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The hospital stretchers market has the potential to grow by USD 742.02 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.70%.
This hospital stretchers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (non-motorized stretchers and motorized stretchers), application (fixed-stretchers, adjustable stretchers, bariatric stretchers, radiographic stretchers, and others), and geography (North America, Europe, Asia, and ROW). The hospital stretchers market report also offers information on several market vendors, including Advanced Instrumentations Inc., Anetic Aid Ltd., Arjo AB, Bicakcilar Medical Devices, BMB Medical LLC, Favero Health Projects Spa, Ferno Group Co., Hill-Rom Holdings Inc., Stryker Corp., and Zhangjiagang Braun Industry Co. Ltd. among others.
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The increased incidence of chronic diseases is notably driving the hospital stretchers market growth, although factors such as the high cost of specialized hospital stretchers may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hospital stretchers industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This hospital stretchers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the hospital stretchers market encompasses successful business strategies deployed by the key vendors. The hospital stretchers market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The hospital stretchers market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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37% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for hospital stretchers in North America. Market growth in this region will be faster than the growth of the market in the European and ROW regions.
The advanced healthcare facilities are expected to boost the adoption of advanced healthcare equipment, including advanced electric hospital beds, which, in turn, will facilitate the hospital stretchers market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The hospital stretchers market share growth by the non-motorized stretchers segment will be significant during the forecast period. The demand for non-motorized hospital stretchers is high in some developing and emerging markets, including Eastern Europe, APAC, and Latin America. The presence of a large population base in these markets will drive the global non-motorized stretchers market.
This report provides an accurate prediction of the contribution of all the segments to the growth of the hospital stretchers market size and actionable market insights on post COVID-19 impact on each segment.
Hospital Stretchers Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.70% |
Market growth 2021-2025 |
$ 742.02 million |
Market structure |
Fragmented |
YoY growth (%) |
5.11 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 37% |
Key consumer countries |
US, Germany, Canada, China, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Advanced Instrumentations Inc., Anetic Aid Ltd., Arjo AB, Bicakcilar Medical Devices, BMB Medical LLC, Favero Health Projects Spa, Ferno Group Co., Hill-Rom Holdings Inc., Stryker Corp., and Zhangjiagang Braun Industry Co. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Technology
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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