Patient Positioning Systems Market worth $1.7 billion by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 20, 2023 /PRNewswire/ -- Patient Positioning Systems Market is projected to reach USD 1.7 billion by 2027 from USD 1.4 billion in 2022, growing at a CAGR of 4.0% during the forecast period according to a new report by MarketsandMarkets™. The rising growth in emerging countries, increasing number of chronic diseases, growing demand for quality medical care, increasing healthcare spending, and rising government initiatives for healthcare infrastructure improvement are expected to drive the market growth in near future.

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Patient Positioning Systems Market Scope:

Accessories segment to register significant growth rate over the forecast period of 2022-2027

Based on the product type, the patient positioning systems is segmented into tables, (which includes surgical tables, radiolucent imaging tables and examination tables), accessories, and other patient positioning systems. Accessories segment to register significant growth rate over the forecast period of 2022-2027. The majority of the companies in this segment offer single-use accessories due to a growing patient preference for safety and hygienic standards in medical devices. This is expected to drive the growth of the segment.

Surgery segment accounted for the largest share of the patient positioning systems in 2022-2027

Based on application, the patient positioning systems is segmented into surgeries, disease diagnosis and cancer therapy. The surgery segment is expected to account for the largest share of the patient positioning system, by application, in 2022. Many surgical procedures, such as head & neck, breast, bariatric, hip, and gynecological surgeries, require patient positioning systems to reduce discomfort and ensure procedural efficiency.  Thus, growing number of surgical procedures owing to the rising prevalence of chronic conditions to drive the segment growth.

Ambulatory surgical centers segment to register for the highest growth rate of the patient positioning systems in 2022-2027

Based on end user, the patient positioning market is segmented into hospitals and clinics, diagnostic laboratory, ambulatory surgical centers and other end users. Ambulatory surgical centers segment to register for the highest growth rate of the patient positioning systems in 2022-2027. Growing adoption of minimally invasive procedures and rising preference for outpatient procedures at a low cost to drive market for the segment.

Asia Pacific to register a significant growth in the market during the forecast period.

In 2022, Asia Pacific is expected to register a significant growth in the market during the forecast period. Asia Pacific comprises the Japan, India, China, Australia, South Korea, and the rest of Asia Pacific. The presence of emerging economies such as China and India and the increasing healthcare investments by governmental and non-governmental fundings are the major factors supporting the growth of the Asia Pacific patient positioning systems market.

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Patient Positioning Systems Market Dynamics:

Drivers:

1. Rising technological advancements in medical devices
2. Increasing surgical procedures due to growing burden of chronic diseases
3. Rising government funds for hospital expansions
4. Growing incidence of sports and accident-related injuries

Restraints:

1. Product recalls
2. Implementation of excise duty on taxable medical devices

Opportunities:

1. Emerging markets

Challenges:

1. Availability of refurbished patient positioning systems

Key Market Players:

prominent players in the patient positioning systems are Getinge AB (Sweden), Hill-Rom, Inc. (US), Stryker Corporation (US), Steris Plc. (US), Span-America Medical Systems, Inc. (US), Skytron, LLC. (US), Elekta AB (Sweden), C-RAD (Sweden), LEONI AG (Germany), and Mizuho OSI (US) among others.

Recent Developments:

• In November 2022, C-RAD, a Swedish medical technology company, opens a precision radiation center in Faridabad, India.
• In July 2020, Hill-Rom Holdings Inc (US) launched surgical positioning innovations products named PST 500 Precision surgical table and Yellofins Apex Stirrups that provide caregivers with advanced OR technologies.
• In September 2022, Getinge entered into a supply partnership with Medtronic, which recently received the CE mark for the Radiant-covered stent.
• In September 2021, C-RAD and OPASCA entered collaboration. Radiation therapy departments have reached the next level of safety and accuracy with a solution combining C-RAD and OPASCA products, according to an agreement between C-RAD and OPASCA, a leader in innovative patient safety and workflow management solutions. C-RAD provides cutting-edge solutions ensuring exceptionally high precision, safety, and efficiency in advanced radiation therapy.

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