Harnessing Potential: The Momentum of the Medical Lifting Slings...

Harnessing Potential: The Momentum of the Medical Lifting Slings Market

Posted 2024-05-02 18:44:10

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Fact.MR, a leader of market research and competitive information, forecasts that the global Medical Lifting Slings Market is expected to grow fast, with a compound annual growth rate (CAGR) of 10.5% from 2023 to 2033. The market is currently estimated at US$ 1.14 billion.

Medical lifting slings are also known as patient lifting slings, Hoyer lift slings, and patient transfer slings. A medical lifting sling is used to lift and move patients who have difficulty moving around. It is placed below the patient and looped around them. A medical lift sling is an apparatus used to provide support to patients as they undergo medical care in a hospital or other healthcare setting. There are several different types of patient slings, such as split-leg, full-body, and universal slings. When applied correctly, they provide a number of benefits. such as the lowered risk of damage to patients and caregivers.

Medical patient transfer slings are made up of nylon, mesh, and many other components, with a hydraulic lift, and are readily accessible in stores in the shape of a U or C. They are patient-friendly and simple to use. Rising prevalence of chronic disorders, the increasing number of senior population (as they are more prone to several disorders), and growing developments in healthcare infrastructure across the globe are boosting the medical lifting slings market growth quickly.

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Patient transfer slings are developing rapidly, but in several regions, it is seen that many caregivers are unaware of the functioning of technologically improved slings, which may hamper sales growth to some extent. North America and Europe are holding a strong position in the global medical lifting slings market. Asia Pacific market is expected to grow at the fastest pace during the forecast period.

Key Takeaways from Market Study

The global medical lifting slings market is projected to reach a valuation of US$ 3.11 billion by 2033.
China’s market is predicted to expand at a CAGR of 10% during the projected period (2023-2033).
Sales of medical lifting slings in Japan are expected to increase at a CAGR of 9.5% during the forecast period.
Demand for universal slings is predicted to rise at a CAGR of 11.5% during the next 10 years.

“Rapidly increasing cases of traffic accidents across the world are boosting the demand for medical lifting slings,” says a Fact.MR analyst.

Segments of Medical Lifting Slings Industry Research

By Product :

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

By Material :

Nylon Slings
Padded Slings
Canvas Slings
Mesh Slings

By Usage :

Reusable Slings
Disposable Slings
Full Body Slings
U-shape Slings

By End User :

Hospitals
Home Care
Elderly Care Facilities

By Region :

North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

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Winning Strategy

Some of the key manufacturers of medical lifting slings are Arjo AB, ArjoHuntleigh, Inc., Bestcare, LLC, DJO Global, Inc., Drive Medical, GF Health Products, Inc., Guldmann Inc., Hill-Rom Holdings, Inc., Invacare Corporation, and Prism Medical Ltd. To increase their product offerings and sales revenue, several major market participants are introducing cutting-edge designs with advanced technologies.

Guldmann announced the introduction of a new sling strap using cutting-edge smart loop technology. The slings' design reduces shearing pressures while boosting comfort.
Invacare Corporation, a well-known brand of patient lifting equipment, announced the launch of a cutting-edge patient lift solution for the American market in May 2022. The innovative patient lifting technology in the BirdieTM Evo XPLUS ensures the patient's optimal comfort and safety when being transferred from a chair, the floor, or a bed.

AmeriGlide, a reputable stair lift manufacturer, announced the introduction of the AmeriGlide UP Stair Lift in July 2021. To ensure the highest level of safety when utilising it, the new stair lift is outfitted with advanced technologies.

Key Companies Profiled

Arjo AB
ArjoHuntleigh, Inc.
Bestcare, LLC
DJO Global, Inc.
Drive Medical
GF Health Products, Inc.
Guldmann Inc.
Hill-Rom Holdings, Inc.
Invacare Corporation
Prism Medical Ltd.

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More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global medical lifting slings market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.

The study divulges essential insights on the market on the basis of product (universal slings, seating slings, transfer slings, hammock slings, standing slings, bariatric slings, toilet slings), material (nylon slings, padded slings, canvas slings, mesh slings), usage (reusable slings, disposable slings, full body slings, U-shape slings), and end user (hospitals, home care, elderly care facilities), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).