Lucintel Forecasts Stretcher Market to Reach $2.2 Billion by 2027

Market-Research

According to the recent study the stretcher market is projected to reach an estimated $2.2 billion by 2027 from $1.6 billion in 2021, at a CAGR of 6.1% from 2021 to 2027. Growth in this market is primarily driven by increasing number of hospitals and ambulance facilities, increasing number of patients with disabilities, accidents, chronic diseases, and the growing geriatric population.

Browse 134 figures / charts and 103 tables in this 227 -page report to understand trends, opportunities and forecast in stretcher market by product (fixed stretchers, adjustable stretchers, and stretcher chairs), technology (non-motorized stretchers and motorized stretchers), application (emergency and transport stretchers, pediatric stretchers, radiology stretchers, bariatric stretchers, procedural stretchers, and OB/GYN (obstetrics and gynecology) stretchers), end user (hospital and clinic and ambulance facilities), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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“Adjustable stretchers market is expected to remain the largest segment during the forecast period.”

Based on product type, the stretcher market is segmented into fixed stretchers, adjustable stretchers, and stretcher chairs. Lucintel forecasts that the adjustable stretchers market is expected to remain the largest segment.

“Within the stretcher market, the non-motorized stretcher segment is expected to remain the largest technology”

Based on technology the non-motorized stretcher segment is expected to witness the highest growth over the forecast period due to highly affordable and do not require skilled caregivers to handle patients as is the case with motorized stretchers.

“North America will dominate the stretcher market in near future”

North America is expected to remain the largest market over the forecast period because of its well-developed healthcare infrastructure. APAC is expected to witness the highest growth rate over the forecast period due to the increasing number of hospitals and operating rooms in existing hospitals, and the continued development of various medical facilities.

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Major players of stretcher market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Stryker Corporation, Baxter International, Fu Shun Hsing Technology Co. Ltd., Medline Medical Equipment, Inc., and Getinge Group are among the major stretcher providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/stretcher-market.aspx  or helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
 

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