Published by Infinity Business Insights
Posted on September 29, 2021
3 min readLast updated: February 1, 2026
The Patient Transfer Device market is set to grow significantly, reaching $452.8 billion by 2027, driven by increased healthcare spending and innovations.
The global Patient Transfer Device market is expected to reach US$ 452.8 billion by the end of 2027, with a CAGR of 11.12% during 2021-2027. Patient Transfer Devices are utilised to move a patient with the least amount of stress on the caregiver. Patients and healthcare staff will be more comfortable when the friction level in lateral transfers of patients decreases. ThePatient Transfer Device market is centred on a variety of goods and solutions that make it simpler for patients to move about so that they do not sustain injuries or fall during the patient transfer, which might complicate their health care delivery.
In addition, the Patient Transfer Device market offers you with a thorough Patient Transfer Device market analysis for each country’s increase in healthcare spending for capital equipment, as well as the installed base of various types of goods for the Patient Transfer Device market.
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Top Key Players Included in Patient Transfer Device Market Report: Arjo, Hill-Rom, GF Health, Medline, Drive DeVilbiss, and Prism Medical
The global market may be divided into regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. One of the most important regions in the global market is North America. Because of the large increase in capacity and investments in the region, the market in North America is likely to grow significantly in the next few years. The number of projects being completed in North America is expected to increase, boosting the market in the area. As a result, Asia Pacific is one of the largest markets, and it is predicted to develop at a rate in the next few years.
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Patient Transfer Device Market segment by Type:
Ceiling Lifts
Stair & Wheelchair Lifts
Mobile Lifts
Sit-to-Stand Lifts
Bath & Pool Lifts
Patient Transfer Device Market segment by Application:
Hospitals
Home Care Settings
Other End Users
The worldwide Patient Transfer Device market has been harmed by the COVID-19 pandemic. It is obstructing global economic growth. The sector has also been harmed, with large drops in demand around the world during the lockdowns. However, in the short term, the industry will be driven by the global rebound of consumption following lockdowns. By dividing the global market into region-wise assessments, the study aims to examine present and future growth possibilities, variables impacting their income potential, and demand and consumption trends.
FAQs:
What will be the market’s growth rate, growth momentum, throughout the forecasted period?
What are the market’s primary drivers?
What was the size of the emerging market in terms of value in 2020?
In 2027, how much will the emerging market be worth?
Which region is expected to have the biggest market share?
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The article discusses the growth and trends in the Patient Transfer Device market from 2021 to 2027.
Increased healthcare spending and innovations in patient transfer solutions are primary drivers.
North America is expected to have significant market growth due to increased capacity and investments.
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