Medical Lifting Slings Market Outlook, Trend, Growth and Share Estimation Analysis 2031

Medical Lifting Slings Market Outlook 2031

The global medical lifting slings market was valued at US$ 715.5 Mn in 2021

The global market is projected to grow at a CAGR of 6.7% from 2022 to 2031

The global medical lifting slings market is anticipated to reach more than US$ 1.34 Bn by the end of 2031

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Medical Lifting Slings Market Introduction

Medical lifting slings are also known as patient lifting slings, Hoyer lift slings, or patient transfer slings. Medical lifting sling is placed around and under a patient suffering from mobility issues and helps him or her to be lifted and transferred. Rise in demand for mobility aids such as medical hoist lifts across the globe is projected to boost the medical lifting slings market size. Patient slings are available in several variations such as universal slings, full body slings, and split leg slings. Hoyer lift slings are available in different types. They provide several benefits such as reduced risk of injury to patients and caregivers when used properly. Patient falls from these devices have resulted in severe injuries, including head traumas, fractures, and deaths. According to the U.S. Census Bureau, all the baby boomers are expected to be older than 65 by 2030. This population is estimated to outnumber the younger population and drive the geriatric population. Hence, the medical lifting slings market share is projected to increase in the next few years.

Increase in Incidence of Obesity to Drive Global Medical Lifting Slings Market

Rise in obesity is expected to boost the demand for medical lifting slings among patients. According to WHO, 1.9 billion adults 18 years and older were overweight in 2016, and 650 million were obese. Obesity is rising among the pediatric population, with around 340 million children suffering from the condition. According to the World Health Organization, obesity across the globe has tripled since 1975; however, it is preventable with lifestyle changes. Bariatric and other pediatric slings are expected to address the need of the obese population by improving their mobility and quality of life.

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Emerging Trend of Rental Provision to Propel Global Medical Lifting Slings Market

Rental provision has emerged as a growing trend among patients who require slings and lifts for a short duration (about four to six months) in home health care settings. Therefore, several governments and private organizations, such as the Blue Cross and Blue Shield Association, the Wy'East Medical, and the Ministry of Health and Long-Term Care Assistive Devices Program, provide rental care facilities to low-income group patients in developing countries.

Excellent Back and Leg Support Augmenting Seating Slings Segment

In terms of product, the global medical lifting slings market has been classified into bariatric slings, seating slings, standup slings, universal slings, hammock slings, transfer slings, toileting slings, and others. The seating slings segment accounted for major share of the global market in 2021. The segment is projected to grow at a high CAGR from 2022 to 2031. Seating slings are extensively used globally and cater to the needs of various patients. These slings have specific characteristics such as excellent back and leg support. Seating slings are quick and easy to fit. A normal seating sling is primarily used for a short duration, for example, transferring a patient from wheelchair to bed.

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Availability of Different Models and Lower Cost Driving Reusable Segment

Based on usage, the global medical lifting slings market has been bifurcated into reusable and disposable. The reusable segment accounted for major share of the market in 2021. This trend is projected to continue during the forecast period. The segment is anticipated to grow at a high CAGR during the forecast period. Reusable slings are easily available in different models and at a lower cost. Generally, reusable medical slings support functions such as high back, repositioning, sit to stand, and others. These slings are made of wipeable and breathable materials. Demand for reusable medical lifting slings is higher in developing countries owing to their durability.

Wide Range of Attachments and Increased Comfort Augmenting U-Shaped Slings Segment

In terms of sling shape, the global market has been split into u-shaped slings and full-body slings. The U-shaped slings segment accounted for major share of the global market in 2021. The segment is projected to grow at a high CAGR from 2022 to 2031. Increase in various types of U-shaped slings such as toileting, standing slings, and bathing slings is likely to propel the segment. These shapes are highly preferable by patients, as these have an array of attachments from four to eight straps, which provide comfortable positions to patients.

Regional Outlook of Global Medical Lifting Slings Market

Europe dominated the global medical lifting slings market in 2021. This can be primarily ascribed to favorable reimbursement by governments for medical lifting slings. High recovery costs and awareness about different medical slings and their benefits in homecare are also expected to augment the patient lift slings market in the region during the forecast period.

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North America is likely to account for the second largest share of the global medical lifting slings market during the forecast period. The market in the region is anticipated to grow at a high CAGR during the forecast period due to well-developed healthcare infrastructure, medicare coverage for medical lifting slings, rise in bariatric population, increase in number of people with disability, and surge in baby boomers with chronic illnesses.

The medical lifting slings market in Asia Pacific is projected to grow at a high CAGR during the forecast period owing to the increase in geriatric population in countries such as China and India; and rise of infectious diseases in the region.

Analysis of Key Players in Global Medical Lifting Slings Market

The global medical lifting slings market is consolidated, with the presence of a small number of large-scale players. Expansion of product portfolios and mergers & acquisitions are the key strategies adopted by the key players. Invacare Corporation, Medical Depot, Inc., DeVilbiss Healthcare, Medline Industries, Inc., Bestcare, LLC, DJO Global, Arjo, Prism Medical, Handicare, Vancare, Osprey Sling Company, NAUSICAA MEDICAL, and HoverTech International are the prominent players operating in the global market.

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