LATIN AMERICA MEDICAL LIFTING SLING MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

LATIN AMERICA MEDICAL LIFTING SLING MARKET 2019-2027

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

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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.

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Table of Content

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 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 – 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

List of table

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)       

List of Figures

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) 

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