Mexico Patient Lifting Equipment Market Overview, 2028

Mexico is experiencing demographic changes, including an ageing population. As the elderly population increases, there's a higher demand for healthcare services and equipment, including patient lifting devices. There is a global trend towards the adoption of healthcare technologies, including patient lifting equipment. In Mexico, increased awareness and acceptance of these technologies contribute to the growth of the patient lifting market. In Mexican culture, there is often a strong emphasis on family care. Patient lifting equipment can play a crucial role in supporting families and cares in providing quality care to their loved ones with mobility challenges. Economic factors, including healthcare budgets and affordability, can influence the adoption of patient lifting equipment. The balance between cost and the perceived benefits of these devices is a key consideration for healthcare institutions and providers. Adequate training for healthcare professionals and cares in the proper use of patient lifting equipment is essential. Training programmes and initiatives contribute to the safe and effective utilisation of these devices in healthcare settings. A good economic condition generally implies higher purchasing power for individuals. This could lead to increased spending on healthcare products and services, including mobility-related equipment such as patient lifting devices. Affordability becomes a key factor influencing the accessibility of these products to a broader segment of the population. Mexico is a popular destination for medical tourism. Economic prosperity can contribute to the growth of healthcare tourism, attracting individuals seeking medical treatments. This, in turn, might influence the demand for patient lifting equipment in healthcare facilities catering to international patients. According to the research report "Mexico Patient Lifting Equipment Market Research Reports," published by Actual Research, the Mexico Patient Lifting Equipment market was valued at more than USD 110 Million in 2022. Mexico, like many countries, is undergoing demographic changes with an increasing ageing population. As individuals age, there is a higher likelihood of mobility challenges and the need for assistance in transfers. Patient lifting equipment becomes essential in both healthcare facilities and home settings to provide safe and efficient support for seniors. In Mexico, the majority of more than 140 traumatic spinal cord injuries occurred in the thoracic spine in young males. As healthcare expenditure increases, there is a greater capacity for healthcare institutions to invest in advanced medical equipment, including patient lifting devices. The willingness to invest in innovative solutions for patient care can drive the growth of the market. The emphasis on occupational health and safety for healthcare professionals is a global trend. Patient lifting equipment reduces the risk of musculoskeletal injuries among healthcare workers, contributing to a safer work environment and promoting the adoption of these devices. Government initiatives aimed at improving healthcare infrastructure and accessibility can contribute to the growth of the patient lifting equipment market. Supportive healthcare policies and investments in healthcare facilities may lead to increased adoption of patient lifting solutions. Patient lifting equipment is typically classified as a medical device. Governments, including Mexico, often have specific regulations in place to ensure the safety, efficacy, and quality of medical devices. Compliance with these regulations is essential for manufacturers and suppliers. Government initiatives related to healthcare reimbursement can impact the adoption of patient lifting equipment. For instance, if the government provides reimbursement for the purchase of certain medical devices, it can stimulate the market.

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Based on the product types, they are segmented into Ceiling Lifts, Stair Lifts, Mobile Lifts, Sit-to-Stand Lifts, Lifting Slings, Bath & Pool Lifts, and Lifting Accessories. Among them in Mexico, Mobile Lifts is growing with a significant market share. Mobile lifts are designed to be portable and flexible, allowing for easy movement and use in various settings. This adaptability is crucial in a healthcare system where patients receive care in different environments, including hospitals, clinics, and home settings. With a growing ageing population, there is an increased demand for healthcare solutions that support ageing in place. Mobile lifts offer a practical way to assist elderly individuals with mobility challenges, enabling them to remain at home while receiving necessary care. Mobile lifts are valuable in community-based care settings, where healthcare professionals may need to provide services in non-traditional healthcare facilities. These lifts facilitate safe and efficient patient transfers in a variety of community-based care environments. In Mexico, modern mobile lifts often incorporate advanced technologies, such as digital controls and automated systems, making them user-friendly and efficient. This integration aligns with the broader trend of adopting technology in healthcare for improved patient care outcomes. In terms of end users, they are segmented into hospitals, homecare, elderly care facilities, and others; among them, hospitals lead the market with the highest market value. Hospitals typically handle a larger volume of patients compared to other healthcare settings. The diverse range of medical conditions and mobility challenges encountered in hospitals creates a significant demand for patient lift equipment to assist with transfers, repositioning, and mobility support. Patient lift equipment enhances the efficiency of healthcare delivery by enabling safe and efficient patient transfers. This contributes to maintaining a high standard of patient care quality and supports healthcare providers in delivering timely and effective services. Centralised procurement in hospitals allows for bulk purchasing of patient lift equipment, ensuring that the institution is well-equipped to meet the diverse needs of patients across various departments and care units. Considered in this report:

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Kripa Shah

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• Geography: Mexico • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Mexico Patient Lifting Equipment market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Products • Ceiling Lifts • Stair Lift • Mobile Lifts • Sit-to-Stand Lifts • Lifting Slings • Bath & Pool Lifts • Lifting Accessories By End User • Hospitals • Homecare • Elderly Care facilities • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Patient Lifting Equipment, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.