About Hospital Stretcher
Hospital stretchers, an apparatus which is used for transport patients safely within or outside a healthcare centre. These are basically utilized in emergency cases including rescue services during accidents and in general medical services. The increasing demand for stretchers that are technically advanced and increasing surgical procedures is predicted to drive the hospital stretchers market globally.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hospital Stretcher market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Anetic Aid Limited (United Kingdom), TransMotion Medical Inc. (United States), Gendron Inc. (United States), Medline Industries, Inc. (United States), Stryker Corporation (United States), Hill Rom Holdings, Inc. (United States), M.T. Medical Technology S.r.l. (Italy), Fu Shun Hsing Technology Co. Ltd. (Taiwan), Spencer Italia S.r.l. (Italy), GF Health Products Ltd. (United States), ArjoHuntleigh Inc. (United States) and Mac Medical, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hospital Stretcher market by Type (Fixed-height, Bariatric, Adjustable and Radiographic Stretchers), Application (Intra-Hospital, Emergency Department, Day Care Surgery Department, Pediatric Surgery Department and Others) and Region.
On the basis of geography, the market of Hospital Stretcher has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology Type, the sub-segment i.e. Motorized will boost the Hospital Stretcher market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of Technologically Advanced Stretchers and Increasing Surgical Procedure
Market Growth Drivers:
Increasing Incidences of Chronic Diseases and Growing Geriatric Population Globally and Soaring Road Traffic Accidents and Large Population Base Resulting in Increasing Patient Population
Challenges:
Availability of Substitute and Limited Adoption Rate in Underdeveloped Nations
Restraints:
High Cost Associated with Specialized Stretchers
Opportunities:
The Growth in the Investments in Healthcare Infrastructural Development in Developing Nations and Increasing Medical Tourism in the Developing Economies of Asia Pacific Regions
Market Leaders and their expansionary development strategies
On 23 Feb 2022 Stryker announced that it has completed the previously announced acquisition of Vocera Communications, Inc.“This acquisition provides significant opportunities to advance innovations and accelerate digital aspirations,” said Kevin Lobo, Chair and Chief Executive Officer, Stryker. Vocera team to Stryker and look forward to working together to enable safer patient care and help customers improve outcomes.
In September 2023, Stryker one of the world’s leading medical technology companies, introduced Prime Connect—the first smart, connected hospital stretcher designed to support fall prevention protocols from anywhere in a facility—at the Emergency Nursing 2023 event in San Diego,
Key Target Audience
Hospital Stretcher Manufacturers, Raw Material Suppliers/Distributors, Technology Providers, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.