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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Latin America Hospital Stretchers Market Size

The global hospital stretchers market was valued at USD 2.9 billion in 2024, with Latin America holding a significant market share. The market is driven by the rising investments in healthcare infrastructure. It is expected to grow at a CAGR of 5.37% during the forecast period of 2025-2034, with the values likely to attain USD 4.6 billion by 2034.

Latin America Hospital Stretchers Market Outlook

  • The high prevalence of chronic diseases and a substantial rise in the aging and bariatric population are contributing to the growing number of hospital admissions. This drives the need for efficient transport solutions to facilitate patient movement within the hospital, thereby fuelling the market demand for hospital stretchers.
  • In May 2023, a study reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030. The rising healthcare expenditures by the government and private healthcare providers to upgrade medical facilities and expand healthcare services are anticipated to boost the Latin America hospital stretchers market share.
  • One of the major market trends is the increased adoption of technologically advanced hospital stretchers such as motorized stretchers or specialty stretchers with integrated monitoring capabilities to ensure patient comfort and safety.

Latin America Hospital Stretchers Market Analysis

Hospital stretchers are patient transport devices that are designed to facilitate efficient patient movement to different areas in the hospital. Some hospital stretchers, such as bariatric stretchers for heavier patients and pediatric stretchers for pediatric patients are equipped with specialized features, intended to accommodate certain patient populations. Moreover, the rising emphasis on patient comfort and safety is likely to increase investments in innovative stretchers, which is expected to drive the Latin America hospital stretchers market growth in the forecast period.

Latin American countries are experiencing an increased demand for hospital stretchers due to factors such as the high prevalence of chronic diseases and a substantial rise in the aging and bariatric population, resulting in more patients requiring medical care. In October 2023, the Brazilian Institute of Geography and Statistics (IBGE) revealed that the proportion of Brazilians aged 65 or above has risen to 10.9% in 2022. Additionally, the 2023 United Nations report states that the obesity and overweight rates in Latin American and Caribbean countries have tripled in the last 50 years. Thus, the growing volume of aging and obese patients is anticipated to boost the Latin America hospital stretchers market demand in the coming years.

The market share is also impacted by the rising healthcare expenditure in the region. For instance, a study published in Cureus in May 2023 reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030. Moroever, the Brazilian government is actively investing in improving healthcare infrastructure including hospitals, clinics, and emergency care facilities, and expanding access to healthcare services, especially in underserved areas. Such developments are likely to augment the adoption of technologically advanced hospital stretchers such as motorized stretchers or specialty stretchers with integrated monitoring capabilities in healthcare settings, thereby elevating the market value.

Latin America Hospital Stretchers Market Segmentation

The report offers a detailed analysis of the market based on the following segments:

Market Breakup Categories
Product Type Adjustable Stretchers, Fixed Height Stretchers, Bariatric Stretchers, Radiographic Stretchers, Others
Technology Motorized Stretchers, Non-Motorized Stretchers
Application Intra-Hospital, Pediatric Care, Emergency Department, Radiology Department, Other Applications
Country Brazil, Argentina, Mexico, Others

Leading Players in the Latin America Hospital Stretchers Market

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • Stryker
  • Hillrom & Welch Allyn
  • Paramount Bed Co., Ltd.
  • Invacare Corporation
  • Gendron Inc.
  • Fazzini S.r.l.
  • Medline Industries, Inc.
  • Arjo
  • Royax
  • Ferno

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Technology
  • Application
  • Region
Breakup by Product Type
  • Adjustable Stretchers
  • Fixed Height Stretchers
  • Bariatric Stretchers
  • Radiographic Stretchers
  • Others
Breakup by Technology
  • Motorized Stretchers
  • Non-Motorized Stretchers 
Breakup by Application
  • Intra-Hospital
  • Pediatric Care
  • Emergency Department
  • Radiology Department
  • Other Applications 
Breakup by Region
  • Brazil
  • Argentina
  • Mexico
  • Others
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Stryker
  • HILLROM & WELCH ALLYN
  • PARAMOUNT BED CO., LTD. 
  • Invacare Corporation
  • Gendron Inc. 
  • Fazzini S.r.l.
  • Medline Industries, Inc.
  • Arjo
  • ROYAX 
  • Ferno 

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Latin America Hospital Stretchers Market Report Snapshots

Latin America Hospital Stretchers Market Size

Latin America Hospital Stretchers Market Regional Analysis

Latin America Hospital Stretchers Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Latin America hospital stretchers market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 5.37% during the forecast period of 2025-2034 and is likely to reach a market value of USD 4.6 billion by 2034.

The high prevalence of chronic diseases and a substantial rise in the aging and bariatric population is fuelling the demand for the market.

One of the significant trends in the market is the rising healthcare expenditures by the government and private healthcare providers to upgrade medical facilities. For instance, a study published in Cureus in May 2023  reported that per capita healthcare spending in Brazil is projected to increase from USD 848 in 2020 to USD 1165 by 2030.

Based on the product type, the market is segmented into adjustable stretchers, fixed height stretchers, bariatric stretchers, and radiographic stretchers, among others.

By technology, the market is divided into motorized stretchers and non-motorized Stretchers.

Major applications of hospital stretchers include intra-hospital, pediatric care, emergency department, radiology department, and other applications.

The market segmentation by countries includes Brazil, Argentina, and Mexico, among others.

The key players in the market are Stryker, Hillrom & Welch Allyn, Paramount Bed Co., Ltd., Invacare Corporation, Gendron Inc., Fazzini S.r.l., Medline Industries, Inc., Arjo, Royax, and Ferno.

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