Patient Lift Equipment Market is predicted to reach USD 8.34 billion at a CAGR of 8.01% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Patient Lift Equipment Market”.

The patient lift equipment market is estimated to register a CAGR of 10.54% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global patient lift equipment market— Baxter, Arjo, Invacare Corporation, V.Guldmann A/S, Joerns Healthcare, Savaria Corporation, Etac AB, Human Care, Beka Hospitec GmbH, and Amico.

Market Highlights

The global patient lift equipment market is accounted for to register a CAGR of 8.01% during the forecast period and is estimated to reach USD 8.34 billion by 2032.

The global patient lift equipment market is undergoing expansion because of rising trend toward home healthcare. As more people are selecting to receive care or treatment in the comfort of their own residences, the demand for patient lift equipment is on the rise. According to Front Street Media Over 1/3 of individuals receiving home care are under the age of 60 as they need help with various home care needs. These devices are necessary for safely moving patients between separate locations, such as from a bed to a wheelchair. The convenience and cost-effectiveness of home healthcare services are driving the market for patient lift equipment, as caregivers and patients seek solutions that promote independence and improve quality of life.

The growing incidences of diabetes, rise in geriatric population and rising prevalence of chronic diseases are fueling the growth of the patient lift equipment market. Additionally, the high cost of patient lift equipment system is a restraining factor for the market. However, the shift towards home-based care will provide growth opportunities for the market in the future.

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Segment Analysis

The global patient lift equipment market has been segmented based on product, type, lifting capacity, mode, age group, end user.

On the basis of the product, the market is segmented into ceiling/overhead lift, stair lift, mobile/floor lift, sit to stand lift, slings, bath & pool lift and lifting accessories. The ceiling/overhead lift segment was attributed to holding the largest market share in 2023 revenue as estimated by MRFR analysts. This is due to the Increasing incidence of chronic diseases and overhead lifts are essential in managing these patients' needs effectively and safely, thus driving demand.

Further, we estimate that the market segment will continue to pool in the largest chunk of revenue during the forecast period. It has been identified that the segment market yet witnesses continuous innovations and movements in terms of new product launches.

On the basis of the type, the market is segmented into Manual/Hydraulic Lifts, and Electric Lifts. The Manual/Hydraulic Lifts segment is projected to have the largest market share during the forecast period. This is due to Stringent emissions regulations and government incentives for adopting green technologies are driving the shift towards electric lifts.

On the basis of the lifting capacity, the market is segmented into 200 to 300 lbs, 300 to 400 lbs, 400 to 600 lbs, 600 to 800 lbs, and others.  The 200 to 300 lbs segment held the largest market in 2023 and 400 5o 600 lbs is the fastest growing segment during the forecast period..

On the basis of the mode the market is segmented into the Ceiling/Wall Mounted, and Mobile.  The mobile segment held the largest market in 2023, and mobile is the fastest growing segment during the forecast period.

On the basis of the age group, the market is segmented into adults and geriatric. The adults segment held the largest market share in 2023, and geriatric is the fastest-growing segment during the forecast period i.e., 2024 -2032.

On the basis of the end user, the market is segmented into hospitals, ambulatory surgical centers, rehabilitation centers and others. The hospitals segment held the largest market share in 2023, and others is the fastest-growing segment during the forecast period i.e., 2024 -2032..

Regional Analysis

The global patient lift equipment market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe patient lift equipment market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The patient lift equipment market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the world’s patient lift equipment market comprises of Middle East, Africa, and Latin America.

the increasing aging population in North America, Technological advancements and innovations in patient lift equipment, and Rising prevalence of chronic diseases in the region drive the regional market growth during the forecast period.

Moreover, the Europe market has been persistently growing healthcare expenditure, and Increasing prevalence of disabilities, Strategic collaborations with healthcare providers in the region.

Additionally, market factors, such as the increasing awareness about the benefits of patient lift equipment in healthcare settings and rise in government initiatives to improve healthcare facilities for patients with disabilities and mobility issues are driving the Asia-Pacific region’s growth.

Furthermore, the rest of the world's patient portal market is divided into the Middle East, Africa, and Latin America. The major factors driving the growth of the patient lift equipment market in the region are growing adoption of advanced technologies in healthcare facilities, and rising government initiatives to improve healthcare infrastructure increases market share in this region.

Key Findings of the Study

• The global patient lift equipment market is expected to reach USD 8.34 billion by 2032, at a CAGR of 8.01% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market, owing to the increasing awareness about the benefits of patient lift equipment in healthcare settings and rise in government initiatives to improve healthcare facilities for patients with disabilities and mobility issues are driving the Asia-Pacific region’s growth.


• Based on product, the Ceiling/Overhead Lift segment was attributed to holding the largest market in 2023.


• Baxter, Arjo, Invacare Corporation, V.Guldmann A/S, Joerns Healthcare, Savaria Corporation, Etac AB, Human Care, Beka Hospitec GmbH, and Amico  are the key market players