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The medical lifting sling market size is forecast to increase by USD 337.7 million, at a CAGR of 6.6% between 2023 and 2028. The market is witnessing significant growth due to the increasing prevalence of chronic diseases such as cardiovascular disease (CVD) and diabetes, leading to an increased need for patient transfers in hospitals and home healthcare settings. Padded slings, transfer slings, universal slings, reusable slings, and disposable slings are popular types of medical lifting slings used to facilitate safe patient transfers. Business strategies, including product innovation and partnerships, are driving market growth. However, the high operating cost associated with medical lifting slings remains a challenge. Key market trends include the increasing adoption of ergonomic slings to reduce the risk of injury for caregivers and the growing preference for reusable slings due to their cost-effectiveness and environmental sustainability.
The market caters to the requirement of healthcare providers for equipment that ensures safe and dignified patient transfers. This market focuses on providing solutions for individuals suffering from various chronic conditions and mobility issues, including musculoskeletal conditions, arthritis, bone fractures, osteoporosis, and hip fractures. Patients with disabilities in movement, such as the physically disabled, benefit significantly from the use of medical lifting slings. Transfer slings are designed for easy maneuverability during patient transfers, and disposable slings ensure hygiene and convenience.
Additionally, medical lifting slings are available in various types, such as standing slings, seating slings, universal slings, hammock slings, toilet slings, and bariatric slings. Standing slings support patients during ambulation, while seating slings assist in transferring patients to and from chairs. Universal slings cater to a wide range of patient sizes and conditions, and hammock slings offer a more comfortable experience for patients during transfers. Toilet slings facilitate safe and easy transfers to and from the toilet, and bariatric slings accommodate heavier patients. Smart loop technology is an innovative feature in medical lifting slings, enhancing safety and ease of use. This technology allows for secure attachment of the sling to the lifting device, ensuring a consistent and even lift. These devices enable safe and dignified patient transfers, catering to a wide range of patient sizes, conditions, and mobility issues. With various types and materials available, healthcare providers can choose the most suitable solution for their patients.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The reusable slings segment is estimated to witness significant growth during the forecast period. In the market, patient dignity and safety are of utmost importance during patient transfers. Healthcare providers, including hospitals and nursing homes, as well as home care services, utilize these slings to ensure the well-being of their patients.
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The reusable slings segment was the largest segment and was valued at USD 452.50 million in 2018. Reusable medical lifting slings, made of breathable materials like nylon and mesh, have been popular choices due to their durability and cost-effectiveness. However, their longevity depends on factors such as the weight of the patient, cleaning frequency, and drying temperature. Concerns regarding cross-infections and hygiene have led to a growing preference for disposable slings. Smart loop technology, a recent innovation, enhances the functionality and safety of these slings by providing better support and reducing the risk of injury to both patients and caregivers. The market for medical lifting slings is expected to grow significantly in the coming years, driven by the increasing aging population and the rising demand for home healthcare services.
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North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In North America, the medical lifting sling market is projected to expand at a consistent pace over the coming years. Several factors contribute to this growth. The increasing prevalence of muscular disabilities, a strong healthcare sector, and growing initiatives for safe patient handling are primary drivers.
Additionally, the aging population in the region, particularly susceptible to muscular issues, is fueling demand for medical lifting slings in healthcare facilities. Furthermore, stringent regulations mandating safe patient handling practices are also boosting market expansion. Key players in the industry include those offering transfer slings made of materials like padded canvas, cotton, and polypropylene for multipurpose applications in elderly care, emergency medical services, and trauma centers.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Growing prevalence of disabilities is notably driving market growth. The prevalence of various health conditions, including osteoarthritis, osteoporosis, fractures, chronic wounds, stroke, paralysis, diabetes, and obesity, is on the rise, leading to an increase in mobility disabilities. This trend can be attributed to the aging population, as older adults are more susceptible to diseases and conditions that can result in disabilities. The geriatric population is particularly vulnerable to conditions like strokes, osteoporosis, diabetes, and osteoarthritis.
Consequently, the demand for medical lifting slings is expected to increase, as these devices are essential for assisting in the lifting and transfer of obese or disabled individuals, ensuring a safe environment for both the patient and the caregiver. Thus, such factors are driving the growth of the market during the forecast period.
