NORTH AMERICA MEDICAL LIFTING SLING MARKET 2019-2027

Lifesciences | Medical Devices & Consumables

NORTH AMERICA MEDICAL LIFTING SLING MARKET 2019-2027

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

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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.

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Table of Content

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

List of table

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)       

List of Figures

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)

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