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Global Medical Lifting Slings Market (2022-2027) by Product, Applications, Usage, End-user, and Geography, with Competitive Analysis, Impact of COVID-19, and Ansoff Analysis

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  • 191 Pages
  • July 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5650780
The Global Medical Lifting Slings Market is estimated to be worth USD 601.07 million in 2022, and is expected to reach USD 1,010.1 million by 2027, growing at a CAGR of 10.94%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

The Global Medical Lifting Slings Market is segmented based on Product, Applications, Usage, End-user, and Geography.
  • By Product, the market is classified into Canvas, Mesh, Nylon, and Padded.
  • By Applications, the market is classified into Bariatric, Hammock, Seating, Standing, Toilet, Transfer, and Universal.
  • By Usage, the market is classified into Disposable and Reusable.
  • By End-user, the market is classified into Elderly Care, Home Healthcare, and Hospital.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Hill-Rom Holdings, Inc, Invacare Corp., McKesson Corp., Permobil AB, Silvalea Ltd., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

The Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Medical Lifting Slings Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The Global Medical Lifting Slings Market is analyzed using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, suitable strategies have been devised for market growth.

Why Buy This Report?

  • The report offers a comprehensive evaluation of the Global Medical Lifting Slings Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario within the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.
  • The report also contains competitive analysis using 'Positioning Quadrants'; a proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Medical Lifting Slings Market

What is the estimated value of the Global Medical Lifting Slings Market?

The Global Medical Lifting Slings Market was estimated to be valued at $601.07 Million in 2022.

What is the growth rate of the Global Medical Lifting Slings Market?

The growth rate of the Global Medical Lifting Slings Market is 10.9%, with an estimated value of $1010.1 Million by 2027.

What is the forecasted size of the Global Medical Lifting Slings Market?

The Global Medical Lifting Slings Market is estimated to be worth $1010.1 Million by 2027.

Who are the key companies in the Global Medical Lifting Slings Market?

Key companies in the Global Medical Lifting Slings Market include Argo Medical, Inc., ArjoHuntleigh Co., BESTCARE Medical, LLC, Cortland Ltd., DJO Global, Etac AB, Getinge Group, GF Health Products, Inc., Groupe WINNCARE SAS and Handicare AS.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Chronic Diseases Requiring Long-Term Care
4.1.2 Rapidly Growing Geriatric Population
4.1.3 Increasing Availability of Home Healthcare Services and Staff
4.2 Restraints
4.2.1 Stringent Regulations for Approval of Product
4.3 Opportunities
4.3.1 Government Policies Promoting The Employment of Medical Lifting Slings
4.3.2 Emergence of Elderly Care Centers and Long-Term Care Centers
4.4 Challenges
4.4.1 Performance Failure and Durability Issues of Medical Lifting Slings
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Medical Lifting Slings Market, by Product
6.1 Introduction
6.2 Canvas
6.3 Mesh
6.4 Nylon
6.5 Padded
7 Global Medical Lifting Slings Market, by Applications
7.1 Introduction
7.2 Bariatric
7.3 Hammock
7.4 Seating
7.5 Standing
7.6 Toilet
7.7 Transfer
7.8 Universal
8 Global Medical Lifting Slings Market, by Usage
8.1 Introduction
8.2 Disposable
8.3 Reusable
9 Global Medical Lifting Slings Market, by End-user
9.1 Introduction
9.2 Elderly Care
9.3 Home Healthcare
9.4 Hospital
10 Americas' Medical Lifting Slings Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe's Medical Lifting Slings Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa's Medical Lifting Slings Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC's Medical Lifting Slings Market
13.1 Introduction
13.2 Australia
13.3 Bangladesh
13.4 China
13.5 India
13.6 Indonesia
13.7 Japan
13.8 Malaysia
13.9 Philippines
13.10 Singapore
13.11 South Korea
13.12 Sri Lanka
13.13 Thailand
13.14 Taiwan
13.15 Rest of Asia-Pacific
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
14.3.1 M&A and Investments
14.3.2 Partnerships and Collaborations
14.3.3 Product Developments and Improvements
15 Company Profiles
15.1 Argo Medical, Inc.
15.2 ArjoHuntleigh Co.
15.3 BESTCARE Medical, LLC
15.4 Cortland Ltd.
15.5 DJO Global
15.6 Etac AB
15.7 Getinge Group
15.8 GF Health Products, Inc.
15.9 Groupe WINNCARE SAS
15.10 Handicare AS
15.11 Hill-Rom Holdings, Inc.
15.12 HoverTech International
15.13 Human Care HC AB
15.14 Invacare Corp.
15.15 Joerns Healthcare, LLC
15.16 McKesson Corp.
15.17 Medical Depot Inc.
15.18 Midmark Corp.
15.19 Permobil AB
15.20 Prism Medical
15.21 Silvalea Ltd.
15.22 Spectra Care Group
15.23 The Osprey Group
15.24 V.Guldmann AS
16 Appendix
16.1 Questionnaire

Companies Mentioned

  • Argo Medical, Inc.
  • ArjoHuntleigh Co.
  • BESTCARE Medical, LLC
  • Cortland Ltd.
  • DJO Global
  • Etac AB
  • Getinge Group
  • GF Health Products, Inc.
  • Handicare AS
  • Hill-Rom Holdings, Inc.
  • HoverTech International
  • Human Care HC AB
  • Invacare Corp.
  • Joerns Healthcare, LLC
  • McKesson Corp.
  • Medical Depot Inc.
  • Midmark Corp.
  • Permobil AB
  • Prism Medical
  • Silvalea Ltd.
  • Spectra Care Group
  • The Osprey Group
  • V.Guldmann AS