Europe Medical Lifting Sling Market

Europe Medical Lifting Sling Market to Reach $250.09 Million by 2021 - Market
Data Forecast
Europe Medical Lifting Sling Market size was around USD 139.4 million in 2016. It is
expected to grow at a CAGR of 12.4% to reach USD 250.09 million by 2021. It captures
34% of the global market.While transferring bariatric patients it is important to have a
comfortable lift sling. They are designed to be secure enough to handle the weight of the
patient and soft enough to ensure comfort. In order to accommodate a patient’s unique size,
they are built in convenient loops that work with several types of lift and many of them are
available in two sizes. In addition to being strong and durable, they are treated with
antimicrobial protection which is intended for increasing the lifespan. Antimicrobial treatment
thwarts the growth of harmful bacteria, viruses, microbes and other disease-causing
microorganisms. It also blocks stains and odours caused by bodily fluids and other
substances.
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Rising geriatric population, increasing cases of lifestyle diseases such as diabetes and
cardiovascular disease (CVD), government initiatives and high recovery cost of injuries are
the key drivers for stimulating the use of these instruments. A considerable percentage of
the elderly population base suffers from mobility-related disorders, disabilities from noncontagious diseases. These instruments are utilized in nursing homes, hospitals or clinics to
transfer patients with limited mobility. Increasing number of partial immobility incidences and
accidents has fuelled industry demand and growth in the past few years.
Conversely, inadequate skilled personnel and difficulty in handling obese patients are
hampering growth. Shortage of technical expertise and inadequate training to handle
patients using these products in developing countries along with difficulties in handling
obese patients is a hindrance to the Europe medical lifting sling market.
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In this report, the Europe medical lifting sling market is broadly categorized on the basis
of product, usage type, material, end user and region. If we go by products, the medical
lifting sling market is broadly categorized into seating slings, standing slings, universal
slings, hammock slings, transfer slings, toilet slings, bariatric slings, and others (such as
positioning and pivot slings). The transfer sling category is estimated to be the largest
category and will also be the fastest growing category in the aforementioned forecast
period. This growth is due to the multi-purpose application of these sling. By type of
material, the medical lifting sling market is segmented into nylon, padded, mesh, canvas,
and others (polypropylene and cotton). Nylon is the largest as well as fastest growing
segment of this market. If we go by end users, the medical lifting sling market is segmented
into elderly care, home care, hospital, and others (long-term acute care facilities,
emergency medical services, trauma centres, and nursing homes). Hospitals are the
primary end users of this market. By usage type, the medical lifting sling market is
segmented into disposable and reusable slings. In 2016, the reusable category will hold the
biggest share of the medical lifting sling market. But still, the disposable slings category will
show the largest growth rate mainly due to the use of these slings helps control and prevent
infections.
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Market Segmentation
Product
Introduction
Transfer Slings
Universal Slings
Hammock Slings
Standing Slings
Seating Slings
Toileting Slings
Bariatric Slings
Others Slings
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Material
Introduction
Nylon Slings
Padded Slings
Mesh Slings
Canvas Slings
Other Material (Polypropylene and Cotton)
Y-o-Y Growth Analysis, By Material
Market Attractiveness Analysis, By Material
Market Share Analysis, By Material
Type
Introduction
Disposable Slings
Reusable Slings
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Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
End User
Introduction
Hospitals
Home Care Facilities
Elderly Care Facilities
Other End Users
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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On the basis of geography, the Europe Medical Lifting Sling has been segmented into UK,
Spain, Germany, France and others. Europe is the leading market because of the higher
research expenses and initiatives provides advanced devices and private-public
partnerships, and thus held the largest share in this vertical. Additionally, chronic diseases
which are prevalent and the advent of supportive reimbursement schemes are significant
factors governing the development of the vertical in this region.
Key players in the medical lifting sling market are Argo Medical, Arjo Huntleigh, Bestcare,
Drive DeVilbiss Healthcare, Hill-Rom Holdings, Etac AB, GF Health Products, Guldman,
Invacare Corporation, Joerns Healthcare, and Prism Medical.
Scope of the Report:
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Regional and country-level analysis and forecasts of the study market; providing Insights
on the major countries/regions in which this industry is blooming and to also identify the
regions that are still untapped
Segment-level analysis in terms of Material, product, usage type and end user along with
market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the market
and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which
includes broadly demographic, economics, and political, among other macro-environmental
factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry,
using Porter’s five forces analysis for analyzing the level of competition and business
strategy development
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A comprehensive list of key market players along with their product portfolio, current
strategic interests, key financial information, legal issues, SWOT analysis and analyst
overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the
field along with new product launches, comparative financial studies and recent
developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making
personnel can rapidly become acquainted with background information, concise analysis and
main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both
individuals and organizations a strong financial foothold in the market
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Europe Medical Lifting Sling Market size was around USD 139.4 million in 2016. It is expected to grow at a CAGR of 12.4% to reach USD 250.09 million by 2021

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