Transparency Market Research Report Added “Hospital Stretchers Market” to its database.
Global Hospital Stretchers Market: Description
Hospital stretchers are apparatus used to transport a patient from one location to another, inside or outside of medical infrastructure premises. In addition to patient transportation, hospital stretchers are also used for several specialized functions such as hospital beds, surgical platforms, and diagnostic and emergency platforms. Rapidly aging population, increasing prevalence of chronic disorders, growing number of ambulatory care centers/day care surgeries are some of the factors that are likely to drive the growth of the market. According to the Heart Foundation in Australia, cardiovascular diseases were major cause of hospitalizations (482,000) in 2009 and 2010. Moreover, the number of hospitalizations in the U.S. in 2010 was 38.6 million and respiratory and circulatory disorders accounted for 15% of these total admissions. Additionally, continuous increase in number of ambulatory surgical centers (ASCs) due to growing demand of day care surgeries is also a major factor anticipated to fuel the market of hospital stretchers.
The hospital stretchers market report studies the current scenario as well as future market potential of hospital stretchers globally. The hospital stretchers market has been segmented into three major categories based on product type, technology and end-user applications. By product type, the market is segmented into fixed-height stretchers, adjustable stretchers, bariatric stretchers, radiographic stretchers and others. By technology, the hospital stretchers market is segmented into motorized and non-motorized hospital stretchers. Moreover, the hospital stretchers market is also segmented based on end users such as intra-hospital transport, emergency department, day care surgery department, pediatric surgery department, and radiology department. The market size and forecast in terms of revenue (USD million) for each of these segments have been provided for the period 2013 to 2019, considering 2012 as the base year. The hospital stretchers market report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2013 to 2019.
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Global Hospital Stretchers Market : Overview
Hospital stretchers are patient transport apparatus used for transportation of a patient safely within a healthcare center or facility. In the current scenario, other than patient transportation, hospital stretchers are also being used as hospital beds, surgical platform and for inspection or examination desk. Hospital stretchers market is well established, however, increasing demand for technology-enabled hospital stretchers owing to rising incidences of chronic diseases and geriatric population is expected to fuel the growth of this market. The hospital stretchers market report is focused towards identifying the current scenario as well as future market potential for hospital stretchers globally. The hospital stretchers market has been segmented as per three parameters, such as, product types, technology and applications. On the basis of product types, the market is divided into fixed height, adjustable, bariatric, and radiographic and other types of stretchers. Further, on the basis of technology, hospital stretchers market is subdivided into motorized and non-motorized stretchers. Based on applications, hospital stretchers market is categorized as intra-hospital transport, emergency department, day care surgery department, pediatric surgery department, and radiology department hospital stretchers. These stretchers are used not only for patient transportation, but also for many of specialized purposes and in many departmental operations, such as MRI and others.
Of all the above mentioned hospital stretchers, bariatric stretchers have been anticipated as the fastest growing segment during the forecast period from 2013 to 2019, at a CAGR of 5.9%. According to the Centre for Diseases Control and Prevention (CDC), 34.9% of the U.S. population is obese, and annual medical cost of obesity treatment in the U.S. was around USD 147 billion, in 2008. Additionally, as per an article published by Johns Hopkins Bloomberg School of Public Health, more than 40% of the U.S. population would be categorized as obese by 2015. Hence, rising obese population have propelled the growth of bariatric stretchers that can withstand weight up to 700 pounds. Hence, fastest growth rate of this segment is identified on the basis of year on year growth of obese patients globally and rising demand for carrying such patients with an ease from a point-of-view of patient as well as healthcare providers. Similarly, the market for adjustable (motorized and technologically advanced) stretchers is also expected to grow in upcoming period, owing to increasing demand for innovative and automated hospital stretchers by multi-specialty and super-specialty hospitals. Also, adjustable stretchers provide ease of operation to the healthcare providers.
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