Hospital Stretchers Market: size was valued at US$ 2 Bn. in 2022 and the total revenue is expected to grow at CAGR 5.8 % through 2023 to 2029, reaching nearly US$ 2.98 Bn.
Hospital Stretchers Market Overview:
A market analysis on Hospital Stretchers was released by Maximise Market Research (MMR). Drawing from primary and secondary sources, the research presents a thorough overview of the Hospital Stretchers market. As an investor’s guide, it offers a thorough study of the market’s size and share in every area and category.
Hospital Stretchers Market Dynamics:
The primary driver of market expansion is the rising prevalence of chronic illnesses like cancer, respiratory disorders, cardiovascular disease, and other autoimmune diseases worldwide. One of the most common diseases in the world is heart disease. In addition, there is a growing need for hospital stretchers due to the increased incidence of cancer. For instance, predictions from the International Agency for Research on Cancer (IARC) (reported in GLOBOCAN 2021) show that the number of cases and deaths from cancer will rise to 19.3 million in 2021. The market for hospital stretchers is expected to develop due in large part to the rise in chronic diseases.
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Hospital Stretchers Market Report Scope and Research Methodology:
The report provides an in-depth analysis of the Hospital Stretchers Market at the global, regional, and country levels. It also provides a comprehensive analysis of the competitive landscape of the Property Management industry, including the business strategies adopted by the key players. The report includes a list of Property Management key competitors, along with their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Property Management industry. Detailed information on the Hospital Stretchers Market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report. The bottom-up approach was used to estimate the global and regional Hospital Stretchers Market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Property Management, with information on raw materials, customers, and distributors. Additionally, the report includes PORTER, PESTLE analysis, and market attractiveness, which help to understand the Hospital Stretchers Market at both macro and micro levels.
Hospital Stretchers Market Regional Insights:
Geographically, the report is segmented into several key countries, including:
North America: the United States, Canada, and Mexico
Europe: the United Kingdom, Germany, France, Spain, Italy, and the rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN countries, and the rest of Asia Pacific
South America: Brazil
Middle East and Africa
Hospital Stretchers Market Segmentation:
by Product
Fixed height
Bariatric
Adjustable Height
Radiographic
The hospital stretchers market is divided into four segments based on the kind of product: fixed height, bariatric, adjustable height, and radiographic. The market is dominated by the bariatric sector, which in 2021 had the biggest market share of 37.6%. Large frame, outer wheel, winch attachment, pull and push handle and easily movable wheels are all included in the bariatric stretcher for transportation. The second-largest section in this market is the adjustable height segment.
by Application
Daycare/Inpatient
Surgery
Emergency/Trauma
Ambulatory/Transport
The hospital stretchers market is divided into four segments based on the application: daycare/inpatient, surgery, emergency/trauma, and ambulatory/transport. In 2021, the Emergency/Trauma sector accounted for 32.9% of the total market share. The increase in emergency trauma cases and traffic accidents is blamed for the segment’s growth. Eurostat estimates that the number of people died in traffic accidents in the EU in 2021 will be 51.2 per million people. Over the course of the projected period, the ambulatory/transport category is expected to increase at the quickest CAGR. Around the world, emergency service centres are the main users of this. During an emergency, this stretcher is more frequently used and favoured.
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Hospital Stretchers Market Key Players:
1. Hill-Rom Holdings
2. Stryker
3. Mac Medical
4. TransMotion Medical Inc.
5. Fu Shun Hsing Technology
6. Narang Medical Limited
7. ROYAX
8. Advanced Instrumentations
9. North Star Imaging Inc
10. SCANCO Medical AG
11. Canon Medical Systems Corporation)
12. Hitachi Ltd.
13. Koninklijke Philips N.V.
14. NeuroLogica Corporation
15. Neusoft Medical Systems Co., Ltd.
16. Shenzhen Anke High-tech Co., Ltd.
17. Siemens Healthineers
18. TESCAN
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Key Questions answered in the Hospital Stretchers Market Report are:
- What is the expected Hospital Stretchers Market size by 2029?
- What will be the CAGR of the Hospital Stretchers Market during the forecast period?
- What are the Hospital Stretchers Market segments?
- Which segment held the largest share in the Hospital Stretchers Market?
- How is the competitive scenario of the Hospital Stretchers Market?
- Which are the key factors driving the Hospital Stretchers Market growth?
- What are the key factors restraining the Hospital Stretchers Market?
- Which region holds the maximum share in the Hospital Stretchers Market?
- Who are the key players in the Property Management industry?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast |2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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