Key CompaniesCovered in the Hospital Stretchers MarketResearch are Hill-Rom Holdings, Stryker, Mac Medical., TransMotion Medical Inc., Fu Shun Hsing Technology, Narang Medical Limited, ROYAX, Advanced Instrumentations, BI Healthcare, GF Health Productsand other key market players. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to an increasing number of hospitals and escalating hospital admission for emergency care. increasing healthcare expenditure and rising adoption of advanced healthcare facilities as well as rising geriatric population makes North America the leading region across the world in terms of market share. However, high cost associated with the specialized stretchers, may impede market growth over the forecast period of 2021-2027.Īsia Pacific, North America, Europe, Latin America, and Rest of the World are the key region considered for the regional analysis of global hospital stretches market.

As a result, increased in geriatric population will serve as a catalyst for the Hospital Stretchers industry in the future. Also, around 80% of all elderly populace will live in low-middle-income countries by year 2050. For instance, according to the report of world health organization, in year 2020 there were around 727 million people aged above 65 years and it has been estimated that by year 2050, the population aged 60 years and above is estimated to be record a total of around 2 billion across the globe. Furthermore, rising advancement on technology and its development, will provide new opportunities for the global Hospital Stretchers industry. The global Hospital Stretchers market is being driven by growing prevalence of chronic diseases, increase in rate of geriatric population, rising road accidents incidences and trauma injuries. Stretchers is a kind of bed which is used for carrying patients who are too injured or ill to walk.

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