Patient Lateral Transfer Market Size

Patient Lateral Transfer Market size was valued at USD 1.11 billion in 2024 and is set to exceed USD 3.32 billion by 2037, expanding at over 8.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of patient lateral transfer is evaluated at USD 1.19 billion.

The reason behind the growth is impelled by the increasing rate of hospitalization caused by the COVID-19 pandemic. A large number of industries across the globe were adversely affected by the COVID-19 virus. 

Patient lateral transfer equipment emerged as a safe and effective option to transfer patients after lockdowns were implemented and social distances were mandated. According to the Centers for Disease Control and Prevention (CDC) since February 2020, 4,226 COVID-19 cases have been reported in the United States, 31% of which have been hospitalized, 45% hospitalized in intensive care units, and 53% died.

The increasing rates of work injuries in hospitals are believed to fuel market growth. For instance, health professionals are exposed to a variety of occupational dangers, slips, stumbles, and falls which lead to dislocation, and shoulder strain injuries which lower their ability to perform tasks such as lifting, and transferring. This may result in higher demand for patient lateral transfer services. It was observed that over the last few years, workers in U.S. hospitals recorded roughly 7.8% of work-related injuries by the end of 2020.