Market By Product, Material, Usage, End-user, And Region | Forecast 2019-2027
Triton Market Research, in its report on the medical lifting sling market, has concluded that it would grow at a CAGR of 9.09% in the estimated years between 2019 and 2027.
The countries evaluated in the North America medical lifting sling market are:
• The United States
• Canada
The WHO has stated that North America has the highest prevalence rate of cardiovascular disease, coronary heart disease, stroke, and hypertension, among others. This growth in lifestyle-oriented diseases, coupled with the increasing healthcare expenditure and technological advancement, is driving the demand for medical lifting slings in the region, thereby supplementing the growth of North America’s medical lifting sling market.
As a result of increasing sports-related injuries and the growing aged populace, a substantial number of orthopedic soft-tissue surgeries take place in the region, which also adds to the rising demand for lifting slings. However, the growth of this market is challenged by the low adoption of medical lifting slings in countries with poor economic growth, owing to poor purchasing power.
Various surgeries, such as those for heart or orthopedic surgeries, are cheaper in Canada, than in the US. Therefore, there is a high need for medical lifting slings in the country. Besides, the Government of Canada provides favorable healthcare policies; thus, the cost of these surgeries is not a worrying factor for the citizens. Each citizen and permanent resident is provided with medical insurance, and 70% of the cost is paid for by the government. The robust healthcare policies thereby boost the market for medical lifting slings in the country.
Prism Medical Ltd. is a Canada-based company, manufacturing and distributing medical equipment and services. The company provides patient handling products that facilitate movement in those with moving disabilities. Prism markets its products under various brands, such as Prism Medical, Waverly Glen, Ergosafe, and Nightingale. The company has gained a solid reputation over the years, and is known for its robust supply chain, providing products to hospitals.
1. NORTH
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 TECHNOLOGY
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 – NORTH AMERICA
7.1. UNITED
STATES
7.2. CANADA
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: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2019-2027 (IN $ MILLION)
TABLE 4: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY MATERIAL, 2019-2027 (IN $ MILLION)
TABLE 5: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY USAGE, 2019-2027 (IN $ MILLION)
TABLE 6: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY END-USER, 2019-2027 (IN $ MILLION)
TABLE 7: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
FIGURE 1: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2018 & 2027 (IN %)
FIGURE 2: NORTH AMERICA
TRANSFER MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 3: NORTH AMERICA
NYLON MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 4: NORTH AMERICA
DISPOSABLE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 5: NORTH 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: NORTH AMERICA
MEDICAL LIFTING SLING MARKET, BY TRANSFER SLING, 2019-2027 (IN $ MILLION)
FIGURE 10: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY UNIVERSAL SLING, 2019-2027 (IN $
MILLION)
FIGURE 11: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY HAMMOCK SLING, 2019-2027 (IN $
MILLION)
FIGURE 12: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY STANDING SLING, 2019-2027 (IN $
MILLION)
FIGURE 13: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY SEATING SLING, 2019-2027 (IN $
MILLION)
FIGURE 14: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY TOILET SLING, 2019-2027 (IN $ MILLION)
FIGURE 15: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY OTHER PRODUCTS, 2019-2027 (IN $
MILLION)
FIGURE 16: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY NYLON SLING, 2019-2027 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY PADDED SLING, 2019-2027 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY MESH SLING, 2019-2027 (IN $ MILLION)
FIGURE 19: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY CANVAS SLING, 2019-2027 (IN $ MILLION)
FIGURE 20: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY OTHER MATERIALS, 2019-2027 (IN $
MILLION)
FIGURE 21: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY REUSABLE SLING, 2019-2027 (IN $ MILLION)
FIGURE 22: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY DISPOSABLE SLING, 2019-2027 (IN $
MILLION)
FIGURE 23: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY HOSPITALS, 2019-2027 (IN $ MILLION)
FIGURE 24: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY HOME CARE FACILITIES, 2019-2027 (IN $
MILLION)
FIGURE 25: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY ELDERLY CARE FACILITIES, 2019-2027 (IN
$ MILLION)
FIGURE 26: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)
FIGURE 27: NORTH
AMERICA MEDICAL LIFTING SLING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 28: UNITED
STATES MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)
FIGURE 29: CANADA
MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)