Market Overview:
Patient positioning systems are the patient handling devices used to keep the patient in a required position or to immobilize the patient during surgery. These devices also used during the cancer therapy/ radiation therapy or precision therapy. The global patient positioning system market is expected to reach USD 1,233.8 Million by 2022 from USD 990.0 Million in 2017, at a CAGR of 4.5%. The prevalence of non-communicable disease, growing hospital investments to upgrade operating rooms and rising geriatric population are the major driving factors for this patient positioning system market.
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The patient positioning system market is segmented on the basis of product, application and end user. On the basis of application, the market is segmented into surgeries, disease diagnosis and cancer therapy. The surgeries segment is expected to account for the largest share of the market in 2017 . The growth in this segment is primarily attributed to increasing prevalence of chronic diseases such as cancer and cardiovascular diseases and increasing awareness about image guided surgeries.
Industry Players:
AB (Sweden), Hill-Rom, Inc. (U.S.), Stryker Corporation (U.S.), Steris Plc. (U.S.), are the top four players in this market. These companies have a broad product portfolio with comprehensive features and have a strong geographical presence.
Geographic Opportunities:
By region, the patient positioning system market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The market is dominated by North America, followed by Europe, however, the Asian region is expected to witness the highest growth during the forecast period. The presence of emerging economies like China and India; large population and rising prevalence of chronic diseases ; improving standards of living; and growing demand for quality medical care are some of the key factors driving the high growth of this regional segment.
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