The Worldwide Medical Lifting Sling Industry is Expected to Reach $1.7 Billion by 2030 - ResearchAndMarkets.com | Business Wire

2022-08-21 23:32:53 By : Ms. Lisa Qiao

DUBLIN--(BUSINESS WIRE )--The "Global Medical Lifting Sling Market Size, Share & Trends Analysis Report, by Product (Nylon, Padded, Mesh, Canvas), by Application (Transfer, Universal, Hammock, Standing, Seating, Toilet, Bariatric), by Usage, by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global medical lifting sling market is anticipated to reach USD 1.7 billion by 2030. The market is expected to expand at a CAGR of 8.5% from 2022 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.

Medical Lifting Sling Market Report Highlights

For more information about this report visit https://www.researchandmarkets.com/r/iehd14

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900