Hospital Stretchers Market to Reach US$1.7 bn by 2019 due to Rising Occurrence of Chronic Diseases

Hospital stretchers are patient transport apparatus used for transportation of a patient safely within a healthcare center or facility. In the current scenario, other than patient transportation, hospital stretchers are also being used as hospital beds, surgical platform and for inspection or examination desk. Hospital stretchers market is well established, however, increasing demand for technology-enabled hospital stretchers owing to rising incidences of chronic diseases and geriatric population is expected to fuel the growth of this market. The hospital stretchers market report is focused towards identifying the current scenario as well as future market potential for hospital stretchers globally.
The hospital stretchers market has been segmented as per three parameters, such as, product types, technology and applications. On the basis of product types, the market is divided into fixed height, adjustable, bariatric, and radiographic and other types of stretchers. Further, on the basis of technology, hospital stretchers market is subdivided into motorized and non-motorized stretchers. Based on applications, hospital stretchers market is categorized as intra-hospital transport, emergency department, day care surgery department, pediatric surgery department, and radiology department hospital stretchers. These stretchers are used not only for patient transportation, but also for many of specialized purposes and in many departmental operations, such as MRI and others.
Of all the above mentioned hospital stretchers, bariatric stretchers have been anticipated as the fastest growing segment during the forecast period from 2013 to 2019, at a CAGR of 5.9%. According to the Centre for Diseases Control and Prevention (CDC), 34.9% of the U.S. population is obese, and annual medical cost of obesity treatment in the U.S. was around USD 147 billion, in 2008. Additionally, as per an article published by Johns Hopkins Bloomberg School of Public Health, more than 40% of the U.S. population would be categorized as obese by 2015. Hence, rising obese population have propelled the growth of bariatric stretchers that can withstand weight up to 700 pounds. Hence, fastest growth rate of this segment is identified on the basis of year on year growth of obese patients globally and rising demand for carrying such patients with an ease from a point-of-view of patient as well as healthcare providers. Similarly, the market for adjustable (motorized and technologically advanced) stretchers is also expected to grow in upcoming period, owing to increasing demand for innovative and automated hospital stretchers by multi-specialty and super-specialty hospitals. Also, adjustable stretchers provide ease of operation to the healthcare providers.

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