Global Medical Lifting Sling Market products (transfer slings, standing slings, toileting slings, universal slings, hammock slings, seating slings, and other slings.), by materials (nylon, canvas, padded, mesh, and other materials.), by usage types (reusable, and disposable.), by end-user (hospitals, elderly care facilities, home care facilities, and other end users.), and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to reach US$ 503.2 Mn by 2026, at a CAGR of 12.47 % during a forecast period.
The major driving factor of the global medical lifting sling market are growing lifestyle oriented diseases in the emerging economies, growing number of aging patients, economic benefits associated with medical lifting sling devices, growing government healthcare expenditure, the surge in research and development, and technological advancement and innovation.
Food and drug administration regulations & compliances, and cost of medical lifting slings are the major factors hindering the medical lifting sling market growth.
North America is expected to hold the largest share during the forecast period.
North America is expected to hold the largest share during the forecast period due to growing lifestyle oriented diseases, increasing healthcare spending and technological advancement. According to WHO, the prevalence of CVD, CHD, hypertension stroke and other heart diseases is growing in North America is resulting in an increased demand for medical lifting slings. However, providing cardiology treatment and surgeries in urban and rural regions are still a challenge to North America and other countries.
The reluctance of patients to use lifting slings.
Patients are reluctant to use lifting slings due to the fear of falling. Also, an infection caused by repetitive use of the sling is worrisome in many hospitals. Proper awareness about lifting slings must be spread among users so that they can better understand lifting sling. This, along with factors, such as difficulty in using a lifting sling in overweight patients and lack of skilled personnel in the safe handling of patients, is restraining the market growth.
Key player operating in the global medical lifting sling market are Etac AB, Prism Medical Ltd., Spectra Care Group, Guldmann Inc., Argo Medical, Invacare Corporation, GF health products Inc, Hill-Rom Holdings Inc., Winncare Group, Human Care Group, Joerns Healthcare, Cortland Inc., DJO Global, Osprey Sling Company Limited, ArjoHuntleigh Inc., Handicare International, Antano Group Srl, Drive Medical, Pelican Group, and Ergolet.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global Medical Lifting Sling Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making the informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global Medical Lifting Sling Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global Medical Lifting Sling Market positioning of competitors.
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