Safe patient handling is one of the most important protocol in health care facilities. Medical lifting slings provide a solution to the patient lifting problems, especially for disabled and neuromuscular disease patients, with improved quality of care, reduced risks of patients falling, skin tears, and bruises. The medical lifting slings market is driven rising geriatric population, favorable government initiatives, and increasing incidence of lifestyle diseases. Moreover, increasing number of accidents and partial immobility incidences have fueled the demand and growth of the market in the last decade. Technological advancements such as introduction of automated lifting techniques also act as a potential driver of the medical lifting slings market. However, lack of technical expertise and proper training to handle patients with medical lifting slings in emerging economies coupled with difficulties in handling obese patients with lifting slings hampers market growth.
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In terms of product type, the universal sling segment accounted for the largest share of the medical lifting slings market in 2015 due to its comfortable and secure seating structure. However, the transfer sling segment is anticipated to expand at the highest CAGR due to availability in multiple sizes (normal to XXL) to meet desired application and comfort of patients.
Based on sling point and sling shape, the global medical lifting slings market was dominated by the 4 point sling and U-shape sling segments. Growth of these segments is majorly attributed to the fact that medical slings such as bathing, spa, seating, and hammock slings work on 4 point sling mechanism coupled with increasing demand. These factors are anticipated to drive the segment in developed as well as developing regions.
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The hospitals end-user segment dominated the global medical lifting slings market in 2015. Rising demand for medical lifting slings and favorable government initiatives to train hospital nurses fuel the growth of this segment. However, high utilization of medical slings in assisted living facilities is expected to boost the growth of the segment during the forecast period from 2016 to 2024.
Europe dominated the global medical lifting slings market in 2015 due to consistent rise in geriatric population. The growth is backed by strong and consistent government support for health care facilities. North America accounted for the second largest share of the market in 2015. According to the U.S. Census Bureau, population aged over 65 years is likely to increase from 40.2 million in 2010 to 54.8 million in 2020. These factors are likely to fuel the growth of the medical lifting slings market in North America. However, Asia Pacific is estimated to expand at the highest CAGR of 9.7% during the forecast period. Factors such as rising disposable income, increasing health care infrastructure, and distribution and partnership strategies adopted by the key players support market growth in the region.
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The global medical lifting slings market is characterized by the presence of small- and large-scale players, operating in developing as well as developed regions. The medical lifting slings market is fragmented, with relative presence of large number of companies. These companies accounted for small percentage share of the total market. Key players in the global medical lifting slings market are 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.
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