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Medical Lifting Slings Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Medical Lifting Slings Market is segmented by Product, Material, Usage Type, End User, and Geography

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Market Snapshot

Medical Lifting Slings Market Size
Study Period: 2018 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.6 %
Medical Lifting Slings Market Key Players

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Market Overview

The medical lifting slings market may show rapid growth due to the growth in the geriatric population, increasing lifestyle diseases, increasing the number of people suffering from neuromuscular disorders, and the measures taken to prevent overexertion in personnel handling the patients.

The global population has been aging rapidly, owing to reducing birth rates and increasing life expectancy. The number of older people is estimated to increase by nearly 60% in the next 15 years. By 2030, the total number of people above the age of 65 is expected to be more than a billion, i.e., the geriatric population may represent 12% of the global population. By 2050, this number is likely to cross 1.6 billion or 16.7% of the total population.

Therefore, the demographic trend toward an aging population and the rising incidences of chronic diseases have further lead to a longer stay in hospitals, which may increase the demand for medical lifting slings, over the forecast period.

Furthermore, there is a high risk of cross-infection in reusable slings, which has been further impeding the growth of the market studied over the forecast period.

Scope of the Report

The medical lifting sling is an assistive device that allows patients in hospitals and nursing homes, and people receiving home healthcare to be transferred between a bed and a chair or other similar resting places. These are the mobile devices that help the safe lifting of patients who are weak, obese, or are disabled.

By Product
Standing Slings
Seating Slings
Universal Slings
Bariatric Slings
Transfer Sheets
Other Products
By Material
Nylon Slings
Padded Slings
Canvas Slings
Mesh Slings
Other Materials
By Usage Type
Disposable Slings
Reusable Slings
By End User
Home Care Facilities
Hospital
Other End Users
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Hospitals Segment is Expected to be the Largest Growing Segment in the Medical Lifting Sling Market

The hospital segment accounts for the largest share in the global medical lifting slings market, and it is expected to grow steadily during the forecast period. The people suffering from neuromuscular diseases generally have limited movement capacity and need continuous support for any kind of movement. They are the primary consumers of lifting slings in homes and hospitals. Therefore, the increase in the number of neuromuscular patients, who may need lifting slings for proper movement, is expected to boost the market studied.

Medical Lifting Slings Market Growth

Europe holds the Largest Share in the Medical Lifting Sling Market

The major factors that have been driving the growth of the European medical lifting slings market are the rise in obesity prevalence, increasing aging population, and the rising incidence of accidents and injuries. Also, the country has a well-established healthcare system, therefore, the market studied has been experiencing rapid growth.​

The United Kingdom has the highest number of reported obese cases in Western Europe, according to the Organization for Economic Co-operation and Development.​The Health Survey for England, 2017, had estimated that around 28.7% of adults in England were found to be obese and a further 35.6% are overweight but not obese. People aged 65-74 are most likely to be overweight or obese.

According to the German Federal Statistics Office (Destatis), 3,214 people were killed in car accidents in 2016. While 2.6 million incidents were recorded in Germany and around 308,200 of those accidents resulted in deaths or injuries, while the overall number of traffic injuries in 2016 jumped by 0.8% to 396,700, which is expected to be a vital factor in the growth of the market studied.​

Medical Lifting Slings Market Analysis

Competitive Landscape

There has been a presence of a considerable number of companies, and the key players have been focusing on acquisitions and collaborations to enhance their footprint in the global medical lifting slings market. The companies have been focusing on expanding their footprints by launching innovative solutions for patients.

Bestcare LLC, Prism Medical Ltd, Invacare Corporation, GF health products Inc, Arjo

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growth In Geriatric Population and Increasing Lifestyle Diseases

      2. 4.2.2 Increasing Number of People Suffering from Neuromuscular Disorders​

      3. 4.2.3 Convenience for the Patients/People with Lift Slings​

    3. 4.3 Market Restraints

      1. 4.3.1 Disadvantages of Patient Lifting Slings and Usage of Alternative Devices for Slings​

      2. 4.3.2 Reluctance of Patients in Using Lifting Slings​

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Standing Slings

      2. 5.1.2 Seating Slings

      3. 5.1.3 Universal Slings

      4. 5.1.4 Bariatric Slings

      5. 5.1.5 Transfer Sheets

      6. 5.1.6 Other Products

    2. 5.2 By Material

      1. 5.2.1 Nylon Slings

      2. 5.2.2 Padded Slings

      3. 5.2.3 Canvas Slings

      4. 5.2.4 Mesh Slings

      5. 5.2.5 Other Materials

    3. 5.3 By Usage Type

      1. 5.3.1 Disposable Slings

      2. 5.3.2 Reusable Slings

    4. 5.4 By End User

      1. 5.4.1 Home Care Facilities

      2. 5.4.2 Hospital

      3. 5.4.3 Other End Users

    5. 5.5 Geography

      1. 5.5.1 North America

        1. 5.5.1.1 United States

        2. 5.5.1.2 Canada

        3. 5.5.1.3 Mexico

      2. 5.5.2 Europe

        1. 5.5.2.1 Germany

        2. 5.5.2.2 United Kingdom

        3. 5.5.2.3 France

        4. 5.5.2.4 Italy

        5. 5.5.2.5 Spain

        6. 5.5.2.6 Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. 5.5.3.1 China

        2. 5.5.3.2 Japan

        3. 5.5.3.3 India

        4. 5.5.3.4 Australia

        5. 5.5.3.5 South Korea

        6. 5.5.3.6 Rest of Asia-Pacific

      4. 5.5.4 Middle East & Africa

        1. 5.5.4.1 GCC

        2. 5.5.4.2 South Africa

        3. 5.5.4.3 Rest of Middle East & Africa

      5. 5.5.5 South America

        1. 5.5.5.1 Brazil

        2. 5.5.5.2 Argentina

        3. 5.5.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 ARJO ​

      2. 6.1.2 Bestcare LLC​​

      3. 6.1.3 Drive DeVilbiss Healthcare (Medical Depot Inc.)​​

      4. 6.1.4 GF health products Inc.​​

      5. 6.1.5 Guldmann Inc.​​

      6. 6.1.6 Hillrom Services Inc. (Hill-Rom Holdings Inc.)

      7. 6.1.7 Invacare Corporation​​

      8. 6.1.8 Medline Industries Inc.​​

      9. 6.1.9 Prism Medical Ltd​​

      10. 6.1.10 Sunrise Medical Inc.​

      2. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Medical Lifting Slings Market market is studied from 2018 - 2026.

The Medical Lifting Slings Market is growing at a CAGR of 6.6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Bestcare LLC, Prism Medical Ltd, Invacare Corporation, GF health products Inc.​​, Arjo are the major companies operating in Medical Lifting Slings Market.

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