Rising Geriatric Population and Their Dependency on Such Product to Drive Sales of Medical Lifting Slings Market to US$1,350 Mn by 2027-End, Finds TMR

Rising Geriatric Population and Their Dependency on Such Product to Drive Sales of Medical Lifting Slings Market to US$1,350 Mn by 2027-End, Finds TMR

PR Newswire

ALBANY, New York, March 20, 2020

ALBANY, New York, March 20, 2020 /PRNewswire/ -- Transparency Market Research has now published a new research report that talks about the working dynamics of the global medical lifting slings market. The research report tried highlight the important growth factors, inhibiting factors, key segments, current geographical outlook, and the overall state of the vendor landscape of the global medical lifting slings market.

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As per the findings of the research report, the global medical lifting slings market was valued around US$520.0 Mn in 2018. The market is expected to showcase a highly promising CAGR of 9.6% over the course of the provided forecast period of 2019 to 2027. With this rate of growth, the global market for medical lifting slings is expected to reach a new and higher valuation worth US$1,350 Mn by the fall of 2027.

Global Medical Lifting Slings Market – Key Takeaways

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Medical Lifting Slings Market by Product - Bariatric Slings, Seating Slings, Stand up Slings, Universal Slings, Hammock Slings Transfer Slings, Toileting Slings; Usage - Reusable, Disposable; Shape - U Shape Slings, Full Body Slings; End use - Hospitals, Home Healthcare, Nursing Homes, Assisted Living Facility

Read a Detailed TOC of the Report - https://www.transparencymarketresearch.com/report-toc/6559

Global Medical Lifting Slings Market – Prominent Driving Factors

Inquire for a Sample Copy of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6559

Global Medical Lifting Slings Market – Geographical Outlook

Analyze Medical Lifting Slings Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea.

Download a PDF Brochure of the Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=6559

Global Medical Lifting Slings Market – Key Players

Some of the prominent brands in the global medical lifting slings market are Invacare Corporation, Medical Depot, Inc. dba DeVilbiss Healthcare, Medline Industries, Inc., Bestcare, LLC, DJO Global, Arjo, Prism Medical, Handicare, Vancare, Osprey Sling Company, NAUSICAA MEDICAL, and HoverTech International among others.

Market Segmentation is as follows

By Product

By Usage

By Shape

By End use

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Home Health Care Market - There are a number of reasons why the global home healthcare market is predicted to multiply in the years to come. These are: the increase in geriatric population that find it difficult to visit hospitals as well as other diagnostic centres repeatedly, the efforts undertaken by the government for promoting home healthcare, chronic illnesses, the increasing healthcare expenditure, the growing need for reasonably priced treatments, and the technological improvements in the field of pharmaceuticals as well as medical science. 

Mobility Aid Devices Market - The global mobility aid devices market is projected to reach US$ 13,826.1 Mn by 2026, expanding at a single digit CAGR during the forecast period. Increase in the geriatric population fuels the growth of the global mobility aid devices market. Population aged 65 years and above is anticipated increase rapidly in the next few years. According to the Journal of Aging Research, the geriatric population in the U.S. alone is expected to reach 87 million by 2050. 

Medical Adhesives Market - Medical adhesives are chemical formulations that are used in adhering or bonding two different types of surfaces in medical procedures. Medical adhesives have been widely used in joint replacement therapies and a number of dental applications. However, they are now finding new applications in various medical procedures. 

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