ASIA-PACIFIC MEDICAL LIFTING SLING MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

ASIA-PACIFIC MEDICAL LIFTING SLING MARKET 2019-2027

Market By Product, Material, Usage, End-user, And Region | Forecast 2019-2027

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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.

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Table of Content

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 TECHNOLOGY

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

List of table

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)       

List of Figures

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)       

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