Rockville, MD -- (SBWire) -- 02/08/2018 --Performing or carrying out patient lateral transfer is one of the most overlooked activity, however, with the rising number of injuries taking place during transfer is resulting in the increased focus on the patient lateral transfer. Manufacturers are also providing various devices for safe patient handling during the transfer reducing the risk of injury. The devices or products for transfer are also being made using materials that are easy to clean and can be disinfected properly. This Fact.MR report analyzes the expansion of global patient lateral transfer market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
The scope of Fact.MR's report is to analyze the global patient lateral transfer market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global patient lateral transfer market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to patient lateral transfer.
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According to the latest report compiled by Fact.MR, the global market for patient lateral transfer is likely to experience healthy growth. The market is estimated to bring in US$ 288.4 million revenue by 2022 end. The rising risk of injuries to the caregivers while handling patients, implementation of rules and regulations on minimizing manual patient handling at various hospitals are major factors driving the demand for patient lateral transfer devices across the globe.
Air Assisted Transfer Device to Emerge as a Highly Preferred Product
Among various patient lateral transfer devices available in the market, air assisted transfer device is likely to be one of the top selling product in the global patient lateral transfer market. Towards the end of 2022, air assisted transfer device is estimated to bring in nearly US$ 200 million revenue. Although slide sheets as a product for patient lateral transfer are likely to show impressive growth throughout the forecast period.
Reusable Patient Lateral Transfer Products to Gain Highest Revenue Share
Reusable patient lateral transfer products are likely to gain more than three-fourth of the revenue share by 2017 end. Reusable patient lateral transfer products are estimated to bring in more than US$ 200 million revenue towards 2022 end. Meanwhile, single patient use products are likely to experience strong growth from 2017 to 2022.
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North America to Dominate the Global Patient Lateral Transfer Market
With the rise in a number of caregivers suffering from Musculoskeletal Disorders (MSDs), the majority of hospitals in North America have started using various patient lateral transfer products, making it easy to transfer patients. Hence, North America patient lateral transfer market is likely to emerge as the biggest markets in the global patient lateral transfer market. On the other hand, APEJ and Europe are also likely to witness the growth throughout the forecast period.
Competition Tracking
The report also provides a detailed profile of key players that are expected to play a major role in the expansion of global patient lateral transfer market through 2022, which include Airpal, Inc., Getinge AB, Stryker Corporation, Medline Industries, Inc., McAuley Medical, Inc., Sizewise Rentals, LLC, EZ Way, Inc., Alimed Inc., Hill-Rom Holdings, Inc., and Blue Chip Medical Products, Inc.
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Global Patient Lateral Transfer Market Is Estimated to Bring in US $288.4 Million Revenue by 2022 End, New Report Suggests
According to the report by Fact.MR, the global patient lateral transfer market is expected to witness robust growth. The market is projected to increase to 7.0% CAGR during the forecast period 2017-2022.