U.S. Patient Lifts Market 2019: Invacare Corporation, Hill-Rom Inc., Arjo, Drive Medical amongst top players

A patient lift is a device used for moving patients from one place to another with minimum stress to the caregiver.

The U.S. Patient Lifts market was valued at US$ 71.8 Mn in 2018 and is expected to reach US$ XX Mn by 2026, growing at a high CAGR during the forecast period. In terms of volume, the U.S. Patient lifts market was valued at 39.8 thousand units in 2018 and is expected to reach XX thousand units by the year 2026.

The major factor driving the growth of the U.S. patient lifts market is the rising geriatric and bariatric population. Apart from this, various rules implemented by government authorities to support safe patient handling measures and the growing investment for the development of innovative patient lifting devices are further expected to drive the growth of the U.S. patient lifts market.
The sling lifts segment to dominate the market throughout the forecast period.

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Based on product type, the market has been segmented into sling lifts, sit-to-stand lifts, and others. Sling lifts are generally used for patients who are disabled, weak, bariatric, and who are not able to move due to some kind of injury. There are various types of sling lifts such as floor lifts, free-standing lifts, and ceiling lifts. The sling lifts segment accounted for more than 50% share in the year 2018.

Sit-to-stand lifts, also known as stand-up lifts, are used for lifting and transferring patients who have difficulty in standing up on their own from a sitting position and patients who are able to actively participate in the raising motion. Only patients who can bear some of their weight on their own while in a standing position, can be transferred using these lifts.

Based on power source, the market has been segmented into hydraulic/manual and electric lifts. The electric lifts segment is expected to grow at the highest CAGR during the forecast period. The electric patient lift uses a built-in rechargeable battery in the device for reducing human efforts, and for increasing the efficiency of the device and safety of patients.

The major players operating in the U.S. patient lifts market are Invacare Corporation, Hill-Rom Inc., Arjo (a part of Getinge Group), Drive Medical, and Joerns Healthcare LLC, amongst others.

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A wide variety of patient lifts are available for bedridden or dependent patients, such as sit-to-stand lifts, sling lifts and wheelchair lifts, bath lifts, and others. Patient lifts can be used in hospitals, homes, and other settings.

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