Global Patient Lateral Transfer Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Air-Assisted Lateral Transfer Mattresses - Regular Mattresses, Split-Leg Mattresses and Half Mattresses, Air-Assisted Lateral Transfer Mattresses - Single-Patient Use/Disposable Air-Assisted Mattresses and Reusable Air-Assisted Mattresses, Sliding Sheets and Accessories.

By End User;

Hospitals, Ambulatory Surgical Centers, Long-Term Care Facilities, and Home Care Settings.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn149054179 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Patient Lateral Transfer Market (USD Million), 2020 - 2030

In the year 2023, the Global Patient Lateral Transfer Market was valued at USD 3,302.05 million. The size of this market is expected to increase to USD 6,059.57 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.1%.

The global patient lateral transfer market is experiencing significant growth, driven by increasing awareness of patient safety, advancements in medical technology, and the rising incidence of musculoskeletal disorders among healthcare workers. Lateral transfers, which involve moving patients from one surface to another (e.g., bed to stretcher) without vertical lifting, are crucial in minimizing the risk of injury to both patients and caregivers. As the healthcare industry continues to prioritize safety and efficiency, the demand for advanced lateral transfer solutions is on the rise.

One of the primary factors fueling the growth of the patient lateral transfer market is the heightened focus on preventing healthcare-associated injuries. Musculoskeletal disorders, particularly among nurses and other healthcare providers, are a significant concern due to the physical demands of patient handling. To address this issue, healthcare facilities are increasingly adopting lateral transfer devices, such as slide sheets, air-assisted transfer mattresses, and mechanical lateral transfer devices, which reduce the physical strain on staff and enhance patient comfort and safety.

Technological advancements have also played a pivotal role in the expansion of the patient lateral transfer market. Innovations in material science and design have led to the development of more effective and user-friendly transfer devices. For instance, air-assisted lateral transfer devices use a cushion of air to reduce friction, making it easier to move patients with minimal effort. Additionally, the integration of smart technologies, such as sensors and automated systems, has further improved the efficiency and safety of patient transfers, driving market growth.

The global patient lateral transfer market is poised for continued expansion as healthcare systems worldwide recognize the importance of investing in safe patient handling solutions. Increasing government regulations and guidelines aimed at reducing healthcare worker injuries, coupled with the growing aging population requiring frequent medical care, are expected to sustain the demand for advanced lateral transfer devices. As a result, the market is projected to witness substantial growth in the coming years, offering numerous opportunities for manufacturers and healthcare providers alike.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Patient Lateral Transfer Market Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing focus on patient safety
        2. Increasing prevalence of obesity
        3. Rising geriatric population globally
        4. Technological advancements in transfer devices
        5. Healthcare infrastructure development
      2. Restraints
        1. High cost of equipment
        2. Lack of awareness among professionals
        3. Limited reimbursement policies
        4. Equipment maintenance challenges
        5. Complexity of device usage
      3. Opportunities
        1. Emerging markets expansion
        2. Innovations in transfer technologies
        3. Government initiatives and funding
        4. Training programs for caregivers
        5. Integration with smart healthcare systems
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Patient Lateral Transfer Market Market, By Product, 2020 - 2030 (USD Million)
      1. Air-Assisted Lateral Transfer Mattresses
        1. Regular Mattresses
        2. Split-Leg Mattresses
        3. Half Mattresses
      2. Air-Assisted Lateral Transfer Mattresses
        1. Single-Patient Use/Disposable Air-Assisted Mattresses
        2. Reusable Air-Assisted Mattresses
      3. Sliding Sheets
      4. Accessories
    2. Global Patient Lateral Transfer Market Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Long-Term Care Facilities
      4. Home Care Settings
    3. Global Patient Lateral Transfer Market Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Stryker Corporation
      2. Hill-Rom Holdings, Inc
      3. Arjo
      4. Getinge AB
      5. HoverTech International
      6. EZ Way, Inc
      7. Airpal, Inc
      8. Samarit Medical AG
      9. Handicare Group AB
      10. Patient Positioning Systems LLC
  7. Analyst Views
  8. Future Outlook of the Market