Lateral Patient Transfer Market Size to Grow by USD 704.68 Million During 2021-2026, Rising Aging Population to Drive Market Growth

NEW YORK, August 30, 2022 /PRNewswire/ — According to the latest research report from Technavio on “Lateral patient transfer market“, the market size will register a growth rate of 704.68 million dollars during the years 2021-2026. The main trend of this lateral transfer market is that population aging. The momentum of market growth will accelerate by one CAGR of 22.8%.

The latest market research report titled Lateral Patient Transfer Market by Product and Geography – Forecast and Analysis 2022-2026 has been announced by Technavio, which has proudly partnered with Fortune 500 companies for over 16 years

North America will count 40% of market growth. Main lateral transfer markets in North America are USA and Canada. Compared to markets in Europe AND Asiathe market of this region will grow more slowly.

The growth of the lateral patient transfer market in North America during the forecast period would be assisted by increasing chronic and lifestyle-related diseases, as well as increasing rates of MSDs among health care professionals. Download the sample report.

To compete in the Lateral Patient Transfer industry, vendors are using a variety of organic and inorganic growth techniques. Market sellers should maintain their positions in the slow-growing sectors while focusing more on the growth prospects of the fast-growing segment to take full advantage of this opportunity.

  • Air-Matt Inc.: The company offers Air-Matt transfer mats that are designed to assist with lateral patient transfers and repositioning within the hospital, long-term care facility or home. They come as a disposable or reusable transfer mattress or as a disposable mattress for single patient use (SPU).

  • Arjo AB: The company operates in a single operating segment which provides products for patient transfer, hygiene, disinfection, prevention of pressure injuries and deep vein thrombosis (blood clots), and diagnostics

  • Haines Medical Australia Pty Ltd: The company offers PILOT (Patient Intra-hospital Onboard Transfer System) which is a patient-centered transfer system that eliminates barriers during whole-body angio, CT and MR imaging at any point during the procedure. This new technology ensures that the patient remains stable in the intended treatment position while all imaging tasks are centered around the patient.

  • HoverTech International: The company offers patient transfer boards that are comfortable soft core, free of hard metal rollers and lightweight.

  • Joerns Healthcare LLC: The company offers lateral transfer devices such as the HoverMatt single patient air transfer system, the HoverMatt SPY split leg and the HoverMatt half mat for lateral patient transfer.

Lateral Patient Transfer Market forecast report provides in-depth insights into key vendor profiles and offerings Buy the sample report

The study also analyzes the market segmentation of the Lateral Patient Transfer Market by product and geography in great detail.

of advantages of lateral transfer devices are one of the major drivers driving demand in the lateral patient transfer market. While lifting, moving and transferring patients from beds or stretchers, healthcare professionals and caregivers are prone to back injuries and may experience pain. The use of lateral patient transfer devices, which can reduce or completely eliminate the risk of injury, is being emphasized by health care practitioners and product manufacturers as a way to prevent such accidents. Sample report request.

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Scope of the lateral patient transfer market

Report coverage

The details

Page Number

120

Base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 22.8%

Market growth 2022-2026

704.68 million dollars

Market structure

Fragmented

Annual growth (%)

16.88

Regional analysis

North America, Europe, Asia and Rest of World (ROW)

Making a contribution to the market

North America at 40%

Main customer countries

USA, Canada, Germany, UK and China

Competitive landscape

Leading companies, Competitive strategies, extent of customer engagement

Top companies profiled

Air-Matt Inc., Arjo AB, Bio-x, EZ Way Inc, GBUK Group Ltd, Haines Medical Australia Pty Ltd., Hexomed Systems Pvt. Ltd., HILL ROM HOLDINGS Inc., HoverTech International, Joerns Healthcare LLC, Lateral Medical, McAuley Medical Inc., Medline Industries Inc., Rexyn Ltd., Samarit Medical AG, Sizewise Rentals LLC, St. Johns First Aid Kits Pvt. Ltd., STERIS Plc, Stryker Corp., and Getinge AB

Market dynamics

Parent Market Analysis, Market Growth Drivers and Restraints, Fast Growth and Slow Growth Segment Analysis, Analysis of the Impact and Recovery of COVID-19 and Future Consumer Dynamics, and Market Status Analysis for forecast period.

Customization field

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Browse for Technavio »Health care“Research reports

Table of Contents

1 Executive summary

2 Market landscape

3 Market size

4 Five Forces Analysis

5 Market segmentation by product

6 Customer landscape

7 Geographical landscape

8 Drivers, Challenges and Trends

9 Vendor landscape

10 Seller Analysis

11 Appendix

around us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and a large backlog, covering 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and actionable market knowledge to identify opportunities in existing and potential markets and to assess their competitive positions within changing market scenarios.

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SOURCE Technavio

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