The patient lateral transfer market refers to a range of products and solutions designed to safely and efficiently transfer patients from one location to another within a healthcare facility. The global patient lateral transfer market size was USD 340.0 Million in 2022 and is expected to register a revenue CAGR of 9.0% during the forecast period, according to the latest analysis by Emergen Research. This market is driven by several factors, including the growing demand for patient safety and the increasing prevalence of chronic diseases and disabilities that require frequent transfers.
One of the key drivers of the patient lateral transfer market is the growing demand for patient safety. Healthcare providers are increasingly focused on improving patient outcomes and reducing the risk of injury and infection during patient transfers. As a result, there is a growing demand for innovative products and solutions that can improve the safety and efficiency of patient transfers.
Another driver of the patient lateral transfer market is the increasing prevalence of chronic diseases and disabilities that require frequent transfers. Patients with conditions such as multiple sclerosis or spinal cord injuries may require frequent transfers between a wheelchair and a bed or other medical equipment. These transfers can be difficult and time-consuming for healthcare providers, which has led to an increasing demand for patient transfer solutions that can improve efficiency and reduce the risk of injury.
The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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Competitive Terrain:
The global Patient Lateral Transfer industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Arjo, AliMed Inc., BLUE CHIP MEDICAL, STERIS, Etac AB, EZ Way Inc, Haines Medical Australia, Stryker Corporation, Handicare, and Baxter International Inc
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Additional information offered by the report:
Along with a complete overview of the global Patient Lateral Transfer market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Patient Lateral Transfer market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Air-Assisted Lateral Transfer Mattress
Regular Mattresses
Split-Leg Mattresses
Half Mattresses
Reusable Mattresses
Single-Patient-Use Mattresses
Sliding Sheets
Accessories
Others
Hospitals
Ambulatory Surgical Centers (ASCs)
Other End-use
Radical Highlights of the Patient Lateral Transfer Market Report:
Comprehensive overview of the Patient Lateral Transfer market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Patient Lateral Transfer market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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