Patient Positioning Systems Market Value to reach US$ 1.7 Billion by 2032; Diagnostics & Imaging to be Top Application Area: Fact.MR Report

September 23, 2022

Rising Prevalence Of Chronic Cases In The Prominent Regions And Rising Geriatric Populations Offers Immense Growth Prospects For The Manufacturers Of Patient Positioning Systems. The Upward Trend Of Minimally Invasive Surgery Is Further Likely To Boost The Market Growth Throughout The Forecast Period

/EIN News/ -- Dublin, Sept. 23, 2022 (GLOBE NEWSWIRE) -- The global patient positioning systems market is projected to grow at a staggering 4.5% value CAGR, reaching US$ 1.7 Billion, following an assessment period ranging from 2022-2032. As per a newly published report on this industry by Fact.MR, a valuation of US$ 1.09 Billion has been anticipated during FY 2022.

From 2017-2021, demand for Patient Positioning systems flourished at a growth rate of 4.3%, concluding at US$ 1.05 Billion. The rising geriatric population, increasing prevalence of cancer, mounting awareness among the patient population, and surging spending on diagnostic procedures are anticipated to boost the market during the forecast period. Patient Positioning Systems based on accessories accounted for more than a third of the global market share in 2022.

Rising healthcare expenditure in most economies is expected to be extremely favorable in terms of sales of patient positioning systems in the new advanced healthcare infrastructure that is being bolstered. The increasing prevalence of cancer is also expected to prove a major positive factor for the patient positioning system market. The demand for patient positioning in disease diagnosis is expected to rise substantially over the decade.

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Technological Advancements in the Robotic Systems May Expand the Industrial Application

The patient positioning systems industry is expected to see major technological reforms as advancements in technology are applied to these systems to enhance their efficiency and accuracy. The top manufacturers of patient positioning products are investing in research and development that would enable them to make products that are advanced as per new standards. Increasing hospital investments to upgrade operating rooms further drives the patient positioning equipment market. For instance, in March 2021, the Alberta government committed US$ 100 Million to upgrade hospital operating rooms.

The development of advanced positioning equipment is heading the research as it is what the new technologically advanced healthcare infrastructure demands. For instance, in February 2022, Mireye introduced its intelligent imaging technology that automates the patient positioning process for X-ray examinations integrated patient positioning and the use of robotics and AI are also major trends that are anticipated to be major in terms of demand and revenue over the forecast period.

The development of robotic patient positioning systems will be a major trend in the future and its demand is already seeing a major rise as these systems are more precise and extremely efficient and easy to use. The development of integrated patient positioning systems is expected to subsequently pick up pace as advanced healthcare facilities increase in number.

Key Takeaways from the Market Study

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Key Segments Covered in the Patient Positioning Systems Industry Report

Competitive Landscape

Prominent service providers are taking advantage of the rapidly digitizing landscape to introduce new services equipped with cutting-edge innovative technology. Some notable developments are as follows:

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Prominent Patient Positioning Systems Service Providers: 

More Insights Available

Fact.MR, in its new offering, presents an unbiased analysis of the global Patient Positioning Systems market, presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Product (Patient Positioning Tables, Surgical Tables, Radiolucent Imaging Tables, Examination Tables, Patient Positioning Accessories, Other) by End-user (Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others) by Application (Surgery, Diagnostics & Imaging, Cancer Therapy, Others) across five major regions (North America, Latin America, Europe, APEJ, Japan and Middle East & Africa).

Check out more related studies published by Fact.MR Research: 

U.S. Patient Positioning System Market - Patient positioning system sales in the United States are estimated to cross a market valuation of US$ 324.8 million by the end of 2032. The U.S. patient positioning system market is forecasted to expand at 4.3% CAGR over the 2022-2032 assessment period and provide US$ 112.6 million absolute dollar opportunity over the same time frame.

Europe Patient Positioning System Market - The Europe patient positioning system market is currently valued at US$ 287.5 million and is projected to register 4.5% CAGR through 2032. As such, patient positioning system sales in Europe are set to provide US$ 161.1 million of absolute dollar opportunity over the next ten years.

Acute Surgical Mechanical Circulatory Support System Market - The acute surgical mechanical circulatory support systems market is segmented based on the product type and end user. Based on product type, the acute surgical mechanical circulatory support systems market is segmented Extracorporeal Membrane Oxygenation Device and Extracorporeal Ventricular Assist Devices.

Veterinary Tables Market - According to American Pet Products Association (APPA) statistics of the U.S., the expenditure of the pet industry increased from $55.72 billion in 2013 to $69.51 billion in 2017, and is expected to increase to $72.13 billion in 2018. Veterinary clinics and hospitals have started services such as grooming, boarding, training, pet sitting, pet exercise and pet walking for fast recovery, and this is increasing the usage of these tables for the grooming of pets.

Equine Surgical Equipment Market - The equine surgical equipment is expected to have exponential growth over the forecast period owing to increasing pet adoption throughout the globe. According to the American Hospital Association, 80% of pet owners are treating their pets as their children which has increased the overall spending on veterinary care. By product type, the operating table segment is expected to gain maximum share in the global equine surgical equipment market

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