According to the research report titled ‘GLOBAL MEDICAL LIFTING SLING MARKET 2019-2027’ available with Market Study Report, global medical lifting sling market is expected to exhibit a healthy CAGR of 9.26% in terms of revenue over 2019-2027.
 

Industry experts claim that increasing research & development activities, robust technological advancements, high affordability of the product, and favorable government initiatives are bolstering the growth of global medical lifting sling market size.
 

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Additionally, growing prevalence of lifestyle-oriented diseases coupled with rising geriatric population are further stimulating the overall market outlook. However, stringent government regulations, lack of labor, and high costs associated with the product are expected to hamper the global medical lifting sling market growth throughout the study period.
 

Based on product, the market is divided into toilet sling, seating sling, standing sling, hammock sling, universal sling, transfer sling, and others. With regards to material, the market comprises of canvas sling, mesh sling, padded sling, nylon sling, and others.
 

Moving on to end-user landscape, global medical lifting sling industry is bifurcated into elderly care facilities, home care facilities, hospitals, and others.
 

As per the regional analysis, worldwide medical lifting sling market is segmented into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa. The country-level segmentation consists of Canada, U.S., Japan, China, India, South Korea, Australia & New Zealand, France, Spain, Italy, Germany, U.K., Mexico, Brazil, UAE, Turkey, Saudi Arabia and Turkey among others.
 

As per the research document, Asia-Pacific medical lifting sling market is anticipated to register substantial growth during 2019-2027. Favorable government investments towards infrastructural development of healthcare sector in India and China along with growing product demand across home care centers and hospitals owing to rising geriatric population, which in turn is fostering the expansion of the regional market.
 

The organizations that outline the worldwide medical lifting sling market trends are Silvalea Limited, Handicare AS, Etac AB, Care & Independence Ltd., Joerns Healthcare LLC, GF Health Products Inc., Hill-Rom Holdings Inc., Guldmann Inc., Invacare Corporation,  Prism Medical Ltd., Medical Depot Inc., DJO Global Inc., Bestcare LLC, Arjohuntleigh Inc., and Koninklijke Philips N.V.