Global Stretcher Trolleys Market Overview:
Stretcher trolleys is an apparatus used for moving patients who require medical care. It is also called a gurney, trolley, bed, or cart and it is often equipped with variable height frames, wheels, tracks, or skids. Increasing healthcare spending by various countries is up surging the demand for the stretcher trolley market. Moreover, the outbreak of the COVID-19 is created a huge demand for stretcher trolleys across the globe.
Growth Drivers
- Increasing Incidences of Chronic Diseases and Growing Geriatric Population Globally
- Soaring Road Traffic Accidents and Large Population Base Resulting in Increasing Patient Population
Roadblocks
- High Cost Associated with Specialized Stretchers
Opportunities
- The Growth in the Investments in Healthcare Infrastructural Development in Developing Nations
- Increasing Medical Tourism in the Developing Economies of Asia Pacific Regions
Challenges
- Availability of Substitute and Limited Adoption Rate in Underdeveloped Nations
Competitive Landscape:
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.
Some of the key players profiled in the report are 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). Analyst at AMA Research see United States Players to retain maximum share of Global Stretcher Trolleys market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Stretcher Trolleys market. Considering Market by Frame Material, the sub-segment i.e. Stainless Steel will boost the Stretcher Trolleys market. Considering Market by End User, the sub-segment i.e. Hospitals will boost the Stretcher Trolleys market.
What Can be Explored with the Stretcher Trolleys Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Stretcher Trolleys Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Stretcher Trolleys
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Stretcher Trolleys market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Stretcher Trolleys market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Stretcher Trolleys Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.