Hospital Stretchers Market Future Growth
Hospital Stretchers Industry Overview The global hospital stretchers market size was valued at USD 2,319.0 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The increasing prevalence of chronic disorders, growing geriatric population, rising hospitalization, and technological advancements are major driving factors for the growth of this market. Moreover, a rise in surgical and medical procedures performed is also projected to drive the product demand over the forecast period. The increasing incidence of chronic diseases, such as diabetes, cardiovascular disorders, cancer, respiratory disease, and other autoimmune diseases, across the globe, is a key factor driving the market growth. Factors, such as the adoption of unhealthy & sedentary lifestyles, rising cases of obesity, and increased alcohol consumption and smoking, contribute to the prevalence of chronic diseases. Heart disease is one of the forem...