Global Medical Lifting Slings Market - 2022-2029

Global Medical Lifting Slings Market - 2022-2029

Market Overview

The global medical lifting slings market size was valued at US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Medical lifting sling is a device that allows patients in hospitals and nursing homes and persons receiving home treatment to be transported from a bed to a chair or other comparable resting area. These are transportable devices that aid in the safe lifting of frail, obese, or incapacitated patients.

Market Dynamics

The rising frequency of chronic diseases necessitating long-term patient care is expected to increase the use of medical lifting slings.This market's target demographic is the geriatric population. This population is predisposed to age-related illnesses, resulting in immobility in patients in some situations. Furthermore, establishing aged care centers and long-term care facilities exclusively for geriatric patients creates new opportunities for market participants.

Increasing prevalence of neuromuscular disorders will drive the market growth

The medical lifting slings market is expected to increase rapidly as the senior population grows, lifestyle diseases become more prevalent, the number of people suffering from neuromuscular disorders rises, and methods to prevent overexertion in personnel handling patients become more prevalent.

Because of lower birth rates and longer life expectancies, the global population has been rapidly aging. In the next 15 years, the number of elderly individuals is expected to rise by approximately 60%. The total number of persons over 65 is predicted to exceed a billion by 2030, implying that the geriatric population may account for 12% of the world population. By 2050, this figure is expected to exceed 1.6 billion, accounting for 16.7% of the global population.

As a result, the aging population and increased prevalence of chronic diseases have led to longer hospital stays, which may enhance demand for medical lifting slings over the projection period.Furthermore, there is a considerable danger of cross-infection with reused slings, which has hampered the market's growth throughout the projection period.

The global medical lifting slings market is being driven primarily by an increase in the prevalence of neuromuscular disorder diseases such as Parkinson's disease and spinal muscular atrophy; an increase in the incidences of muscular disorder; an increase in demand for universal slings; an increase in funding from private and government organizations for the development of various healthcare sectors; and advancements in medical lifting slings technologies. According to the National Organization for Rare Disorders, approximately one in every 3500 males is diagnosed with Duchenne muscular dystrophy. Duchenne muscular dystrophy is characterized by the wasting of muscles in the pelvic area, followed by the wasting of muscles in the shoulder. According to the International Osteoporosis Foundation, one in every five men and one in every three women over the age of 50 will develop osteoporotic fractures. Similarly, the World Health Organization (WHO) projected in 2021 that roughly 2.8 million people would die each year due to being overweight. Furthermore, a boost in the number of modern home care facilities and increased demand for patient lifting drive market expansion. For example, the Mayo Clinic, a non-profit American academic medical facility, announced the debut of advanced care at home in June 2020, intending to provide patients with complete, innovative, and sophisticated care.

In addition, technological developments in the manufacturing of medical slings and an increase in healthcare spending drive market expansion. Guldmann, for example, announced the release of a new sling strap with smart loop technology. The slings are intended to improve comfort while reducing shearing pressures. When removing sling straps from patients, caregivers exert less effort. These factors are likely to boost the medical lifting slings market.

COVID-19 Impact Analysis

The COVID-19 epidemic is expected to impact the worldwide medical lifting slings market growth positively. The rising number of COVID-19 cases and the growing demand for ventilator support have highlighted the importance of having the correct tools and supporting aids during one's hospital stay. The World Health Organization's (WHO) guidelines for COVID-19 patient treatment emphasize disposable medical lifting slings and associated equipment.

Segment Analysis

The hospital segment is expected to grow at the fastest CAGR during the forecast period (2022-2029)

The hospital segment dominates the worldwide medical lifting slings market, and it is predicted to develop gradually over the forecast period. People with neuromuscular illnesses typically have reduced movement capacity and require ongoing support for any movement. In homes and hospitals, they are the principal users of lifting slings. As a result, an increase in the number of neuromuscular patients who may require lifting slings for optimal movement is predicted to raise the market under consideration.

Geographical Analysis

Europe region holds the largest market share of the global medical lifting slings market

The rise in obesity prevalence, an older population, and an increase in accidents and injuries are the primary drivers driving the growth of the European medical lifting slings market. Furthermore, because the country has a well-established healthcare system, the market under consideration has seen tremendous expansion.

According to the Organization for Economic Cooperation and Development, the United Kingdom has the greatest number of recorded obese cases in Western Europe. According to the 2017 Health Survey for England, approximately 28.7 percent of adults in England are obese, with 35.6 percent being overweight but not obese. Overweight or obese people are most likely to be between 65 and 74.

In 2016, 3,214 persons were killed in car accidents in Germany, according to the Federal Statistics Office (Destatis). While 2.6 million occurrences were registered in Germany, with approximately 308,200 of those accidents resulting in deaths or injuries, the overall number of traffic injuries in 2016 increased by 0.8 percent to 396,700, a critical component of the market's growth.

Competitive Landscape

The medical lifting slings market is highly competitive presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Bestcare LLC, Prism Medical Ltd, Invacare Corporation, GF health products Inc, Arjo, Hill-Rom Holdings Inc, Guldmann Inc, Stryker, Joerns Healthcare LLC, Silvalea, among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the medical lifting slings market globally. For instance, In March 2019, Birdie EVO Compact, a new product from Invacare Corporation, has been added to the Birdie mobile hoist line. The newly released items are designed to elevate patients from their chairs, beds, and the ground.

