Hospital Stretchers Market Size Report, Industry Share, Analysis, Growth, 2030

Hospital Stretchers Industry Perspective:

According to the report published by Zion Market Research, global demand for the hospital stretchers market was valued at approximately USD 306 Million in 2019 and is expected to generate revenue of around USD 455 Million by the end of 2026, growing at a CAGR of around 5.8% between 2020 and 2026.

Global Hospital Stretchers Market: Overview

Hospital stretchers are medical equipment designed especially to transport patients safely within or outside a healthcare center. Hospital stretchers are utilized in emergency cases such as rescue services during accidents and general medical services. Apart from patient transportation, hospital stretchers are also used for several specialized functions such as hospital beds, surgical platforms, and inspection or examination desks. The majority of the stretcher is simple, lightweight, and made up of metal or other synthetic materials.

Global Hospital Stretchers Market: Growth Factors

Hospital stretcher is a well-established market across the globe. Rising incidences of chronic disease are the prime factor to stimulate the growth of the hospital stretchers market. Additionally, an increasing geriatric population is expected to fuel the growth of this market in the near future. Furthermore, the rise in demand for stretchers that are technically advanced, and increasing surgical procedures is predicted to fuel the hospital stretchers market. However, the high cost associated with specialized stretchers can affect the hospital stretchers market

Global Hospital Stretchers Market: Report Scope

Global Hospital Stretchers Market: Segmentation

The hospital stretcher market is segmented on the basis of product types, applications, technology, and geography. On the basis of product types, the market is divided into fixed height, adjustable, bariatric, radiographic, and other types of stretchers. Depending on the technology, hospital stretchers can be segmented into two types namely, motorized and non-motorized. Presently, the non-motorized hospital stretchers segment dominates this market.

This segment is developing at a moderate rate due to the declining demand for manual stretchers from developed countries. Still, the non-motorized hospital stretchers segment is expected to dominate the overall market in terms of sales as they are very affordable compared to motorized stretchers. Further, intra-hospital transport, emergency department, daycare surgery department, pediatric surgery department, and radiology department hospital stretchers are different key applications of this market.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Global Hospital Stretchers Market: Regional Analysis

Based on regions, the global Hospital Stretchers market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The hospital stretcher market is undergoing constant development and would keep up this trend in the near future. North America was the largest market for hospital stretchers in 2019 which mainly contributed to a rise in the geriatric population, and increased prevalence of chronic diseases like obesity, gastrointestinal problems, and osteoporosis. Europe is the second leading market for hospital stretchers due to the increasing aging population. Promising medical tourism and low-cost surgical procedure in the developing countries of Asia-Pacific is expected to drive the hospital stretchers market. A large population and increasing road accidents in developing countries such as India and China are the other major drivers for the hospital stretchers market in the Asia Pacific region.

Global Hospital Stretchers Market: Competitive Players

Some most important players in the global Hospital Stretchers market are

• Hill-Rom
• Stryker
• ArjoHuntleigh
• Anetic Aid
• BI Healthcare
• GF Health Products
• Kenmark and BMB Medical
• among others.

The report segments the global hospital stretcher market into:

By Product Type 

• Fixed-Height Stretchers
• Adjustable Stretchers
• Bariatric Stretchers
• Radiographic Stretchers
• and Others

By Technology 

• Non-motorized, and Motorized

By Application

• Intra-hospital Transport
• Emergency Department
• Day Care Surgery Department
• Pediatric Surgery Department
• Radiology Department

Hospital Stretchers Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa