Medical Lifting Sling Market Report: Trends, Forecast and Competitive Analysis to 2030
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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
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
Lucintel 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: Lucintel 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, Lucintel provides 10% customization without any additional cost.
This report answers 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?