Growing business strategies is the key trend in the market. Medical lifting slings have gained significant importance in the healthcare industry due to the rising prevalence of chronic diseases such as cardiovascular disease (CVD) and diabetes. To cater to the increasing demand for safe patient lifting and handling solutions, companies are implementing various business strategies. These include mergers and acquisitions, distribution partnerships, and enhanced customer care to boost sales, expand their business, and fortify their market position. Moreover, the geographic expansion of leading companies is fueling market growth. Companies are investing in research and development to innovate new products, including padded slings, transfer slings, universal slings, reusable slings, and disposable slings, that cater to diverse patient needs and enhance usability.
The integration of advanced technologies like smart sensors and IoT is making medical lifting slings more efficient and user-friendly. Therefore, companies are focusing on developing products that cater to the unique requirements of homecare and hospital settings while ensuring patient safety and comfort. Companies are leveraging various business strategies to expand their reach and cater to diverse patient needs, making medical lifting slings an essential component of the healthcare industry. Thus, such trends will shape the growth of the market during the forecast period.
High operating cost associated with medical lifting slings is the major challenge that affects the growth of the market. Medical lifting slings are essential equipment for assisting patients with chronic conditions, musculoskeletal disorders such as arthritis, bone fractures, and osteoporosis, or those who are physically disabled and have difficulty moving. However, the high expense of purchasing these slings and installing them in smart healthcare facilities adds to the financial burden for end-users. The cost extends beyond the equipment itself, requiring additional capital for installation, maintenance, and related accessories.
Moreover, the batteries for patient lift motors need to be replaced every two years, and the motors themselves must be replaced every ten years, with an average cost ranging from USD 2,400 to USD 4,000. Adding an overhead lift pendant to an existing facility is a complex and costly process, requiring hospitals to reconfigure wiring, water pipes, and gas lines to accommodate the device. These added expenses can be significant, making it essential for healthcare providers to carefully consider the long-term investment in medical lifting slings. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Arjo AB - The company offers medical lifting sling such as Sara Flex standing sling, Loop toilet sling, and tailor-made slings for specific patient needs.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Medical lifting products play a crucial role in managing various chronic conditions and musculoskeletal diseases, including arthritis, bone fractures, osteoporosis, and hip fractures. These conditions often result in disability in movement, making patient transfers a challenging task for healthcare providers. Nylon slings, padded slings, transfer slings, universal slings, reusable slings, and disposable slings are commonly used for patient handling in hospitals, nursing homes, and homecare settings. Chronic diseases such as cardiovascular disease (CVD) and diabetes also require patient mobility aids for safe transfers during rehabilitation equipment use.
Furthermore, patient dignity and caregiver safety are essential considerations in the selection of medical lifting slings. Nylon, mesh, canvas, padded, cotton, polypropylene, and other materials are used to manufacture these slings for various applications, including standing slings, seating slings, hammock slings, toilet slings, bariatric slings, and transfer slings. The market for medical lifting products caters to the needs of physically disabled individuals, elderly care, emergency medical services, trauma centers, and lifestyle diseases. Smart loop technology enhances the functionality and safety of these slings, making them an essential component of patient handling equipment. The market for medical lifting slings continues to grow due to the increasing prevalence of chronic diseases and the need for patient mobility aids in various healthcare settings.
Market Scope |
|
Report Coverage |
Details |
Page number |
132 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.6% |
Market Growth 2024-2028 |
USD 337.7 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
6.1 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 35% |
Key countries |
US, Germany, Canada, China, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ANTANO GROUP S.R.L., Arjo AB, Baxter International Inc., Bestcare LLC, Etac AB, GF Health Products Inc., HoverTech International., Human Care HC AB, Invacare Corp., Joerns Healthcare LLC, Medical Depot Inc., Medline Industries LP, Mirion Technologies Inc., Osprey Healthcare Ltd., Pelican Manufacturing Pty Ltd, Savaria Corp., Silvalea Ltd., Sunrise Medical LLC, V. Guldmann AS, and WINNCARE Group |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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