DUBLIN, Sept. 23, 2022 (GLOBE NEWSWIRE) — The global patient positioning systems market is projected to grow at a staggering 4.5% CAGR after an assessment period of 2022 to 2032 and reach US$1.7 billion. According to a newly released report on this industry by Fact.MR, it is expected to be valued at $1.09 billion in fiscal 2022.
From 2017 to 2021, the demand for patient positioning systems flourished with a growth rate of 4.3% to US$1.05 billion. Increasing geriatric population, increasing prevalence of cancer, growing awareness of patient population and increasing expenditure on diagnostic procedures are expected to boost the market over the forecast period. Accessory-based patient positioning systems accounted for more than a third of global market share in 2022.
Rising healthcare spending in most economies is expected to have an extremely positive impact on sales of patient positioning systems in the new advanced healthcare infrastructure that will be strengthened. The increasing prevalence of cancer is also expected to prove to be a major positive factor for the patient positioning system market. Demand for patient positioning in disease diagnosis is expected to increase significantly over the decade.
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Technological advances in robotic systems can expand industrial applications
The patient positioning systems industry is expected to see major technological reforms as technological advances are applied to these systems to improve their efficiency and accuracy. The leading manufacturers of patient positioning products invest in research and development that would enable them to manufacture products that are advanced to new standards. Increasing hospital investments to modernize operating rooms continue to drive the market for patient positioning devices. For example, in March 2021, the Alberta government allocated $100 million to upgrade hospital operating rooms.
The development of advanced positioning devices is at the forefront of research as it requires the new technologically advanced healthcare infrastructure. For example, in February 2022, Mireye introduced its intelligent imaging technology that automates the process of patient positioning for X-ray examinations. Integrated patient positioning and the use of robotics and AI are also key trends that are expected to be of major importance in terms of demand and revenue over the forecast period.
The development of robotic patient positioning systems will be a big trend of the future and the demand is already increasing rapidly as these systems are more precise and extremely efficient and easy to use. The development of integrated patient positioning systems is expected to gain momentum later as the number of advanced healthcare facilities increases.
Important insights from the market study
- The global market for patient positioning systems is projected to grow almost 1.3 times from 2022 to 2032
- Hospital end use is the most desirable component at a CAGR of 4.5%
- Depending on the application, demand for patient positioning systems for diagnostics and imaging is expected to register a CAGR of 4.3%.
- The USA will emerge as one of the most opportunistic markets and will witness a significant growth rate during the forecast period 2022-2032
- China, Japan, and South Korea will thrive at CAGRs of 22%, 22.2%, and 21.4%, respectively
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Important segments covered in Patient Positioning Systems industry report
- Through Product :
- patient positioning tables
- surgical tables
- Radiolucent imaging tables
- examination tables
- Patient positioning accessories
- Other patient positioning systems
- Until the end User :
- Through Application :
- In surgery
- Diagnostics & Imaging
- cancer therapy
- Through Region :
- North America
- Middle East & Africa
- Latin America
Prominent service providers are taking advantage of the rapidly digitizing landscape to introduce new services equipped with innovative cutting-edge technology. Some notable developments are as follows:
- In September 2021 Mizuho OSI®a leading manufacturer of specialty operating tables and pressure injury prevention solutions, announced the acquisition of Nimbic Systems, Inc.’s Air Barrier System (ABS) from airborne particles and pathogens during surgery.
- In March 2022, C-RAD announced an agreement to supply its state-of-the-art SGRT solution to a newly constructed proton therapy center in Texas, USA. The contract includes multiple systems and a multi-year service contract.
- In September 2021, Esaote, a leading name in the biomedical industry from Italy, announced its entry into the whole-body MRI industry with the launch of a system – Magnifico Open. The new launch is aimed at comfortable and efficient patient positioning, especially for claustrophobic and younger people.
- In July 2021, AJ Hospital & Research in Mangaluru, Karnataka, India announced the installation of one of the most advanced CT systems. The 128 Slice Dual Energy CT scanner is equipped with AI to optimize patient positioning and provide better support to medical professionals.
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Well-known service providers for patient positioning systems:
- Mizuho OSI
- LEONI AG
- C RAD
- Elekta AB (Ed.)
- Span America Medical Systems Inc.
- STERIS plc.
- Stryker Corporation
- Hill Rom Inc.
More insights available
Fact.MR presents in its new offering an unbiased analysis of the global Patient Positioning Systems market with historical analysis from 2017-2021 and forecast statistics for the period 2022-2032.
The study reveals key insights based on products (patient positioning tables, operating tables, radiolucent imaging tables, examination tables, patient positioning accessories, others) by end users (hospitals, ambulatory surgical centers, diagnostic centers, others) by application (surgery, diagnostics & imaging, cancer therapy, others). ) in five major regions (North America, Latin America, Europe, APEJ, Japan, and Middle East & Africa).
Check out other related studies published by Fact.MR Research:
Patient Positioning Systems Market in United States – Sales of patient positioning systems in the United States are estimated to exceed a market value of $324.8 million by the end of 2032. The US market for patient positioning systems is expected to grow at a CAGR of 4.3% over the 2022-2032 valuation period, offering a $112.6 million absolute dollar opportunity over the same period.
Patient Positioning Systems Market in Europe – The European patient positioning systems market is currently valued at US$287.5 million and is expected to register a CAGR of 4.5% through 2032. Therefore, patient positioning system sales in Europe are expected to provide $161.1 million in absolute dollar opportunities over the next 10 years.
Acute Surgical Mechanical Circulatory Assist Devices Market – The acute surgical mechanical circulatory support systems market is segmented by product type and end-user. Based on product type, the acute surgical mechanical circulatory assist devices market is segmented into extracorporeal membrane oxygenation devices and extracorporeal ventricular assist devices.
Veterinary tables market – According to statistics from the American Pet Products Association (APPA) in the United States, pet industry spending has increased from $55.72 billion in 2013 to $69.51 billion in 2017 and is expected to reach $72.13 billion US dollar to rise in 2018. Veterinary clinics and hospitals have started providing services such as grooming, housing, training, pet sitting, pet exercise and pet run for speedy recovery and this is increasing the use of these pet grooming tables.
Equine Surgical Equipment Market – Equine surgical equipment is expected to witness exponential growth over the forecast period owing to the increasing acceptance of pets around the world. According to the American Hospital Association, 80% of pet owners treat their pets like their children, which has increased overall spending on veterinary care. By product type, the operating table segment is expected to capture the largest share of the global equine surgical equipment market
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