Medical Lifting Slings Market Size By Product, By Usage, By End-User, By Geographic Scope And Forecast


Posted January 22, 2021 by jennysmith22119

Medical Lifting Slings Market was valued at USD 690 Million in 2019 and is projected to reach USD 1,617 Million by 2027, growing at a CAGR of 11.3% from 2020 to 2027.

 
Medical Lifting Slings Market Size And Forecast
The Global Medical Lifting Slings Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Medical Lifting Slings Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Medical Lifting Slings Market was valued at USD 690 Million in 2019 and is projected to reach USD 1,617 Million by 2027, growing at a CAGR of 11.3% from 2020 to 2027.

What is Medical Lifting Sling?
Lifting slings are used to lift the patients who are unable to move from one place to another. They are used to transfer a patient safely from a wheelchair, toilet, or bed using hydraulic or electric power. A patient lift is attached to sling using metal chains, fabric loops, and straps. There are various types of slings like full-body slings, Toilet slings, Split-Leg Slings, and U slings. It helps in eliminating the risk of orthopedic injury to the patient during lifting. Improper use of lifting slings may result in serious injuries to the patient.

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Global Medical Lifting Slings Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

Multipurpose application of the slings is expected to make this market the fastest growing market in the coming years. Rising demand for lifting slings in hospitals due to increased accidents and chronic diseases is projected to fuel the market during the forecast period. Technological advancement in this segment is expected to drive the medical lifting slings market. However, the higher costs of lifting slings can act as a restraining factor for the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Medical Lifting Slings Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Medical Lifting Slings Market Competitive Landscape
The “Global Medical Lifting Slings Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Invacare Corporation, Medline Industries, Inc., Medical Depot, Inc. dba DeVilbiss Healthcare, Bestcare, LLC, DJO Global, Arjo, Prism Medical, NAUSICAA MEDICAL, and Handicare. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Medical Lifting Slings Market, By Product
• Bariatric Slings
• Stand up Slings
• Universal Slings
• Seating Slings
• Hammock Slings Transfer Slings
• Toileting Slings

Medical Lifting Slings Market, By Usage
• Reusable
• Full Body Slings
• Disposable
• Shape – U Shape Slings

Medical Lifting Slings Market, By End-User
• Hospitals
• Nursing Homes
• Home Healthcare
• Assisted Living Facility

Medical Lifting Slings Market, By Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Last Updated January 22, 2021