Hospital Stretchers Market Size, Share, Industry Growth Report, 2024-2032

IMARC Group, a leading market research company, has recently releases report titled "Hospital Stretchers Market Report by Product Type (Fixed Hight Stretchers, Adjustable Stretchers, Bariatric Stretchers, and Others), Technology (Motorized Stretchers, Non-Motorized Stretchers), Application (Intra-Hospital, Pediatric Care, Emergency Department, Radiology Department, and Others), and Region 2024-2032", Offers a comprehensive analysis of the industry, which comprises insights on the global hospital stretchers market.

How Big Is the Hospital Stretchers Market?

The global hospital stretchers market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

Factors Affecting the Growth of the Hospital Stretchers Industry:

• Technological Advancements:

The hospital stretchers industry is significantly influenced by continuous improvements in medical technology. Innovations such as hydraulic and electrically powered stretchers enhance operational efficiency, allowing for easier maneuverability and adjustment to accommodate patients' needs. These technological enhancements increase the functionality of stretchers and improve patient comfort and safety. As a result, hospitals and medical facilities are increasingly investing in these advanced models to upgrade their existing infrastructure, thereby driving the growth and expansion of the stretcher market enhancing its stature.

• Aging Population:

Globally, the increase in the aging population is a primary driver for the expansion of the hospital stretchers industry. Older adults typically require more medical interventions, which involve the frequent use of stretchers for mobility and patient handling. The growing demographic of elderly individuals boosts the demand for medical services and equipment, including stretchers, to facilitate efficient patient care management in hospitals and other healthcare settings. Furthermore, the rise in chronic conditions and the need for non-invasive procedures among this group amplify the demand for stretchers, enhancing market growth prospects.

• Expansion of Healthcare Infrastructure:

The expansion of healthcare facilities worldwide, particularly in emerging economies, directly correlates with the increased demand for hospital stretchers. New hospitals and medical centers require extensive quantities of medical equipment, including stretchers, to serve growing populations. Moreover, initiatives by governments and private sectors to improve healthcare services and infrastructure contribute to the sustained growth of the stretcher market, as these entities strive to meet the healthcare needs of their communities effectively. Additionally, the rising focus on specialized medical facilities, such as orthopedic and rehabilitation centers, further fuels the demand for advanced stretchers.

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Leading Companies Operating in the Global Hospital Stretchers Industry:

• Advanced Instrumentations Inc.
• Anetic Aid Limited
• Arjo (Carl Bennet AB
• GF Health Products Inc.
• Hill-Rom Holdings Inc.
• Joerns Healthcare LLC
• Mac Medical Inc.
• Medline Industries Inc.
• Narang Medical Limited
• Paramount Bed Co. Ltd.
• Stiegelmeyer GmbH & Co. KG
• Stryker Corporation
• Winco Mfg. LLC (Champion Manufacturing Inc.)

Hospital Stretchers Report Segmentation:

By Product Type:

• Fixed Hight Stretchers
• Adjustable Stretchers
• Bariatric Stretchers
• Others

Bariatric stretchers dominate the market due to the growing prevalence of obesity worldwide, necessitating robust solutions for the safe and comfortable transportation of bariatric patients.

By Technology:

• Motorized Stretchers
• Non-Motorized Stretchers

Motorized stretchers account for the largest market share as they reduce physical strain on healthcare workers and increase efficiency in patient handling, aligning with the healthcare industry's focus on worker safety and operational efficiency.

By Application:

• Intra-Hospital
• Pediatric Care
• Emergency Department
• Radiology Department
• Others

The emergency department represents the largest segment as stretchers are critical in these settings for the rapid transport and treatment of patients requiring immediate medical attention.

Regional Insights:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

North America's dominance in the hospital stretchers market is attributed to well-established healthcare infrastructure, high healthcare expenditure, and stringent regulations ensuring the availability of advanced medical equipment in hospitals and emergency care centers.

Global Hospital Stretchers Market Trends:

The global hospital stretchers market is witnessing significant growth, driven by advancements in medical technologies and the introduction of sophisticated, feature-enhanced stretchers. These innovations are geared toward improving patient comfort, safety, and the ease of mobility, which are pivotal in emergency and routine medical care. An aging global population and increasing surgical procedures are also major factors propelling the market forward.

Additionally, the expansion of healthcare infrastructure, particularly in developing regions, is increasing the demand for hospital stretchers. The trend toward automation and customized solutions in stretchers is further shaping the market dynamics, ensuring steady growth in this sector.

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