Latin America Medical Lifting Sling Market

Latin America Medical Lifting Sling Market 2017-2021: Market is
Anticipated to Expand at a Significant CAGR of 10.0%
Latin America Medical Lifting Sling Market size was around USD 49.2 million in 2016. It is
expected to grow at a CAGR of 10% to reach USD 79.24 million by 2021. It captures 12% 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.
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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 Latin America medical lifting sling market.
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Market Segmentation
Product
Introduction
Transfer Slings
Universal Slings
Hammock Slings
Standing Slings
Seating Slings
Toileting Slings
Bariatric Slings
Others Slings
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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
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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In this report, the latin America 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.
On the basis of geography, the Latin America Medical Lifting Sling has been segmented into
Brazil, Chile, Argentina and others. It is second to last in terms of market share. Brazil is the
leading market in the 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.
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Latin America Medical Lifting Sling Market size was around USD 49.2 million in 2016. It is expected to grow at a CAGR of 10% to reach USD 79.24 million by 2021