Global Patient Positioning Systems Market by End Use (Hospital, Ambulatory), by Application (Diagnostics, Surgery), by Product (Tables, Accessories) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global patient positioning system market was valued at USD 942 million in 2016. It is forecast to grow at a 4.7% CAGR during the forecast period. The market for patient positioning systems is expected to grow due to the growing elderly population, the increasing incidence of cancer, the rising awareness among patients, and the surging expenditure on diagnostic procedures.

Market growth is expected to be driven by technological advancements in sensors such as MEMS sensors, cancer tracking sensors, optic fiber technology and cancer tracking sensors. These systems keep patients comfortable and stable during treatment. This market is booming due to the rising incidence of cancer.

The WHO published the World Cancer Report, which estimates that the number of new cases of cancer will reach 15 million per year by 2020. According to the National Cancer Institute, 1,685,210 new cases may have been identified in the U.S. in 2016. This steady rise in the incidence of cancer is a driving force for R&D investments in the industry.

Patients positioning systems will also be in demand as more people become aware of the importance of diagnostic procedures and spend more money on them. The National Health Services (NHS) reported that 42.1 million diagnostic imaging tests were performed in the U.K. between 2016 and 2017. The number of diagnostic imaging tests performed in 2017 was 3.6% higher than the previous year. There are also many awareness campaigns, such as Breast Cancer Now in the U.S. and the National Awareness and Early Diagnosis Initiative in the U.K, that promote early diagnosis of cancer. These campaigns are expected to increase demand for diagnostic imaging procedures. This will in turn increase demand for patient positioning systems.

Product Insights

This study focuses on tables and accessories. Due to rising demand and the increasing number of hospitals, ambulatory centres, and other settings, such as specialty centers or diagnostics centers, the tables segment will dominate this market.

Due to growing demand for accurate and efficient diagnostic imaging, the tables segment will continue to lead the market over the forecast period. This is creating growth opportunities.

Due to increasing numbers of patients who are undergoing various types of surgery and diagnoses, the accessories segment will see the most growth. The market is expected to see a higher demand for diagnostic services in developing countries like India and China. This could drive patient positioning systems sales over the forecast period.

Application Insights

Patient positioning systems can be divided into three categories based on their application: diagnostics/imaging and surgery. Due to increasing rates of chronic diseases like cancer, surgery accounted for the largest percentage. Globally, healthcare spending is on the rise. This will likely to increase the application's growth.

Due to rising global diagnostics/imaging spending, the diagnostics segment will grow at a profitable rate during the forecast period. Diagnostics testing accounts for more than 3.0% in total healthcare spending. These tests are also a key part of a doctor's decision making process. Laboratory tests and the results of these tests are used in almost all cancer diagnoses.

End-use Insights

The market for patient positioning system is classified by end-use into hospitals, ambulatory centres, and other. Due to rising healthcare spending globally, hospitals are the largest segment. This market will also be driven by the expected increase in the number of hospitals around the world.

The ambulatory segment will grow faster, however. These centers help relieve the pressure on hospitals, clinics and clinics by increasing in number both in developed and developing countries. In the United States, there are 5,229 Ambulatory Surgical Centers.

Regional Insights

North America accounted for 34.2% of the global market in 2016, owing to the increasing prevalence of lifestyle-related and chronic diseases, and the availability of high-tech healthcare infrastructure. The U.S. presence of key market players such as Hill-Rom Holdings, Inc., Stryker Corporation, Medline Industries, Skytron, LLC, and SchureMed is expected to increase the growth of North America's market for patient positioning system.

Europe is expected to have a large market share over the forecast period, due to a growing medical device industry in France, Germany, and U.K. as well as increased opportunities for market participants. Asia Pacific will see a higher CAGR than other regions during the forecast period. This can be attributed both to an increasing geriatric population in Asia Pacific and rising healthcare spending.

Market Share Insights & Key Companies

Medtronic, Hill-Rom Holdings, Inc., Stryker Corporation, Medline Industries, Skytron, LLC, OPT SurgiSystems Srl, SchureMed, Smith & Nephew, STERIS plc, and Leoni are some of the key players in this space.

These players are focused on growth strategies like collaborations, mergers, acquisitions, and approvals. In September 2016, Hill-Rom Holding, Inc. bought Medication, Inc. Hill Rom is hoping to gain market leadership in the oncology sector through the acquisition of Medication, Inc. Medication has an excellent clinical trial pipeline and this acquisition will help it do so.

Market Report Scope on Patient Positioning Systems

The Report Covers Certain Segments

This report provides industry trends analysis and forecasts for revenue growth from 2014-2025. Grand View Research, Inc. analyzed the global market for patient positioning systems based on product, region, end-use, and application.

• Product Outlook (Revenue USD Million, 2014-2025)

  • Tables

  • Accessory

• App Outlook (Revenue USD Million, 2014-2025)

  • Surgery

  • Diagnostics

  • Other

• End-use Outlook (Revenue USD Million, 2014-2025)

  • Hospital

  • Ambulatory Centers

  • Other

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • Japan

    • China

  • Latin America

    • Brazil

    • Mexico

  • The Middle East and Africa (MEA).

    • South Africa

These are the most frequently asked questions about this report

b. Global patient positioning system market was valued at USD 1.08 billion in 2019, and is forecast to grow to USD 1.14 billion by 2020.

b. Global patient positioning systems market will grow at a compound annual rate of 4.7% between 2017 and 2025, to reach USD 1.43 Billion by 2025.

b. With a 33.76% share in 2019, North America was the dominant market for patient positioning systems. This can be attributed to the rising incidence of lifestyle-related and chronic diseases, as well as the presence of advanced healthcare infrastructure.

b. Medtronic, Hill-Rom Holdings, Inc., Stryker Corporation, Medline Industries, Skytron, LLC, OPT SurgiSystems Srl, SchureMed, Smith & Nephew, STERIS plc, and Leoni are some of the key players in the market for patient positioning systems.

b. Market growth is driven by the growing geriatric population, rising prevalence of cancer, rising awareness among patients, and a surging spending on diagnostic procedures.

Up Market Research published a new report titled “Patient Positioning Systems Market research report which is segmented by End Use (Hospital, Ambulatory), by Application (Diagnostics, Surgery), by Product (Tables, Accessories), By Players/Companies Medtronic; Hill-Rom Holdings, Inc; Stryker Corporation; Medline Industries; Skytron, LLC; OPT SurgiSystems Srl; SchureMed; Smith & Nephew; STERIS plc; and Leoni”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Patient Positioning Systems Market Report Segments:

The market is segmented by End Use (Hospital, Ambulatory), by Application (Diagnostics, Surgery), by Product (Tables, Accessories).

Patient Positioning Systems Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Patient Positioning Systems Market

Overview of the regional outlook of the Patient Positioning Systems Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Patient Positioning Systems Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Patient Positioning Systems Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Hospital

                2. Ambulatory

                1. Diagnostics

                2. Surgery

                1. Tables

                2. Accessories

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Patient Positioning Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Patient Positioning Systems Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.