The Medical Lifting Sling Market size in North America is estimated to grow USD 259.81 million by 2027 and USD 157.71 million in 2022, growing at a CAGR of 10.50% during the forecast period. It captures 28% of the global market.
The expansion of the North American medical lifting sling market is being driven by an increase in the geriatric population requiring help, growing impairments resulting from different lifestyle conditions such as diabetes and cardiovascular disease, and government policies promoting the usage of lifting slings. The use of hydraulic technology in patient elevating improves patient comfort while also reducing the extra labor necessary by the staff. As a result, technical developments in this industry are assisting the market's rapid growth. Government initiatives supporting the usage of lifting slings and the expensive cost of injury recuperation are driving the market's expansion. Neuromuscular disease patients often have limited movement capability and require continual assistance for any movement. In both homes and hospitals, they are the major users of lifting slings. As a result, the market is projected to grow as the number of neuromuscular patients who require lifting slings for proper movement rises.
The rapid development of advanced products for different purposes such as standing, seating, bathing, toileting, and certain specialty medical lifting slings for amputees or pediatrics is projected to drive the North American medical lifting slings market throughout the forecast period. The growth in adoption rate and high utilization while helping disabled patients and government programs to train hospital nurses is credited with the significant market share. Supported living facilities and home healthcare are expected to gain significant traction, with the former contributing the highest growth rate during the forecast period. The government is working to reduce healthcare expenses in collaboration with health groups. Domestic health services are rapidly expanding due to their ability to deliver efficient and cost-effective long-term patient care. All patient-management equipment, including patient lifting slings, is encouraged in these situations. As a result, the growth of home healthcare has a significant influence on the dynamics of the industry. Increasing technological advancements and modernization in healthcare procedures and an increase in healthcare research and development efforts will provide new opportunities for the medical lifting sling market in this region.
The North American medical lifting sling market is being held back by a lack of competent training and expertise in dealing with patients and the ongoing difficulties in dealing with obese patients. In addition, one of the major challenges faced by the market is that there is a significant danger of cross-infection in reusable slings, which has further hampered the market's growth throughout the forecast period.
This research report on the North America Medical Lifting Sling Market has been segmented and sub-segmented into the following categories:
By Usage Type
Based on geography, the North America Medical Lifting Sling has been segmented into the US, Canada, and Mexico. It is the second-largest market. The US is the leading player in the market. Because of improved infrastructure, an increase in the elderly population increased awareness of elevation slings, and experts in medical lifting slings, North America is leading the way. Because of the aging population of baby boomers, the United States now dominates the market for medical lifting slings in North America. Increased government policies encouraging the use of medical lifting slings are a key factor driving the market growth.
KEY MARKET PLAYERS:
A few of the notable operating in the North America medical lifting sling market are Argo Medical, Arjo Huntleigh, Bestcare, Drive DeVilbiss Healthcare, Hill-Rom Holdings, Etac AB, GF Health Products, Guldman, Invacare Corporation, Joerns Healthcare, and Prism Medical.
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