Bariatric lifts are used for mobility purpose of over weight or obese patients and such lifts are useful in hospitals and home settings is well. The term "bariatrics" refers to the medical treatment of people who are physically obese. The most widely accepted and consistent way for identifying whether or not someone is obese is to calculate their BMI. When a patient's weight exceeds 350 pounds, hospital staff usually initiates bariatric treatments. The key market drivers for bariatric patient lift market are, growing obese and geriatric population across the globe along with increase in prevalence of lifestyle oriented disorders.
MARKET SCOPE
The "Global Bariatric Patient Lifts Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bariatric patient lifts market with detailed market segmentation by type, and application. The report provides key statistics on the market status of the leading bariatric patient lifts market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmented as, hydraulic bariatric lifts, electric bariatric lifts and battery powered bariatric lifts.
- Based on application the market is segmented as, hospital, nursing houses, retirement homes and others.
MARKET DYNAMICS
Drivers:
- Growing obese and geriatric population across the globe is the most prominent market driver for bariatric patient lifts market.
- Increasing prevalence of lifestyle oriented disorders along with growing prevalence of other chronic disorders.
- Rising hospital stays due to prolonged injuries is also act as a significant market driver.
Restraints:
- However, dearth of skilled operators to handle bariatric lifts along with high cost of such lifts are expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The bariatric patient lifts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bariatric patient lifts market in these regions.
IMPACT OF COVID-19 ON BARIATRIC PATIENT LIFTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the bariatric patient lifts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from bariatric patient lifts market are anticipated to lucrative growth opportunities in the future with the rising demand for bariatric patient lifts in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bariatric patient lifts market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Stryker Corporation
- Invacare Corporation
- Arjo
- Hill-Rom Services, Inc
- Handicare
- Vancare
- Joerns Healthcare LLC
- Gainsborough Healthcare Group
- Guldmann
- VITAL MOBILITY MEDICAL SUPPLIES INC.