Patient Lateral Transfer Market Trends

Growth Drivers

Globally Rising Prevalence of Obesity– In the last 30 years, the prevalence of obesity has nearly tripled worldwide. In 2020, over 2.1 billion adults (40% of the world's population) were overweight. More than 590 million of them were obese. The condition of obesity and overweight increase the risk of more severe chronic diseases that require admission to a medical facility as a result of the condition's worsening. Heavy and overweight people require transferring facilities from one place to another. This factor is expected to expand the global patient lateral transfer market size during the forecast period.
Spiking Cases of Chronic Disorders- Chronic diseases frequently need long-term management which necessitates often visits to healthcare facilities for advanced treatment. This is expected to drive market growth in the coming future.

Challenges

Invention Of Alternative Technologies– The biggest challenge has to be the invention and production of so many substitute technologies in the market. The patient lateral transfer market has a lot of substitute technologies that have the chance of replacing it any day.
Lack Of Skilled Medical Professionals
High Cost Associated with Health and Medical Treatment.

Patient Lateral Transfer Market: Key Insights

Base Year	2022
Forecast Year	2023 – 2035
CAGR	~9%
Base Year Market Size (2022)	~USD 955 million
Forecast Year Market Size (2035)	~USD 2 billion
Regional Scope	North America (U.S. & Canada) Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)

Base Year	2024
Forecast Year	2025-2037
CAGR	8.8%
Base Year Market Size (2024)	USD 1.11 billion
Forecast Year Market Size (2037)	USD 3.32 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of patient lateral transfer is evaluated at USD 1.19 billion.

The 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. Increasing rate of hospitalization caused by the COVID-19 pandemic and the increasing rates of work injuries in hospitals will drive the market growth.

North America industry is estimated to account for largest revenue share of 35% by 2037, impelled by rise in medical tourism in the region.

The major players in the market include Stryker Corporation, Blue Chip Medical, Inc., Wideblue Ltd, Hill-Rom Holdings, Inc., Arjo AB, Etac Group, McAuley Medical, Inc., Medline Industries LP, Samarit Medical AG, Scan Medical Co Inc.

Patient Lateral Transfer Market Trends