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Medical Lifting Slings Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Category : Healthcare and Pharmaceuticals | Published at : December-2023 | Delivery Format : PDF | Status: Published | Pages : 250

The Medical Lifting Slings Market Size accounted for USD 925.6 Million in 2022 and is estimated to achieve a market size of USD 2,853.1 Million by 2032 growing at a CAGR of 12.1% from 2023 to 2032.

Medical Lifting Slings Market Highlights

  • Global medical lifting slings market revenue is poised to garner USD 2,853.1 million by 2032 with a CAGR of 12.1% from 2023 to 2032
  • Europe medical lifting slings market value occupied around USD 324 million in 2022
  • Asia-Pacific medical lifting slings market growth will record a CAGR of more than 13% from 2023 to 2032
  • Among material, the nylon slings sub-segment generated over US$ 222.1 million revenue in 2022
  • Based on usage, the reusable sub-segment generated around 55% share in 2022
  • Training programs for proper sling utilization is a popular medical lifting slings market trend that fuels the industry demand

Medical Lifting Slings Market Dynamics

Medical lifting slings serve as essential mobility devices, aiding in the safe lifting of weak, obese, or disabled patients. These tools are crucial, particularly in reducing strain injuries among nurses, which account for approximately one-third of all reported annual injuries, according to data released by the World Health Organization. Despite their importance, patients often exhibit reluctance to use elevators due to a fear of falling, which extends to their hesitance in utilizing lifting slings. Additionally, there is a growing concern about repetitive sling infections observed in many hospitals. Proper education and awareness are necessary for users to understand the correct utilization of lifting slings, including comprehending optimal heights for lifting. Several factors contribute to hindering the growth of the market for these slings. These include challenges with using lifting sleds for obese patients, insufficient skilled personnel available to safely treat patients, and an ongoing issue of sling-related infections in healthcare settings.

Global Medical Lifting Slings Market Dynamics

Market Drivers

  • Increasing demand for patient handling equipment
  • Rising prevalence of disabilities and chronic conditions
  • Technological advancements enhancing sling designs
  • Growing emphasis on healthcare worker safety

Market Restraints

  • Concerns regarding sling-associated infections
  • Challenges in handling obese or bariatric patients
  • Limited availability of skilled personnel for safe usage

Market Opportunities

  • Innovations in infection-resistant sling materials
  • Expansion of healthcare infrastructure in emerging markets
  • Customization for diverse patient needs

Medical Lifting Slings Market Report Coverage

Market Medical Lifting Slings Market
Medical Lifting Slings Market Size 2022 USD 925.6 Million
Medical Lifting Slings Market Forecast 2032 USD 2,853.1 Million
Medical Lifting Slings Market CAGR During 2023 - 2032 12.1%
Medical Lifting Slings Market Analysis Period 2020 - 2032
Medical Lifting Slings Market Base Year
2022
Medical Lifting Slings Market Forecast Data 2023 - 2032
Segments Covered By Product, By Material, By Usage, By End Use, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Invacare Corporation, Medline Industries, Inc., Medical Depot, Inc. dba DeVilbiss Healthcare, Bestcare, LLC, DJO Global, Arjo, Prism Medical, NAUSICAA MEDICAL, Handicare, Osprey Sling Company, Vancare, and HoverTech International
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis

Medical Lifting Slings Market Insights

The global medical lifting slings market is anticipated to witness substantial growth during the forecast period, driven by factors such as the increasing geriatric population, a rise in the disabled population, greater adoption and awareness of advanced medical lifting products, improvements in healthcare infrastructure, and favorable reimbursement policies. This growth trajectory is expected to continue as advanced medical lifting slings catering to various functions such as standing, seating, bathing, sanitation and specialized slings for specific demographics like amputees or pediatrics are developed and introduced to the market.

The introduction of products like the ProMove portable medical lifting slings and slopes in various sizes and configurations is poised to further augment the global medical lifting market. However, this growth may face obstacles due to the lack of technical expertise and training in emerging markets. Ensuring patient safety, preventing falls, injuries, and accidents, while maintaining the secure handling of patients, underscores the necessity for medical lifts. Many hospitals prioritize patient safety as part of their strategic planning. Yet, hospitals encounter significant challenges due to injuries sustained by personnel involved in patient care.

Medical Lifting Slings Market Segmentation

The worldwide market for medical lifting slings is split based on product, material, usage, end use, and geography.

Medical Lifting Sling Products

  • Bariatric Slings
  • Stand up Slings
  • Universal Slings
  • Seating Slings
  • Hammock Slings
  • Transfer Slings
  • Toileting Slings
  • Others

According to medical lifting slings industry analysis, the versatility of the universal slings segment in the market may be due to its flexibility to diverse patient needs. These slings provide a versatile solution for a variety of transfer and positioning needs, accommodating a variety of body shapes and sizes. Their universal design facilitates use in a variety of healthcare settings, improving patient comfort and safety during transfers. Furthermore, the ergonomic design of the Universal Slings provides efficient and secure lifting, adding to its worldwide popularity and market domination in addressing the diverse needs of carers and patients alike.

