The global hospital stretchers market, valued at over USD 2.8 billion in 2022, is on a steady growth trajectory and is projected to reach USD 4.8 billion by 2032, expanding at a CAGR of 5.7% from 2022 to 2032. Fueled by the rising geriatric population, improved healthcare accessibility, technological advancements, and expanding medical tourism, the demand for hospital stretchers is surging across key global regions.

Hospital stretchers are an indispensable part of patient handling and mobility solutions, especially in emergency care, surgery, and inpatient settings. With global healthcare systems increasingly shifting focus toward patient comfort, operational efficiency, and advanced treatment protocols, stretchers have evolved significantly—incorporating ergonomic design, mobility features, and smart technologies.

The United States continues to dominate the North American hospital stretchers market, which is expected to reach USD 1.78 billion by 2032. A significant driver is the rapidly aging American population, with projections by the U.S. Census Bureau estimating an increase in those aged 65 and older from 52 million in 2018 to nearly 95 million by 2060.

Increased healthcare expenditure and an uptick in medical tourism further accelerate market demand. According to CMS data, federal healthcare spending rose by 4.6% in 2019, surpassing USD 3.9 trillion. Additionally, robust Medicare coverage—such as the 80% subsidy for medically necessary ambulance services—continues to facilitate access to advanced patient transport solutions.

The UK hospital stretchers market has shown remarkable growth, expanding from USD 110 million in 2021 to an expected USD 236 million by 2032, with a CAGR of 7.5%. This rise is largely attributed to increased healthcare modernization, an aging population, and growing investments in healthcare infrastructure.

The Asia-Pacific region stands out as the fastest-growing market, with countries like China and Japan experiencing growth rates of 7.5% and 7.4%, respectively. In Japan, the market is forecasted to hit USD 152 million by 2032, while South Korea’s market is projected to reach USD 88 million, growing at a CAGR of 6.1%.

According to the United Nations Population Fund, by 2050, over 200 million people in the Asia Pacific region will be aged 60 and above, contributing to a total regional population of 1.3 billion—a demographic shift that underscores the growing need for patient mobility and transport solutions.

In South Korea, the hospital stretchers market is projected to witness an absolute dollar opportunity of USD 39 million, while Japan is expected to see USD 77 million during the forecast period. Increasing investment in healthcare infrastructure and a cultural emphasis on elderly care are key contributors.

Global market players are actively investing in product innovation, partnerships, and mergers to strengthen their position. Among the notable industry leaders are:

A prime example of innovation is Stryker’s launch of the ProCuity Wireless Bed in October 2020, designed to minimize patient falls, optimize nurse workflow, and help healthcare providers reduce costs.

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• Asia Pacific
• Middle East & Africa (MEA)

The decade ahead promises sustained momentum for the hospital stretchers market. With continuous healthcare infrastructure development, improved patient care standards, and rising health consciousness worldwide, the need for efficient and ergonomic stretcher systems will only deepen.

Innovations in motorized stretchers, smart integration with hospital systems, and efforts to meet diverse patient needs—from bariatric to radiographic uses—will define the competitive landscape. Regions like Asia Pacific, with high growth potential and favorable demographics, remain pivotal to shaping the global market’s future.

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