The global patient positioning system market is on a trajectory of remarkable growth, with projections indicating a substantial increase to USD 508.4 million by 2024. According to industry forecasts, the sales of patient positioning systems are expected to maintain a robust Compound Annual Growth Rate (CAGR) of 5.4% from 2024 to 2034, reaching a valuation of USD 857.4 million by 2034.
This surge in demand for patient positioning systems is largely attributed to several key factors, including the rising incidence of cancer worldwide and the rapid expansion of healthcare industries in developing economies. The prevalence of cancer cases is driving the need for advanced medical equipment and technologies, thereby fostering the growth of the patient positioning system industry.
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Market Catalysts Powering the Patient Positioning System Sector:
An aging population, a rise in the frequency of chronic diseases, and an increase in the demand for minimally invasive surgeries are stimulating the patient positioning system industry. The need for accurate patient positioning to improve treatment outcomes and the development of medical imaging technologies propel patient positioning system market expansion.
The rising adoption of patient positioning systems is attributed to healthcare facilities’ emphasis on improving patient comfort, guaranteeing safety during procedures, and streamlining workflow efficiency. These variables work together to support continuous innovation in creating contemporary patient positioning solutions and strengthen the patient positioning techniques market.
Deterrents Affecting the Patient Positioning Device Market Evolution:
End-users’ lack of awareness, healthcare facilities’ budgetary restrictions, and the market’s high initial costs pose difficulties. Regulatory complexities and compliance issues constrain patient positioning system market expansion.
Broad acceptance is impeded by the absence of uniform guidelines for patient positioning systems during various medical procedures. Worries about the prospect of infections, ergonomic issues, and the requirement of specialized training escalate roadblocks in the patient positioning technology market.
Regional Dynamics of Patient Positioning System Market:
- North America leads the patient positioning device market due to its advanced medical technology adoption rate and robust healthcare infrastructure.
- The demand for patient positioning solutions continues to rise in the region due to increased surgical procedures and an emphasis on bettering patient outcomes.
- Due to the existence of reputable healthcare facilities and rising investments in medical innovations, Europe has seen steady market growth for patient positioning systems.
- Europe is consistently committed to improving the effectiveness and safety of medical procedures, as evidenced by the increasing adoption of ergonomic patient positioning solutions.
- As chronic diseases become prevalent and the healthcare system improves, the Asia Pacific patient positioning system market develops swiftly.
- Growth in hospitals and rising knowledge of sophisticated patient positioning techniques advance the considerable market growth in Asia Pacific.
“The increasing emphasis on precision in medical procedures contributes to a surge in demand for patient positioning systems in the dynamic field. Technological advancements and the development of healthcare infrastructure foster improved patient outcomes and innovation, which stimulates patient positioning system market expansion.”, says an analyst at FMI
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Key Takeaways:
- The air pump assisted positioning systems segment in the product type category to grab a share of 40.7% from 2024 to 2034.
- In the end-user category, the hospital segment to acquire a market share of 28.3% between 2024 and 2034.
- The United States diagnostic imaging positioning device market is anticipated to surge at a CAGR of 2.4% through 2034.
- Germany patient positioning system market to develop at a CAGR of 3.2% by 2034.
- The surgical positioning market growth in the United Kingdom to witness a CAGR of 3.5% from 2024 to 2034.
- China patient alignment system market is expected to surge at a CAGR of 7.0% until 2034.
- India patient positioning device market is anticipated to boost at a CAGR of 8.0% from 2024 to 2034.
Competitive Landscape:
Healthy competition in the market is driven by increased product launches, a rise in surgical procedures, an expanding healthcare infrastructure, and strategic partnerships between significant patient positioning system vendors. The diverse market growth trajectory of patient positioning system manufacturers to spur innovation, increase accessibility to leading-edge medical technologies, and improve patient outcomes and care.
Recent Developments:
- A deal to acquire Medline Industries for over USD 30 billion was reached in June 2021 by Blackstone, Hellman & Friedman, and Carlyle. Without considering borrowings, the transaction would be valued at USD 34 billion and more than USD 30 billion.
- Global MedTech leader Baxter International Inc. declared in September 2021 that it had successfully acquired Hillrom. At USD 10.5 billion, Baxter paid USD 156 in cash for each outstanding share of Hillrom common stock. The transaction had a USD12.5 billion value.
- Hillrom is the first company to launch a movable surgical table in July 2020. Yellofins Apex stirrups are a recent addition to the Yellofins stirrup collection, and Hillrom announced the commercial release of the PST 500, a precision surgical table.
Essential Patient Positioning System Manufacturers:
- Medtronic plc
- Hill-Rom Holdings Inc.
- Stryker Corporation
- Medline Industries
- LP
- Skytron, LLC
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Key Segments:
By Product:
- Tables
- Surgical Tables
- Air Pump Assisted Positioning Systems
- Radiolucent Imaging Tables
- Examination Tables
- Patient Positioning System in Accessories
By Application:
- Surgeries
- Disease Diagnosis
- Cancer Therapy
By End User:
- Hospitals
- Ambulatory Surgery Centers
- Diagnostic Laboratories
By Region:
- North America
- Europe
- Asia Pacific
- The Middle East and Africa
- Latin America
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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