Medical lifting Slings Market is Estimated to Reach USD 1.41 Billion by 2026
According to the current analysis of Reports and Data, the global Medical lifting slings market was valued at USD 568.1 Billion in 2018 and is expected to reach USD 1.41 Billion by the year 2026, at a CAGR of 11.5%. A medical lift sling is a tool which is used to support the patient in the hospital or treatment centers during their treatment. It has a hydraulic lift, which is patient-friendly as it is very easy to operate. It is made from nylon, mesh, and various other components. It helps in restricting the mobility of the patient, which is very essential in the recovery process of the patients.
Some
major driving factors of this industry are a rise in the geriatric population
requiring assistance, increasing disabilities resulting from various lifestyle
diseases such as diabetes and cardiovascular disease, government policies
promoting the use of the lifts, and high recovery cost of injuries. Protecting
people from falls, accidents, and injuries while ensuring safe handling of the
patient is driving the need for medical lifting slings. Governments of
several countries across the world are implementing various regulations to
promote Safe Patient Handling and Mobility programs, which is also increasing
the demand for medical lifting slings exponentially. Lack of skilled
training and knowledge to handle patients and persistent difficulty in handling
obese patients are hampering the growth of this industry. Also, injuries to
personnel handling the patients are a major challenge faced by the hospitals.
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Further key findings from the report suggest
- Technological
advancements in medical lifting slings rendered the patient elevating
process efficient due to fewer injuries and mishaps during the process.
- In July 2019,
Prism Medical UK acquired the Country Durham Company which is
well-established in the manufacturing and supplying of quality sling
products. This acquisition aims to expand the product portfolio and
service offerings in the market integrating the expert knowledge and
skills to its customer base so that it can retain an increased customer
satisfaction
- The lifts
enable safe lifting and transferring of weak, obese, or disabled patients
with minimal physical effort. They are important devices for nurses, for
whom lift-strain injuries make up about one-third of all reported
work-related injuries each year.
- Rising
geriatric population, increasing incidences of lifestyle diseases, and
high recovery cost from injuries resulting from manual handling of patient
handling equipment are driving the growth of this market.
- The overhead
lift system is considered to be the best possible aid for moving and
lifting a patient in a nursing environment. Mounted in the ceiling, it allows
floor space to remain uncluttered leaving the caregivers space to move
around more quickly, easily and, most importantly, safely.
- The Disposable
slings segment will show the highest growth rate. The growth of the
disposable slings segment is propelled by the reduced risk of
cross-infection as these slings can only be used by a single patient.
- Nylon-based
slings dominated the product type segment. This segment is anticipated to
witness lucrative growth over the forecast period due to the associated benefits,
which include greater durability, reusability, and their availability in
multiple shapes and sizes.
- Europe, owing
to higher research expenses and initiatives provides advanced devices and
private-public partnerships and hence held the maximum share of 32.4%
- North America
region shows moderate growth, which is expected to reach 365.58 million in
2026.
- There are two
common designs for the support base of a mobile lift: C- or U-shape. The
mast connects the base to the boom and supports the lifting mechanism. The
boom extends out over the base and supports the swivel bar from which the
seat or sling is suspended. Permanently mounted overhead track lifts have
a ceiling track, a mounting system that attaches the track to the ceiling,
a ceiling console containing the motor that drives the system and the
pulleys that roll it on the track; a suspension system (the seat and its
attachment to the console); and a remote control or battery-operated
control box, which regulates the lift’s movement.
- Multi-purpose
usage of the sling created transfer slings the leading product segment
with the largest market share of 38%.
- Some of the
key players of this market are Invacare Corporation, Medical Depot, Inc.
dba DeVilbiss Healthcare, Medline Industries, Inc., Bestcare, LLC, DJO
Global, Arjo, Prism Medical, Handicare, Vancare, Osprey Sling Company,
NAUSICAA MEDICAL, and HoverTech International.
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For
the purpose of this report, Reports and Data has segmented the Medical lifting
sling market on the basis of Product, material, Usage end use, and region:
Product (Revenue, USD Million; 2016–2026)
- Universal
Slings
- Transfer
Slings
- Hammock Slings
- Standing
Slings
- Seating Slings
- Toilet Slings
- Bariatric
Slings
- Others
Material (Revenue, USD Million; 2016–2026)
- Nylon
- Padded
- Mesh
- Canvas
- Others
Usage (Revenue, USD Million; 2016–2026)
- Reusable Slings
- Disposable
Slings
End Use (Revenue, USD Million; 2016–2026)
- Home Care
Facilities
- Hospitals
- Elderly Care
Facilities
- Other End
Users
Regional Outlook (Revenue in USD Million; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the
Europe
- Asia Pacific
- China
- India
- Japan
- Rest of
Asia-Pacific
- Middle East
& Africa
- Latin America
- Brazil
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