Increasing Hospitalization and Growing Geriatric Population Are Expected To Majorly Propel Patient Lifting Equipment Demand over the Coming Years

United States, Rockville MD, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Currently, the global patient lifting equipment market accounts for a valuation of US$ 1.5 billion and is predicted to rise at a 7.3% CAGR through 2027. These insights have been listed in the latest report by analysts at Fact.MR, a market research and competitive intelligence provider.

Focus on patient safety has increased exponentially over the past few years and this has resulted in an increased demand for patient lifting equipment in various establishments. The rising geriatric population is also anticipated to favor patient lifting equipment market growth potential over the years to come. Increasing investments in infrastructure development and rising incidence of musculoskeletal injuries are other factors that are positively supplementing market growth.

For Critical Insights on Patient Lifting Equipment Market, Request a Sample Report https://www.factmr.com/connectus/sample?flag=S&rep_id=7566

Patient lifting equipment manufacturers are investing in product development to fast-track product launches and increase their sales potential across regions.

In January 2021, Handicare, a leading provider of accessibility and mobility solutions, announced the launch of its new line of ceiling lifts. AP-Series Portable Ceiling Lifts were launched in North America and enabled caregivers to safely lift patients and ensure a safe home environment for them.

Which Region Exhibits Attractive Opportunities for Patient Lifting Equipment Vendors?

“North America to Remain Lucrative Market for Patient Lifting Equipment Companies”

The North America patient lifting equipment market is anticipated to be the most lucrative one in the global landscape owing to the presence of developed healthcare infrastructure and the rising geriatric population.

Rising number of accidents and people with disabilities in this region are also expected to drive demand for lifting equipment such as patient hoists, electric patient lifts, and medical lift slings across the forecast period. High investments in the healthcare industry by governments and increasing research and development activities are also predicted to favor patient lifting equipment sales in North America.

The market for patient lifting equipment in the Asia Pacific region is expected to witness growth at a high CAGR over the coming years owing to increasing investments to improve healthcare infrastructure and technological advancements in the patient handling equipment industry.

Increasing focus on healthcare in economies such as China, India, and Japan in this region is expected to bolster patient lifting equipment demand over the years to come. The market for patient lifting equipment in China is predicted to increase at an impressive CAGR of around 11% throughout the forecast period.

To learn more about Patient Lifting Equipment Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7566

Key Segments Covered in the Patient Lifting Equipment Industry Survey

Patient lifting equipment providers are concentrating on launching new products to increase their revenue generation capacity and gain a competitive edge over other market players.

In May 2022, Invacare Corporation, a leading name in the patient lifting equipment industry, announced the introduction of an innovative patient lift solution for the United States market. Birdie™ Evo XPLUS is equipped with advanced patient lifting technology to ensure maximum comfort and safety when transferring the patient from the chair, floor, or bed.

In July 2021, AmeriGlide, a leading stair lift manufacturer, announced the launch of AmeriGlide UP Stair Lift. The new stair lift is equipped with innovative features to provide utmost safety while using it.

Get Customization on Patient Lifting Equipment Market Report for Specific Research Solutions https://www.factmr.com/connectus/sample?flag=RC&rep_id=7566

Key players in the Patient Lifting Equipment Market

Key Takeaways from Patient Lifting Equipment Market Study

Sales of patient lifting equipment are expected to increase at a CAGR of 7.3% from 2022 to 2027.

The patient lifting equipment market is anticipated to reach US$ 2.3 billion by 2027.

Increasing incidence of chronic diseases, rising number of elderly people, growing bariatric population, and technological advancements in the patient handling industry are expected to drive market growth.

High costs of patient lifting systems and lack of skilled caregivers are major factors that are constraining patient lifting equipment market growth.

The China patient lifting equipment market is anticipated to expand at an impressive CAGR of 11% from 2022 to 2027.