GF Health Products Inc

Overview:

GF Health Goods, Inc. ( Graham-Field ) is a global leader in manufacturing medical products for the health care business. Graham-Field provides nearly 50,000 items utilized in hospitals, long-term care facilities, clinics, and for those receiving home care.

Product Portfolio:

Surelift: When transferring a resident from a seated position, universal slings (also known as divided leg slings) are the most convenient sling to employ. These may also be used to lift from a supine posture, making them appropriate for the majority of lifting circumstances. They are a simple, all-purpose sling suitable for the majority of users. They can be used to shift from a bed to a chair, wheelchair, or toilet, or from a chair to the floor.

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Visualize the composition of the global medical lifting slings market segmentation by product, material, usage type, end user, and region highlighting the key commercial assets and players.

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Excel data sheet with thousands of data points of global medical lifting slings market-level 4/5 segmentation.

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Target Audience

Service Providers/ Buyers

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals

Emerging Companies

Manufacturers

Market Segmentation

Global Medical Lifting Slings Market– By Product

Standing Slings

Slating Slings

Universal Sling

Bariatric Slings

Transfer Sheets

Others

Global Medical Lifting Slings Market- By Material

Nylon Slings

Padded Slings

Canvas Slings

Mesh Slings

Others

Global Medical Lifting Slings Market- By Usage Type

Disposable Slings

Reusable Slings

Global Medical Lifting Slings Market– By End User

Home Care Facilities

Hospitals

Others

Global Medical Lifting Slings Market- By Region

North America

Europe

Asia-Pacific

Middle East & Africa

South America


1. Global Medical Lifting Slings Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Medical Lifting Slings Market-Market Definition and Overview
3. Global Medical Lifting Slings Market– Executive Summary
3.1. Market Snippet By Product
3.2. Market snippet By Material
3.3. Market snippet By Usage Type
3.4. Market Snippet By End User
3.5. Market Snippet by Region
4. Global Medical Lifting Slings Market-Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing convenience for patients/people with lift slings
4.1.1.2. Rising Prevalence of Neuromuscular Disorders
4.1.2. Restraints:
4.1.2.1. Patients' reluctance to use lifting slings.
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Global Medical Lifting Slings Market– Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Regulatory Analysis
6. Global Medical Lifting Slings Market– COVID-19 Analysis
6.1. Analysis of Covid-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid Covid-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Medical Lifting Slings Market– By Product
7.1. Introduction
7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Segment
7.1.2. Market Attractiveness Index, By Product Segment
7.2. Standing Slings*
7.2.1. Introduction
7.2.2. Market Size Analysis, US$ Million, 2020-2029 and Y-o-Y Growth Analysis (%), 2021-2029
7.3. Slating Slings
7.4. Universal Slings
7.5. Bariatric Slings
7.6. Transfer Sheets
7.7. Others
8. Global Medical Lifting Slings Market– By Material
8.1. Introduction
8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
8.1.2. Market Attractiveness Index, By Material
8.2. Nylon Slings*
8.2.1. Introduction
8.2.2. Market Size Analysis, US$ Million, 2020-2029 and Y-o-Y Growth Analysis (%), 2021-2029
8.3. Padded Slings
8.4. Canvas Slings
8.5. Mesh Slings
8.6. Others
9. Global Medical Lifting Slings Market– By Usage Type
9.1. Introduction
9.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
9.1.2. Market Attractiveness Index, By Usage Type
9.2. Disposable Slings*
9.2.1. Introduction
9.2.2. Market Size Analysis, US$ Million, 2020-2029 and Y-o-Y Growth Analysis (%), 2021-2029
9.3. Reusable Slings
10. Global Medical Lifting Slings Market– By End User
10.1. Introduction
10.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
10.1.2. Market Attractiveness Index, By End User Segment
10.2. Hospital*
10.2.1. Introduction
10.2.2. Market Size Analysis, US$ Million, 2020-2029 and Y-o-Y Growth Analysis (%), 2021-2029
10.3. Home Care Facilities
10.4. Others
11. Global Medical Lifting Slings Market– By Region
11.1. Introduction
11.1.1. Market Size Analysis, US$ Million, 2020-2029 and Y-o-Y Growth Analysis (%), 2021-2029, By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
11.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
11.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
11.2.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
11.2.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. The U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
11.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
11.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
11.3.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
11.3.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. U.K.
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Spain
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
11.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
11.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
11.4.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
11.4.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
11.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
11.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
11.5.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
11.5.7. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. Australia
11.5.7.5. Rest of Asia Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
11.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Material
11.6.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Usage Type
11.6.6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End User
12. Global Medical Lifting Slings Market– Competitive Landscape
12.1. Key Developments and Strategies
12.2. Company Share Analysis
12.3. Product Benchmarking
13. Global Medical Lifting Slings Market- Company Profiles
13.1. GF Health Products Inc*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Key Highlights
13.1.4. Financial Overview
13.2. Bestcare LLC
13.3. Prism Medical Ltd
13.4. Invacare Corporation
13.5. Arjo
13.6. Hill-Rom Holdings Inc
13.7. Guldmann Inc
13.8. Stryker
13.9. Joerns Healthcare LLC
13.10. Silvalea
LIST NOT EXHAUSTIVE
14. Global Medical Lifting Slings Market– DataM
14.1. Appendix
14.2. About Us and Services
14.3. Contact Us

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