Hospital Stretchers Market Size To Reach $4.33 Billion By 2030

Hospital Stretchers Market Growth & Trends

The global hospital stretchers market size is anticipated to reach USD 4.33 billion by 2030 and is projected to grow at a CAGR of 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. An increasing number of daycare surgeries, integration of IoT and connectivity, and increasing healthcare expenditure are some of the key factors driving the market growth.

The integration of Internet of Things (IoT) and connectivity presents a noteworthy opportunity within the market. This convergence is enhancing patient care by leveraging connected devices and decision-support tools. Beyond virtual care, this technological evolution encompasses the integration of sensors, wearables, artificial intelligence, and predictive analytics.

Furthermore, incorporation of IoT technology and connectivity features into hospital stretchers enhances their functionality. This augmentation allows for seamless communication with other medical equipment and hospital systems. Adopting this interconnected approach not only improves patient care but also optimizes the overall healthcare delivery process. For instance, in February 2022, Stryker completed the previously announced acquisition of Vocera Communications, Inc. With this acquisition, the company now possesses the capability to wirelessly communicate crucial patient information in near real-time to the Vocera Badge or the nurses' station via Vision, a protocol management dashboard. This integration streamlines workflows, facilitating on-the-go monitoring and presenting significant opportunities for driving innovations and accelerating digital aspirations in healthcare. The acquired capabilities are expected to contribute to market growth, with IoT and connectivity emerging as key drivers in shaping the future of hospital stretchers.

This integration not only improves patient outcomes through timely intervention but also streamlines hospital workflows, optimizing resource utilization. The data generated by connected stretchers allows for predictive maintenance, reducing downtime and ensuring the reliability of critical medical equipment. Overall, the synergy between IoT and hospital stretchers not only enhances patient care but also contributes to the efficiency and effectiveness of healthcare services, ultimately propelling the market growth.

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Hospital Stretchers Market Report Highlights

• The adjustable segment is expected to register at the fastest CAGR of 6.8% during the forecast period. Adjustable hospital stretchers enable healthcare professionals to optimize the patient's position for comfort and safety during transportation and procedures. Customizable features such as height adjustment ensure proper alignment and support

• Based on technology type, the motorized segment is expected to register at the fastest CAGR of 6.0% during the forecast period. Motorized stretchers often come with advanced safety features, such as automatic brakes, to prevent unintended movements and enhance overall patient and caregiver safety

• In terms of application, the ambulatory/transport segment is expected to register at the fastest CAGR of 6.8% during the forecast period, owing to the increasing prevalence of accidents, natural disasters, and traumatic events has led to a growing demand for advanced and reliable hospital stretchers in the emergency/trauma segment

• North America dominated the market with the revenue share in 2023, owing to rising healthcare infrastructure in this region

Hospital Stretchers Market Segmentation

Grand View Research has segmented the global hospital stretchers market report based on product type, technology type, application, and region:

Hospital Stretchers Product Type Outlook (Revenue, USD Million; 2018 - 2030)

• Fixed Height

• Bariatric

• Adjustable Height

• Radiographic

Hospital Stretchers Technology Type Outlook (Revenue, USD Million; 2018 - 2030)

• Motorized

• Non-Motorized

Hospital Stretchers Application Outlook (Revenue, USD Million, 2018 - 2030)

• Daycare/Inpatient

• Surgery

• Emergency/Trauma

• Ambulatory/Transport

Hospital Stretchers Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Thailand

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Hospital Stretchers Market

• Hill-Rom Holdings, Inc.

• Stryker

• MAC Medical, Inc.

• FU SHUN HSING TECHNOLOGY CO., LTD

• Narang Medical Limited

• Royax

• Pedigo Products

• Ferno-Washington, Inc.

• Wy’East Medical

• TAYLOR HEALTHCARE PRODUCTS, INC.

• Champion Manufacturing, Inc.

• GF Health Products, Inc.