfer mattresses are being used on a large scale to avoid the risk of Musculoskeletal Disorders (MSDs) among healthcare workers.
The patient lateral transfer market is subject to exclusive branding by the key players. This trend coupled with the outbreak of Covid-19 is expected to propel the market in the forecast period” – FMI analyst.
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Moreover, there are a number of factors that affect the growth of the patient lateral transfer market. Some of the key factors include, growing demand for product in hospitals, development and advancement of products, and rise in global geriatric population. Other key growth drivers include technological advancement in patient lateral transfer products, and high or sudden rise in the number of special conditions patient hospitalization. The market is also witnessing restraints, or challenges in its path such as development of other substitutes technologies, alongside stiff competition among existing product manufacturers. Moreover, product recalls, government regulations for reduction of overall healthcare cost and subsequent upswing in bulk purchasing through GPOs (Group Purchasing Organizations) are also restraining the growth of this market.
Patient Lateral Transfer Market: Segmentation
The global Patient Lateral Transfer Market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.
- air-assisted transfer devices
- slide sheets
- transfer accessories
- single patient use
- Ambulatory Surgical Centres
- North America
- Latin America
- East Asia
- South Asia
- Middle East and Africa
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The report also offers a detailed profile of some of the leading players in the global market for patient lateral transfer, which will remain active through 2022. These include companies such as Getinge AB, Airpal, Inc., Stryker Corporation, Sizewise Rentals, LLC, Medline Industries, Inc., EZ Way, Inc., McAuley Medical, Inc., Blue Chip Medical Products, Inc., Hill-Rom Holdings, Inc., and Alimed Inc.