Patient Positioning Market Demonstrates a Spectacular Growth by 2022

Posted on 2019-08-16 by Mark Hub in Internet & Online // 0 Comments

The report commences with a brief information of the global patient positioning market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global patient positioning market.

The Fact.MR forecast report on global patient positioning market projects that the market will reach US$ 1.4 Bn value by the end of 2017. With improving healthcare infrastructures and adoption of ergonomic designs, manufacturers of patient positioning products are likely to boost their capacity in the years to come. Towards the end of 2022, the global market for patient positioning will have expanded steadily at 6.1% CAGR, raking revenues worth slightly over US$ 1.9 Bn.

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Key Forecast Highlights

According to the report, tables will account for nearly 20% share on global patient positioning revenues in 2017. Surgical tables, on the other hand, will be observed as top-selling products in the global patient positioning market. By the end of 2022, nearly US$ 500 Mn worth of revenues will be procured from sales of patient positioning surgical tables around the world.
Increasing emphasis on improving the healthcare infrastructure has propelled the adoption of patient positioning solutions in developing regions. Manufacturers of patient positioning are also viewing regions such as the Asia-Pacific excluding Japan (APEJ) region lucrative for setting up manufacturing units. High resource availability, low wage costs, coupled with dense population that translates into maximum end-use, are driving the growth of patient positioning market in the APEJ region. The report projects that the APEJ patient positioning market will soar vigorously at 7.2% CAGR, bringing in revenues worth over US$ 238 Mn by the end of 2022.
North America is expected to remain the largest market for patient positioning. The report predicts that high healthcare spending in the US and Canada will prompt manufacturers in providing top-of-line products in the field of patient positioning. While revenues amassed from sales of patient positioning products in Europe will contribute to 30% of global market value, it is estimated North America’s patient positioning market will procure nearly US$ 480 Mn revenue towards the end of 2017.
Surgeries are estimated to be the largest application of patient positioning products. The report expects that in 2017, a little over US$ 485 Mn worth of patient positioning products will be sold in surgical applications. Application of patient positioning solutions in cancer therapy will also be of equivalent traction in the global market, accounting for more than 38% share on global revenues through 2022.

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.

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

Hill-Rom, Inc., Stryker Corporation, Span-America Medical Systems, Inc., STERIS plc, Elekta AB(publ), Skytron, C-RAD, LEONI AG, and Mizuho OSI are key companies profiled in the report as leading players in the global patient positioning market.

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About Fact.MR

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