Fact.MR – A Market Research and Competitive Intelligence Provider: As per a recent market study by Fact.MR, the global patient positioning system market stood at US$ 1 Bn in 2020.
Examination Tables Sales to Grow by 5% CAGR in Patient Positioning Systems Market
Fact.MR’s recent market study offers a detailed analysis of the global patient positioning system market. In this report, readers can find insights into trends, drivers, opportunities, and restraints that influence sales of patient positioning systems worldwide. The study also provides highlights recent developments in various market segments in terms of product and end users across seven regions.
Fact.MR – A Market Research and Competitive Intelligence Provider: As per a recent market study by Fact.MR, the global patient positioning system market stood at US$ 1 Bn in 2020. Sales of patient positioning systems are expected to grow at a steady 4.5% CAGR over the forecast period, with the market valuation topping US$ 500 Mn by 2031.
Increasing incidence of chronic diseases among the geriatric population, along with growing rate of hospitalization is spurring demand for patient positioning systems in hospitals and clinics. Rising prevalence of cancer also is underpinning the need for advanced patient positioning systems in the healthcare sector, and the trend is expected to prevail over the forecast period.
Technological advancements in the healthcare sectors such as the introduction of sensor technology and optic fiber technology for surgical procedures are further propelling sales of patient positioning systems.
In addition to this, increasing investments in expansion of the healthcare infrastructure in developing economies such as India, China, Brazil, and Mexico are anticipated to bode well for the global patient positioning system market over the assessment period.
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According to the study, the increasing adoption of technologies such as artificial intelligence (AI) and robotics in the patient positioning systems will continue fueling growth of the market. For instance, French company LEONI CIA Cable Systems has launched the LEONI ORION, a precision patient positioning system fully equipped with robotics and 3D cameras to facilitate optimal patient positioning.
As per Fact.MR, North America is expected to remain the most lucrative pocket in the global patient positioning system market due to the presence of robust healthcare infrastructure and rapid adoption of advanced medical equipment.
“Rising demand for patient positioning systems in medical research centers and patient care centers, along with rising number of image-guided surgical procedures conducted worldwide is expected to continue pushing sales of patient positioning systems over the forecast period,” says a Fact.MR analyst.
Key Takeaways:
- Sales of surgical tables are expected to account for a dominant share of the global patient positioning market.
- Demand for examination tables is slated to rise at a steady 5% CAGR through 2031.
- The patient positioning accessories segment is projected to account for 12% of the total patient positioning market share.
- Sales of patient positioning systems in ambulatory clinics are expected to remain high over the forecast period.
- The U.S. is expected to emerge as the most attractive market for patient positioning systems due to rapid adoption of novel technologies and instruments in the medical sector.
- Increasing government investments in the expansion of the healthcare sector in China will continue providing tailwinds to patient positioning system sales.
Growth Drivers:
- Increasing expenditure on diagnostics and imaging procedures for early diagnosis of medical disorders is expected to propel sales of patient positioning systems.
- Rising prevalence of orthopedic disorders among the geriatric population and high demand for patient positioning systems in physiotherapy centers is expected to bode well for the market.
Key Restraints
- Easy availability of refurbished surgical and positioning tables in cost-effective prices might create a challenge for market players
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Competitive Landscape
Leading companies operating in the global patient positioning systems market are investing in research and development to launch effective and easily accessible patient positioning systems to improve sales.
Apart from this, players are entering into strategic partnerships, collaborations, mergers, and acquisitions to gain a competitive edge. For instance,
- In July 2021, AJ Hospital and Research in Mangaluru, Karnataka, India, installed one of the most modern CT systems known as 128 Slice Dual Energy CT scanner. The system is equipped with artificial intelligence (AI) to optimize patient positioning and offers better assistance to medical professionals.
Key Players in the Patient Positioning System Market Include:
- Mizuho OSI
- LEONI AG
- C-RAD
- Elekta AB (publ)
- Skytron
- Span-America Medical Systems Inc.
- STERIS plc.
- Stryker Corporation
- Hill-Rom Inc.
More Valuable Insights on Patient Positioning System Market
Fact.MR provides an unbiased analysis of the patient positioning system market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global patient positioning system market with a detailed segmentation on the basis of:
Product:
- Patient Positioning Tables
- Surgical Tables
- Radiolucent Imaging Tables
- Examination Tables
- Patient Positioning Accessories
- Other Patient Positioning Systems
End User:
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
Application:
- Use of Patient Positioning Equipment in Surgery
- Demand for Patient Positioning Systems for Diagnostics & Imaging
- Demand for Patient Positioning for Cancer Therapy
Regions:
- North America
- Latin America
- Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
Key Questions Covered in the Patient Positioning System Market Report
- The report offers insight into the patient positioning system market demand outlook for 2021-2031.
- The market study also highlights projected sales growth for patient positioning system market between 2021 and 2031.
- Patient positioning system market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
- Patient positioning system market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.
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