Global Medical Lifting Slings Market , 2016 - 2023

Page 1

Transparency Market Research Medical Lifting Slings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023

Published Date 08-Jan-2016

93 Page Report

Buy Now

Request Sample

Press Release

Medical Lifting Slings Market to Expand at CAGR of 7.8% from 2015 to 2023

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com


Medical Lifting Slings Market

REPORT DESCRIPTION

Medical Lifting Slings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023 Transparency Market Research has published a new market report titled, “Medical Lifting Slings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.� According to the report, the global medical lifting slings market was valued at US$312.0 mn in 2014 and is projected to expand at a CAGR of 7.8% from 2015 to 2023 to reach US$632.8 mn in 2023. Browse Full Report with TOC: http://www.transparencymarketresearch.com/medical-lifting-slings-market.html Patient lifting slings also coined as medical lifting slings are considered indispensable in many hospitals and other care provider settings owing to which the market growth and demand is expected to flourish in the forthcoming years. Additionally, increasing disabilities and disorders are another prominent contributors to the market growth which is further facilitated by rise in the prevalence of lifestyle diseases and growing research and development activities. The global medical lifting slings market has been studied from five broad perspectives: by product, sling points, sling shape, end-user, and geography. The product segment has been further analyzed and assessed for bariatric sling, seating sling, stander sling, universal sling, hammock sling, transfer sling, toileting sling, and others. The others segment primarily includes and provides a cumulative market of bath, pool and spa lifting sling, tri-turner sling, and pediatric sling. Moreover, based on sling points the market is segmented into 2-point sling, 4-point sling, and 6-point sling whereas, based on sling shape it is studied on the basis of full body slings and U-shaped slings. The end user segment of the report is subcategorized into hospitals, home health care, nursing homes, assisted living facilities, and others. In terms of geographical analysis four regions are considered i.e. North America, Europe, Asia Pacific and Rest of the World wherein, each region is further qualitatively and quantitatively assessed for major contributing countries.

Transparency Market Research

2


Medical Lifting Slings Market

Enquiry Before Buying: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6559 The study conducted for product segment illustrated that universal sling market accounts for lion’s share compared to other product categories considered under the scope of the study. Factors that drives the large sales/demand for universal slings encompasses ease to care providers pertaining to lifting patients from a supine position and making them an aptful device for most of the lifting situations. From the patient’s point of view, universal slings are considered the most comfortable lifting option for transferring activities such as from bed to chair, wheelchair, toilet seat, or from the floor to a bed or chair. In terms of market growth (CAGR), the transfer sling is expected to be the most advancing product segment. Factor likely to boost market growth includes the unique ability of the sling to transfer patient from one lateral surface to other without any need for complicated lifting systems. Transfer sling considered under the research scope include slings used for positioning and repositioning a patient resting in horizontal position. The positioning sling/transfer sling are permanently placed as a part of patient's bedding. Seating slings and hammock slings are other commonly employed products across the globe. Seating slings are primarily used to transfer a patient from one room to other due to its specific characteristics such as excellent back and leg support and quick and easy to fit properties. Sling points are hooks or attachment points upon which the slings are fixed. The study concludes that fourpoint slings are the most widely preferred option and have better salability. The segment is expected to expand at the highest growth rate during the forecast period followed by six-point slings due to better comfort and growing demand among elderly patient groups. However, the 6-point sling segment is poised to expand at a CAGR that is slightly lower than that of the 4-point sling segment in the next few years. Products such as bariatric, universal, and transfer slings require 6-point sling attachment. The study estimated that u-shaped slings are among the most extensively sold slings and have shorter lifespan (average: 2 years to 2.5 years). Hence, repetitive purchases have been observed by group purchasers and other care providers across the globe. Therefore, the segment is likely to witness high growth rate (CAGR) during to the forecast period. U-shaped slings are used in various product categories such as toileting, stander slings, and bathing slings, and are employed by hospitals to transfer a patient from chair to chair or bed to chair.

Transparency Market Research

3


Medical Lifting Slings Market

Hospitals as an end user, due to bulk purchases and affluent to set up complicated lifting systems contribute maximum in terms of revenue. Moreover, mandate and/or higher preference for use of lifting slings in hospitals in developed and economically sound markets also is a major contributor to the market size of this end user segment. Others section which estimates a cumulative market for trauma centers and paramedical services are an emerging trends owing to which the growth rate is expected to the fastest among other buyer groups. Geographically, Europe is a major contributing region followed by North America. Favorable regulations with respect to non-manual patient handling and high adoption rate of lifts and slings in hospitals, nursing homes and home health care centers have been a prominent driver to the market in these two regions. Other demographic factors driving this market include increasing number of individuals with one or the other form of disability, rising geriatric population, significant demand for technologically advanced devices, and high awareness and affordability of the people in the region. Asia Pacific is considered to be the most lucrative emerging market due to increasing disposable incomes of the people and technological advancements. Countries such as Japan, Singapore and South Korea are undergoing the largest absolute change in their elderly population segment. The WHO has pointed out that the lack of awareness about mobility devices and negative social attitude toward disability is largely influencing individual users or the family seeking support from these devices. Some of the prominent companies profiled in this report includes ArjoHuntleigh, Argo Medical Inc., Bestcare, LLC, Drive DeVilbiss Healthcare, Etac AB, DJO Global, GF Health Products, Inc., Joerns Healthcare, LLC, Invacare corporation, and Prism Medical. Browse Full Press Release @ http://www.transparencymarketresearch.com/pressrelease/medical-lifting-slings-market.htm

