Lucintel Forecasts Stretcher Market to Reach $3.7 billion by 2030

According to the recent study the stretcher market is projected to reach an estimated $3.7 billion by 2030 from $2.4 billion in 2023, at a CAGR of 6.1% from 2024 to 2030. 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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Lucintel forecasts that adjustable stretchers are expected to witness significant growth over the forecast period.
Within the global stretcher market motorized stretchers and non-motorized stretchers are the major technology types. The non-motorized stretcher segment is expected to dominate over the forecast period, as they are highly affordable and do not require skilled caregivers to handle patients as is the case with motorized stretchers.
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.
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 write us at helpdesk@lucintel.com
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