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Global Patient Lateral Transfer Devices Market, By Product Type (Air Assisted Transfer Device (Regular Mattresses, Split-Leg Mattresses, and Half Mattresses), Slide Sheets, and Transfer Accessories), By Material Type (Single Patient 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), is estimated to be valued at US$ 266.18 million in 2020 and is expected to exhibit a CAGR of 9.4% over the forecast period (2020-2027), as highlighted in a new report published by Coherent Market Insights.

Increasing launches of new and advanced patient lateral transfer devices by market players is expected to boost the market growth over the forecast period. For instance, in March 2017, HoverTech International, a provider of air-assisted safe patient handling equipment solutions, introduced the Q2Roller Lateral Turning Device designed to easily turn patients without manual pulling or lifting. The Q2Roller provides an effective solution for caregivers to reposition patients frequently for pressure relief, hygiene, and wound care.

Furthermore, the increasing prevalence of COVID-19 is anticipated to drive the market growth over the forecast period. According to the According to the World Health Organization, around 604,070 cases of coronavirus disease (COVID-19) were reported on April 16, 2020, in the U.S. Such high prevalence of COVID-19 has led to increased hospitalization which resulted in increased demand of patient lateral transfer devices.

Browse 27 Market Data Tables and 26 Figures spread through 201 Pages and in-depth TOC on “Patient Lateral Transfer Devices Market”- Global Forecast to 2027, By Product Type (Air Assisted Transfer Device (Regular Mattresses, Split-leg Mattresses, and Half Mattresses), Slide Sheets, and Transfer Accessories), By Material Type (Single Patient 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).

To know the latest trends and insights prevalent in the global patient lateral transfer devices market, click the link below:

https://www.coherentmarketinsights.com/market-insight/patient-lateral-transfer-devices-market-3840

Market players are focusing on strengthening their geographical footprint and market presence by increasing investments which is expected to drive the market growth over the forecast period. For instance, in July 2019, Nordstjernan, a subsidiary of Etac, invested 70% of its shares in the HoverTech International, in order to enhance its geographical footprint in patient transfer devices market. Through this investment, Nordstjernan will strengthen its position as a supplier of patient handling equipment in the U.S. market.

Key Takeaways of the Global Patient Lateral Transfer Devices Market:

  • The global patient lateral transfer devices market is expected to exhibit a CAGR of 9.4% over the forecast period, owing to increasing prevalence of spinal cord injuries (SCI). According to the National Spinal Cord Injury Statistical Center, 2019, around 17,730 new spinal cord injury (SCI) cases are reported in the U.S. every year.
  • Among product type, air assisted transfer device segment accounted for largest market share in 2019, owing to increasing technological advancement in patient lateral transfer devices. For instance, the Evacuation HoverJack II Device, by HoverTech International, is an air assisted all-in-one transport, lift, and stair evacuation solution. The Evacuation HoverJack II Device provides an easy and safer access to healthcare workers in transferring bariatric patients from their home to the hospital.
  • Among material type, single patient use segment accounted for largest market share in 2019, owing to increasing prevalence of strokes. According to the Global Burden of Disease Stroke Statistics Worldwide, 2016, around 13.7 million new cases of stroke are reported every year globally.
  • Key players operating in the global 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., McAuley Medical Inc., Air-Matt, Inc., Blue Chip Medical Products Inc., Scan Medical, and Samarit Medical AG.
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