Medical Lifting Sling Market to reach USD 878.43 million by 2023
Medical Lifting Sling Market size was around USD 509.72 million in 2018. It is expected to grow at a CAGR of 11.5% to reach USD 878.43 million by 2023
(EMAILWIRE.COM, August 13, 2018 ) In the year 2018 Global Medical Lifting Sling Market was valued at USD 509.72 Million. By the year 2023, it is predicted to reach USD 878.43 Million with pace of 11.5% CAGR.
Medical Lifting slings provides solution to patient lifting problems especially to disabled and neuro-muscular disease patients with improved quality of care, reduced risks of patients falling while rehabilitation therapies, skin tears and bruises. These slings are used in hospitals, nursing homes or clinics to transfer patients. In addition, these slings are treated with antimicrobial protection to increase their lifespan and make them safer for use. It also blocks stains and odors caused by bodily fluids and other substances.
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Factors affecting market growth:
· Increasing of chronic diseases like cardiovascular disease, diabetes and other diseases. (+)
· Rising incidences of injuries and accidents across the globe. (+)
· Growing geriatric population globally. (+)
· Increasing initiatives by government. (+)
· Advancement of technologies. (+)
· Increasing healthcare expenditure. (+)
· High recovery cost of injuries. (+)
· Lack of skilled professionals. (-)
· Limited technical expertise and inadequate training to handle patients using these products across the globe. (-)
· Difficulty in handling obese patients. (-)
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Market Segmentation
The Global Medical Lifting Sling Market is segmented on the basis of
Product
· Transfer Slings
· Universal Slings
· Hammock Slings
· Standing Slings
· Seating Slings
· Toileting Slings
· Bariatric Slings
Material
· Nylon Slings
· Padded Slings
· Mesh Slings
· Canvas Slings
Type
· Disposable Slings
· Reusable Slings
End User
· Hospitals
· Home Care Facilities
· Elderly Care Facilities.
Transfer and universal sling is considered to be one of the fastest growing product segments.
Based on type segment, disposable medical slings are anticipated to exhibit rapid growth over the forecast period. On the basis of End-users segment, Hospital holds the largest market share due to growing of aging population, increasing of chronic diseases, improving healthcare facilities and increasing healthcare expenditure which is expected to continue high growth rate in the Global Medical Lifting Sling Market during the forecast period.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/medical-lifting-sling-market-3791/
Key players:
Leading companies for Global Medical Lifting Sling Market are GF Health Products, Guldman, Invacare Corporation, Joerns Healthcare, Prism Medical, Argo Medical, Arjo Huntleigh, Bestcare, Drive DeVilbiss Healthcare, Hill-Rom Holdings, and Etac AB.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
Medical Lifting slings provides solution to patient lifting problems especially to disabled and neuro-muscular disease patients with improved quality of care, reduced risks of patients falling while rehabilitation therapies, skin tears and bruises. These slings are used in hospitals, nursing homes or clinics to transfer patients. In addition, these slings are treated with antimicrobial protection to increase their lifespan and make them safer for use. It also blocks stains and odors caused by bodily fluids and other substances.
Request Report Sample: https://www.marketdataforecast.com/market-reports/medical-lifting-sling-market-3791/request-sample
Factors affecting market growth:
· Increasing of chronic diseases like cardiovascular disease, diabetes and other diseases. (+)
· Rising incidences of injuries and accidents across the globe. (+)
· Growing geriatric population globally. (+)
· Increasing initiatives by government. (+)
· Advancement of technologies. (+)
· Increasing healthcare expenditure. (+)
· High recovery cost of injuries. (+)
· Lack of skilled professionals. (-)
· Limited technical expertise and inadequate training to handle patients using these products across the globe. (-)
· Difficulty in handling obese patients. (-)
Get your customized report: https://www.marketdataforecast.com/market-reports/medical-lifting-sling-market-3791/customize-report
Market Segmentation
The Global Medical Lifting Sling Market is segmented on the basis of
Product
· Transfer Slings
· Universal Slings
· Hammock Slings
· Standing Slings
· Seating Slings
· Toileting Slings
· Bariatric Slings
Material
· Nylon Slings
· Padded Slings
· Mesh Slings
· Canvas Slings
Type
· Disposable Slings
· Reusable Slings
End User
· Hospitals
· Home Care Facilities
· Elderly Care Facilities.
Transfer and universal sling is considered to be one of the fastest growing product segments.
Based on type segment, disposable medical slings are anticipated to exhibit rapid growth over the forecast period. On the basis of End-users segment, Hospital holds the largest market share due to growing of aging population, increasing of chronic diseases, improving healthcare facilities and increasing healthcare expenditure which is expected to continue high growth rate in the Global Medical Lifting Sling Market during the forecast period.
Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/medical-lifting-sling-market-3791/
Key players:
Leading companies for Global Medical Lifting Sling Market are GF Health Products, Guldman, Invacare Corporation, Joerns Healthcare, Prism Medical, Argo Medical, Arjo Huntleigh, Bestcare, Drive DeVilbiss Healthcare, Hill-Rom Holdings, and Etac AB.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results