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Detailed examination of the Latin American medical lifting sling market 2017-2023: market is anticipated to expand at a significant CAGR of 10.0%

Detailed examination of the Latin American medical lifting sling market 2017-2023: market is anticipated to expand at a significant CAGR of 10.0%

Latin America Medical Lifting Sling Market size was around USD 49.2 million in 2016. It is expected to grow at a CAGR of 10% to reach USD 79.24 million by 2021.

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 It captures 12% of the global market.While transferring bariatric patients it is important to have a comfortable lift sling. They are designed to be secure enough to handle the weight of the patient and soft enough to ensure comfort.

In order to accommodate a patient’s unique size, they are built in convenient loops that work with several types of lift and many of them are available in two sizes. In addition to being strong and durable, they are treated with antimicrobial protection which is intended for increasing the lifespan.

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Antimicrobial treatment thwarts the growth of harmful bacteria, viruses, microbes and other disease-causing microorganisms. It also blocks stains and odours caused by bodily fluids and other substances.

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Rising geriatric population, increasing cases of lifestyle diseases such as diabetes and cardiovascular disease (CVD), government initiatives and high recovery cost of injuries are the key drivers for stimulating the use of these instruments. A considerable percentage of the elderly population base suffers from mobility-related disorders, disabilities from non-contagious diseases.

These instruments are utilized in nursing homes, hospitals or clinics to transfer patients with limited mobility. Increasing number of partial immobility incidences and accidents has fuelled industry demand and growth in the past few years.

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Conversely, inadequate skilled personnel and difficulty in handling obese patients are hampering growth. Shortage of technical expertise and inadequate training to handle patients using these products in developing countries along with difficulties in handling obese patients is a hindrance to the Latin America medical lifting sling market.

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In this report, the latin America medical lifting sling market is broadly categorized on the basis of product, usage type, material, end user and region. If we go by products, the medical lifting sling market is broadly categorized into seating slings, standing slings, universal slings, hammock slings, transfer slings, toilet slings, bariatric slings, and others (such as positioning and pivot slings).

The transfer sling category is estimated to be the largest category and will also be the fastest growing category in the aforementioned forecast period. This growth is due to the multi-purpose application of these sling.

By type of material, the medical lifting sling market is segmented into nylon, padded, mesh, canvas, and others (polypropylene and cotton). Nylon is the largest as well as fastest growing segment of this market.

If we go by end users, the medical lifting sling market is segmented into elderly care, home care, hospital, and others (long-term acute care facilities, emergency medical services, trauma centres, and nursing homes). Hospitals are the primary end users of this market.

By usage type, the medical lifting sling market is segmented into disposable and reusable slings. In 2016, the reusable category will hold the biggest share of the medical lifting sling market.

But still, the disposable slings category will show the largest growth rate mainly due to the use of these slings helps control and prevent infections.

On the basis of geography, the Latin America Medical Lifting Sling has been segmented into Brazil, Chile, Argentina and others. It is second to last in terms of market share.

Brazil is the leading market in the region.

Key players in the medical lifting sling market are Argo Medical, Arjo Huntleigh, Bestcare, Drive DeVilbiss Healthcare, Hill-Rom Holdings, Etac AB, GF Health Products, Guldman, Invacare Corporation, Joerns Healthcare, and Prism Medical.

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