Patient Lateral Transfer Market

Patient Lateral Transfer Market Outlook (2022 to 2030)

The global patient lateral transfer market size is predicted to surge at 9.2% CAGR and top a market value of USD 2 Billion by the end of 2030, up from USD 995.8 Million in 2022.

Attribute	Details
Patient Lateral Transfer Market Size (2022)	USD 995.8 million
Revenue Forecast (2030)	USD 2 billion
Global Market Growth Rate (2022 to 2030)	9.2% CAGR
North America Market Share	33.2%

Patient lateral transfer solutions currently account for 28.8% share in the global patient positioning accessories market. Increased risk of musculoskeletal injuries to caregivers during manual patient handling, as well as the implementation of rules to reduce manual patient handling, are set to drive demand growth of patient lateral transfer equipment.

How The Market Progressed Till June 2022?

Particulars	Details
H1, 2021	9.40%
H1, 2022 Projected	9.60%
H1, 2022 Outlook	9.30%
BPS Change - H1, 2022 (O) - H1, 2022 (P)	(-) 30 ↓
BPS Change - H1, 2022 (O) - H1, 2021	(-) 10 ↓

The market for patient lateral transfer is subject to changes as per device regulations, compliance to safety standards, and product outreach and adoption rates, as per the macro and industry standards.

The key developments in the market are associated with device/equipment updates, such as the introduction of air powered lateral patient transfer systems.

H1-2022 outlook period in comparison to H1-2022 projected period showed a negative growth in terms of Basis Point Share by 30 BPS. However, In H1-2022, the market growth rate of patient lateral transfer is expected to fall by 10 basis point share (BPS), as per FMI analysis.

The drop in the BPS values for the market are associated with drawbacks of existing products, such as, the product's dimensions, weight capacity, grab points (handles versus extended pull straps) and intended use.

However, with the introduction of motorized as well as automated lateral transfer equipment, the market is expected to witness a positive growth impact towards sales, over the period of the forecasted years.

Patient Lateral Transfer Demand Analysis (2018 to 2021) Vs Market Outlook (2022 to 2030)

The global patient lateral transfer devices market expanded at 8.3% CAGR from 2018 to 2021, as per detailed industry analysis by FMI.

The term "patient lateral transfer" refers to moving a patient in the least stressful way possible. A lateral transfer occurs when a patient is moved from one surface to another, for as from a bed to another bed or from a bed to a medical cart.

Historically, this movement has been done with a small number of staff members, and the majority of the force is often exerted by caregivers moving across the surface to which the patient is being transported. For lateral patient transfers, lateral transfer devices are preferred over the standard draw sheet method.

Use of patient lateral transfer devices is being emphasised by healthcare workers to avoid back injuries caused by hard exertions and uncomfortable postures. Patient lateral transfer devices also help with efficient patient transfers by improving postures while moving partially or completely dependent patients.

Furthermore, home health care is proving to be cost-effective. Another reason for lateral transfer devices is to ensure that patients are transferred efficiently.

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Patient lateral transfer equipment demand is predicted to expand at a CAGR of 9.2% from 2022 to 2030, with the global market expected to top a valuation of USD 2 Billion by 2030.

What is Fuelling Demand for Patient Lateral Transfer Devices?

Increasing Senior Population & Rising Need for Automated Handling Driving Demand for Patient Lateral Transfer Devices

Healthcare personnel are emphasising the usage of patient transfer equipment to reduce back injuries caused by strenuous exertion and awkward postures.

Patient lateral transfer devices also aid in efficient patient transfer by improving postures while moving partially or wholly dependent patients, which is a major reason driving demand for these devices.

Around the world, various governments are enacting legislation to reduce the length and cost of home healthcare operations. This would eventually increase the market for patient lateral transfer equipment in the home healthcare sector.

The ageing population and rising prevalence of chronic illnesses have resulted in patients staying in hospitals for longer periods, which may increase demand for patient lateral transfer devices over the forecast period, as they assist patients in transferring from their beds for any urgent medical purposes.

What Challenges Do Suppliers of Patient Lateral Transfer Devices Face?

High Administrative Cost & Presence of Unskilled Medical Professionals to Affect Sales of Patient Lateral Transfer Devices

Effective training programmes must be implemented to increase awareness about safe patient handling and enable caregivers to appropriately handle transfer equipment. Due to a lack of training, caregivers or patients may experience injuries during patient handling operations.

Furthermore, if caregivers do not receive adequate training, they prefer manual handling processes and find patient handling equipment unpleasant.

Furthermore, the cost of health and medical treatment is expensive due to high administrative costs and capital investments, which are expected to limit sales of patient positioning devices to some extent.

Which Regional Market Will Be Most Rewarding for Manufacturers of Patient Lateral Transfer Devices?

North America Leads Market Due to Increasing Cases of Musculoskeletal Disorders

North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA) are all included in this patient lateral transfer market report.

In 2022, the patient lateral transfer market in North America is expected to account for roughly 33.2% of the global market share. Patient positioning devices are expected to generate a lot of income in North America.

Most hospitals in North America have adopted several patient lateral transfer tools, making it easier to move patients, as the number of caregivers suffering from musculoskeletal disorders (MSDs) has increased.

Europe is the second-largest market for patient lateral transfer equipment producers, after North America. Europe is estimated to account for 28.1% of the global market share in 2022.

Rising sales of air-assisted patient transfer devices in Germany, increasing demand for air-assisted lateral transfer mattresses in France, and growing demand for split-leg air-assisted lateral transfer mattresses in Spain are all contributing to the growth of the Europe patient lateral transfer devices global market.

Due to increased initiatives to promote awareness by various governments, rise in medical tourism, growing research activities, availability of massive untapped markets, large population pool, availability of well-established infrastructure, presence of key market players, and growing demand for quality healthcare, the Asia Pacific market is expected to see significant growth.

