Global PatientLateral Transfer Devices Market, By Product Type (Air Assisted TransferDevice (Regular Mattresses, Split-Leg Mattresses, and Half Mattresses), SlideSheets, and Transfer Accessories), By Material Type (Single Patient Use andReusable), 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 isexpected to exhibit a CAGR of 9.4% over the forecast period (2020-2027), ashighlighted in a new report published by Coherent Market Insights.
Increasing launches of new andadvanced patient lateral transfer devices by market players is expected toboost the market growth over the forecast period. For instance, in March 2017,HoverTech International, a provider of air-assisted safe patient handlingequipment solutions, introduced the Q2Roller Lateral Turning Device designed toeasily turn patients without manual pulling or lifting. The Q2Roller providesan effective solution for caregivers to reposition patients frequently for pressurerelief, hygiene, and wound care.
Furthermore, the increasingprevalence of COVID-19 is anticipated to drive the market growth over theforecast period. According to the According to the World Health Organization,around 604,070 cases of coronavirus disease (COVID-19) were reported on April16, 2020, in the U.S. Such high prevalence of COVID-19 has led to increasedhospitalization which resulted in increased demand of patient lateral transferdevices.
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Browse 27 Market Data Tables and26 Figures spread through 201 Pages and in-depth TOC on “Patient LateralTransfer Devices Market”- Global Forecast to 2027, By Product Type (AirAssisted Transfer Device (Regular Mattresses, Split-leg Mattresses, and HalfMattresses), Slide Sheets, and Transfer Accessories), By Material Type (SinglePatient 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 onstrengthening their geographical footprint and market presence by increasing investmentswhich is expected to drive the market growth over the forecast period. Forinstance, in July 2019, Nordstjernan, a subsidiary of Etac, invested 70% of itsshares in the HoverTech International, in order to enhance its geographicalfootprint in patient transfer devices market. Through this investment,Nordstjernan will strengthen its position as a supplier of patient handlingequipment in the U.S. market.
Key Takeaways of the GlobalPatient Lateral Transfer Devices Market:
The global patient lateraltransfer devices market is expected to exhibit a CAGR of 9.4% over the forecastperiod, owing to increasing prevalence of spinal cord injuries (SCI). Accordingto the National Spinal Cord Injury Statistical Center, 2019, around 17,730 newspinal cord injury (SCI) cases are reported in the U.S. every year.
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Among product type, air assistedtransfer device segment accounted for largest market share in 2019, owing toincreasing technological advancement in patient lateral transfer devices. Forinstance, the Evacuation HoverJack II Device, by HoverTech International, is anair assisted all-in-one transport, lift, and stair evacuation solution. TheEvacuation HoverJack II Device provides an easy and safer access to healthcareworkers in transferring bariatric patients from their home to the hospital.
Among material type, singlepatient use segment accounted for largest market share in 2019, owing toincreasing prevalence of strokes. According to the Global Burden of DiseaseStroke Statistics Worldwide, 2016, around 13.7 million new cases of stroke arereported every year globally.
Key players operating in theglobal 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., McAuleyMedical Inc., Air-Matt, Inc., Blue Chip Medical Products Inc., Scan Medical,and Samarit Medical AG.
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