Patient Handling Equipment Market Size Projected to Reach USD 23.95 Billion by 2034 Amid Rising Chronic Diseases and Smart Healthcare Innovations [Yahoo! Finance]
GETINGE AB UNSP/ADR (GNGBY)
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Source: Yahoo! Finance
2025 to approximately $ 23.95 billion by 2034, with a CAGR of 6.56% from 2025 to 2034. North America led the market by holding more than 37% share in 2024, while the Asia Pacific is set to grow at the fastest CAGR through 2034. Ottawa, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The global patient handling equipment market size is projected to reach nearly USD 23.95 billion by 2034, increasing from USD 13.53 billion in 2025. It is accelerating at a strong CAGR of 6.56% from 2025 to 2034. The growing prevalence of age-related mobility issues, the rise in home healthcare, and the high incidence of chronic diseases drive market growth. Market Key Takeaways North America accounted for the largest market share of 37% in 2024. The Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. By product, the wheelchairs and scooters segment held the major market share in 2024. By application, the acute and critical care segment contributed the biggest market shar
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