UK Medical Lifting Sling Market Size & Outlook, 2023-2030
UK medical lifting sling market, 2018-2030 (US$M)
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UK medical lifting sling market highlights
- The UK medical lifting sling market generated a revenue of USD 26.3 million in 2023 and is expected to reach USD 41.8 million by 2030.
- The UK market is expected to grow at a CAGR of 6.9% 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 26.3 million |
| Market revenue in 2030 | USD 41.8 million |
| Growth rate | 6.9% (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, UK accounted for 2.6% 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 Europe, Germany medical lifting sling market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 92.0 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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UK 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 29.66% in 2023. Horizon Databook has segmented the UK 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.
The UK is expected to contribute comparatively high to the European medical lifting slings market owing to a continuously rising population with physical disabilities.
For instance, according to the Family Resources Survey report by The Department for Work and Pensions (DWP), UK, in 2015, approximately 11.9 million people were disabled (about 1 in 5 people [19%]) are disabled and this figure has been relatively constant over time (12.2 million in 2012/13).
In addition, in 2012-2013, 7% of children were disabled (0.9 million) as compared to 16% of adults of working age (6.1 million) and 42% of adults over state pension age (5.1 million).
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Horizon Databook provides a detailed overview of country-level data and insights on the UK medical lifting sling market , including forecasts for subscribers. This country databook contains high-level insights into UK medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medical lifting sling market size, by product, 2018-2030 (US$M)
UK Medical Lifting Sling Market Outlook Share, 2023 & 2030 (US$M)
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