Europe Patient Lateral Transfer Devices Market to Grow at a Significant Rate During the Forecast Period
Growing prevalence of COVID-19 is influencing the Europe Patient Lateral Transfer Devices Market growth positively.
According to TechSci Research report, “Europe Patient Lateral Transfer Devices Market By Product Type (Air Assisted Transfer Mattress, Sliding Sheets, Lateral Transfer Accessories), By Usage (Reusable v/s Disposable), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Country, Competition Forecast & Opportunities, 2026”, the Europe patient lateral transfer devices market is expected to show a consistent growth in the next five years. The market growth can be attributed to the increasing advantages of these medical devices and other accessories along with the surge in demand for the handling of the patient, that are unable to move, as manual handling may lead to damage causing issues to the patient as well as the care givers trying to handle the patients. Moreover, these patient lateral transfer devices are effective on the basis of cost as well as they reduce friction multiple folds therefore, they are in demand. Furthermore, healthcare system is experiencing an inclination towards homecare facilities for the patient care which is expected to gain the traction in the Europe patient lateral transfer device market in the future five years.
Other factors include longer life expectancy, growing aging population, and rising incidences of chronic diseases along with the home healthcare services improving patient experiences at a lower cost.
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Europe patient lateral transfer devices market is segmented by product type, usage, end user, competitional landscape, and country distribution of the market. Based on usage the market is further fragmented into reusable and disposable patient lateral transfer devices. Reusable patient lateral transfer devices are anticipated to hold the largest market share since they are more cost-efficient option that is viable for the patients with lower disposable income. Although the cost efficiency is a big advantage due to which disposable patient lateral transfer devices are expected to show the fastest growth in the next five years. The recent outbreak of the COVID-19 has rendered the whole healthcare industry across the Europe struggling. The disease demands the use of disposable medical devices to keep the infection to minimum.
Based on end user the market is divided majorly between hospitals & clinics and ambulatory care centers. Due to increased demand for patient lateral transfer devices in ambulatory care centers, this segment is expected to hold the fastest growing market share in the future five years. Although, hospitals & clinics holds the largest share of the market owing to the number of patients that is increasing. Moreover, increasing instances of complete or partial body damage renders the patients helpless, who cannot be accommodated in the hospitals for the rest of their lives thus the transfer procedure becomes necessary and thus driving the market growth in the future five years.
Some of the major competitors in the market are Stryker Corporation, Hill-Rom Europe BV, Arjo Med AB Ltd., Handicare AB, Etac AB, Samarit Medical AG, Prism Medical UK, Malvestio, Joh. Stiegelmeyer & Co. GmbH, Antano Group SRL, among others. The companies are focusing on extensive research and developments activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships.
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“Switzerland can be held as a promising land for the market growth in the upcoming five years. The market is expected to experience a boom in its growth due to excellent healthcare industry in the country. In fact, the country has been termed as the one of the best healthcare facilities in the world in the year 2021. Moreover, the better healthcare facility also signifies that governmental aids may also facilitate the market growth in the future five years. Furthermore, the country is also experiencing the in home care of the outpatient rising in number due to disposable income increasing among the population. Consumers are inclined towards continuing the treatment at home and this has created a surge in demand for the patient lateral transfer devices, which is expected to continue in the upcoming five years thus supporting the growth of the Europe patient lateral transfer devices market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Europe Patient Lateral Transfer Devices By Product Type (Air Assisted Transfer Mattress, Sliding Sheets, Lateral Transfer Accessories), By Usage (Reusable v/s Disposable), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Country, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of Europe Patient Lateral Transfer Devices and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Europe Patient Lateral Transfer Devices.
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