The global stretcher accessories market is estimated to develop at a 5.8% CAGR between 2022 and 2032. As of 2022, the market is valued at US$ 1.43 billion, with a projected valuation of US$ 2.51 billion by 2032.
A stretcher is a device used to transport patients who require medical attention or assistance who are unable to walk for whatever reason. They are generally employed by hospitals and nursing homes. Stretchers come in a variety of styles, including cots and litters, which are carried by two people, as well as wheeled options such as gurneys, trolleys, and beds.
The stretcher accessories market includes everything that helps medical personnel assist the patient, such as various types of incubators, cot handles to bend the cot over when it is at its lowest position, poles to keep the stretcher upright, and mattresses to keep the patient comfortable while also minimising movement while transporting.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Stretcher Accessories Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Stretcher Accessories market.
Key Stretcher Accessories Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Stretcher Accessories market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Stretcher Accessories Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Stretcher Accessories market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Stretcher Accessories Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Stretcher Accessories market. As per the survey, Stretcher Accessories sales will project steady growth over the forecast period.
- Stretcher Accessories Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Stretcher Accessories market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Stretcher Accessories Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Stretcher Accessories market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Stretcher Accessories market.
Some of the prominent market players are profiled by FMI are:
The main players in the stretcher accessories market are Stryker Corporation, Invacare Corporation, Invacare Corporation, ArjoHuntleigh (Getinge Group), Etac AB, Hill-Rom Holdings, Hill-Rom Holdings, Inc, Patterson Medical Holdings, Inc., Permobil AB, Stiegelmeyer & Co. GMBH, DJO Global and Sunrise Medical LLC.
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The report covers exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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