Patient Lifts & Slings Market Size, Share & Trends Analysis Report By Technology, By Product, By Application, And Segment Forecasts, 2021 – 2027 | AliMed, Medcare Products, Vancare, Superior Mobility, Hoyer, Invacare, Medline, Drive Medical

The “Patient Lifts & Slings Market” provides analysis and insights relating to the many factors expected to be rife throughout the forecast amount whereas providing their impacts on the Market’s growth. The increase within the aviation sector is escalating the expansion of the market. On the other hand, the high value associated with the services is foreseen to hinder the market growth. Lack of practised professionals and specialists is projected to challenge the Patient Lifts & Slings Market within the forecast amount of 2021-2027.

The Patient Lifts & Slings Market length is anticipated to develop at a CAGR of 12.9% for 2021-2027.

The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers: AliMed, Medcare Products, Vancare, Superior Mobility, Hoyer, Invacare, Medline, Drive Medical, Getinge Group (Arjohuntleigh), Hill-Rom Holdings, Inc., Prism Medical Ltd., Guldmann Inc., ETAC AB, Handicare as, Joerns Healthcare, LLC, Silvalea Ltd., Spectra Care Group

Recent Development:

Hill-Rom (US) was the leading player in the market in 2018. The company provides a wide range of patient lifts such as mobile lifts, overhead lifts, free-standing lifts, sit-to-stand lifts, slings and lift sheets, and other lifting accessories. The company makes significant R&D investments, which is an integral part of its operations. Hill-Rom invested USD 0.14 billion towards R&D in 2018 (4.8% of total revenue).
In October 2018, Etac launched two new products, Molift Raiser pro in Sit to Stand segment
In September 2016, Handicare acquired Prism Medical (US & Canada), one of the leading manufacturers of fixed ceiling lifts, portable ceiling lifts, floor lifts, slings, and other ancillary patient handling products.

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on the concept of varieties, the market from 2021 to 2027 is primarily split into:

Hospitals
Home Care Facilities
Elderly Care Facilities
Others

on the idea of applications, the market from 2021 to 2027 covers:

U-Slings
Full Body Slings
Bathing & Toileting Slings
Stand up Slings

North America is expected to account for the largest market share during the forecast period.

The patient lifting equipment market is divided into four major regions— Europe, North America, Asia Pacific, and the Rest of the World (RoW). In 2018, Europe accounted for the largest share of the global market, closely followed by North America. North America is estimated to grow at the highest CAGR during the forecast period. Factors such as the increasing geriatric & bariatric population in the US & Canada, the growth of the North American home healthcare industry, and the growing patient volume in nursing homes & elderly care facilities are the major factors supporting the growth of the North American patient lifting equipment market.

Regional Patient Lifts & Slings Market (Regional Output, Demand & Forecast by Countries):

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

In addition, the market report provides Associate in Nursing in-depth analysis of each region, conjointly has Associate in Nursing in-depth country analysis. additionally, to plug revenue, the market value report conjointly provides forecast analysis of countries and regions. A top-down demand analysis was conjointly administered.

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Key edges for Patient Lifts & Slings Market:

This study contains an Associate in Nursing analytical depiction of the Patient Lifts & Slings market trends with current trends and future estimations to depict the approaching investment pockets.
the worldwide market research report presents info related to key drivers, restraints, and opportunities with elaborate impact analysis.
Porter’s 5 forces analysis illustrates the efficiency of the patrons and suppliers within the Patient Lifts & Slings market share.
The study conjointly contains the Patient Lifts & Slings market chance that helps key players in deciding.
The leading players within the trade predict a high revenue margin from Patient Lifts & Slings market returns.

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Effect of COVID-19:

The Global Market report investigates the result of Coronavirus (COVID-19) on the trade. Since Dec 2019, the COVID-19 infection has unfolded to 180+ nations around the world with the World Health Organization saying it is a general well-being crisis. The worldwide effects of the Covid infection 2019 (COVID-19) square measure currently beginning to be felt, and may primarily influence the market in 2020

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