According to the recent study the stretcher market is projected to reach an estimated $2.0 billion by 2025 from $1.6 billion in 2019, at a CAGR of 4.1% from 2020 to 2025. Growth in this market is primarily driven by increasing number of hospitals and ambulance facilities, increasing number of patients with disabilities, accidents, chronic diseases, and the growing geriatric population.
Browse 147 figures / charts and 103 tables in this 203 -page report to understand trends, opportunities and forecast in stretcher market by product (fixed stretchers, adjustable stretchers, and stretcher chairs), technology (non-motorized stretchers and motorized stretchers), application (emergency and transport stretchers, pediatric stretchers, radiology stretchers, bariatric stretchers, procedural stretchers, and OB/GYN (obstetrics and gynecology) stretchers), end user (hospital and clinic and ambulance facilities), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Adjustable stretchers market is expected to remain the largest segment during the forecast period.”
Based on product, the stretcher market is segmented into fixed stretchers, adjustable stretchers, and stretcher chairs. Lucintel forecasts that the adjustable stretchers are expected to witness the largest segment over the forecast period.
“Within the stretcher market, the non-motorized stretcher segment is expected to remain the largest technology”
Based on technology, the electrical and electronics segment is expected to witness the largest technology over the forecast period as they are highly affordable and do not require skilled caregivers to handle patients as is the case with motorized stretchers.
“North America will dominate the stretcher market in near future”
North America is expected to be the largest region over the forecast period and witness the highest growth over the forecast period because of its well-developed healthcare infrastructure.
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Major players of stretcher market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Stryker Corporation, Hill-Rom Holdings Inc., Fu Shun Hsing Technology Co. Ltd. Getinge Group, and Medline Medical Equipment, Inc. and others are among the major stretcher providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/stretcher-market.aspx or [email protected]
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Lucintel
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