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Medical Lifting Sling Market Trends and Forecast

The future of the global medical lifting sling market looks promising with opportunities in home care, hospitals, and elderly care facilities. The global medical lifting sling market is expected to reach an estimated $1.5 billion by 2028 with a CAGR of 10.2% from 2023 to 2028. The major drivers for this market are increasing healthcare facilities, aging population, increasing incidences of lifestyle diseases, and high recovery cost of injuries.
Medical Lifting Sling Market by Product, Material, and Usage, End Use
 

Emerging Trends in Medical Lifting Sling Market

Emerging trends, which have direct impact on the dynamics of the industry, include introduction of clip slings and evolution of foam padding universal slings.
A total of 196 figures / charts and 155 tables are provided in this 244-page report to help in your business decisions. Sample figures with some insights are shown below. 
Medical Lifting Sling Market by Segments
 

Medical Lifting Sling Market by Segment

In this market, Hospitals is the largest by end use, and  Nylon is the largest by material segment. Growth in various segments of the medical lifting sling market are shown in the figure below.
The study includes trends and forecast for the medical lifting sling market by product, material, usage, end use, and region as follows:

Medical Lifting Sling Market by Product [Value ($ Million) and Volume (Thousand Units) from 2017 – 2028]:

  • Universal Slings
  • Transfer Slings
  • Hammock Slings
  • Standing Slings
  • Seating Slings
  • Toilet Slings
  • Bariatric Slings
  • Other Slings

Medical Lifting Sling Market by Material [Value ($ Million) and Volume (Thousand Units) from 2017 – 2028]:

  • Nylon
  • Padded
  • Mesh
  • Canvas
  • Others

Medical Lifting Sling Market by Usage [Value ($ Million) from 2017 – 2028]:

Medical Lifting Sling Market by End Use [Value ($ Million) from 2017 – 2028]:

Medical Lifting Sling Market by Region [Value ($ Million) and Volume (Thousand Units) from 2017 – 2028]:

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 to 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-

Medical Lifting Sling Market Insights

  • 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.
  • 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.

Features of Medical Lifting Sling Market

  • Market Size Estimates: Medical lifting sling market size estimation in terms of value ($M) and volume (thousand units) shipment.
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Medical lifting sling market size by various segments, such as product, material, usage, and end use.
  • Regional Analysis: Medical lifting sling market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product, material, usage, and regions for medical lifting sling market.
  • Strategic Analysis: This includes M&A and competitive landscape for the medical lifting sling.
  • 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 $1.5 billion by 2028.
Q2. What is the growth forecast for medical lifting sling market?
Answer: The medical lifting sling market is expected to grow at a CAGR of 10.2% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the medical lifting sling market?
Answer: The major drivers for this market are increasing healthcare facilities, aging population, increasing incidences of lifestyle diseases, and high recovery cost of injuries.
Q4. What are the major end uses or applications for the medical lifting sling market?
Answer: Home care facilities, hospitals, and elderly care facilities are the major types of medical lifting slings.
Q5. What are the emerging trends in medical lifting sling market?
Answer: Emerging trends, which have direct impact on the dynamics of the industry, include introduction of clip slings and evolution of foam padding universal slings.
Q6. Who are the key medical lifting sling companies?
Answer: Some of the key medical lifting sling companies are as follows:
  • Hill-Rom Holdings
  • Handicare Group
  • Invacare Corporation
  • ArjoHuntleigh
  • Guldmann
Q7.Which will be the largest product segment of the medical lifting sling market in the future?
Answer: Lucintel forecasts that transfer slings will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to its multipurpose usage.
Q8. In medical lifting sling market, which region is expected to be the largest in the next five years?
Answer: North America is expected to be the largest region over the next five years.
Q9. 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 potential, 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 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the medical lifting sling market?
Q.5 What are the business risks and threats to the medical lifting sling market?
Q.6 What are the emerging trends in this medical lifting sling market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical lifting sling market?
Q.8 What are the new developments in the medical lifting sling market? Which companies are leading these developments?
Q.9 Who are the major players in the medical lifting sling market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the medical lifting sling market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the medical lifting sling market?
 
For any questions related to medical lifting sling market or related to medical sling manufacture, sling market, medical sling companies, medical sling market size, sling market size, sling market trends, medical lift market research, medical lifting sling manufacturer, medical sling market, medical sling manufacturer, medical lifting systems market, sling market research, write Lucintel analyst at email: helpdesk@lucintel.com  we will be glad to get back to you soon.
Table of Contents
 
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications       
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends and Forecast
3.2: Global Medical Lifting Sling Market
3.3: Global Medical Lifting Sling Market by Product
3.3.1: Universal Slings
3.3.2: Transfer Slings                                                                                           
3.3.3: Hammock Slings
3.3.4: Standing Slings                                                                                
3.3.5: Seating Slings
3.3.6: Toilet Slings                                                                                
3.3.7: Bariatric Slings  
3.3.8: Other Slings                                        
3.4: Global Medical Lifting Sling Market by Material 
3.4.1: Nylon
3.4.2: Padded
3.4.3: Mesh
3.4.2: Canvas
3.4.3: Others
3.5: Global Medical Lifting Sling Market by Usage
3.5.1: Reusable                                                  
3.5.2: Disposable                                                                                                                                    
3.6: Global Medical Lifting Sling Market by End Use        
3.6.1: Home Care Facilities                                                  
3.6.2: Hospitals
3.6.3: Elderly Care Facilities                                                  
3.6.4: Other End Uses
                   
