U.S. Medical Lifting Sling Market Size & Outlook
U.S. medical lifting sling market, 2018-2030 (US$M)
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U.S. medical lifting sling market highlights
- The U.S. medical lifting sling market generated a revenue of USD 272.4 million in 2023 and is expected to reach USD 457.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.7% 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 272.4 million |
| Market revenue in 2030 | USD 457.1 million |
| Growth rate | 7.7% (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, U.S. accounted for 27.1% 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 North America, U.S. medical lifting sling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 93.5 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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U.S. 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 29.63% in 2023. Horizon Databook has segmented the U.S. 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.
According to the U.S. Census Bureau, the population aged above 65 years is likely to increase from 40.2 million in 2010 to 54.8 million in 2020. Increasing geriatric population in the U.S. is expected to fuel the growth of the medical lifting slings market in North America.
Increasing incidence of lifestyle impairments in the U.S., owing to changing lifestyle is expected to propel the demand for medical lifting slings market. In addition, presence of number of major market players in the U.S. such as Hill-Rom, Invacare Corporation, and Joerns Healthcare, LLC are expected to contribute prominently to the growth of the medical lifting slings market.
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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 U.S. medical lifting sling market , including forecasts for subscribers. This country databook contains high-level insights into U.S. medical lifting sling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. medical lifting sling market size, by product, 2018-2030 (US$M)
U.S. Medical Lifting Sling Market Outlook Share, 2023 & 2030 (US$M)
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