Check out more studies related to Healthcare Industry, conducted by Fact.MR:

Addiction Treatment Market - Addiction Treatment Market Size, Trend Analysis & Competition Tracking By Treatment Type (Alcohol, Tobacco/Nicotine, Opioid), By Drug Type (Bupropion, Varenicline, Acamprosate, Disulfiram, Naltrexone, Methadone, Buprenorphine) - Global Market Insights 2020 to 2025

Arterial Stents Market - Arterial Stents Market By Product (Coronary Stents, Peripheral Stents), By Application (Coronary Artery, Carotid Artery, Iliac Artery, Femoral & Popliteal Artery), By By Region - Global Market Insights 2020 to 2025

Cardiopulmonary Stress Testing Systems Market - Cardiopulmonary Stress Testing Systems Market By Product Type (Stress ECG, Pulse Oximeters, Single-Photon Emission Computed Tomography), By End-user (Hospitals, Specialty Clinics/Cardiology Clinics, Ambulatory Surgical Centers)- Global Market Insights 2020 to 2025

Contraceptives Market - Contraceptives Market Analysis by Product Type (Contraceptive drugs [Combined Contraceptives, Mini pills, Contraceptive Injectables], Contraceptive Devices [Female Condoms, Contraceptive Diaphragms, Contraceptive Sponges, IUD]), by Distribution Channel - Global Forecast 2020-2025

Genetic Testing Services Market - Genetic Testing Services Market Analysis By Test types (Prenatal Testing, New Born Screening, Predictive and Presymptomatic Testing, Pharmacogenomic Testing), By Service providers (Hospital-based Laboratories, Diagnostic Laboratories, Specialty Clinics) & Regional Forecast 2020-2025

Fluid Management Market - Fluid Management Market By Product (Infusion Therapy Systems, Renal Systems), By Application (Urology, Cardiology, Orthopedic/Osteology, Neurology, Oncology, Gastroenterology), By End-users, By Regions - Global Market Insights 2020 - 2025

Immunoassay Market - Immunoassay Market Analysis by Technology Type (Chemiluminescence Immunoassay (CLIA), Enzyme-linked Immunosorbent Assay (ELISA), Radioimmunoassay (RIA)), by Product Type (Analyzer, Consumables), by Application Type, by End-User - Global Forecast 2022-2032

Helicobacter Pylori (H-Pylori) Non-Invasive Testing Market - Helicobacter Pylori (H-Pylori) Non-Invasive Testing Market Analysis, By Non-invasive Test Type (Serology Test, Stool Antigen Test, Urea Breath Test), By Test Type (Laboratory-based Tests, Point-of-Care Tests), By End-user (Hospitals, Diagnostic Labs, Clinics) - Global Market Insights 2020 to 2026

High-flow Nasal Cannula Market - High-flow Nasal Cannula Market Analysis Report By Component (Air/Oxygen Blend, Air Humidifier, Single Heated Tube, Nasal Cannula), By Application (Acute Respiratory Failure, Bronchiectasis, Sleep Apnea), By End-user, By Region - Global Insights to 2025

Orthopedic Devices Market - Orthopedic Devices Market Analysis By Product (Joint Reconstruction, Knee Replacement, Spinal Devices, Trauma Fixation, Orthopedic Prosthetics, Orthopedic Braces and Support, Orthopedic Accessories), By End-User, By Region - Global Insights to 2026

About Us: Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact: Mahendra Singh US Sales Office: 11140 Rockville Pike Suite 400 Rockville, MD 20852 Email: sales@factmr.com Tel: +1 (628) 251-1583 Follow Us: LinkedIn | Twitter

Costco has famously been a good place to work. Costco has more than 13,000 ratings on the website, with 80% of employees recommending working at Costco. Over 2254 reviews even stated that they "love Costco because they provide you with a living wage and great benefits even working part time."

The monkeypox outbreak has sent the drugmaker's stock up more than 200% this year, though the company’s monkeypox antiviral remains hard to access in the U.S.

Rising tensions between the US and China over Taiwan threaten to trigger significant shortages of electronics such as mobile phones, one of the world’s largest chip companies has warned.

