Press release
Medical Lifting Slings Market Countermeasures Of Economic Impact, Entry Strategies And Marketing Channels To 2031 | Bestcare LLC, Prism Medical Ltd, Invacare Corporation
DataM Intelligence
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What is the projected growth rate (CAGR) of the Global Medical Lifting Slings market from 2024 to 2031, and what is the market value expected to change by 2031?
The global medical lifting slings market size was valued at US$ YY million in 2021 and is estimated to reach US$ YY million by 2030, growing at a high CAGR during the forecast period (2024-2031).
A medical lifting sling is a device designed to assist in the safe and efficient transfer of patients in hospitals, nursing homes, or home care settings. It enables the movement of individuals from one resting position, such as a bed, to another, like a chair or wheelchair.
Medical lifting slings are particularly beneficial for transporting frail, obese, or incapacitated patients, ensuring their comfort and safety while reducing the risk of injury to caregivers. These portable devices are essential tools in healthcare settings, promoting better patient handling and mobility management.
Market Dynamics
Growing Prevalence of Neuromuscular Disorders to Propel Market Growth
The medical lifting slings market is poised for rapid expansion, driven by an aging global population, the rising prevalence of lifestyle-related and neuromuscular disorders, and a growing emphasis on preventing overexertion injuries among healthcare personnel.
With declining birth rates and increasing life expectancy, the world's population is aging rapidly. Over the next 15 years, the number of elderly individuals is projected to grow by nearly 60%, surpassing one billion by 2030. By 2050, this figure is expected to reach 1.6 billion, accounting for 16.7% of the global population.
This demographic shift, coupled with a rise in chronic illnesses, is contributing to longer hospital stays, subsequently boosting the demand for medical lifting slings. However, the risk of cross-infection associated with reusable slings presents a challenge to market growth during the forecast period.
List of the Key Players in the Medical Lifting Slings Market: Bestcare LLC, Prism Medical Ltd, Invacare Corporation, GF health products Inc, Arjo, Hill-Rom Holdings Inc, Guldmann Inc, Stryker, Joerns Healthcare LLC and Silvalea.
Research Process:
Both primary and secondary data sources have been used in the global Medical Lifting Slings Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Medical Lifting Slings Market:
By Product (Standing Slings, Slating Slings, Universal Slings, Bariatric Slings, Transfer Sheets, Others)
By Material (Nylon Slings, Padded Slings, Canvas Slings, Mesh Slings, Others)
By Usage Type (Disposable Slings, Reusable Slings)
By End-User (Hospital, Home Care Facilities, Others)
Regional Breakout:
The global Medical Lifting Slings Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
✫ North America (U.S., Canada, Mexico)
✫ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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This Report Unveils:
✔ Go to Market Strategy- A roadmap to successfully product launch or service in the target market.
✔ Gain a clear picture of the market's health and growth trajectory through neutral analysis.
✔ Deep Market Insights delve into development trends, competitor landscape, supply and demand dynamics, brand share & pricing analysis year-over-year growth patterns, and key players' performance.
✔ Upon request, we can provide customized reports focusing on specific regions or countries, offering a granular view of their markets.
✔ Identify high-potential niche segments and regions poised for significant expansion.
✔ Analysis of Market Size (historical and forecast) Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) to understand the market's overall size and your achievable market share.
✔ Gain a comprehensive understanding of the competitive landscape, including market share distribution, key players (innovators, startups, laggards, and pioneers), and their respective strengths and weaknesses.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Medical Lifting Slings manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Medical Lifting Slings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the Medical Lifting Slings market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the Medical Lifting Slings market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
☞ What is the expected growth rate of the global Medical Lifting Slings market for the forecast period?
☞ What are the key driving factors that are responsible to shape the fate of the Medical Lifting Slings market during the forecast period?
☞ What will be the overall size of the market during the analysis period?
☞ What are the prominent market trends which influence the development of the Medical Lifting Slings market across various regions?
☞ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☞ What are the challenges and threats that are likely to act as a barrier to the growth of the Medical Lifting Slings market?
☞ What are the major opportunities that the companies can get to attain success in the world?
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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