Global Lifting Columns Market 2018-2022 | Growth Analysis and Forecast | Technavio
LONDON--(BUSINESS WIRE)--Dec 5, 2018--Technavio’s global lifting columns market research report projects the market to grow at a CAGR of over 6% during the forecast period.
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Technavio has released a new market research report on the global lifting columns market for the period 2018-2022. (Graphic: Business Wire)
The increased adoption of electric lifting columns will be one of the major trends in the during 2018-2022. There was an increased adoption of electric lifting columns in 2017, particularly in offices and the industrial sector to provide stable and motorized movement to keep the equipment safe. The electric lifting columns are also witnessing a high demand from the healthcare sector as they offer the ability to vertically lift high loads while retaining a high degree of stability, which is essential for patients.
According to Technavio analysts, one of the key drivers for the global lifting columns market is the increasing demand for medical facilities using lifting columns:
Global lifting columns market: Increasing demand for medical facilities using lifting columns
In 2017, the healthcare sector was one of the major contributors to the growth of the lifting columns market. This was because of the increased demand for medicare equipment based on motion control. Several medical equipment such as beds, treatment chairs, wheelchair lifts, examination tables, dental chairs, and adjustable nurses’ stations in the healthcare sector need vertical lifts to improve accessibility and comfort.
According to a senior research analyst at Technavio, “There is an increased demand for medical beds and chairs that use lifting columns due to the decreased birth rates and increased life expectancy, which is increasing the aging population in the US and Europe. The vendors offer products to the healthcare sector with increased load capacity, noise reduction, and enhanced ergonomics while reducing the overall costs for buyers through one-step installation, minimal downtime, and maintenance-free operations.”
Global lifting columns market: Segmentation analysis
This global lifting columns market analysis report provides market segmentation by product (multi-stage lifting columns and two-stage lifting columns), by application (industrial sector, healthcare sector, and ergonomics), and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major products, the multi-stage lifting columns segment held the largest lifting columns market share in 2017, contributing to almost 58% of the market. This product segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for around 41% share. It was followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2018-2022.
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market LandscapeMarket ecosystem Market characteristics Market segmentation analysis
Market SizingMarket definition Market size and forecast
Five Forces Analysis
Geographical SegmentationRegional comparison Key leading countries
Vendor LandscapeVendors covered Vendor classification Market positioning of vendors Competitive scenario
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PUB: 12/05/2018 09:18 AM/DISC: 12/05/2018 09:18 AM