Patient Positioning Systems Market to Reach USD 1.7 Billion: Key Growth Drivers and Trends
According to research report the global Patient Positioning Systems Market is projected to reach USD 1.7 billion by 2027, up from USD 1.4 billion in 2022, growing at a CAGR of 4.0% during the forecast period. The market growth is driven by factors such as rising growth in emerging countries, an increasing number of chronic diseases, growing demand for quality medical care, increasing healthcare spending, and rising government initiatives for healthcare infrastructure improvement.
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Market Structure and Segment Analysis
Product Type
The patient positioning systems market is segmented into tables (surgical tables, radiolucent imaging tables, and examination tables), accessories, and other patient positioning systems. The accessories segment is expected to register significant growth over the forecast period of 2022-2027. The demand for single-use accessories is rising due to growing patient preference for safety and hygienic standards in medical devices, driving segment growth.
Application
Based on application, the market is segmented into surgeries, disease diagnosis, and cancer therapy. The surgery segment accounted for the largest market share in 2022. Many surgical procedures, such as head & neck, breast, bariatric, hip, and gynecological surgeries, require patient positioning systems to reduce discomfort and ensure procedural efficiency. The rising prevalence of chronic conditions is driving the growth of this segment.
End User
The market is segmented by end user into hospitals and clinics, diagnostic laboratories, ambulatory surgical centers, and other end users. The ambulatory surgical centers segment is expected to register the highest growth rate from 2022 to 2027. The growing adoption of minimally invasive procedures and rising preference for outpatient procedures at a lower cost are driving the market for this segment.
Regional Growth Analysis
Asia Pacific
The Asia Pacific region is expected to register significant market growth during the forecast period. Countries such as Japan, India, China, Australia, South Korea, and the rest of Asia Pacific are contributing to this growth. The presence of emerging economies like China and India, coupled with increasing healthcare investments by governmental and non-governmental entities, supports the expansion of the patient positioning systems market in this region.
Market Dynamics
Drivers
- Rising technological advancements in medical devices
- Increasing surgical procedures due to the growing burden of chronic diseases
- Rising government funds for hospital expansions
- Growing incidence of sports and accident-related injuries
Restraints
- Product recalls
- Implementation of excise duty on taxable medical devices
Opportunities
- Emerging markets
Challenges
- Availability of refurbished patient positioning systems
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Key Market Players
Prominent players in the patient positioning systems market include:
- Getinge AB (Sweden)
- Hill-Rom, Inc. (US)
- Stryker Corporation (US)
- Steris Plc. (US)
- Span-America Medical Systems, Inc. (US)
- Skytron, LLC (US)
- Elekta AB (Sweden)
- C-RAD (Sweden)
- LEONI AG (Germany)
- Mizuho OSI (US)
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