Acumen Research and Consulting Medical Lifting Slings Market is Anticipated to Su | Page 2
technologically advanced products and better reimbursement policies, the
global market for medical elevators is expected to expand.
The need for aid equipment such as medical lifts is driven by an increase in the
global geriatric population.
Globally, increasing geriatric populations drive the demand for medical lifts to
perform their daily routines. The geriatric population is often struggling to
walk or move and certain chronic diseases have an impact on their mobility,
making them unable to do various activities. Their dependence on medical
lifting slings therefore helps to improve their quality of life. An increase in the
geriatric population calls for better treatment options, which in turn can offer
companies working on the global lifting market opportunities. The geriatric
population, or people over 60, is expected to double by 2050 and three times
by 2100, according to the United Nations. It is projected to increase to 2.1
billion by 2050 from 962 million in 2018 to 3.1 billion by 2100. Overall, the
geriatric population is increasing at an accelerated rate, compared with the
younger age group population growth rate.
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The global medical lifts market is driving the growth of obesity and people with
disabilities worldwide
The rise of obesity is a key driver of the market for medical lifts. According to
the WHO, over 1.9 billion adults, more than 650 million of whom are obese,
were overweight in 2016. Nearly 39% of adults older than 18 years were
overweight and 13% were regarded as obese. Obesity in children and
adolescents is prevalent; however, the disease can be prevented by action.
Another factor driving demand for aided patient handling equipment
worldwide is the global increase in disability. According to the WHO, 15% of
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