The new report titled ‘Global Patient Lateral Transfer Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments.
The patient lateral transfer market refers to a range of products and solutions designed to safely and efficiently transfer patients from one location to another within a healthcare facility. The global patient lateral transfer market size was USD 340.0 Million in 2022 and is expected to register a revenue CAGR of 9.0% during the forecast period, according to the latest analysis by Emergen Research. This market is driven by several factors, including the growing demand for patient safety and the increasing prevalence of chronic diseases and disabilities that require frequent transfers.
One of the key drivers of the patient lateral transfer market is the growing demand for patient safety. Healthcare providers are increasingly focused on improving patient outcomes and reducing the risk of injury and infection during patient transfers. As a result, there is a growing demand for innovative products and solutions that can improve the safety and efficiency of patient transfers.
Another driver of the patient lateral transfer market is the increasing prevalence of chronic diseases and disabilities that require frequent transfers. Patients with conditions such as multiple sclerosis or spinal cord injuries may require frequent transfers between a wheelchair and a bed or other medical equipment. These transfers can be difficult and time-consuming for healthcare providers, which has led to an increasing demand for patient transfer solutions that can improve efficiency and reduce the risk of injury.
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Key Points of Patient Lateral Transfer Market:
- Extensive coverage of the analysis of the Patient Lateral Transfer market
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Patient Lateral Transfer market
- Complete data about the key manufacturers and vendors in the Patient Lateral Transfer market
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
The report also talks about the shift in demands and emerging trends that are expected to drive the growth of the market. The rising demand for the Patient Lateral Transfer products is expected to drive the demand for Patient Lateral Transfer, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
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Regional Analysis:
The report sheds light on the region expected to dominate the Patient Lateral Transfer market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Patient Lateral Transfer market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Leading Companies of the Patient Lateral Transfer Industry and Profiled in the Report are:
Arjo, AliMed Inc., BLUE CHIP MEDICAL, STERIS, Etac AB, EZ Way Inc, Haines Medical Australia, Stryker Corporation, Handicare, and Baxter International Inc
Based on Type, the Patient Lateral Transfer Market is segmented into:
Product Type Outlook (Revenue, USD Million; 2019-2032)
- Air-Assisted Lateral Transfer Mattress
- Regular Mattresses
- Split-Leg Mattresses
- Half Mattresses
- Air-Assisted Lateral Transfer Mattress
Usage Outlook (Revenue, USD Million; 2019-2032)
- Reusable Mattresses
- Single-Patient-Use Mattresses
- Sliding Sheets
- Accessories
- Others
End-use Outlook (Revenue, USD Million; 2019-2032)
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Other End-use
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