4. Market Trends and Forecast Analysis by Region                                                     
4.1: Global Medical Lifting Sling Market by Region  
4.2: North American Medical Lifting Sling Market   
4.2.1: Market by Product: Universal Slings, Transfer Slings, Hammock Slings, Standing Slings, Seating Slings, Toilet Slings, Bariatric Slings, and Others                        
4.2.2: Market by Material: Nylon, Padded, Mesh, Canvas, and Others
4.2.3: Market by Usage: Reusable and Disposable                                                                                           
4.2.4: Market by End Use: Home Care Facilities, Hospitals, Elderly Care Facilities, and Other End Uses                                                                                                     
4.2.5: The United States Medical Lifting Sling Market                          
4.2.6: The Canadian Medical Lifting Sling Market                                 
4.2.7: The Mexican Medical Lifting Sling Market                                   
4.3: European Medical Lifting Sling Market
4.3.1: Market by Product: Universal Slings, Transfer Slings, Hammock Slings, Standing Slings, Seating Slings, Toilet Slings, Bariatric Slings, and Others                        
4.3.2: Market by Material: Nylon, Padded, Mesh, Canvas, and Others
4.3.3: Market by Usage: Reusable and Disposable                                                                                           
4.3.4: Market by End Use: Home Care Facilities, Hospitals, Elderly Care Facilities, and Other End Uses                                                                                                     
4.3.5: The United Kingdom Medical Lifting Sling Market                     
4.3.6: The Spanish Medical Lifting Sling Market   
4.3.7: The German Medical Lifting Sling Market                                   
4.3.8: The French Medical Lifting Sling Market                                                            
4.4: APAC Medical Lifting Sling Market                                                         
4.4.1: Market by Product: Universal Slings, Transfer Slings, Hammock Slings, Standing Slings, Seating Slings, Toilet Slings, Bariatric Slings, and Others                        
4.4.2: Market by Material: Nylon, Padded, Mesh, Canvas, and Others
4.4.3: Market by Usage: Reusable and Disposable                                                                                           
4.4.4: Market by End Use: Home Care Facilities, Hospitals, Elderly Care Facilities, and Other End Uses                                                                                                     
4.4.5: The Chinese Medical Lifting Sling Market 
4.4.6: The Japanese Medical Lifting Sling Market                                                                   
4.4.7: The Indian Medical Lifting Sling Market                                      
4.5: ROW Medical Lifting Sling Market                                             
4.5.1: Market by Product: Universal Slings, Transfer Slings, Hammock Slings, Standing Slings, Seating Slings, Toilet Slings, Bariatric Slings, and Others                        
4.5.2: Market by Material: Nylon, Padded, Mesh, Canvas, and Others
4.5.3: Market by Usage: Reusable and Disposable                                                                                           
4.5.4: Market by End Use: Home Care Facilities, Hospitals, Elderly Care Facilities, and Other End Uses                                                                                                     
4.5.5: Brazilian Medical Lifting Sling Market 
4.5.6: South African Medical Lifting Sling Market    
                                                                           
5. Competitor Analysis                                                                                                       
5.1: Market Share Analysis                                                                                                 
5.2: Service Portfolio Analysis                                                                                           
5.3: Operational Integration                                                                                       
5.4: Geographical Reach                                                                                             
5.5: Porter’s Five Forces Analysis  
                                                                        
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis                                                                          
6.1.1: Growth Opportunities for the Global Medical Lifting Sling Market by Product
6.1.2: Growth Opportunities for the Global Medical Lifting Sling Market by Material
6.1.3: Growth Opportunities for the Global Medical Lifting Sling Market by Usage
6.1.4: Growth Opportunities for the Global Medical Lifting Sling Market by End Use                                                                                                      
6.1.5: Growth Opportunities for the Global Medical Lifting Sling Market by Region                                                                                                          
6.2: Emerging Trends in the Global Medical Lifting Sling Market              
6.3: Strategic Analysis                                                                                              
6.3.1: New Product Development 
6.3.2: Mergers, Acquisitions, and Joint Ventures in the Global Medical Lifting Sling  Market      
                                                                                                                                                              
7. Company Profiles of Leading Players
7.1: ArjoHuntleigh, Inc.
7.2: Hill-Rom Holdings Inc.
7.3  Guldmann
7.4: Invacare Corporation
7.5: Prism Medical Ltd
7.6: Bestcare, LLC
7.7: HoverTech International
7.8: Handicare Group AB
7.9: Vancare 
7.10: Osprey Sling Company
 

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196 figures/charts and 155 tables are provided in this 285 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.