Global Patient Positioning Systems Market

Patient Positioning Systems Market Size, Share, Growth Analysis, By Product(Tables, and Accessories), By Application(Surgery, Diagnostics, and Others), By End Use(Hospital, Ambulatory Centers, and Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2522 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 89 | Figures: 76

Patient Positioning Systems Market Insights

Global Patient Positioning Systems Market size was valued at an estimated USD 1.24 billion in 2022 and is expected to rise from USD 1.29 billion in 2023 to reach a value of USD 1.83 billion by 2031, at a CAGR of 4.4% during the forecast period (2024–2031).

The global patient positioning systems market is anticipated to increase throughout the forecast period as a result of the rising elderly population, rising cancer prevalence, rising patient awareness, and rising spending on diagnostic procedures. The main drivers driving this market for patient positioning equipment are technological advancements and the increased prevalence of non-communicable disorders. As an illustration, Mireye debuted their intelligent imaging technology in February 2022, which automates the patient positioning procedure for X-ray scans.

The market for patient positioning devices continues to be driven by rising hospital spending in operating room upgrades. For instance, the Alberta government pledged $100 million in March 2020 to modernize hospital operating rooms. The number of people being admitted to hospitals increased significantly as a result of the COVID-19 pandemic. Most healthcare infrastructure crumbled under the enormous weight of patients afflicted by COVID-19 since the healthcare sector was unprepared for this level of hospitalization.

Governments of various nations are focusing on identifying the gaps in their healthcare infrastructure and taking steps to fill them as the pandemic begins to fade and the sector returns to normal. The global upgrade of healthcare facilities is expected to help the market for patient positioning systems. For instance, the Mangaluru, India-based A J Hospital announced in July 2021 the installation of Ultra-Modern CT equipment, the 128 Slice Dual Energy CT scanner with AI. This device employs AI to support technicians during scanning and optimize patient location.

The market's demand for patient positioning systems is also anticipated to rise with more awareness and rising spending on diagnostic procedures. The National Health Services (NHS) estimates that from September 2020 to August 2021, 40.3 million imaging tests were conducted in England. The National Awareness and Early Diagnosis Initiative (NAEDI) in the UK is one of many awareness programmers for early cancer diagnosis. As a result, it is anticipated that demand for patient positioning systems would rise.

US Patient Positioning Systems Market is poised to grow at a sustainable CAGR for the next forecast year.

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Patient Positioning Systems Market size was valued at an estimated USD 1.24 billion in 2022 and is expected to rise from USD 1.29 billion in 2023 to reach a value of USD 1.83 billion by 2031, at a CAGR of 4.4% during the forecast period (2024–2031).

The market is fragmented, with both large and minor industrial players. To increase their market share, major players are implementing business strategies including diversified product offerings, company growth, joint ventures, geographical expansion, and new product launches. For instance, in October 2021, Esaote, an Italian biomedical business, launched the new "Magnifico Open" system, which revolutionized complete body magnetic resonance imaging. Fast and comfortable patient positioning is made possible by the open magnet and the accessible patient table. In the same way, Canon Medical unveiled a premium motor-positioning digital radiography system in November 2020 for patient care and maximum efficiency. 'Hill-Rom Holdings, Inc.', 'Stryker Corporation', 'Getinge AB', 'Steris PLC', 'Span-America Medical Systems, Inc.', 'Schaerer Medical USA, Inc.', 'Allen Medical Systems (A Division of Hill-Rom)', 'Civco Medical Solutions', 'Blue Chip Medical Products, Inc.', 'Leoni AG', 'Xodus Medical Inc.', 'Innovative Medical Products, Inc.', 'Mizuho OSI', 'C-RAD AB', 'Medline Industries, Inc.', 'Smith & Nephew plc', 'Elekta AB', 'Mizuho America, Inc.', 'Anetic Aid Limited', 'Eschmann Holdings Ltd.'

The rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and respiratory diseases has led to an increase in the number of surgeries. This, in turn, has increased the demand for patient positioning systems.

Increasing Demand for Non-invasive and Minimally Invasive Surgeries: With the increasing focus on patient safety and reducing the risk of complications, there is a growing demand for patient positioning systems that enable non-invasive and minimally invasive surgeries. This trend is driving the development of innovative positioning systems such as robotic positioning systems, imaging-guided positioning systems, and advanced surgical tables.

North America held a dominant share of more than 33% in 2022 because of its sophisticated healthcare system, rising prevalence of chronic diseases, and lifestyle-related ailments. The local presence of important market players in the U.S., such as Hill-Rom Holdings, Inc., Stryker Corporation, Medline Industries, Skytron, LLC, and SchureMed, is also projected to promote the growth of the patient positioning systems market in North America.

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Global Patient Positioning Systems Market

Report ID: SQMIG35A2522

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