TABLE OF CONTENT

Chapter 1 Introduction 1.1 Report Description 1.2 Research Methodology

Transparency Market Research

4


Medical Lifting Slings Market

1.3 Market Segmentation Chapter 2 Executive Summary 2.1 Market Snapshot: Global Medical Lifting Slings Market 2.2 Comparative Analysis: Global Medical Lifting Slings Market Share, by Geography, 2014 & 2023 2.3 Global Medical Lifting Slings Market, by Product, 2014 (US$ Mn) Chapter 3 Market Overview 3.1 Market Dynamics 3.1.1 Drivers 3.1.1.1 Legislations Supporting Safe Patient Handling & Mobility (SPHM) and Care Provider Safety 3.1.1.2 Rental Provision, an Emerging Trend, Aiding Slings Purchase among Low Income Group Patients 3.1.1.3 Rising Baby Boomer Population to Propel Demand for Medical Lifting Slings 3.1.2 Restraints 3.1.2.1 Lack of Technical Expertise and Training Provisions in Emerging Market to Affect Penetration Rate

Market

3.1.3 Opportunities 3.1.3.1 Increase in Private and Government Initiatives for the Rights of Elderly and Disabled to Provide Better Health care Services 3.2 Porter’s Five Forces Analysis 3.3 Market Attractiveness Analysis - Global Medical Lifting Slings Market 3.4 Company Market Share - Global Medical Lifting Slings Market (2014) (Value %) Chapter 4 Global Medical Lifting Slings Market, by Product 4.1 Introduction 4.2 Global Bariatric Sling Market Revenue, 2013–2023 (US$ Mn) 4.3 Global Seating Sling Market Revenue, 2013–2023 (US$ Mn)

Transparency Market Research

5


Medical Lifting Slings Market

4.4 Global Stander Sling Market Revenue, 2013–2023 (US$ Mn) 4.5 Global Universal Sling Market Revenue, 2013–2023 (US$ Mn) 4.6 Global Hammock Sling Market Revenue, 2013–2023 (US$ Mn) 4.7 Global Transfer Sling Market Revenue, 2013–2023 (US$ Mn) 4.8 Global Toileting Sling Market Revenue, 2013–2023 (US$ Mn) 4.9 Global Other Slings Market Revenue, 2013–2023 (US$ Mn) Chapter 5 Global Medical Lifting Slings Market, by Sling Points 5.1 Global Medical Lifting Slings Market Revenue, by Sling Points, 2013–2023 (US$ Mn): 2-Point Sling, 4Point Sling, and 6-Point Sling Chapter 6 Global Medical Lifting Slings Market, by Sling Shape 6.1 Global Medical Lifting Slings Market Revenue, by Sling Shape, 2013–2023 (US$ Mn): U-shaped Sling and Full Body Sling Chapter 7 Global Medical Lifting Slings Market, by End Users 7.1 Introduction 7.2 Global Medical Lifting Slings Market Revenue in Hospitals, 2013 – 2023 (US$ Million) 7.3 Global Medical Lifting Slings Market Revenue in Home Healthcare, 2013 – 2023 (US$ Million) 7.4 Global Medical Lifting Slings Market Revenue in Nursing Homes, 2013 – 2023 (US$ Million) 7.5 Global Medical Lifting Slings Market Revenue in Assisted Living Facilities, 2013 – 2023 (US$ Million) 7.6 Global Medical Lifting Slings Market Revenue in Other End Uses, 2013 – 2023 (US$ Million) Chapter 8 Global Medical Lifting Slings Market, by Geography 8.1 Global Medical Lifting Slings Market Revenue, by Geography, 2013–2023 (US$ Mn) 8.2 North America Medical Lifting Slings Market Revenue, by Country, 2013–2023 (US$ Mn) 8.2.1 United States Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.2.2 Canada Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.3 Europe Medical Lifting Slings Market Revenue, by Country, 2013–2023 (US$ Mn)

Transparency Market Research

6


Medical Lifting Slings Market

8.3.1 France Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.3.2 Germany Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.3.3 United Kingdom Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.3.4 Rest of Europe Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4 Asia Pacific Medical Lifting Slings Market Revenue, by Country, 2013–2023 (US$ Mn) 8.4.1 Japan Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4.1 China Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4.1 South Korea Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4.1 Rest of Asia Pacific Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.5 Rest of the World Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4.1 Latin America Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) 8.4.1 Middle East and Africa Medical Lifting Slings Market Revenue, 2013–2023 (US$ Mn) Chapter 9 Recommendation Chapter 10 Company Profiles 10.1 ArjoHuntleigh 10.2 Argo Medical, Inc. 10.3 Bestcare, LLC 10.4 Drive DeVilbiss Healthcare 10.5 Etac AB 10.6 DJO Global 10.7 GF Health Products, Inc. 10.8 Joerns Healthcare, LLC 10.9 Invacare Corporation 10.10 Prism Medical

Transparency Market Research

7


Medical Lifting Slings Market

About Us Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical

forecasts,

competitive

landscape,

detailed

segmentation,

key

trends,

recommendations.

Contact

Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blog : https://marketsresearchindustry.wordpress.com/

Transparency Market Research

8

and

strategic


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.