According to the current analysis of Reports and Data, the global Medical lifting slings market was valued at USD 568.1 Billion in 2018 and is expected to reach USD 1.41 Billion by the year 2026, at a CAGR of 11.5%. A medical lift sling is a tool which is used to support the patient in the hospital or treatment centers during their treatment. It has a hydraulic lift, which is patient-friendly as it is very easy to operate. It is made from nylon, mesh, and various other components. It helps in restricting the mobility of the patient, which is very essential in the recovery process of the patients.
Some major driving factors of this industry are a rise in the geriatric population requiring assistance, increasing disabilities resulting from various lifestyle diseases such as diabetes and cardiovascular disease, government policies promoting the use of the lifts, and high recovery cost of injuries. Protecting people from falls, accidents, and injuries while ensuring safe handling of the patient is driving the need for medical lifting slings. Governments of several countries across the world are implementing various regulations to promote Safe Patient Handling and Mobility programs, which is also increasing the demand for medical lifting slings exponentially. Lack of skilled training and knowledge to handle patients and persistent difficulty in handling obese patients are hampering the growth of this industry. Also, injuries to personnel handling the patients are a major challenge faced by the hospitals.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
Key Players covered in this report are
Invacare Corporation, Medical Depot, Inc. dba DeVilbiss Healthcare, Medline Industries, Inc., Bestcare, LLC, DJO Global, Arjo, Prism Medical, Handicare, Vancare, Osprey Sling Company, NAUSICAA MEDICAL, and HoverTech International.
Product (Revenue, USD Million; 2016–2026)
- Universal Slings
- Transfer Slings
- Hammock Slings
- Standing Slings
- Seating Slings
- Toilet Slings
- Bariatric Slings
- Others
Material (Revenue, USD Million; 2016–2026)
- Nylon
- Padded
- Mesh
- Canvas
- Others
Usage (Revenue, USD Million; 2016–2026)
- Reusable Slings
- Disposable Slings
End Use (Revenue, USD Million; 2016–2026)
- Home Care Facilities
- Hospitals
- Elderly Care Facilities
- Other End Users
Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East Africa
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Major Points covered in this report are as below:
• The Medical Lifting Sling industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Medical Lifting Sling Market report provides key statistics on the market status of the Medical Lifting Sling manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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