Global Medical Lifting Sling Market By Product (Transfer Slings, Universal Slings, Hammock Slings, Standing Slings, Seating Slings, Toileting Slings, Bariatric Slings, Others Slings) Material (Nylon Slings, Padded Slings, Mesh Slings, Canvas Slings, Other Material) Usage Type (Disposable Slings, Reusable Slings) End User (Hospitals, Home Care Facilities, Elderly Care Facilities, Other End Users), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis: Global Medical Lifting Sling Market
Global medical lifting sling market is set to witness a healthy CAGR of 11.05% in the forecasted period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to aged population government policies and prevalence of life style diseases.
Market Definition: Global Medical Lifting Sling Market
Medical lift sling is a tool which is used to support the patient in the hospital or treatment centers during the time of their treatment. It has a hydraulic lift which is patient friendly as it is very easy to operate. It is made from nylon, mesh and various other components and is commercially available in the stores in the form of U or C. It helps in restricting the mobility the patient, which is very essential in the recovery process of the patients.
- Rapid growth in geriatric population drives the market growth
- Government policies promoting the employment of medical lifting slings is enhancing the market growth
- Increasing prevalence of life style diseases is acting as a catalyst for the market growth
- High recovery price of injuries is propelling the market to grow
- Dearth of skilled training and adequate information necessary to control medical lifting slings is hindering the market growth
- Difficulties in handling weighty patients is restraining the market growth
Segmentation: Global Medical Lifting Sling Market
- Transfer Slings
- Universal Slings
- Hammock Slings
- Standing Slings
- Seating Slings
- Toileting Slings
- Bariatric Slings
- Others Slings
- Nylon Slings
- Padded Slings
- Mesh Slings
- Canvas Slings
- Other Material
By Usage Type
- Disposable Slings
- Reusable Slings
By End User
- Home Care Facilities
- Elderly Care Facilities
- Other End Users
- Emergency Medical Services
- Long-term Acute Care Facilities
- Trauma Centers
- Nursing Homes
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In June 2019, Savaria Corporation acquired the leading manufacturer of patent transfer slings and accessories, Silvalea. The acquisition will provide the sling manufacturing expertise and technical knowhow to accelerate the production of custom slings for the customers of Savaria Corporation. The company will also be able to expand its portfolio of patient lifts and pressure care products along with enhanced quality of the products
- In July 2019, Prism Medical UK acquired the Country Durham Company which is well-established in the manufacturing and supplying of quality sling products. This acquisition aims to expand the product portfolio and service offerings in the market integrating the expert knowledge and skills to its customer base so that it can retain an increased customer satisfaction
Global medical lifting sling market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical lifting sling market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major market competitors currently working in the global medical lifting sling market are PRISM MEDICAL UK, Guldmann, Inc., Invacare Corporation.,GF HEALTH PRODUCTS, INC., Hillrom Services Inc, Groupe WINNCARE, Human Care HC AB, Joerns Healthcare LLC, Cortland Limited, DJO Global, Osprey Sling Company, Arjo. , Handicare Group AB , Antano & Harini, Medical Depot, Inc., The Pelican Group., S, Etac AB, BLUE CHIP MEDICAL , McKesson Specialty Health and others.
Research Methodology: Global Medical Lifting Sling Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technical Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global medical lifting sling market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)