South Africa Medical Lifting Sling Market Size & Outlook
South Africa medical lifting sling market, 2018-2030 (US$M)
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South Africa medical lifting sling market highlights
- The South Africa medical lifting sling market generated a revenue of USD 14.9 million in 2023 and is expected to reach USD 26.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.5% 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 14.9 million |
| Market revenue in 2030 | USD 26.5 million |
| Growth rate | 8.5% (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, South Africa accounted for 1.5% 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 Middle East & Africa, South Africa medical lifting sling market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 26.5 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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South Africa 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 29.53% in 2023. Horizon Databook has segmented the South Africa 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.
Along with epidemic diseases the prevalence of chronic diseases such as diabetes is rising in African region especially in South Africa. As per the data published by the International Diabetes Federation, in 2015 more than 14.0 million people were suffering from diabetes in Africa region.
Out of aforementioned 14.0 million around 2.28 million in South Africa had diabetes which is huge number, and this number is anticipated to increase by two fold by 2040.This increase is expected to propel demand of medical lifting slings over the forecast period.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa medical lifting sling market , including forecasts for subscribers. This country databook contains high-level insights into South Africa medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa medical lifting sling market size, by product, 2018-2030 (US$M)
South Africa Medical Lifting Sling Market Outlook Share, 2023 & 2030 (US$M)
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