As per latest industry analysis published by Fact.MR, the global patient lateral transfer devices market was valued at around US$ 260 Mn in 2020. Patient lateral transfer devices accounted for close to 1% of the overall hospital devices market in 2020.
| Patient Lateral Transfer Devices Market Size Value in 2020 | US$ 260 Mn |
| Sales Forecast for Patient Lateral Transfer Devices by 2031 | US$ 500 Mn |
| Global Market Growth Rate (2021 to 2031) | CAGR 7% |
| Share of Top 5 Patient Lateral Transfer Device Manufacturers | 50% |
The Demand analysis of Patient Lateral Transfer Devices Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Patient Lateral Transfer Devices Market across the globe.
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Sales of patient lateral transfer and repositioning devices are expected to accelerate at a CAGR of 7% to top a valuation US$ 500 Mn by 2031. Demand for air-assisted lateral transfer devices is high and is set to increase at a CAGR of 6% across the assessment period of 2021 to 2031.
Key Segments Covered in Patient Lateral Transfer Devices Industry Research
- Product
- Air-Assisted Patient Lateral Transfer Devices
- Regular Air-assisted Patient Lateral Transfer Mattresses
- Split-leg Air-assisted Patient Lateral Transfer Mattresses
- Half Air-assisted Patient Lateral Transfer Mattresses
- Reusable Air-assisted Patient Lateral Transfer Mattresses
- Disposable Air-assisted Patient Lateral Transfer Mattresses
- Slide Sheets
- Transfer Accessories
- Air-Assisted Patient Lateral Transfer Devices
- Usage
- Reusable Patient Lateral Transfer Products
- Single-use Patient Lateral Transfer Products
- End User
- Patient Lateral Transfer Devices for Hospitals
- Patient Lateral Transfer Devices for Ambulatory surgical Centers
- Others
A comprehensive estimate of the Patient Lateral Transfer Devices market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Patient Lateral Transfer Devices during the forecast period. Price point comparison by region with the global average price is also considered in the study.
The Market survey of Patient Lateral Transfer Devices offers a comprehensive analysis of diverse features, including production capacities analysis of Patient Lateral Transfer Devices, demand, product developments, revenue generation, and Size of Patient Lateral Transfer Devices Market across the globe.
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Some Notable Offerings by Fact.MR Report on Patient Lateral Transfer Devices market:
- MR will provide you an analysis of the extent to which this Patient Lateral Transfer Devices market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
- MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
- Also, this report will help you to identify any trends to forecast growth rates.
- The analyzed report will forecast the general tendency for supply and demand.
Some of the Patient Lateral Transfer Devices Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:
- Details regarding latest innovations and development in Patient Lateral Transfer Devices and how it is gaining customer traction during the forecast period.
- Analysis about the customer demand of the products and how it is likely to evolve in coming years.
- Latest regulations enforced by government bodies and local agencies and their impact on Demand of Patient Lateral Transfer Devices Market .
- Insights about adoption of new technologies and its influence on the Patient Lateral Transfer Devices market Size.
- Overview of the impact of COVID-19 on Patient Lateral Transfer Devices Market and economic disruptions caused by the pandemic.
- Evaluates post-pandemic impact on the Sales of Patient Lateral Transfer Devices Market during the forecast period.
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Technological Innovation in Medical Devices Revolutionizing the Healthcare System
The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.
The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.
With the onset of COVID-19 pandemic the sales of Patient Lateral Transfer Devices witnessed a huge upsurge and the trend is likely to continue in the future.
Patient Lateral Transfer Devices manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.
After reading the Market insights of Patient Lateral Transfer Devices Report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
- Analyze key regions holding significant share of total Patient Lateral Transfer Devices market revenue.
- Study the growth outlook of Patient Lateral Transfer Devices market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use & supply side analysis of Patient Lateral Transfer Devices market.
- Investigate the recent R&D projects performed by each market player & competitive analysis of Patient Lateral Transfer Devices Market Players.
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How Fact.MR Assists in Making Strategic Moves For Patient Lateral Transfer Devices Market Manufacturer?
- The data provided in the Patient Lateral Transfer Devices market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
- The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.
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