At present, the Asia Pacific patient lateral transfer market is estimated to account for around 24.6% of the global market share.

By 2022, the market for patient lateral transfer in Latin America will account for 6.9% of the global market share. Latin America and the Middle East & Africa are likely to see a rise in market share. MEA is expected to account for 7.3% of the global market share (2022).

Country-wise Analysis

How Big is Market for Patient Lateral Transfer Devices in the United States?

Increasing Cases of Obesity Aiding Patient Lateral Transfer Device Demand in the USA

During the projected period, the market for patient lateral transfer devices in the United States is expected to grow at a strong CAGR. According to the Centers for Disease Control and Prevention, prevalence of obesity among those aged 20 and up has increased dramatically in the USA

At 36.2 %, the USA has the world's 12th highest obesity rate. Obesity rates vary dramatically per state, ranging from 23% to 38.10%. The same dietary, environmental, and cultural factors that cause variations are liable for this.

Obesity is rising in the United States, with rates increasing substantially over the last three decades. Obese and overweight people are more likely to have serious chronic illnesses that require admission to a medical facility as the condition worsens.

Because transporting patients laterally is challenging, this factor is expected to increase demand for patient lateral transfer devices and provide opportunities for patient lateral transfer product makers in the United States.

How Profitable is the Market for Patient Lateral Transfer Systems in China?

Increasing Geriatric Population Driving Sales of Patient Lateral Transfer Devices

Patient lateral transfer devices are in high demand in China due to the country's significant geriatric population. Because of a well-developed healthcare infrastructure, increased investments by leading companies, and an increase in the senior population, China's industry is predicted to grow rapidly.

Growing awareness of the benefits of safe patient care, as well as the presence of significant producers of sliding sheets, are projected to drive demand for sliding sheets in China.

Category-wise Analysis

Why are Air-assisted Patient Lateral Transfer Products So Popular?

Effective Results for Musculoskeletal Disorder Driving Sales of Air-assisted Patient Lateral Transfer Devices

Air-assisted transfer devices are projected to be the top-selling product in the global market among the many patient lateral transfer devices available. Over the projected period, sales of air-assisted patient transfer devices are expected to increase rapidly.

The advantages of air-assisted lateral transfer devices in resolving persistent challenges and decreasing the risk of musculoskeletal disorders in caregivers are significantly driving demand for split-leg air-assisted lateral transfer mattresses and disposable air-assisted lateral transfer mattresses. These attachments include air supply units, trolleys, stands, and transfer mat covers, to name a few.

The market is expanding due to the rising acceptance of air-assisted lateral transfer devices for overcoming chronic difficulties while dealing with patients with specific conditions, as well as the presence of leading producers of reusable air-assisted lateral transfer mattresses.

Competitive Landscape

In the patient lateral transfer sector, many top players compete with both, global and established local businesses. Top companies in the patient lateral transfer market are also developing and introducing new products and technologies to compete with existing items, while others are acquiring and cooperating with other industry-leading organisations.

The Centers for Medicare and Medicaid Services (CMS) has taken steps to incentivize healthcare providers that save hospitalisation costs. CMS is advocating for nursing homes and home healthcare to be included in this programme because they can provide high-quality care at cheaper costs (as compared to the cost of hospitalization).

Patient Lateral Transfer Industry Report Scope

Attribute	Details
Forecast Period	2022 to 2030
Historical Data Available for	2018 to 2021
Market Analysis	USD Million for Value
Key Regions Covered	North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA)
Key Countries Covered	United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Australia, New Zealand, Turkey, South Africa, and GCC Countries
Key Market Segments Covered	Product, Usage, End Use, Region
Key Companies Profiled	McAuley Medical, Inc.; Patient Positioning Systems LLC; HoverTech International; Stryker Corporation (Sage Products LLC); Getinge AB (ArjoHuntleigh); EZ Way; Airpal, Inc.; Arjo; Medline Industries; Haines Medical Australia; Sizewise; Prism Medical
Pricing	Available upon Request

Key Segments of Patient Lateral Transfer Industry Survey

By Product:

• Air-assisted Transfer Devices
• Slide Sheets
• Transfer Accessories

By Usage:

• Single Patient Use
• Reusable

By End Use:

• Hospitals
• Clinics
• Ambulatory Surgical Centres

By Region:

• North America Patient Lateral Transfer Market
• Latin America Patient Lateral Transfer Market
• Europe Patient Lateral Transfer Market
• East Asia Patient Lateral Transfer Market
• South Asia & Pacific Patient Lateral Transfer Market
• Middle East & Africa (MEA) Patient Lateral Transfer Market

Frequently Asked Questions

What is the current patient lateral transfer market size?

The global patient lateral transfer market is currently valued at around USD 995.8 Million, and is predicted to top USD 2 Billion by 2030.

What is the estimated growth rate of the global patient lateral transfer market?

The global market for patient lateral transfer systems is estimated to expand at a CAGR of 9.2% through 2030.

What is the most significant aspect that will have a positive impact on the demand for patient lateral transfer devices?

An important trend driving the sales of patient lateral transfer equipment is caregivers' and healthcare institutions' concerns about injuries caused by manual patient handling.

Who are the leading manufacturers of patient lateral transfer devices in this market?

Airpal Inc., Getinge AB, Stryker Corporation, Medline Industries Inc., and McAuley Medical Inc. are major companies manufacturing patient lateral transfer products.

Which are the top nations where patient lateral transfer device sales are high?

Most demand for patient lateral transfer systems is expected to come from the United States, China, United Kingdom, Germany, and France.

Which is the largest market for patient lateral transfer?

The North American region is the largest market for patient lateral transfer devices.