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Medical Lifting Sling Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5778519

Medical Lifting Sling Trends and Forecast

The future of the global medical lifting sling market looks promising with opportunities in the home care facility and hospital markets. The global medical lifting sling market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are rising prevalence of long-term patient care-related chronic diseases, rising proportion of physically challenged individuals and the aging population, as well as, a rise in government and private sector funding for the development of several healthcare sectors.

Medical Lifting Sling by Segment

The study includes a forecast for the global medical lifting sling by product, material, usage type, end use, and region.

Medical Lifting Sling Market by Product [Shipment Analysis by Value from 2018 to 2030]:

  • Standing Slings
  • Seating Slings
  • Universal Slings
  • Bariatric Slings
  • Transfer Sheets
  • Others

Medical Lifting Sling Market by Material [Shipment Analysis by Value from 2018 to 2030]:

  • Nylon Slings
  • Padded Slings
  • Canvas Slings
  • Mesh Slings
  • Others

Medical Lifting Sling Market by Usage Type [Shipment Analysis by Value from 2018 to 2030]:

  • Disposable Slings
  • Reusable Slings

Medical Lifting Sling Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Home Care Facilities
  • Hospitals
  • Others

Medical Lifting Sling Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Medical Lifting Sling Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical lifting sling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical lifting sling companies profiled in this report include:
  • ARJO ​
  • Bestcare
  • Drive DeVilbiss Healthcare
  • GF health products
  • Guldmann
  • Hill-Rom Services
  • Invacare ​​
  • Medline Industries
  • Prism Medical
  • Sunrise Medical

Medical Lifting Sling Market Insights

The publisher forecasts that universal slings is expected to witness the highest growth over the forecast period because they are suitable for the majority of lifting scenarios, making it a smart option for caregivers who are unsure about patients who need to be raised.

Europe will remain the largest region over the forecast period due to increased funding for research, as well as additional programs that offer cutting-edge goods and public-private collaborations.

Features of the Global Medical Lifting Sling Market

  • Market Size Estimates: Medical lifting sling market size estimation in terms of value ($B).

  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

  • Segmentation Analysis: Medical lifting sling market size by product, material, usage type, end use, and region in terms of value ($B).

  • Regional Analysis: Medical lifting sling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

  • Growth Opportunities: Analysis of growth opportunities in different product, material, usage type, end use, and regions for the medical lifting sling market.

  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medical lifting sling market.

  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the medical lifting sling market size?
Answer: The global medical lifting sling market is expected to reach an estimated $1.4 billion by 2030.

Q2. What is the growth forecast for medical lifting sling market?
Answer: The global medical lifting sling market is expected to grow with a CAGR of 8.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the medical lifting sling market?
Answer: The major drivers for this market are rising prevalence of long-term patient care-related chronic diseases, rising proportion of physically challenged individuals and the aging population, as well as, a rise in government and private sector funding for the development of several healthcare sectors.

Q4. What are the major segments for medical lifting sling market?
Answer: The future of the global medical lifting sling market looks promising with opportunities in the home care facility and hospital markets.

Q5. Who are the key medical lifting sling market companies?
Answer: Some of the key medical lifting sling companies are as follows:
  • ARJO ​
  • Bestcare
  • Drive DeVilbiss Healthcare
  • GF health products
  • Guldmann
  • Hill-Rom Services
  • Invacare ​​
  • Medline Industries
  • Prism Medical
  • Sunrise Medical
Q6. Which medical lifting sling market segment will be the largest in future?
Answer: The publisher forecasts that universal slings is expected to witness the highest growth over the forecast period because they are suitable for the majority of lifting scenarios, making it a smart option for caregivers who are unsure about patients who need to be raised.

Q7. In medical lifting sling market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to increased funding for research, as well as additional programs that offer cutting-edge goods and public-private collaborations.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the medical lifting sling market by product (standing slings, seating slings, universal slings, bariatric slings, transfer sheets, and others), material (nylon slings, padded slings, canvas slings, mesh slings, and others), usage type (disposable slings and reusable slings), end use (home care facilities, hospitals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Medical Lifting Sling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Medical Lifting Sling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Medical Lifting Sling Market by Product
3.3.1: Standing Slings
3.3.2: Seating Slings
3.3.3: Universal Slings
3.3.4: Bariatric Slings
3.3.5: Transfer Sheets
3.3.6: Others
3.4: Global Medical Lifting Sling Market by Material
3.4.1: Nylon Slings
3.4.2: Padded Slings
3.4.3: Canvas Slings
3.4.4: Mesh Slings
3.4.5: Others
3.5: Global Medical Lifting Sling Market by Usage Type
3.5.1: Disposable Slings
3.5.2: Reusable Slings
3.6: Global Medical Lifting Sling Market by End Use
3.6.1: Home Care Facilities
3.6.2: Hospitals
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Medical Lifting Sling Market by Region
4.2: North American Medical Lifting Sling Market
4.2.1: North American Medical Lifting Sling Market by Product: Standing Slings, Seating Slings, Universal Slings, Bariatric Slings, Transfer Sheets, and Others
4.2.2: North American Medical Lifting Sling Market by End Use: Home Care Facilities, Hospitals, and Others
4.3: European Medical Lifting Sling Market
4.3.1: European Medical Lifting Sling Market by Product: Standing Slings, Seating Slings, Universal Slings, Bariatric Slings, Transfer Sheets, and Others
4.3.2: European Medical Lifting Sling Market by End Use: Home Care Facilities, Hospitals, and Others
4.4: APAC Medical Lifting Sling Market
4.4.1: APAC Medical Lifting Sling Market by Product: Standing Slings, Seating Slings, Universal Slings, Bariatric Slings, Transfer Sheets, and Others
4.4.2: APAC Medical Lifting Sling Market by End Use: Home Care Facilities, Hospitals, and Others
4.5: ROW Medical Lifting Sling Market
4.5.1: ROW Medical Lifting Sling Market by Product: Standing Slings, Seating Slings, Universal Slings, Bariatric Slings, Transfer Sheets, and Others
4.5.2: ROW Medical Lifting Sling Market by End Use: Home Care Facilities, Hospitals, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Medical Lifting Sling Market by Product
6.1.2: Growth Opportunities for the Global Medical Lifting Sling Market by Material
6.1.3: Growth Opportunities for the Global Medical Lifting Sling Market by Usage Type
6.1.4: Growth Opportunities for the Global Medical Lifting Sling Market by End Use
6.1.5: Growth Opportunities for the Global Medical Lifting Sling Market by Region
6.2: Emerging Trends in the Global Medical Lifting Sling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Medical Lifting Sling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Medical Lifting Sling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ARJO ?
7.2: Bestcare
7.3: Drive DeVilbiss Healthcare
7.4: GF health products
7.5: Guldmann
7.6: Hill-Rom Services
7.7: Invacare ??
7.8: Medline Industries
7.9: Prism Medical
7.10: Sunrise Medical

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ARJO ?
  • Bestcare
  • Drive DeVilbiss Healthcare
  • GF health products
  • Guldmann
  • Hill-Rom Services
  • Invacare ??
  • Medline Industries
  • Prism Medical
  • Sunrise Medical

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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