Market By Product, Material, Usage, End-user, And Region | Forecast 2019-2027
According to Triton market Research, the Latin America market for medical lifting slings is expected to proliferate in terms of revenue, at a CAGR of 9.51% in the forecast years 2019-2027.
Countries scrutinized in the Latin America medical lifting sling market include:
• Brazil
• Mexico
• Rest of Latin America
Argentina has gained popularity as a medical tourism destination. Thus, the patients arriving in the country to seek treatment require longer hospital stays. This calls for the adoption of durable medical equipment. Besides, the increase in the number of medical tourists increases the number of treatment procedures requiring the usage of medical lifting slings, beds, walkers, wheelchairs, and other medical furniture. This would provide a significant boost to the country’s medical lifting sling market.
In Colombia, there are several high-quality hospitals & clinics providing both, general as well as specialized medical equipment and services. There are several upcoming tenders for the development of new projects. In Bogota, there is one such upcoming project for developing five hospitals – two of these hospitals would be constructed; whereas, three would be developed further, and have a major overhaul. Four out of the total five projects would be built under public-private partnerships, which shows the strong healthcare infrastructure in the country. Moreover, these projects are expected to add nearly 1272 beds and around 670,000 sq. ft. of infrastructure to the market. The robust healthcare system contributes to the growth of the medical lifting sling market in the country. The developments in the markets of Argentina and Peru are expected to fuel the Rest of Latin America medical sling market.
DJO Global, Inc. manufactures and distributes orthopedic devices for rehabilitation, physical therapy, and pain management. The company markets its products under various brands, such as CMF, Aircast, Compex, DonJoy, Chattanooga, DJO Surgical, ProCare, Exos, and Dr. Comfort. DJO operates in Latin America, North America, Asia, Europe, and South Africa. In February 2019, the company was acquired by Colfax Corporation for $3.15 billion.
1. LATIN
AMERICA 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 SLING
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 – LATIN AMERICA
7.1. BRAZIL
7.2. MEXICO
7.3. REST
OF LATIN AMERICA
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: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY PRODUCT, 2019-2027 (IN $ MILLION)
TABLE 4: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY MATERIAL, 2019-2027 (IN $ MILLION)
TABLE 5: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY USAGE, 2019-2027 (IN $ MILLION)
TABLE 6: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 7: LATIN AMERICA MEDICAL
LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2018 & 2027 (IN %)
FIGURE 2: LATIN AMERICA
TRANSFER MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: LATIN AMERICA NYLON
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: LATIN AMERICA
DISPOSABLE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
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: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY TRANSFER SLING, 2019-2027 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY UNIVERSAL SLING, 2019-2027 (IN $ MILLION)
FIGURE 11: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY HAMMOCK SLING, 2019-2027 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY STANDING SLING, 2019-2027 (IN $ MILLION)
FIGURE 13: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY SEATING SLING, 2019-2027 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY TOILET SLING, 2019-2027 (IN $ MILLION)
FIGURE 15: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY OTHER PRODUCTS, 2019-2027 (IN $ MILLION)
FIGURE 16: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY NYLON SLING, 2019-2027 (IN $ MILLION)
FIGURE 17: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY PADDED SLING, 2019-2027 (IN $ MILLION)
FIGURE 18: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY MESH SLING, 2019-2027 (IN $ MILLION)
FIGURE 19: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY CANVAS SLING, 2019-2027 (IN $ MILLION)
FIGURE 20: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY OTHER MATERIALS, 2019-2027 (IN $ MILLION)
FIGURE 21: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY REUSABLE SLING, 2019-2027 (IN $ MILLION)
FIGURE 22: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY DISPOSABLE SLING, 2019-2027 (IN $ MILLION)
FIGURE 23: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY HOSPITALS, 2019-2027 (IN $ MILLION)
FIGURE 24: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY HOME CARE FACILITIES, 2019-2027 (IN $ MILLION)
FIGURE 25: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY ELDERLY CARE FACILITIES, 2019-2027 (IN $
MILLION)
FIGURE 26: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)
FIGURE 27: LATIN AMERICA
MEDICAL LIFTING SLING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 28: BRAZIL MEDICAL
LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: MEXICO MEDICAL
LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 30: REST OF LATIN
AMERICA MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)