2024 Medical Lifting Sling Market Outlook: Size, Share, and Key Growth Drivers
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What is the Expected Growth Rate of the Medical Lifting Sling Market from 2024 to 2033?
The medical lifting sling market has grown rapidly, projected to increase from $1.41 billion in 2023 to $1.57 billion in 2024, at a CAGR of 11.7%. Contributing factors include the rising elderly population and increased investments in healthcare infrastructure.
The medical lifting sling market is anticipated to grow rapidly, reaching $2.46 billion by 2028 at a CAGR of 11.9%. Growth is driven by the expansion of home healthcare services and rising chronic diseases. Key trends include smart technology integration and eco-friendly materials.
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What Key Factors Are Fueling the Growth of the Medical Lifting Sling Market?
The increasing incidence of musculoskeletal conditions is expected to drive the medical lifting slings market in the coming years. Musculoskeletal disorders encompass injuries or disorders affecting the body’s movement or musculoskeletal system. Factors such as lack of exercise, an aging population, poor nutrition, smoking, and excessive alcohol consumption contribute to the rise in these conditions. Medical lifting slings assist in managing and preventing musculoskeletal disorders by alleviating physical strain on caregivers, enhancing patient mobility and safety, and promoting rehabilitation. In December 2022, Osteopaths For Industry Ltd. reported 477,000 cases of work-related musculoskeletal disorders in the UK for 2021-2022. Consequently, the increasing incidence of musculoskeletal conditions is driving the medical lifting slings market.
What Are the Major Segments of the Medical Lifting Sling Market?
1) By Product: Nylon Slings, Padded Slings, Mesh Slings, Canvas Slings, Other Slings
2) By Application: Bariatric Slings, Hammock Slings, Seating Slings, Standing Slings, Toileting Slings, Transfer Slings, Universal Slings, Other Slings
3) By End Use: Hospital, Homecare, Elderly Care, Other Healthcare Settings
What New Trends Are Transforming the Medical Lifting Sling Market?
In the medical lifting slings market, major companies are innovating patient lift solutions aimed at enhancing safety, comfort, and efficiency in patient transfers while reducing caregiver strain. These mechanical systems use slings or harnesses for safe lifting and repositioning. For example, in May 2022, Invacare Corporation launched the Birdie Evo XPLUS patient lift, designed for post-acute care, which features technology to improve comfort and security, including a Slow R Integrated Dampener to assist with safe patient handling.
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Which Regions Are Driving Growth in the Medical Lifting Sling Market?
Europe was the largest region in the medical lifting sling market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical lifting sling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Medical Lifting Sling Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the medical lifting sling market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Medical Lifting Sling Market Include
1. Medical Lifting Sling Market Executive Summary
2. Medical Lifting Sling Market Segments
3. Medical Lifting Sling Market Size And Template Market Growth Rate
4. Key Medical Lifting Sling Market Trends
5. Major Medical Lifting Sling Market Drivers
……
25. Key Mergers And Acquisitions In The Medical Lifting Sling Market
26. Top Medical Lifting Sling Companies
27. Medical Lifting Sling Market Opportunities And Strategies
28. Medical Lifting Sling Market, Conclusions And Recommendations
29. Appendix
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