Patient Positioning Market: Emerging Economies Expected to Influence Growth until 2022

Posted on 2018-11-27 by Mark Hub in Healthcare // 0 Comments

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In order to study the various trends and patterns prevailing in the concerned global market, Fact.MR has included the latest Forecast report on Patient Positioning Market to its vast database. This study offers statistics about the prime regions and applications operating in the Patient Positioning Market, along with their market production, consumption, revenue, upcoming industry trends and future market share details. Further, the accomplished report also anticipates that the concerned market would grow at a constructive CAGR until 2022.

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Patient positioning can be defined as methods in which patients are positioned on beds during medical operations. Appropriate ventilation, anesthesia management, physiologic safety of patients, optimal exposure to surgical site, and maintaining the patient’s dignity by controlling undue exposure of body parts are observed as the key fundamentals of patient positioning.

Surgical Tables Have the Largest Revenue Share Contribution

The surgical tables segment accounted for 27% revenue share in the patient positioning systems market in the year 2017 which was higher than the 19% revenue share of tables segment. The surgical tables segment is poised to grow to almost half a billion by the end of 2022.

Lesser Opportunity in Radiolucent Imaging and Examination Tables

Radiolucent imaging is estimated to be a little over US$ 360 million by end 2022 and is on track to witness a steady CAGR of over 6%. North America accounts for approx. 40% of the radiolucent segment, and it is highly likely to retain this share for the rest of the study period. With respect to examination tables, a market opportunity of under US$ 200 million in 2017 might not seem very attractive initially but a CAGR of 5.2% for the five year period could be enough to sway major players to focus on this segment in the patient positioning systems market. The companies would be recommended to target Europe owing to the potential of emerging opportunities during the forecast period.

Accessories and ‘Other’ Patient Positioning Systems Niche Segments

With a revenue share of 12% and 7.7% in Accessories and Other patient positioning systems respectively, the two are undoubtedly niche segments in the patient positioning systems market. However, it would be unwise to ignore them entirely and manufacturers could focus on targeting North America in both cases as the region can present a significantly large market opportunity.

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The combined market value of the two segments in North America in the year 2017 could easily exceed US$ 100 million which manufacturers should take cognizance of while devising their investment plans. In both cases, North America alone accounts for roughly 2/5^th of the patient positioning systems market.

Ambulatory Surgical and Global Diagnostic Centres Remain Lucrative

The market opportunity that exists in the ambulatory surgical centres and global diagnostic centres is quite similar. Ambulatory surgical centres were worth just over US$ 330 million in 2017 and may grow with a CAGR of 7.3% from 2017-2022. On the other hand, global diagnostic centres may near a value of half a billion dollars by the end of the forecast period which would be equal to a revenue share of 27%. Europe and North America dominate the global diagnostics centre segment of the patient positioning systems market as they comprise more than half the market opportunity.

Competition Tracking

The report has also outlined the competitive landscape of global market for patient positioning systems, which includes Mizuho OSI, LEONI AG, C-RAD, Elekta AB(publ), Skytron, Span-America Medical Systems, Inc., STERIS plc., Stryker Corporation, and Hill-Rom, Inc.

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