Stretchers and Cots Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Stretchers and Cots Market Report Overview
The stretchers and cots market was valued at $1.11 billion in 2023 and is expected to grow at a CAGR of more than 2% during 2023-2033. Stretchers and cots support overall patient care and safety, irrespective of the cause of their hospital visits. They form the equipment base of all healthcare facilities in any country. For any kind of treatment to be successful, the hospital must be equipped with basic supplies such as transport stretchers, emergency stretchers, ambulation cots, and others. Therefore, the market for these devices has been strong historically and will continue to be strong if there is hospital infrastructure to support it.
Stretchers and Cots Market Outlook 2023-2033 ($ Billion)
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The stretchers and cots market research report has been created to understand the market behavior, which will help identify quantitative market trends within the hospital supplies therapeutic area. The model discusses in detail the impact of COVID-19 on the stretchers and cots market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $1.11 billion |
CAGR (2023-2033) | >2% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments |
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Key Regions |
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Key Companies |
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Stretchers and Cots Market Dynamics
The demand for stretchers and cots has always been high and it will continue to grow in the future as well. The growing need for the improvement of medical facilities worldwide, especially in developing countries will drive the growth of this market. Increasing awareness and the surging need for existing medical facilities to be adequately prepared for all kinds of emergencies will further propel the market’s demand during the projected period.
Stretchers and Cots Market Segments
The key segments in the stretchers and cots market are ambulance cots, emergency stretchers, manual transport stretchers, and motorized transport stretchers. In 2023, emergency stretchers led the market. An emergency stretcher is used to transport patients who cannot move on their own and are very portable. Therefore, these stretchers are used in situations when transport stretchers cannot access the location.
Stretchers and Cots Market Analysis by Segments, 2023 (%)
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Stretchers and cots Market Segmentation by Regions
The key regions in the stretchers and cots market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Asia-Pacific had the largest share of the stretchers and cots market and is expected to retain its position throughout the forecast period.
APAC, dominated by India, represents the largest part of the global stretchers and cots market. Growing investment in healthcare infrastructure expansion and modernization, increasing healthcare expenditure due to rising incomes and awareness, and a growing aging population have contributed to the growth in demand for stretchers and cots in the region.
Stretchers and Cots Market Analysis by Regions, 2023 (%)
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Stretchers and Cots Market – Competitive Landscape
The key companies in the stretchers and cots market are Stryker Corp, Hill-Rom Holdings Inc., International Biomedical Ltd, Linet Group SE, and Biodex Medical Systems Inc. among others. In 2023, Stryker Corp accounted for the highest stretchers and cots market share and value, followed by Hill-Rom Holdings Inc.
Stretchers and Cots Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report.
Stretchers and Cots Segment Outlook ($ Million, 2015-2033)
- Ambulance Cots
- Emergency Stretchers
- Manual Transport Stretchers
- Motorized Transport Stretchers
Stretchers and cots Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are:
Currently marketed Stretchers and cots market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Stretchers and cots market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Stretchers and cots market.
- Competitive dynamics insights and trends provided for the stretchers and cots market.
Get an in-depth understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Stryker Corp, Hill-Rom Holdings Inc, GF Health Products Inc, Pedigo Products Inc, Anetic Aid Ltd, Wardray Premise Ltd, Qfix, MRIEquip.com LLC, International Biomedical Ltd, Linet Group SE, MRI Med, Mirion Technologies Inc, Lifeport Inc, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total stretchers and cots market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the stretchers and cots market.
- Competitive dynamics insights and trends provided for the stretchers and cots market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
- Understand the impact of COVID-19 on stretchers and cots.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving stretchers and cots.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the stretchers and cots market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific stretchers and cots market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Hill-Rom Holdings Inc
GF Health Products Inc
Pedigo Products Inc
Anetic Aid Ltd
Wardray Premise Ltd
Qfix
MRIequip.com LLC
International Biomedical Ltd
Linet Group SE
MRI Med
Mirion Technologies Inc
Lifeport Inc
Others
Frequently asked questions
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What was the stretchers and cots market size in 2023?
The stretchers and cots market size was $1.11 billion in 2023.
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What will the stretchers and cots market growth rate be during the forecast period?
The stretchers and cots market is expected to grow at a CAGR of more than 2% during 2023-2033.
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Which was the leading segment in the stretchers and cots market in 2023?
The emergency stretchers segment led the stretchers and cots market in 2023.
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Which region dominated the stretchers and cots market in 2023?
Asia-Pacific was the largest regional segment of the stretchers and cots market in 2023.
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Which are the key companies operating in the stretchers and cots market?
The key companies in the Stretchers and cots market are Stryker Corp, Hill-Rom Holdings Inc., International Biomedical Ltd, Linet Group SE, and Biodex Medical Systems Inc. among others.
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