Research and Markets: Medical Lifting Sling Market 2015: Transfer, Hammock, Toilet, Seating, Universal, Standing, Bariatric – Forecast to 2020
September 7, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/jtxhc4/medical_lifting) has announced the addition of the “Medical Lifting Sling Market by Product (Transfer, Hammock, Toilet, Seating, Universal, Standing, Bariatric), by Material (Nylon, Padded, Canvas), by Usage Type (Disposable, Reusable), End User (Home, Hospital, Elderly) -Forecast to 2020” report to their offering.
The medical lifting sling market is expected to grow at a double-digit CAGR of 11.4% to reach USD 706.0 Million by 2020
Factors such as rising geriatric population, increasing incidences of lifestyle diseases, and high recovery cost from injuries resulting from manual handling of patient handling equipment are driving the growth of this market. However, lack of skilled training and knowledge to handle patients and persistent difficulty in handling obese patients are hindering the growth of this market.
On the basis of products, the medical lifting sling market is segregated into standing slings, seating slings, universal slings, hammock slings, transfer slings, toilet slings, bariatric slings, and others (such as positioning and pivot slings). The transfer sling segment is expected to be the largest segment and fastest growing segment in the forecast period. This growth can be attributed to the multi-purpose usage of the sling.
On the basis of usage type, the medical lifting sling market is divided into disposable and reusable slings. In 2015, the reusable segment will hold the largest share of the medical lifting sling market. However, the disposable slings segment will show the highest growth rate. The growth of the disposable slings segment is propelled by the reduced risk of cross-infection as these slings can only be used by a single patient.
On the basis of end users, the medical lifting sling market is classified into home care, hospital, elderly care, and others (emergency medical services, long-term acute care facilities, trauma centers, and nursing homes). Hospitals are the major end users of this market. On the basis of type of material, the medical lifting sling market is categorized into nylon, padded, mesh, canvas, and others (polypropylene and cotton). Nylon is the largest as well as fastest growing segment of this market. The factor contributing to growth of this segment is the use of nylon in various types of slings used for bathing, toileting and other functions.
Geographically, the medical lifting sling market is dominated by Europe, followed by North America. North America is expected to grow at a double-digit CAGR during the forecast period.
Key players operating in the medical lifting sling market are ArjoHuntleigh, Inc. (Sweden), Hill-Rom Holdings Inc. (U.S.), Guldmann, Inc. (Denmark), Invacare Corporation (U.S.) and Prism Medical Ltd. (Canada)
For more information visit http://www.researchandmarkets.com/research/jtxhc4/medical_lifting
View source version on businesswire.com: http://www.businesswire.com/news/home/20150907005108/en/
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Sector: Medical Devices
