Patient Positioning Systems Market Capacity, Production and Revenue Analysis Report 2030
Patient Positioning Systems Industry Overview
The global patient positioning systems market size was valued at USD 1.19 billion in 2021 and is expected to expand at a CAGR of 4.4% during the forecast period.
The growing geriatric population, increasing prevalence of cancer, rising awareness among the patient population, and surging expenditure on diagnostic procedures are expected to boost the market during the forecast period. Technological innovations and the rising prevalence of non-communicable diseases are the major driving factors for this patient positioning equipment market. For instance, in February 2022, Mireye introduced its intelligent imaging technology that automates the patient positioning process for X-ray examinations.
Gather more insights about the market drivers, restrains and growth of the Global Patient Positioning Systems Market
Increasing hospital investments to upgrade operating rooms further drives the patient positioning equipment market. For instance, in March 2020, the Alberta government committed $100 million to upgrade hospital operating rooms. Due to the COVID-19 pandemic, there was major growth in the hospitalization of individuals. The healthcare industry wasn’t prepared for this extent of hospitalization, and most healthcare infrastructure collapsed under the immense burden of COVID-19-affected patients.
Currently, as the pandemic starts to subside, and the sector is returning to normalcy, governments are focusing on recognizing the cracks in their healthcare infrastructure and are taking initiatives to bolster the same. The patient positioning systems market is projected to benefit from this up-gradation of healthcare establishments across the world. For instance, in July 2021, A J Hospital, based in Mangaluru, India revealed the installation of Ultra-Modern CT systems, the 128 Slice Dual Energy CT scanner with AI (artificial intelligence). This machine uses AI for optimizing patient positioning and providing scanning support to technologists.
Technological advancements in sensors, such as optic fiber technology, cancer tracking sensors, and MEMS sensors, are expected to fuel market growth. These systems help keep patients in a comfortable and stable position during radiotherapy as well as treatment delivery. The growth of this market is further supplemented by the increasing prevalence of cancer. According to the WHO, Cancer is a leading cause of death globally, reporting for almost 10 million deaths in 2020, or nearly one in six deaths. While as per the National Cancer Institute statistics, there were approximately 16.9 million cancer survivors in the U.S. as of January 2019. The number of cancer survivors is expected to increase to 22.2 million by 2030. This steady increase in disease prevalence acts as a market driver throughout the forecast period.
Increasing awareness and rising expenditure on diagnostic procedures are also expected to increase the demand for patient positioning systems in the market. According to the National Health Services (NHS), there were 40.3 million imaging tests performed in England in the year September 2020 to August 2021. Additionally, there are many awareness campaigns regarding early cancer diagnosis such as the National Awareness and Early Diagnosis Initiative (NAEDI) in the UK. This, in turn, is expected to increase the demand for patient positioning systems.
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Market Share Insights
- October 2021: Esaote, an Italian company in the biomedical sector entered the world of total body magnetic resonance imaging with the novel system called “Magnifico Open”.
- November 2020: Canon Medical introduced a premium auto-positioning digital radiography system for patient care and optimal productivity.
Key Companies profiled:
Some prominent players in the global patient positioning systems market include
- Medtronic
- Hill-Rom Holdings, Inc.
- Stryker Corporation
- Medline Industries
- Skytron, LLC
- Smith & Nephew
- STERIS plc
- Mizuho OSI
- LEONI AG
- OPT SurgiSystems Srl
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