North America Hospital Stretchers Market Report and Forecast 2024-2032

North America Hospital Stretchers Market Outlook

The North America hospital stretchers market was valued at USD 2.9 billion in 2023, driven by the growing demand for technologically advanced stretchers in the region. The market is expected to grow at a CAGR of 5.37% during the forecast period of 2024-2032, with the values likely to rise from USD 3 billion in 2024 to USD 4.6 billion by 2032.

Key Takeaways

• In July 2023, Technimount System’s Neonatal Stretcher System was designed for the transfer of high-risk critically ill newborns and provides flexible configurations, allowing efficient organization and convenient access to advanced medical devices.

• Recent data reports that 39.6% of adults are suffering from obesity in the United States. Further, it is estimated that around 31.6% of individuals are overweight while 7.7% of adults are severely obese. The rising incidence of obese patients is expected to boost the North America hospital stretchers market share in the forecast period.

• In August 2023, a state grant of USD 100,000 helped the Chappaqua Volunteer Ambulance Corps to equip their two ambulances with Stryker Corporation’s motorized stretchers.

Hospital stretchers are specialized to move patients who need medical care. The demand for hospital stretchers is increasing which can be attributed to the growing burden of chronic diseases which require medical attention and thus greater patient influx in hospitals and other healthcare settings. The North America hospital stretchers market growth is significantly impacted by the rising aging and obese population in the region. Recent data reports that 39.6% of adults are suffering from obesity in the United States. Further, it is estimated that around 31.6% of individuals are overweight while 7.7% of adults are severely obese. This rise in the obese population will drive the demand for specialized bariatric stretchers for the efficient transfer of such individuals to healthcare facilities.

In July 2023, Technimount System, a Canadian medical equipment manufacturer, revealed a solution for the critical care transport of neonates. They designed the neonatal stretcher system which provides flexible configurations, allowing efficient organization and convenient access to advanced medical devices. This transport system complies with the Society of Automotive Engineers International (SAE), thus deemed safe and efficient in the transfer of high-risk critically ill newborns. The development of such hospital stretchers that are scalable and customizable to meet the transport team’s protocols and needs is likely to augment North America hospital stretchers market demand in the coming years.

The rising funding from governmental organizations to improve the healthcare system and enhance patient care is expected to boost market growth. In August 2023, a state grant of USD 100k helped the Chappaqua Volunteer Ambulance Corps (a New York-based volunteer organization dedicated to providing emergency medical services) to equip their two ambulances with motorized Stryker stretchers, which are developed by Stryker Corporation. Such investments in technologically advanced mobility solutions are anticipated to propel the North America hospital stretchers market size in the region.

Other factors that dictate the market dynamics are the growing adoption of technologically advanced patient mobility solutions, improvements in the design and materials of hospital stretchers, and increased integration of enhanced safety features. Moreover, the rising healthcare expenditure and the launch of innovative products is expected to influence the market landscape.

North America Hospital Stretchers Market Segmentation

“North America Hospital Stretchers Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

North America Hospital Stretchers Market: Competitor Landscape

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

• Stryker Corporation

• Carl Bennet AB (Arjohuntleigh AB)

• Invacare Corporation

• Medline Industries Inc.

• Paramount Bed Holdings Co., Ltd.

• Stiegelmeyer GmbH & Co.KG

• LINET Group SE

• Joerns Healthcare LLC

• Mac Medical Inc.

• TransMotion Medical Inc.

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