The seating slings is second largest segment in the global market. These slings provide crucial assistance to patients facing mobility challenges, particularly during activities like bed making or bathing, where extended sling use is necessary. With the global rise in obesity rates, the Bariatric segment is anticipated to exhibit significant expansion at a remarkable Compound Annual Growth Rate (CAGR).

Medical Lifting Sling Materials

  • Canvas Slings
  • Nylon Slings
  • Padded Slings
  • Mesh Slings
  • Other Slings

The nylon slings segment dominates the medical lifting slings market due to its inherent durability, versatility, and extensive applicability. Nylon's toughness allows it to handle enormous loads while retaining structural integrity, making it a popular choice for a variety of patient lifting applications. Nylon Slings are excellent for a wide range of healthcare settings due to their flexibility and strength. Furthermore, the material's ease of maintenance and washing, as well as its capacity to provide both comfort and support, all contribute considerably to its widespread use. These characteristics place Nylon Slings as the market leader, effectively meeting the different needs of carers and patients.

Medical Lifting Sling Usages

  • Reusable
  • Full Body Slings
  • Disposable
  • Shape-U Shape Slings

In terms of medical lifting slings market analysis, the global industry for medical elevator slings can be categorized into reusable and disposable segments. The reusable segment holds a significant share, driven by a variety of reusable medical lifters, offering expanded healthcare solutions for facilities and patients. Within the medical lift slings market, two primary types are prominent: U-shaped and full-body slings. U-shaped slings, preferred for their convenience in patient lifting, also offer enhanced support during transportation and various daily activities, including bathing and toileting.

Medical Lifting Sling End Uses

·         Hospitals

·         Nursing Homes

·         Home Healthcare

·         Assisted Living Facility

The global market is segmented across various end-users, including hospitals, home care, nursing homes, support centers, and others. In 2022, the hospital sector emerged as a major player due to widespread use within medical facilities and the easy accessibility of medical lifting equipment. Following hospitals, nursing homes and other segments also contributed significantly. The demand for medically efficient lifting slings is crucial for aiding patients dealing with geriatric conditions, spinal damage, disabilities, and post-surgery recovery, enhancing their quality of life. The home care sector is expected to expand notably over the forecast period, driven by the need for diverse slings to facilitate effective patient care at home. Additionally, in developing countries where complete government funding for medical care is lacking, several foundations and charities play a vital role in providing access to medical lifting equipment.

Medical Lifting Slings Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Medical Lifting Slings Market Drivers

Medical Lifting Slings Market Regional Analysis

The global market for medical lift slings is segmented across regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe holds dominance in this market, attributed to several factors such as favorable reimbursement policies for medical elevator slings, technological advancements, increased awareness regarding different healthcare slings and their domestic benefits in reducing patient retrieval costs. Additionally, Europe's population is witnessing growth in the geriatric and disabled demographics, further propelling the demand for medical lift slings.

Following Europe, North America holds a significant share in the global medical lifting slings market. This can be attributed to its advanced infrastructure, growing geriatric population, increased awareness about elevation slings, and a well-trained workforce proficient in handling medical lifting equipment. The United States particularly leads in the North American market, primarily due to the expanding aging population of baby boomers. Projections from the US Census Office indicate that by 2030, all baby boomers will be over 65 years old, thereby driving the demand for medical lifting slings due to increased disabilities and various neurological and long-term diseases.

The Asia-Pacific market is anticipated to experience substantial growth over the medical lifting slings industry forecast period owing to improving healthcare infrastructure, rising disposable income, increased awareness about advanced medical lift solutions, and investments by companies in mobility aid development. Moreover, the region's market is expected to benefit from a growing geriatric population and increased awareness initiatives aimed at assisting disabled individuals. Government efforts to raise awareness and provide support to the disabled are also expected to contribute to the market growth in the Asia Pacific region during the medical lifting slings market forecast period.

Medical Lifting Slings Market Players

Some of the top medical lifting slings companies offered in our report include Invacare Corporation, Medline Industries, Inc., Medical Depot, Inc. DeVilbiss Healthcare, Bestcare, LLC, DJO Global, Arjo, Prism Medical, NAUSICAA MEDICAL, Handicare, Osprey Sling Company, Vancare, and HoverTech International.

Frequently Asked Questions

The market size of medical lifting slings was USD 925.6 million in 2022.

The CAGR of medical lifting slings is 12.1% during the analysis period of 2023 to 2032.

The key players operating in the global market are including Invacare Corporation, Medline Industries, Inc., Medical Depot, Inc. DeVilbiss Healthcare, Bestcare, LLC, DJO Global, Arjo, Prism Medical, NAUSICAA MEDICAL, Handicare, Osprey Sling Company, Vancare, and HoverTech International.

Europe held the dominating position in medical lifting slings industry during the analysis period of 2023 to 2032.

Asia-Pacific region exhibited fastest growing CAGR for market of medical lifting slings during the analysis period of 2023 to 2032.

The current trends and dynamics in the medical lifting slings industry include increasing demand for patient handling equipment, rising prevalence of disabilities and chronic conditions, technological advancements enhancing sling designs, and growing emphasis on healthcare worker safety.

The reusable usage held the maximum share of the medical lifting slings industry.


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