Global Medical Lifting Sling Market Size & Outlook
Global medical lifting sling market, 2018-2030 (US$M)
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Global medical lifting sling market highlights
- The global medical lifting sling market generated a revenue of USD 1,006.7 million in 2023 and is expected to reach USD 1,738.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.1% by 2030.
- In terms of segment, nylon slings accounted for a revenue of USD 298.5 million in 2023.
- Nylon Slings is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,006.7 million |
| Market revenue in 2030 | USD 1,738.3 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Nylon slings |
| Fastest growing segment | Nylon Slings |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon Slings, Padded Slings, Mesh Slings, Canvas Slings, Other Slings |
Other key industry trends
- In terms of revenue, the North America accounted for 32.3% of the global medical lifting sling market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 41.8 million by 2030.
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Medical Lifting Sling Market Scope
Medical Lifting Sling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical lifting sling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical lifting sling market will help companies and investors design strategic landscapes.
Nylon slings was the largest segment with a revenue share of 29.65% in 2023. Horizon Databook has segmented the Global medical lifting sling market based on nylon slings, padded slings, mesh slings, canvas slings, other slings covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Lifting Sling Product Outlook (Revenue, USD Million, 2018-2030)
- Nylon Slings
- Padded Slings
- Mesh Slings
- Canvas Slings
- Other Slings
- Global 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
- Global Medical Lifting Sling Usage Outlook (Revenue, USD Million, 2018-2030)
- Reusable Slings
- Disposable Slings
- Global Medical Lifting Sling End-Use Outlook (Revenue, USD Million, 2018-2030)
- Hospital
- Homecare
- Elderly Care
- Other Healthcare Settings
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Horizon Databook provides a detailed overview of global-level data and insights on the Global medical lifting sling market , including forecasts for subscribers. This global databook contains high-level insights into Global medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical lifting sling market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical lifting sling market size, 2023 (US$M)
Global medical lifting sling market share, by product, 2023 & 2030 (%, US$M)
Medical lifting sling market: Opportunity assessment by country
Global medical lifting sling market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 193.8 | 214.9 | 238.3 | 264.2 | 292.9 | 324.7 | 360.0 | 383.1 | 411.5 | 439.7 | 467.7 | 507.5 | 550.6 | 7.8% |
| Europe | 196.8 | 216.8 | 238.9 | 263.2 | 289.9 | 319.4 | 351.8 | 372.0 | 396.8 | 421.2 | 445.0 | 479.5 | 516.7 | 7.1% |
| Asia Pacific | 112.1 | 126.4 | 142.5 | 160.7 | 181.0 | 204.0 | 229.8 | 248.5 | 271.1 | 294.3 | 317.9 | 350.2 | 385.7 | 9.5% |
| Latin America | 48.4 | 54.3 | 60.9 | 68.3 | 76.5 | 85.8 | 96.2 | 103.6 | 112.5 | 121.5 | 130.7 | 143.4 | 157.3 | 9.0% |
| MEA | 42.3 | 47.2 | 52.6 | 58.6 | 65.3 | 72.8 | 81.1 | 86.8 | 93.7 | 100.7 | 107.7 | 117.5 | 128.1 | 8.4% |
| Overall | 593.4 | 659.5 | 733.1 | 814.8 | 905.7 | 1,006.7 | 1,118.9 | 1,193.9 | 1,285.6 | 1,377.3 | 1,468.9 | 1,598.0 | 1,738.3 | 8.1% |
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