The US FDA under medical devices in that product and medical procedures, General Hospital devices and supplies regulates the patient handling ,types of equipment following are some of the are as follows:, The FDA has announced a list of best practices that, when should be followed, can help meet the risks related to patient lifts. Users of patient lifts should:, • Should have the training and understand the working to operate lifts and • Match the lift and patients weight, sling used should be approved for patient handling equipment
The article cited AMA's "Global Patient Mechanical Lift Handling Equipment Market Study" explored CAGR of %. According to the report, Technological Innovation in Patient Mechanical Lift Handling Equipment is one of the primary growth factors for the market. Increasing Number of Musculoskeletal Injuries
is also expected to contribute significantly to the Patient Mechanical Lift Handling Equipment market. Overall, Long Term Care
applications of Patient Mechanical Lift Handling Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Hospital, is boosting the Patient Mechanical Lift Handling Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Patient Mechanical Lift Handling Equipment market identified that the demand is rising in many different parts of the world as "Improvement in Healthcare Infrastructure by Various Government Initiatives
". Furthermore, some recent industry insights like "In Feb 2020, Guldmann launches the new sling strap with “smart loop” technology. By using modern weaving techniques to produce the “smart loop” sling strap, the product becomes homogeneous and even stronger as the tolerances are improved by producing the entire sling strap and loops in one-piece. This relatively small change may have a great impact on working procedures within the moving and handling of patients." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Patient Mechanical Lift Handling Equipment market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Patient Mechanical Lift Handling Equipment market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Patient Mechanical Lift Handling Equipment market size is calculated using market estimation process, the Patient Mechanical Lift Handling Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Patient Mechanical Lift Handling Equipment market size has been validated using both top-down and bottom-up approaches.