What are the major applications or end use industries for stretcher?Īnswer: Hospital and clinic & ambulance facilities are the major end users for stretcher What are the major drivers influencing the growth of the stretcher market?Īnswer: The major growth drivers for this market are increasing number of hospitals and ambulance facilities, increasing number of patients with disabilities, accidents, chronic diseases, and the growing geriatric population. What is the growth forecast for stretcher market?Īnswer: The stretcher market is expected to grow at a CAGR of ~4.9% from 2022 to 2027. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.Īnswer: The global stretcher market is expected to reach an estimated $2.2 billion by 2027.Strategic Analysis: This includes M&A and competitive landscape for the stretcher.
Growth Opportunities: Analysis on growth opportunities in different product type, technology type, application, end user, and regions for stretcher market.Regional Analysis: Stretcher market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.Segmentation Analysis: Stretcher market size by various segments, such as product type, technology type, application, and end user.Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.Market Size Estimates: Stretcher market size estimation in terms of value ($B).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. North America is expected to remain the largest market over the forecast period because of its well-developed healthcare infrastructure.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. Within the global stretcher market motorized stretchers and non-motorized stretchers are the major technology types.Lucintel forecasts that adjustable stretchers are expected to witness significant growth over the forecast period.
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