Global Patient Lifting Equipment Market to Surpass USD 10.6 Billion by 2034
The global patient lifting equipment market size is calculated at USD 7.12 billion in 2025 and is forecasted to reach around USD 10.61 billion by 2034, accelerating at a CAGR of 4.53% from 2025 to 2034. (Source: Fotor AI)
As global healthcare systems respond to the mounting challenges of aging societies, caregiver shortages, and the need for safer patient handling, the patient lifting equipment market is experiencing sustained and strategic growth. According to Market Research Future (MRFR)’s industry forecasts, the market is expected to grow from USD 7.12 billion in 2025 to USD 10.61 billion by 2034, at a compound annual growth rate (CAGR) of 4.53%.
Key Growth Drivers
Several forces are converging to drive this growth:
Demographic Shift: The number of people aged 60 and above is expected to reach 1.4 billion by 2030, increasing demand for assisted mobility solutions in hospitals, nursing homes, and homecare settings.
Caregiver Safety Mandates:Regulatory bodies such as OSHA (U.S.) and NIOSH have updated their Safe Patient Handling and Mobility (SPHM) guidelines to reduce injuries from manual lifting. Hospitals and eldercare facilities are now required to adopt mechanical lifting systems.
Technological Advancements: The integration of AI, IoT, and predictive analytics is transforming patient lifts into smart systems capable of real-time monitoring, hazard detection, and remote tracking.
Regional Insights
North America: Largest Share, Strong Regulation
Accounted for 36% of global market share in 2024.
The U.S. market is projected to grow from USD 1.72 billion (2024) to USD 2.73 billion (2034).Government-led programs like LIFTsmart and federal safety standards are accelerating smart lifting adoption.
Asia Pacific: Fastest-Growing Market
High growth expected through 2034, driven by increased healthcare investments in China, India, and Japan.
Governments promote home-based care and offer incentives for ergonomic and robotic lift solutions.
Japan leads in robotic lifting device development.
Europe: Safety and Sustainability in Focus
Countries such as Germany and the UK enforce strict regulations mandating mechanical lifting aids.
EU-backed initiatives support environmentally sustainable and locally manufactured equipment.
Public hospitals are upgrading to automated ceiling and floor lifts as part of infrastructure modernization.
Emerging Trends (2025–2034)
Smart Lifting Systems: Integration of real-time monitoring, sensor feedback, and cloud connectivity enables data-driven patient handling.
Rental-Based Access Models: Healthcare providers are opting for rental models to reduce upfront costs and maintain access to the latest-generation equipment.
Ergonomic & Compact Designs: Devices are becoming more intuitive, safer for caregivers, and easier to deploy in tight spaces or home settings.
Sustainability Standards: Manufacturers are incorporating recyclable materials and modular designs to align with green procurement policies.
Homecare Consumerization: Growing demand for consumer-grade lifts that are easy to assemble, transport, and operate by non-professional users.
Market Challenges
Despite strong tailwinds, the industry still faces barriers:
High Capital Investment: Ceiling and powered lifts require significant upfront costs, installation, and staff training, limiting adoption in low-resource environments.
Fragmented Reimbursement Policies: Inconsistent insurance or government funding models across countries hinder universal access, especially in emerging markets.
Market Opportunities
Government-Backed Safety Programs: Policies that mandate or subsidize mechanical lifts are expanding across North America, Europe, and Asia.
Elderly Care at Home: As patients increasingly transition from hospitals to home, demand for lightweight, affordable lifts is accelerating.
AI-Enabled Product Innovation: Continued investment in predictive AI, fall detection, and remote diagnostics is expected to redefine product categories.
Outlook
The global patient lifting equipment market is no longer a niche healthcare segment, it is fast becoming a cornerstone of elderly care, rehabilitation, and home-based medical support. The next decade will be defined by smart mobility, affordable automation, and a growing emphasis on caregiver safety. Manufacturers that align product innovation with policy compliance and end-user usability will be best positioned to lead in this evolving space.
Market Share by Region (2024)
| Region | Share (%) |
|---|---|
| North America | 36% |
| Europe | 29% |
| Asia Pacific | 23% |
| Latin America | 8% |
| MEA | 4% |
Source: Market Research Future
Market Size (2025–2034, USD B)
| Year | Size |
|---|---|
| 2025 | 7.12 |
| 2026 | 7.44 |
| 2027 | 7.78 |
| 2028 | 8.13 |
| 2029 | 8.50 |
| 2030 | 8.88 |
| 2031 | 9.29 |
| 2032 | 9.71 |
| 2033 | 10.15 |
| 2034 | 10.61 |
Source: Market Research Future
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