India Medical Lifting Sling Market Synopsis
The medical lifting sling market in India was valued at approximately USD 77 million and is anticipated to grow at a CAGR of 7% over the forecast period driven by factors like increasing prevalence of people suffering from disability due to aging population, improved access to healthcare services coupled with government initiatives supporting home care settings have been fostering demand for medical lifting slings among end users residing across the country over recent years. Moreover, technological advancements related to patient transferring devices along with growing awareness about personal safety among consumers are propelling sales opportunities for manufacturers operating within the native medical industry landscape.
Market Drivers of the market
In the healthcare sector, the India medical lifting sling market is being driven by an aging population and an increasing focus on patient care. Medical lifting slings help healthcare providers in safe patient handling and transferring, reducing the risk of injuries and improving patient comfort, which has contributed to their growing adoption.
Challenges of the Market
The medical lifting sling market in India encounters specific challenges that impact its growth and adoption. One of the significant challenges is the lack of awareness among healthcare facilities and caregivers about the importance of using lifting slings and proper lifting techniques. This can lead to an increased risk of patient injuries and deter market growth.Additionally, the high cost of medical lifting slings may restrict their adoption, particularly in smaller healthcare facilities and homes with limited budgets. Finding ways to offer cost-effective solutions without compromising quality becomes crucial in such a price-sensitive market.Moreover, ensuring compliance with stringent safety and quality regulations can be challenging for manufacturers. Meeting these standards and obtaining necessary certifications can be time-consuming and expensive.
Covid-19 Impact on the Market
The COVID-19 pandemic had a notable impact on India medical lifting sling market. The surge in healthcare facilities` requirements increased the demand for medical lifting slings. However, disruptions in the supply chain and manufacturing processes due to the pandemic affected market accessibility and affordability.
Key Players of the Market
The India Medical Lifting Sling Market is served by companies like Argo Medical, Drive DeVilbiss Healthcare, Guldmann, Joerns Healthcare, and Invacare Corporation.
Key Highlights of the Report:
- India Medical Lifting Sling Market Outlook
- Market Size of India Medical Lifting Sling Market, 2024
- Forecast of India Medical Lifting Sling Market, 2031
- Historical Data and Forecast of India Medical Lifting Sling Revenues & Volume for the Period 2021-2031
- India Medical Lifting Sling Market Trend Evolution
- India Medical Lifting Sling Market Drivers and Challenges
- India Medical Lifting Sling Price Trends
- India Medical Lifting Sling Porter's Five Forces
- India Medical Lifting Sling Industry Life Cycle
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Universal Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Transfer Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Hammock Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Standing Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Seating Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Toilet Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Bariatric Slings for the Period 2021-2031
- Historical Data and Forecast of India Universal Slings Medical Lifting Sling Market Revenues & Volume By Other Slings for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Material for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Nylon for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Padded for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Mesh for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Canvas for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Usage for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Reusable for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Disposable for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Home Care Facilities for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Hospitals for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Elderly Care Facilities for the Period 2021-2031
- Historical Data and Forecast of India Medical Lifting Sling Market Revenues & Volume By Other End Users for the Period 2021-2031
- India Medical Lifting Sling Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Material
- Market Opportunity Assessment By Usage
- Market Opportunity Assessment By End User
- India Medical Lifting Sling Top Companies Market Share
- India Medical Lifting Sling Competitive Benchmarking By Technical and Operational Parameters
- India Medical Lifting Sling Company Profiles
- India Medical Lifting Sling Key Strategic Recommendations
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