Vertex Pharmaceuticals' shares have soared 24% year to date despite the macroeconomic headwinds in its way. The biotech owes that in part to its dominance in the market for drugs that treat the underlying causes of cystic fibrosis (CF), an area in which Vertex is the only game in town. Revenue and earnings continue to grow for Vertex thanks to its CF franchise.

GE has some impressive history, and current technology, on display at its research center in upstate New York.

The rebound in Ford's U.S. deliveries should give investors more confidence in the underlying demand environment.

The popularity of Wendy's Biggie Bag is rising as are prices on everything -- except the Biggie Bag. The choices to toss in the bag are a Jr. Cheeseburger, Crispy Chicken BLT, or a Double Stack. The Biggie Bag still includes a 4-piece chicken nugget, small fries, and a small drink.

(Bloomberg) -- Oil shook off an early slump at the week’s open to trade higher as investors weighed up prospects for demand ahead of a barrage of intelligence from leading energy players on the market outlook.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedWinners and Losers in Democrats’ Signature Tax and Energy BillUS In

"With our manufacturing capacity nearing saturation, this acquisition is timely and a win-win for all stakeholders," Tata Motors said in a statement. Ford had less than 2% of the Indian passenger vehicle market when it stopped production in the country last year, having struggled for more than two decades to generate profits.

Cracker Barrel isn't a household name for many, but for others it is their mainstay when it comes to good ol' country home cookin'. Cracker Barrel customer's base has voiced their opinion, and they not only don't want to try the new plant-based sausage, but they don't want anyone to. Cracker Barrel is known for its old-fashioned home cooking and the menu shows it -- the breakfast classic combinations are called "Old Timer's Breakfast," "Grandpa's Country Fried Breakfast," and the "Cracker Barrel's Country Boy Breakfast."

The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also talk of a “game changing” AV/VR headset and even of an Apple Car at some point. But Needham analyst Laura Martin thinks there’s also the prospect of another big revenue stream. “We believe AAPL is in the early stages of building a new mobile advertising platform,” says Martin, who thinks ad revenue

This is the second part of our article titled 10 Best Technology Stocks to Buy Now. We discussed why technology sector is the best place to look for long-term winners as well as how we determined the best stocks within this sector in the first part. You can read the first part of this article […]

Pipeline projects aimed at sequestering heat-trapping gases are meeting opposition from landowners and environmentalists—similar to the opposition faced by fossil-fuel pipelines.

SINGAPORE (Reuters) -Oil prices edged up from multi-month lows on Monday as investors' appetite improved following data on U.S. jobs and Chinese exports that eased recession concerns. Brent crude futures had risen 22 cents, or 0.2%, to $95.14 a barrel by 0439 GMT. Both contracts settled higher on Friday after jobs growth in the United States, the world's top oil consumer, unexpectedly accelerated in July.

Want to learn how to retire with $5 million? Here are a few things you can do to stretch your nest egg over the course of your retirement.

Photo Illustration by The Daily Beast/GettyA wave of COVID infections caused by the BA.5 subvariant has crested. All over the world, daily new cases, hospitalizations and deaths are going down.But the SARS-CoV-2 virus is almost certainly here to stay. Another wave is all but inevitable as new variants and subvariants mutate, compete for dominance and find new transmission pathways.How fast that wave comes, and how bad it gets, probably comes down to a genetic competition between different mutati

(Bloomberg) -- China’s surprisingly strong export growth in July lifted its trade surplus to another record and provided some much-needed economic support, but the country will still have to find ways to keep its fragile recovery on track as the global economy slows this year.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment Approve

Ladies and gentlemen, thank you for standing by, and welcome to the Aldeyra Therapeutics second quarter 2022 financial results conference call. With me today is Dr. Todd Brady, our president and chief executive officer. Please note that this morning's conference call contains forward-looking statements regarding future events and the future performance of Aldeyra.

Kathaleen McCormick, a football-coach’s daughter who quotes Knute Rockne, has ordered buyers with cold feet to close deals.

Around one in five vaccinated Britons with Omicron or Delta strain experienced diarrhoea as a symptom