The US electric patient lifts market is expected to exhibit robust revenue growth from 2020 to 2035. Beginning at 310 million in 2020, the market revenue steadily increases as a result of expanding geriatric care demand, technological innovation, and broader product accessibility. Notably, by 2025, market revenue is projected at 460 million, reflecting acceleration in home care and rehabilitation uptake. This trend is forecast to continue, surpassing 1,050 million by 2035 as the market matures and penetration deepens across both clinical and home care settings.
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Hospitals are projected to maintain the largest share of electric patient lift applications in 2025, reflecting the continued prioritization of patient and caregiver safety in clinical environments. Home care settings are expanding rapidly as patients and families seek in-home mobility solutions, driven by an aging population. Elderly care and rehabilitation segments also represent notable shares, supported by growing investments in non-hospital care infrastructure. The shift towards decentralized care and telehealth complements the broader use of portable and smart lifts outside traditional hospital settings.
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Who are the key players in US Electric Patient Lifts industry?
The top 5 players in the US Electric Patient Lifts industry include Invacare Corporation, Hill-Rom Holdings, Inc., ArjoHuntleigh (Getinge Group), Drive DeVilbiss Healthcare, and Medline Industries, Inc. These companies are known for innovation, quality products, and extensive distribution networks, establishing leadership and strong market presence in the US healthcare industry.
What is the US Electric Patient Lifts growth?
The US Electric Patient Lifts market has seen notable growth, with a CAGR of over 6% from 2021 to 2024. Recent growth was driven by increased demand for safe patient handling solutions, particularly from companies like Invacare Corporation, which expanded its product portfolio to address evolving healthcare needs.
Which segment accounted for the largest US Electric Patient Lifts share?
The hospital application segment accounted for the largest share of the US Electric Patient Lifts market. Hospitals prioritize safety, efficiency, and patient mobility, thus adopting electric lifts extensively to reduce workplace injuries and improve patient care quality.
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