Medical Lifting Sling Market size expected to surpass USD 700 million by 2023, with a CAGR of 10% from 2016 to 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Medical Lifting Sling Market : • Rising geriatric population, increasing cases of lifestyle diseases such as diabetes and cardiovascular disease (CVD), government initiatives and high recovery cost of injuries are the key drivers for stimulating the use of these instruments. • A considerable percentage of the elderly population base suffers from mobility-related disorders, disabilities from non-contagious diseases. Conversely, lack of skilled personnel and difficulty in handling obese patients are hampering growth. • On the basis of product, the global medical lifting sling market share is categorized into bariatric, hammock, position, pivot, seating, standing, transfer, toilet and universal slings. • Universal segment was the industry leader in 2015, since these products provide high degree of comfort and safe seating structure
Application Analysis of Medical Lifting Sling Market : • These instruments are used in nursing homes, hospitals or clinicsto transfer patients with restricted mobility. • Growing number of partial immobility incidences and accidents has driven industry demand and growth in the last few years. • Lack of technical expertise and inadequate training to handle patients using these products in developing economies along with difficulties in handling obese patients is a barrier to the global medical lifting sling market. • While transferring bariatric patients it is important to have a comfortable lift sling. They are designed to be secure enough to handle the weight of the patient and soft enough for ensure comfort.
Competitive Market Share of Medical Lifting Sling Market : • Based on the end-users, the industry is categorized into hospital, home care, elderly care, emergency medical services, nursing homes, trauma centers, etc. • Hospitals accounted for the major share of the industry in 2015 and are expected to dominate during the forecast period. • Key players in the medical lifting sling market are Argo Medical, ArjoHuntleigh, Bestcare, Drive DeVilbiss Healthcare, Hill-Rom Holdings, Etac AB, GF Health Products, Guldman, Invacare Corporation, Joerns Healthcare, and Prism Medical.
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