Medical Lifting Sling Market Size To Reach $1.74 Billion By 2030

Medical Lifting Sling Market Growth & Trends

The global medical lifting sling market size is anticipated to reach USD 1.74 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.6% from 2024 to 2030. Expanding geriatric and disabled population coupled with rising need for home healthcare products are propelling the market growth. Geriatric population forms the target population for this market. This demographic is highly susceptible to age-related disorders that in certain cases causes immobility. Moreover, the advent of long-term care centers and elderly care centers is creating growth opportunities for market players.

The outbreak of COVID-19 in the year 2020 has positively impacted the medical lifting sling market growth. Increased number of COVID-19 cases and high demand for ventilator support, surged the importance of having supporting aids during the entire stay in hospital. In addition, WHO published the guidance for using disposable medical lifting slings and other equipment, regarding the management of COVID-19 patients. These factors are anticipated to create huge growth opportunities for market players over the forecast period.

Moreover, the prevalence of disabilities is also boosting the demand for the slings. As per the data published by WHO, around 15% of the world’s population lives with some form of disability. Out of those some 2% to 4% population experience difficulties in functioning. Old people of 80 years or above are about eight times more likely to have a disability. As per the data published by the U.S. Census Bureau, around 19.9 million people had difficulty in lifting and grasping. All these factors are positively influencing the need for assistive devices like medical lifting slings to obtain mobility.

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Medical Lifting Sling Market Report Highlights

• Based on product, the nylon slings segment led the market in 2023 with the largest revenue share of 29.65%. It is also expected to grow fastest CAGR over the forecast period.

• In terms of application, the transfer slings segment led the market with the largest revenue share of 29.35% in 2023. The dominance of the segment can be attributed to its application, which includes transferring patients to and or from a chair, bed, and the floor.

• Based on end-use, the hospital segment led the market with a largest revenue share of 46.38% in 2023. The huge patient pool and a greater financing capability facilitate bulk purchasing of medical lifting slings in hospitals.

• North America dominated the market with a revenue share of 32.25% in 2023. The dominance of the region is due to increasing chronic diseases resulting from various lifestyle diseases such as cardiovascular disease (CVD) and diabetes in the U.S. and Canada.

Medical Lifting Sling Market Segmentation

Grand View Research has segmented the global medical lifting sling market on the basis of product, application, usage, size, end-use and region

Medical Lifting Sling Product Outlook (Revenue, USD Million, 2018 - 2030)

• Nylon Slings

• Padded Slings

• Mesh Slings

• Canvas Slings

• Other Slings

Medical Lifting Sling Application Outlook (Revenue, USD Million, 2018 - 2030)

• Transfer Slings

• Universal Slings

• Hammock Slings

• Standing Slings

• Seating Slings

• Toileting Slings

• Bariatric Slings

• Other Slings

Medical Lifting Sling Usage Outlook (Revenue, USD Million, 2018 - 2030)

• Reusable Slings

• Disposable Slings

Medical Lifting Sling End-Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospital

• Homecare

• Elderly Care

• Other Healthcare Settings

Medical Lifting Sling Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Spain

  • Italy

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players of Medical Lifting Sling Market

• Arjo

• Invacare Corporation.

• Baxter (Hill-Rom)

• Joerns Healthcare

• Prism Healthcare Ltd

• DJO, LLC

• Spectracare

• V. Guldmann A/S

• Silvalea ltd

• Etac AB