Medical Lifting Slings Market Projected to Reach $1,412.4 Million by 2030

Allied Market Research recently released an in-depth and exclusive report on the Medical Lifting Slings Market. According to the study, the industry is anticipated to reach a revenue of $1,412.4 million by 2030, indicating a significant increase from $560.2 million in 2020. This represents a remarkable CAGR of 9.6% during the forecast period from 2021 to 2030. The research study offers both quantitative and qualitative analysis of market trends, key investment opportunities, segmentation, regional analysis, and the competitive landscape to help businesses and stakeholders identify highly profitable growth opportunities.

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Key Takeaway:

• Based on product, the global medical lifting slings market is segmented into universal slings, bariatric slings, seating slings, hammock slings, toilet slings, standing slings, transfer slings, and others.
• The universal slings segment held the highest market share in 2020 and is expected to continue dominating with the fastest CAGR from 2021 to 2030.
• Region-wise, North America maintained the largest market share in 2020, while the Asia-Pacific region is predicted to experience the strongest CAGR during the forecast period.

Industry Dynamics Analysis

The global medical lifting slings market report highlights key factors influencing industry growth, including drivers, restraints, and opportunities. Factors such as an increasing geriatric population, a growth in the prevalence of mobility disorders and obesity, and a rise in the number of key manufacturers producing medical lifting slings are driving industry growth. However, the shortage of trained professionals who can effectively handle medical lifting slings has hampered the industry’s growth to some extent. Moreover, growth in the development of healthcare infrastructure creates new avenues for market growth in the coming years.

Recent Developments Transforming the Landscape of Medical Lifting Slings

Medical lifting slings, essential for transferring patients with mobility issues, are experiencing significant developments aimed at improving patient care and caregiver efficiency. One notable trend influencing the future of these slings is the integration of smart technologies. These slings are now equipped with sensors and monitoring devices that offer real-time information on patient positioning, weight distribution, and even vital signs. These technological advancements ensure safer transfers and allow healthcare professionals to constantly monitor patient well-being, accelerating proactive interventions and improving outcomes.

Moreover, advancements in the materials used for making slings are incredible. These include advanced fabrics that are more durable, flexible and have antimicrobial properties, ensuring patient comfort while maintaining hygiene standards. The design of slings is also evolving to cater to the diverse needs of different patients. There is a shift toward custom-made slings that can fit various body shapes and sizes, promoting inclusivity in healthcare environments.

In addition, sustainability is becoming a key factor. An increasing number of producers are choosing to use eco-friendly materials and production methods, aligning with global initiatives aimed at protecting the environment. These developments indicate a future where medical lifting slings assist in safe patient handling while also contributing to improved patient outcomes, increased comfort, and the promotion of sustainability in healthcare delivery.

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Segmentation Analysis

Product

• Universal Slings:

These slings are versatile and can cater to a variety of patient’s needs during transfers. They usually feature several attachment points and adjustable straps to provide the best positioning and possible support.

• Transfer Slings:

Specially designed for transferring patients from one surface to another, such as from a bed to a wheelchair or vice versa, these slings are invented with a focus on simplicity and patient comfort, while also ensuring that transfers are done safely.

• Hammock Slings:

These slings, similar to hammocks, are ideal for patients with limited mobility or those needing full-body support. They evenly distribute the patient’s weight, reducing pressure points and enhancing comfort during transfers.

• Standing Slings:

These slings are designed to help patients transition from a seated or reclined position to standing by supporting the upper body and thighs. In addition, they aid in maintaining correct alignment and evenly distributing weight, ensuring a safe and comfortable standing experience.

• Seating Slings:

These slings are specifically created to assist patients while sitting, with a focus on providing both comfort and stability. They often feature cushioned fabric and adjustable straps to maintain the correct position and prevent sliding during use.

• Toilet Slings:

Designed with the specific purpose of helping patients with toileting tasks, these specialized slings are expertly created to offer maximum support and steadiness during the process of moving onto or from a toilet or commode chair. With a unique open design, they ensure ease of access for individuals.

• Bariatric Slings:

Bariatric slings are specially designed to support heavier patients, with increased strength and weight capacities compared to standard slings. They prioritize safety and durability, providing a secure and comfortable transfer experience.

• Others:

This segment includes specialized slings that meet unique patient needs or address specific medical requirements. These can include amputee slings, pediatric slings, or slings specifically made for use during certain medical treatments.

Usage Type

• Reusable Slings:

Reusable slings, designed for long-term use, offer durability and affordability. They are made of top-quality materials, allowing for repeated healthcare washing and sterilization without compromising safety and hygiene.

• Disposable Slings:

Single-use disposable slings offer both convenience and infection control benefits. Made from lightweight materials, these slings are disposed of after each patient’s use, making them a common choice in infection-controlled or efficiency-focused environments.

Distribution Channel

• Home Care Facilities:

These are specially designed for individuals who require assistance with daily tasks in their homes. Medical lifting slings are distributed through home care facilities to help caregivers safely transfer patients from beds to chairs and back into a home environment.

• Hospitals:

Hospitals play an important role in distributing medical lifting slings to support patients with limited mobility while receiving medical treatment. They ensure that patients are provided with the necessary lifting equipment for safe and efficient transfers, reducing the risk of injuries for patients and healthcare professionals.

• Elderly Care Facilities:

In elderly care facilities, medical lifting slings are essential for aiding mobility-challenged residents. These facilities offer slings to help residents safely and comfortably move while maintaining their independence.

• Others:

This category encompasses medical equipment suppliers, online stores, and other distributors catering to various healthcare facilities, such as rehabilitation centers, nursing homes, and outpatient clinics. They play a key role in providing medical lifting slings to meet the diverse needs of patients across different healthcare environments.

Regional Analysis:

The global medical lifting slings industry is examined across key regions, including North America, Europe, LAMEA, and Asia-Pacific, offering valuable insights for companies. Understanding regional differences enables businesses to reduce uncertainties in the market, tailor their strategies to different customer segments, and make informed decisions to successfully penetrate markets. In the industry, the North America region garnered the highest market share in terms of revenue in 2020. This is due to the increasing number of obese individuals, the presence of major companies, and advancements in technology for developing innovative medical lifting slings.

However, the Asia-Pacific region is expected to exhibit the fastest CAGR of 10.5% during the forecast period. This is attributed to the growth in the geriatric population, increasing demand for home healthcare services, rising cases of neuromuscular disorders, advancements in healthcare facilities, and an increase in accidents.

Leading Players:

• Hill-Rom Holdings
• Invacare Corporation
• Stryker Corporation
• Getinge Group (Arjohuntleigh)
• Joerns Healthcare
• Prism Medical
• Etac AB
• Guldmann
• Handicare
• Silvalea

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Key Questions Addressed in the Report

• What are the most recent developments in the medical lifting slings industry, and how successful are they?
• What are the key factors that affect the growth of the market?
• What is the projected market size of the industry in 2030?
• What strategies do major market players utilize in various regions?
• Who are the top suppliers in the global market landscape across various industries?

What sets Allied Market Research apart from its competitors?

• Offer customized reports based on the specifications of the customer
• Identify potential opportunities in the industry
• Highlight the latest technological advancements
• Provide an assessment of the value chain
• Ensure quality assurance
• Keep reports continuously updated

The Allied Market Research report on the Medical Lifting Slings Market provides essential knowledge for stakeholders driving this ever-evolving landscape. Offering thorough analysis enables strategic decision-making and promotes innovation in the domain.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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