The global medical lifting sling market is projected to reach $1.1 billion by 2026, at a CAGR of 9.6% during 2020-2026. The growth of medical lifting sling market is driven by increasing healthcare facilities, aging population, increasing incidences of lifestyle diseases, and high recovery cost of injuries.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the medical lifting sling market
by product (universal slings, transfer slings, hammock slings, standing slings,
seating slings, toilet slings, bariatric slings, and other slings), material
(nylon, padded, mesh, canvas, and others), usage (reusable and disposable), end
user (home care facilities, hospitals, elderly care facilities, and other end
users), 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 What are the
business risks and threats to the medical lifting sling market?
Q.4 What are some
changing demands of customers in the medical lifting sling market?
Q.5 What are the new
developments in the medical lifting sling market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this medical lifting sling area and how
big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this medical lifting sling market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include introduction of
clip slings and evolution of foam padding universal slings.
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Market Segmentation:
Based on product, the medical
lifting sling market is segmented into universal slings, transfer slings,
hammock slings, standing slings, seating slings, toilet slings, bariatric
slings, and other slings. The transfer slings segment accounted for the largest
share of the market in 2020 and is expected to register the highest CAGR during
the forecast period, due to its multipurpose usage.
North America is
expected to be the largest region over the forecast period due to increasing
elderly population and rising cases of lifestyle diseases such as diabetes and
cardiovascular diseases.
Key Players in the medical
lifting sling market are Hill-Rom Holdings, Handicare Group, Invacare
Corporation, ArjoHuntleigh, and Guldmann.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers, restraints,
challenges, and opportunities for market growth. It would also help to
understand the competitors better and gain more insights to improve their
position in the business.
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Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
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