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Friday, March 29, 2024

Lucintel Forecasts Medical Lifting Sling Market to Reach $2 Billion by 2030

According to the recent study the medical lifting sling market is projected to reach an estimated $2 billion by 2030 at a CAGR of 8.6% from 2024 to 2030. Growth in this market is primarily driven by increasing healthcare facilities, aging population, increasing incidences of lifestyle diseases, and high recovery cost of injuries.

Browse 196 figures/charts and 155 tables in this 244-page report to understand trends, opportunities and forecast in 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 use (home care facilities, hospitals, elderly care facilities, and other end uses), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that transfer slings will remain the largest product segment, and it is also expected to witness the highest growth over the forecast period due to its multipurpose usage.

Within this market, the nylon segment is expected to witness the highest growth over the forecast period due to greater durability, reusability, and their availability in multiple shapes and sizes.

Download sample by clicking on medical lifting sling market

North America will remain the largest region over the forecast period due to increasing elderly population and rising cases of lifestyle diseases, such as diabetes and cardiovascular diseases.

Hill-Rom Holdings, Handicare Group, Invacare Corporation, ArjoHuntleigh, and Guldmann are the major suppliers in the medical lifting sling providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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