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Hospital Stretchers Market Size to Worth Around USD 8.30 Bn by 2030

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The global Hospital Stretchers market size is expected to reach USD 8.30 billion by 2030, registering a CAGR of 6.7% over the forecast period 2021 – 2030.

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Growth Factors

 An increasing number of daycare surgeries, a rising number of road accidents & trauma cases, and increasing cases of COVID-19 are some of the key factors driving the growth of this market.

Hospital stretchers have a well-established market across the globe, as they are a basic necessity for any healthcare facility. An upsurge in the number of ambulance facilities is projected to stimulate market growth. Large-scale hospital facilities require intra-hospital transport for patients, this, in turn, creates a highly favorable environment for market growth. Furthermore, the rapid growth of the global healthcare sector is contributing to the increasing product demand.

Report Coverage

Report Scope Details
Market Size USD 8.30 billion by 2030
Growth Rate CAGR of 6.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product type, Technology type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Hill-Rom Holdings; Stryker; Mac Medical; TransMotion Medical Inc.; Fu Shun Hsing Technology; Narang Medical Ltd.; ROYAX; Advanced Instrumentations

By Product Type Analysis

On the basis of product type, the market has been segmented into fixed height, bariatric, adjustable height, and radiographic. In 2020, the bariatric segment accounted for the largest revenue share of 38.6%. Bariatric stretchers include larger frames, outsized wheels, winch attachments, and pull & push handles for safe transporting.

The market for adjustable stretchers is also expected to grow significantly in the coming years owing to the increasing demand for innovative and automated hospital stretchers by multi-specialty and super-specialty hospitals. Adjustable stretchers are motorized and technologically advanced.

By Application Analysis

On the basis of application, the market has been segmented into daycare/inpatient, surgery, emergency/trauma, and ambulatory/transport. The emergency/trauma segment held the highest revenue share of 33.9% of the global market in 2020.

The ambulatory/transport segment is expected to witness the fastest CAGR during the forecast period. Ambulatory stretchers are gaining popularity across the globe and are majorly used at emergency service centers. Cost-effective services, easy-to-use ambulance stretchers, a high level of comfort, safety, and patient-centered care are likely to boost the segment growth.

By Technology Type Analysis

On the basis of technology type, the market has been segmented into motorized and non-motorized. Motorized segment held the largest revenue share of more than 65% in 2020 and is expected to grow at the fastest CAGR over the forecast period.

Electric-powered and hydraulic stretchers are gaining more traction amongst hospitals and emergency service providers. For instance, the Prime Series stretchers by Stryker features innovative mobility alternatives, such as zoom motorized drive or big wheel system, electric-powered base & lift, and chaperone stretcher alarm system with incorporated scale.

By Regional Analysis

North America held the largest revenue share of 42.4% of the global market in 2020. A rise in the geriatric population is a key factor responsible for market growth in this region. According to the U.S. Census Bureau, population projections, the number of Americans aged 65 years and above is estimated to reach nearly 95 million by 2060 from 52 million in 2018.

The Asia Pacific regional market is majorly driven by China, India Japan, South Korea, and Australia. An increasing number of hospitals and escalating hospital admission for emergency care are key factors fueling the market growth in this region.

Key Players

  • Hill-Rom Holdings
  • Stryker
  • Mac Medical
  • TransMotion Medical Inc.
  • Fu Shun Hsing Technology
  • Narang Medical Limited
  • ROYAX
  • Advanced Instrumentations

Market Segmentation

  • By Product Type
    • Fixed Height
    • Bariatric
    • Adjustable Height
    • Radiographic
  • By Technology Type
    • Motorized
    • Non-Motorized
  • By Application
    • Daycare/Inpatient
    • Surgery
    • Emergency/Trauma
    • Ambulatory/Transport
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

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Reasons to Purchase this Report:– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Hospital Stretchers Market, By Product

7.1.  Hospital Stretchers Market, by Product, 2021-2030

7.1.1.    Fixed Height

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Bariatric

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Adjustable Height

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Radiographic

7.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Hospital Stretchers Market, By Technology Type

8.1.  Hospital Stretchers Market, by Technology Type, 2021-2030

8.1.1.    Motorized

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Non-Motorized

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Hospital Stretchers Market, By Application

9.1.  Hospital Stretchers Market, by Application, 2021-2030

9.1.1.    Daycare/Inpatient

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Surgery

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Emergency/Trauma

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Ambulatory/Transport

9.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Hospital Stretchers Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Product (2017-2030)

10.1.2.  Market Revenue and Forecast, by Technology Type (2017-2030)

10.1.3.  Market Revenue and Forecast, by Application (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Product (2017-2030)

10.2.2.  Market Revenue and Forecast, by Technology Type (2017-2030)

10.2.3.  Market Revenue and Forecast, by Application (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Product (2017-2030)

10.3.2.  Market Revenue and Forecast, by Technology Type (2017-2030)

10.3.3.  Market Revenue and Forecast, by Application (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Product (2017-2030)

10.4.2.  Market Revenue and Forecast, by Technology Type (2017-2030)

10.4.3.  Market Revenue and Forecast, by Application (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Application (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Product (2017-2030)

10.5.2.  Market Revenue and Forecast, by Technology Type (2017-2030)

10.5.3.  Market Revenue and Forecast, by Application (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Application (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Technology Type (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 11.  Company Profiles

11.1.              Hill-Rom Holdings

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Stryker

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Mac Medical

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              TransMotion Medical Inc.

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Fu Shun Hsing Technology

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              Narang Medical Limited

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              ROYAX

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Advanced Instrumentations

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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