Market By Product, Material, Usage, End-user, And Region | Forecast 2019-2027
As per the Triton Market Research’s analysis, the Asia-Pacific medical lifting sling market is anticipated to flourish at a CAGR of 9.56% in terms of revenue over the forecast period of 2019-2027.
The countries studied in the Asia-Pacific medical lifting sling market are:
• China
• Japan
• India
• South Korea
• ASEAN Countries
• Australia & New Zealand
• Rest of Asia-Pacific
The Asia-Pacific has been witnessing rapid growth in the elderly population. The US Census Bureau predicts that around two-thirds of the global geriatric population would reside in Asia by 2050. This is expected to increase the demand for medical lifting slings in hospitals. Countries like China, Japan, and India have huge purchasing power and have also been heavily investing in improving the healthcare infrastructure in the region, thereby fuelling the medical lifting sling market growth. Furthermore, the growing awareness about the advantages of lifting slings and proactive government initiatives have been creating lucrative growth opportunities for the medical lifting sling market in the Asia-Pacific.
Japan boasts of having the highest average life expectancy and the lowest infant mortality rates in the world. These factors indicate the high-quality healthcare infrastructure in the country. Data from the OECD suggests that, in Japan, the life expectancy at birth (as calculated in 2015), was 83.9 years, which is substantially higher than the OECD average (80.6 years). However, the high life expectancy leads to a growth in the geriatric population, which forms a significant consumer base of the medical lifting slings market. Besides, Japan is the largest developed market for medical devices in the APAC region. These factors are expected to propel the growth of Japan’s medical lifting slings market.
Incorporated in 1971, Invacare Corp. manufactures and distributes medical devices and equipment. Its products have found applications in both, home and health care settings. The company primarily caters its products to medical equipment providers & distributors as well as governments. Invacare Corp. has a presence in Australia, New Zealand, and Asian Countries.
1. ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. INCREASING
PATIENT SAFETY CONCERNS BOOSTING THE USAGE OF MEDICAL LIFTING SLING
2.2.2. TRANSFER
SLING IS THE FASTEST-GROWING PRODUCT TYPE IN THE MEDICAL LIFTING SLING MARKET
2.2.3. NYLON
IS THE MOST PROMINENTLY USED MATERIAL IN MEDICAL LIFTING SLING
2.2.4. THE
PREFERENCE FOR DISPOSABLE SLING IS EXPECTED TO INCREASE OVER THE FORECAST
PERIOD
2.2.5. HOSPITAL
IS THE MAJOR END-USER OF THE MEDICAL LIFTING SLING
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. VALUE
CHAIN ANALYSIS
2.7. KEY
BUYING CRITERIA
2.8. MARKET
DRIVERS
2.8.1. FAVORABLE
GOVERNMENT POLICIES
2.8.2. COST-BENEFIT
FACTOR
2.8.3. ADVANCEMENT
IN
2.8.4. RISE
IN RESEARCH AND DEVELOPMENT ACTIVITIES
2.9. MARKET
RESTRAINTS
2.9.1. COST
OF MEDICAL LIFTING SLINGS
2.10.
MARKET OPPORTUNITIES
2.10.1.
INCREASE IN GERIATRIC
POPULATION
2.10.2.
INCREASING LIFESTYLE-ORIENTED
DISEASES
2.11.
MARKET CHALLENGES
2.11.1.
STRICT RULES AND REGULATIONS
3. MEDICAL
LIFTING SLING MARKET OUTLOOK – BY PRODUCT
3.1. TRANSFER
SLING
3.2. UNIVERSAL
SLING
3.3. HAMMOCK
SLING
3.4. STANDING
SLING
3.5. SEATING
SLING
3.6. TOILET
SLING
3.7. OTHER
PRODUCTS
4. MEDICAL
LIFTING SLING MARKET OUTLOOK – BY MATERIAL
4.1. NYLON
SLING
4.2. PADDED
SLING
4.3. MESH
SLING
4.4. CANVAS
SLING
4.5. OTHER
MATERIALS
5. MEDICAL
LIFTING SLING MARKET OUTLOOK – BY USAGE
5.1. REUSABLE
SLING
5.2. DISPOSABLE
SLING
6. MEDICAL
LIFTING SLING MARKET OUTLOOK – BY END-USER
6.1. HOSPITALS
6.2. HOME
CARE FACILITIES
6.3. ELDERLY
CARE FACILITIES
6.4. OTHER
END-USERS
7. MEDICAL
LIFTING SLING MARKET – ASIA-PACIFIC
7.1. CHINA
7.2. JAPAN
7.3. INDIA
7.4. SOUTH
KOREA
7.5. ASEAN
COUNTRIES
7.6. AUSTRALIA
& NEW ZEALAND
7.7. REST
OF ASIA-PACIFIC
8. COMPETITIVE
LANDSCAPE
8.1. PHILIPS
8.2. ARJOHUNTLEIGH,
INC.
