According to the latest study titled ‘GLOBAL Medical Lifting Sling Market 2019-2027’, available with Market Study Report, global medical lifting sling market is anticipated to record a y-o-y growth rate of 9.26% over 2019-2027.
 

Report findings suggest that booming elderly population with surging cases of lifestyle diseases, in consort with advancements in medical technologies, and constant research & development activities backed by government funding are catalyzing the global medical lifting sling market growth.
 

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Though cost-benefit acts in the favor of the industry scenario, factors like dearth of skilled professionals, and strict federal regulations are slated to restrain the growth matrix over the forecast period.
 

Speaking of product gamut, worldwide medical lifting sling market is categorized into seating sling, hammock sling, standing sling, universal sling, toilet sling, transfer sling, and others. Based on material used, the industry is fragmented into mesh sling, padded sling, canvas sling, and nylon sling among others.
 

As per usage, the product is available at disposable sling, and reusable sling. While, various end-users contributing towards global medical lifting sling industry valuation are elderly care facilities, home care facilities, hospitals, and others.
 

Considering the regional landscape, the report cites that Asia Pacific is reckoned to generate massive revenues for global medical lifting sling market over 2019-2027, attributable to inflowing investments towards healthcare infrastructure development in nations like India and China. Also, demographic shift towards geriatric population, leading to escalating demand for medical lifting slings from home care settings and hospitals will provide impetus to industry growth trajectory.
 

Lastly, well-renowned players profiled in the business intelligence report are Silvalea Ltd., Handicare AS, Etac AB, Care & Independence Ltd., Joerns Healthcare LLC, GF Health Products Inc., Hill-Rom Holdings Inc., Guldmann Inc., Prism Medical Ltd., Invacare Corp., Drive Medical, DJO Global, Bestcare LLC, ArjoHuntleigh Inc., and Koninklijke Philips N.V.