China Medical Lifting Sling Market Size & Outlook
China medical lifting sling market, 2018-2030 (US$M)
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China medical lifting sling market highlights
- The China medical lifting sling market generated a revenue of USD 51.0 million in 2023 and is expected to reach USD 95.1 million by 2030.
- The China market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, nylon slings was the largest revenue generating product in 2023.
- Nylon Slings is the most lucrative product segment registering the fastest growth during the forecast period.
Medical lifting sling market data book summary
| Market revenue in 2023 | USD 51.0 million |
| Market revenue in 2030 | USD 95.1 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Nylon slings |
| Fastest growing segment | Nylon Slings |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon Slings, Padded Slings, Mesh Slings, Canvas Slings, Other Slings |
| Key market players worldwide | Arjo AB Class B, Baxter International Inc |
Other key industry trends
- In terms of revenue, China accounted for 5.1% of the global medical lifting sling market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China medical lifting sling market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 95.1 million by 2030.
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Medical Lifting Sling Market Scope
Medical Lifting Sling Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 29.61% in 2023. Horizon Databook has segmented the China 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.
With high unmet needs of the huge population base in the country, the Chinese medical lifting slings market is expected to witness an impressive growth during the forecast period. Moreover, with many healthcare reforms in China, the market is expected to exhibit substantial growth. For instance, Life Seeds - China Rural Health Initiative (CRHI) is expected to provide healthcare access to unattended parts of China, thus opening up avenues for market players.
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Target buyers of China medical lifting sling market databook
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Our clientele includes a mix of medical lifting sling market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China medical lifting sling market , including forecasts for subscribers. This country databook contains high-level insights into China medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medical lifting sling market size, by product, 2018-2030 (US$M)
China Medical Lifting Sling Market Outlook Share, 2023 & 2030 (US$M)
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