Tuesday, November 29, 2022

Patient Positioning Systems Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

Global Patient Positioning Systems Market is expected to register a CAGR of approx. 4% over the period of 2022-2028.  The latest surgical procedures such as minimally invasive surgery and robotic surgery face various challenges in locating the patient safely and providing full accessibility to the site for surgery. More and more robotic surgeries requiring more specific positioning devices have driven the growth of the patient positioning systems market. For instance, according to the survey, the use of robotic surgery climbed 8.8% in the first four years after hospitals introduced it, while laparoscopic procedures fell from 53.2% to 51.3%. Three-quarters of the hospitals in the study offered robot-assisted surgery in 2018, and that the percentage of surgeons operating at those hospitals who did at least some of their operations with the help of a robotic system rose from 10% to more than 30%. Sports medicine uses a variety of patient positioning devices, including distractions for arthroscopic procedures and small incisions. Advances in the medical field provide new and better hospital equipment for complex surgeries. The operating table is one of the most important elements in the field of surgery. According to UnivDatos Market Insights (UMI)’ research report “global patient positioning systems market”, the market is expected to witness a robust growth during the forecast period 2022-2028F. Furthermore, The technological advancement by various market players coupled with investment for upgradation in the various sectors of the market is expected to generate profitable opportunities for the market. For example, In September 2021, Baxter International Inc., a known MedTech leader, disclosed that it had accomplished the acquisition of Hillrom. Baxter paid US$ 156 in cash for every outstanding share of Hillrom common stock at US$ 10.5 billion. The transaction took place at US$ 12.5 Billion.

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Based on product, the patient positioning systems market is segmented into tables, accessories, and others. The tables segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe due to the growing demand and number of hospitals, ambulatory centers, and other facilities, as well as the increasing demand for efficient and accurate diagnostic imaging.

Based on end-user, the market is bifurcated into hospitals, ambulatory surgery centers, diagnostic laboratories, and others. The hospitals segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe with an Increasing number of hospitals worldwide is expected to boost the demand in this market. Hospitals are therefore an integral part of the healthcare industry and an important source of revenue for the entire sector that fosters research and innovation.

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North America to witness extensive growth

For a better understanding of the market adoption of the patient positioning systems market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the patient positioning systems industry and generated revenue owing to the increasing incidence of chronic diseases, improving the standard of living, and the demand for quality medical care increasing in the region.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global patient positioning systems market are Medtronic plc, Stryker Corporation, Hill-Rom Services Inc, Medline Industries Inc, OPT SurgiSystems S.r.l, Skytron, LLC, SchureMed, STERIS plc, Smith & Nephew, Patient Positioning Systems LLC Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global Patient Positioning Systems Market provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

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Market Segmentations:

1.      By Product (Tables, Accessories, Others)

2.      By Application (Surgeries, Disease Diagnosis, Cancer Therapy)

3.      By End-Users (Hospitals, Ambulatory Surgery Centers, Diagnostic Laboratories, Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Medtronic plc, Stryker Corporation, Hill-Rom Services Inc, Medline Industries Inc, OPT SurgiSystems S.r.l, Skytron, LLC, SchureMed, STERIS plc, Smith & Nephew, Patient Positioning Systems LLC.)

Key questions answered in the study:

1.      What are the current and future trends of the global patient positioning systems industry?

2.      How the industry has been evolving in terms of product, application, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global patient positioning systems industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global patient positioning systems suppliers across various region and countries?

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