Global Gurneys And Stretchers Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
In terms of the product itself Gurneys and Stretchers play a role in healthcare settings as they are specifically designed to safely transport patients within or between medical facilities. These tools have undergone advancements over time with modern stretchers being tailored to meet a range of medical requirements such as emergency response, patient care and intricate surgical procedures. Key features like heights, foldable designs and sturdy wheels are shaping the direction of the industry. The recent introduction of automated and electrically powered stretchers indicates innovation that is fueli`ng demand, in this sector.
Market Key Insights
- The Gurneys And Stretchers market is projected to grow from $939.9 million in 2024 to $1.62 billion in 2034. This represents a CAGR of 5.6%, reflecting rising demand across Emergency Medical Services, Sports & Events and Hospitals & Clinics.
- Stryker Corporation, Hill-Rom Holdings Inc., Getinge AB are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Gurneys And Stretchers market and are expected to observe the growth CAGR of 3.6% to 5.4% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 6.4% to 7.7%.
- Transition like Technological Advancements is expected to add $101.9 million to the Gurneys And Stretchers market growth by 2030
- The Gurneys And Stretchers market is set to add $681 million between 2024 and 2034, with manufacturer targeting Ambulance Use & Clinic Use Application projected to gain a larger market share.
- With Increasing demand due to aging population, and Technological advancements and product innovation, Gurneys And Stretchers market to expand 72% between 2024 and 2034.
Opportunities in the Gurneys And Stretchers
The healthcare sector is experiencing a digital transformation where technology is becoming more prevalent in gurney and stretcher equipment innovations are enhancing patient care and support tools integration to foster growth in this field lightweight gurney and stretcher designs with materials capable of handling heavy loads while remaining easy to maneuver are also a key focus, for manufacturersThe progress in technology has the potential to pave the way for a phase of advanced medical devices and contribute significantly to the expansion of manufacturers, in this sector.
Growth Opportunities in North America and Europe
North America Outlook
In the North American market, the demand for Gurneys and Stretchers is on the rise due to an aging population and increased need for emergency medical services. Innovations in technology, such as more ergonomic design and patient mobility solutions, are driving the market. Top opportunities include the development of portable Gurneys and patient transfer Stretchers aimed at enhancing hospital efficiency and patient safety. The market, however, is highly competitive with key players like Stryker Corporation and Hill-Rom Holdings, Inc. dominating the region with their advanced product offerings.
Europe Outlook
In Europe, the Gurney and Stretcher market exhibits significant growth due to the rising number of hospitals and clinics, increased healthcare expenditure, and a surge in surgical procedures. The market potential is also amplified by the influx of patients from other regions seeking advanced healthcare services. Key drivers are improved hospital infrastructure, patient safety measures, and the growing demand for lightweight, foldable Stretchers. Intense competition exists among leading manufacturers like Ferno Limited and Sidhil Ltd known for their focus on research and development, unveiling a future for technologically advanced Gurneys and Stretchers in the region.
Market Dynamics and Supply Chain
Driver: Increasing Demand Due to Aging Population, and Surge in Ambulatory Surgical Centers
Enhanced patient comfort and increased operational efficiency drive advancements in stretcher and gurney designs within healthcare settings today. The incorporation of attributes and enhanced weight bearing capabilities alongside shock absorbing systems has also bolstered their utility across various medical environments. Additionally the introduction of cutting edge models like motorized gurneys that alleviate strain for healthcare staff signals promising prospects, for theindustry'sgrowth.
Restraint: High Initial Investment
Opportunity: Strategic Collaborations and Partnerships
Challenge: Regulatory Compliance Hurdles
Supply Chain Landscape
Thyssenkrupp AG
ArcelorMittal SA
Stryker Corporation
Hill-Rom Holdings Inc
McKesson Corporation
Cardinal Health Inc
Hospitals
Ambulance services
Clinics
Thyssenkrupp AG
ArcelorMittal SA
Stryker Corporation
Hill-Rom Holdings Inc
McKesson Corporation
Cardinal Health Inc
Hospitals
Ambulance services
Clinics
Applications of Gurneys And Stretchers in Emergency Medical Services, Sports & Events & Hospitals & Clinics
Gurneys and stretchers play a critical role in emergency medical services, enabling swift and safe patient transport. Ambulance stretcher, a specialized of gurney, is primarily used in this application. These stretchers are easily maneuverable, lightweight, and designed for quick loading and unloading of patients. Top players like Stryker and Ferno, known for their durable and high-performance products, dominate this sector.
In hospitals and clinics, gurneys and stretchers are indispensable for patients transportation between wards, operating rooms, and imaging departments. Hospital stretchers, equipped with advanced features like adjustable height, tilt angle functions, and integrated monitors, are often used. Companies like Hill-Rom and Mac Medical have established a strong market presence with their versatile and dependable hospital stretchers.
At sporting events and concerts, gurneys and stretchers ensure prompt medical attention during emergencies. Here, portable and collapsible stretchers are mostly used for their convenience in transport and storage. Prestigious manufacturers, such as Junkin Safety and Mobi Medical, provide robust and mobility-friendly stretchers, enhancing their market position in this application.
Recent Developments
Medline Industries expanded its offering by introducing advanced, lightweight emergency gurneys and stretchers providing unique features like adjustable headrests and sturdy wheels, redefining patient comfort and mobility.
Ferno International embraced the futuristic technology by introducing an AI-powered gurney, enhancing patient safety through real-time health monitoring and diagnostic capabilities.
Stryker Corporation launched a series of eco-friendly, recyclable gurneys and stretchers, reducing environmental impact while maintaining functionality and robustness.