EUROPE MEDICAL LIFTING SLING MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

EUROPE MEDICAL LIFTING SLING MARKET 2019-2027

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

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An analysis by Triton, on Europe’s medical lifting sling market, depicts that it will show substantial growth, at a CAGR of 9.18%, in the forecasting years between 2019 and 2027.

The countries analyzed in the European medical lifting sling market are:

•    The United Kingdom

•    Russia

•    Spain

•    Italy

•    Germany

•    France

•    Rest of Europe

A report by the Diabetes Organization of Europe states that around 3.3 million people in Europe are diabetic. With an incidence rate of 6.9%, Wales has the highest people affected, followed by England, at 6.2%. The reason for the high prevalence of diabetes is attributable to unhealthy lifestyles as well as a high number of older people. These factors drive the demand for the adoption of medical lifting slings in Europe. 

Italy’s national health plan covers the hospital and medical charges for the population. Also, around 30% of the population has availed additional private health insurance. With the public and private (both profit and non-profit) hospitals co-existing throughout the country, the country depicts a robust healthcare infrastructure. This promotes the growth of the medical lifting sling market in Italy.

As per data from the World Bank, the German government spends significantly on healthcare ($4683 per person). The private sector companies provide health insurance to their employees. Whereas, the federal government insures employees from the public sector. The Government of Germany has devised several healthcare programs to raise awareness regarding fatal diseases, in the public. Thus, support from the government to provide better healthcare facilities is boosting the growth of Germany’s medical lifting sling market. 

A subsidiary of the Getinge Group, Arjohuntleigh is a global med-tech company having its headquarters in Malmo, Sweden. It was formed in 2007, as a result of a merger between ARJO and Huntleigh Technology. The company has a strong brand name in the medical sling market, and is known for its loop slings, clip slings, bariatric slings, and lateral transfer & repositioning slings, among others. In July 2019, it gained substantial equity in Atlas Lift Tech, which provides solutions for safe patient handling and mobility (SPHM), and became part of its Board of Directors.

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Table of Content

1.    EUROPE 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 – EUROPE

7.1. UNITED KINGDOM

7.2. GERMANY

7.3. FRANCE

7.4. SPAIN

7.5. ITALY

7.6. RUSSIA

7.7. REST OF EUROPE

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: EUROPE MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)      

TABLE 2: VENDOR SCORECARD        

TABLE 3: EUROPE MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2019-2027 (IN $ MILLION)      

TABLE 4: EUROPE MEDICAL LIFTING SLING MARKET, BY MATERIAL, 2019-2027 (IN $ MILLION)      

TABLE 5: EUROPE MEDICAL LIFTING SLING MARKET, BY USAGE, 2019-2027 (IN $ MILLION)           

TABLE 6: EUROPE MEDICAL LIFTING SLING MARKET, BY END-USER, 2019-2027 (IN $ MILLION)      

TABLE 7: EUROPE MEDICAL LIFTING SLING MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)       

List of Figures

FIGURE 1: EUROPE MEDICAL LIFTING SLING MARKET, BY PRODUCT, 2018 & 2027 (IN %)           

FIGURE 2: EUROPE TRANSFER MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 3: EUROPE NYLON MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 4: EUROPE DISPOSABLE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 5: EUROPE 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: EUROPE MEDICAL LIFTING SLING MARKET, BY TRANSFER SLING, 2019-2027 (IN $ MILLION)

FIGURE 10: EUROPE MEDICAL LIFTING SLING MARKET, BY UNIVERSAL SLING, 2019-2027 (IN $ MILLION)         

FIGURE 11: EUROPE MEDICAL LIFTING SLING MARKET, BY HAMMOCK SLING, 2019-2027 (IN $ MILLION)   

FIGURE 12: EUROPE MEDICAL LIFTING SLING MARKET, BY STANDING SLING, 2019-2027 (IN $ MILLION)   

FIGURE 13: EUROPE MEDICAL LIFTING SLING MARKET, BY SEATING SLING, 2019-2027 (IN $ MILLION)

FIGURE 14: EUROPE MEDICAL LIFTING SLING MARKET, BY TOILET SLING, 2019-2027 (IN $ MILLION)      

FIGURE 15: EUROPE MEDICAL LIFTING SLING MARKET, BY OTHER PRODUCTS, 2019-2027 (IN $ MILLION)         

FIGURE 16: EUROPE MEDICAL LIFTING SLING MARKET, BY NYLON SLING, 2019-2027 (IN $ MILLION)

FIGURE 17: EUROPE MEDICAL LIFTING SLING MARKET, BY PADDED SLING, 2019-2027 (IN $ MILLION)

FIGURE 18: EUROPE MEDICAL LIFTING SLING MARKET, BY MESH SLING, 2019-2027 (IN $ MILLION)

FIGURE 19: EUROPE MEDICAL LIFTING SLING MARKET, BY CANVAS SLING, 2019-2027 (IN $ MILLION)

FIGURE 20: EUROPE MEDICAL LIFTING SLING MARKET, BY OTHER MATERIALS, 2019-2027 (IN $ MILLION)         

FIGURE 21: EUROPE MEDICAL LIFTING SLING MARKET, BY REUSABLE SLING, 2019-2027 (IN $ MILLION)   

FIGURE 22: EUROPE MEDICAL LIFTING SLING MARKET, BY DISPOSABLE SLING, 2019-2027 (IN $ MILLION)         

FIGURE 23: EUROPE MEDICAL LIFTING SLING MARKET, BY HOSPITALS, 2019-2027 (IN $ MILLION)      

FIGURE 24: EUROPE MEDICAL LIFTING SLING MARKET, BY HOME CARE FACILITIES, 2019-2027 (IN $ MILLION)           

FIGURE 25: EUROPE MEDICAL LIFTING SLING MARKET, BY ELDERLY CARE FACILITIES, 2019-2027 (IN $ MILLION)

FIGURE 26: EUROPE MEDICAL LIFTING SLING MARKET, BY OTHER END-USER, 2019-2027 (IN $ MILLION)         

FIGURE 27: EUROPE MEDICAL LIFTING SLING MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 28: UNITED KINGDOM MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)           

FIGURE 29: GERMANY MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)         

FIGURE 30: FRANCE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION) 

FIGURE 31: SPAIN MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)      

FIGURE 32 ITALY MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33: RUSSIA MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)   

FIGURE 34: REST OF EUROPE MEDICAL LIFTING SLING MARKET, 2019-2027 (IN $ MILLION)            

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