8.3. BESTCARE
LLC
8.4. DJO GLOBAL (ACQUIRED BY COLFAX CORPORATION)
8.5. DRIVE
MEDICAL
8.6. INVACARE
CORP.
8.7. PRISM
MEDICAL LTD. (ACQUIRED BY LIMERSTON CAPITAL)
8.8. GULDMANN
INC.
8.9. HILL-ROM
HOLDINGS, INC.
8.10.
GF HEALTH PRODUCTS, INC.
8.11.
JOERNS HEALTHCARE, LLC
8.12.
CARE & INDEPENDENCE
8.13.
ETAC AB
8.14.
HANDICARE AS
8.15.
SILVALEA LTD.
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.1.1. OBJECTIVES
OF STUDY
9.1.2. SCOPE
OF STUDY
9.2. SOURCES
OF DATA
9.2.1. PRIMARY
DATA SOURCES
9.2.2. SECONDARY
DATA SOURCES
9.3. RESEARCH
METHODOLOGY
9.3.1. EVALUATION
OF PROPOSED MARKET
9.3.2. IDENTIFICATION
OF DATA SOURCES
9.3.3. ASSESSMENT
OF MARKET DETERMINANTS
9.3.4. DATA
COLLECTION
9.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2019-2027 (IN $ MILLION)
TABLE 4: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY MATERIAL, 2019-2027 (IN $ MILLION)
TABLE 5: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY USAGE, 2019-2027 (IN $ MILLION)
TABLE 6: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2018 & 2027 (IN %)
FIGURE 2: ASIA-PACIFIC
TRANSFER MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: ASIA-PACIFIC
NYLON MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: ASIA-PACIFIC
DISPOSABLE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC
HOSPITAL MARKET FOR MEDICAL LIFTING SLING, 2019-2027 (IN $ MILLION)
FIGURE 6: PORTER’S FIVE
FORCES ANALYSIS
FIGURE 7: MARKET
ATTRACTIVENESS INDEX
FIGURE 8: VALUE CHAIN
FOR MEDICAL LIFTING SLING
FIGURE 9: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY TRANSFER SLING, 2019-2027 (IN $ MILLION)
FIGURE 10: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY UNIVERSAL SLING, 2019-2027 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY HAMMOCK SLING, 2019-2027 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY STANDING SLING, 2019-2027 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY SEATING SLING, 2019-2027 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY TOILET SLING, 2019-2027 (IN $ MILLION)
FIGURE 15: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY OTHER PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY NYLON SLING, 2019-2027 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY PADDED SLING, 2019-2027 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY MESH SLING, 2019-2027 (IN $ MILLION)
FIGURE 19: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY CANVAS SLING, 2019-2027 (IN $ MILLION)
FIGURE 20: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY OTHER MATERIALS, 2019-2027 (IN $ MILLION)
FIGURE 21: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY REUSABLE SLING, 2019-2027 (IN $ MILLION)
FIGURE 22: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY DISPOSABLE SLING, 2019-2027 (IN $ MILLION)
FIGURE 23: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY HOSPITALS, 2019-2027 (IN $ MILLION)
FIGURE 24: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY HOME CARE FACILITIES, 2019-2027 (IN $ MILLION)
FIGURE 25: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY ELDERLY CARE FACILITIES, 2019-2027 (IN $
MILLION)
FIGURE 26: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)
FIGURE 27: ASIA-PACIFIC
MEDICAL LIFTING SLING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 28: CHINA
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: JAPAN
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: INDIA
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 31: SOUTH KOREA
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 32: ASEAN
COUNTRIES MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 33: AUSTRALIA
& NEW ZEALAND MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 34: REST OF
ASIA-PACIFIC MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)