Patient Positioning Systems Market: Growth, Size, Share, and Trends

Market Growth Outlook Summary

The global patient positioning systems market growth forecasted to transform from USD 1.4 billion in 2022 to USD 1.7 billion by 2027, driven by a CAGR of 4.0%. Growth of the market is attributed to the increasing preference for minimally invasive surgeries and rising funding for new healthcare facility establishment. Moreover, Emerging markets are expected to offer lucrative opportunities for market players in the next five years due to growing early disease diagnosis, infrastructural development, and the expanding presence of global players.

Global Patient Positioning Systems Market Trends

e- Estimated; p- Projected

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Patient Positioning System: Market Dynamics

Driver: Rising government funds for hospital expansions

With the rising prevalence of chronic diseases and growing preference for minimally invasive procedures, the number of hospitals offering treatments with specialized staff and equipment is increasing. Moreover, hospitals with surgical equipment aim to invest in innovative technologies and expand operating rooms to meet patient requirements. For instance:

• In May 2022, The University of Colorado Anschutz Medical Campus announced that it would make a $200 million investment over the next five years to create the Gates Institute, a research and treatment center that will focus on the development of new regenerative, cellular, and gene therapies for a variety of serious illnesses.
• In October 2021, the Scottish Government invested Euros 300 million in the winter funding package to increase the capacity of NHS hospitals and primary care centers.

Restraint: Implementation of excise duty on taxable medical devices

Under the Patient Protection and Affordable Care Act, the US government imposed an excise tax of 2.3% on the domestic sales of Class I, II, and III medical devices. This tax applies to medical devices manufactured or imported into the US. Due to this implementation, the market for patient positioning systems, which falls under Class I and II medical devices, will be affected in the US. The tax imposition will also reduce manufacturers' profit margins; as a result, the prices of medical devices are expected to increase in the country. This, in turn, will lead to a subsequent delay in purchasing new instruments, negatively impacting market growth to a certain extent.

The US is a major market for patient positioning systems and thus, the imposition of excise tax on medical devices in the country is expected to affect the patient positioning systems market on a global level.

Opportunities: Emerging markets

Emerging countries such as India, China, and Brazil are expected to offer potential growth opportunities for market players in the coming years. The large population, especially in India and China, offers a sustainable market for patient positioning systems. Lifestyle changes and poor dietary habits in these regions have increased the prevalence of chronic diseases such as cancer and CVDs. For instance, according to GLOBOCAN, China accounted for 24% of newly diagnosed cases and 30% of cancer-related deaths worldwide; this number is expected to increase by 2030. Similarly, the incidence of cancer in India has surged from 1.1 million in 2018 to 1.3 million in 2020.

Considering the potential growth opportunities in these countries, major players are focusing on undertaking various strategic developments, such as entering into distribution agreements with local players, to increase their market presence.

Challenges: Availability of refurbished patient positioning systems

The availability of refurbished patient positioning systems is considered a challenge to market growth. DRE Medical, Inc. (US), Future Health Concepts (US), and Soma Technology, Inc. (US) are some of the companies offering refurbished patient positioning systems in the market. Several end users are currently opting for refurbished systems due to the declining healthcare expenditure in major global healthcare markets. Moreover, end users prefer using cost-effective systems in developing countries, which are considered price-sensitive markets. Considering these factors, the demand for refurbished patient positioning systems is expected to increase in the coming years as these systems offer the same functionalities as new equipment at a lower cost. This, in turn, is expected to hamper the revenue of companies offering branded patient positioning systems in the market.

Patient positioning systems Market Ecosystem:

Source: Knowledge Store

By product type, the tables segment of the patient positioning systems industry accounted for the largest share during the forecast period.

Based on product, the patient positioning systems market is segmented into tables, accessories, and others. The tables segment accounts for the largest share of the patient positioning systems market. As minimally invasive surgery creates a demand for technologically enhanced operating tables, the rising advancements in this field are expected to provide significant growth opportunities for market players.

By application type, the cancer therapy segment of the patient positioning systems industry is expected to witness the highest growth during the forecast period.

Based on application, the patient positioning systems market is segmented into cancer therapy, surgery, and disease diagnosis. The cancer therapy segment is expected to witness the highest growth during the forecast period. Cancer therapies such as radiation therapy or proton therapy/precision therapy specifically treat the part of the body containing tumors. Using patient positioning systems in cancer therapy reduces discomfort and complications and ensures better outcomes. Thus, increasing awareness of proton therapy and other cancer therapy segments is expected to drive market growth for this application segment.

By End User, Ambulatory Surgical Centers segment of the patient positioning systems industry to grow at the fastest rate during the forecast period.

Based on end user, the global patient positioning systems market is segmented into hospitals and clinics, Ambulatory Surgical Centers, diagnostic laboratories, and other end users. ASCs significantly help improve the quality of care while simultaneously reducing the cost of procedures. As a result of these advantages, an increasing number of patients are opting to undergo procedures at ASCs, further supporting the growth of the segment.

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North America is expected to be the largest market of the patient positioning systems industry during the forecast period.

North America commanded the largest share of the patient positioning systems market in 2021. Its large share can be attributed to rising number of surgical procedures, growing investments by hospitals to upgrade operating rooms, and rising patient population. Moreover, growing geriatric population and rising prevalence of lifestyle diseases such as arthritis and obesity in this region are key contributors to the growth of the patient positioning system. As the increase in the number of these diseases requires patients to be hospitalized and depend on the patient positioning system, it aids in its growth.

As of 2021, prominent players in the patient positioning systems market are Stryker Corporation (US), Steris Plc. (US), Hill-Rom, Inc. (US), Getinge AB (Germany), C-RAD (Sweden), Smith & Nephew plc (UK), Guangzhou Renfu Medical Equipment CO, LTD (China), Medline Industries, LP. (US), Elekta AB (Sweden), Span America Medical Systems, Inc. (US), LEONI AG (Germany), Medtronic PLC (US), ORFIT INDUSTRIES N.V. (Belgium), Famed Zywiec Sp. z o. o (Poland), and Oncotech (Turkey) among others.

Scope of the Patient Positioning Systems Industry

This report has segmented the global Patient positioning systems market to forecast revenue and analyze trends in each of the following submarkets.

By Product

• Tables
  • Surgical Table
  • Radiolucent Imaging Table
  • Examination Table
• Accessories
  • Radiotherapy Immobilization/ Fixation Products
  • Other Accessories
• Other Patient Positioning System

By Application

• Surgery
• Disease Diagnosis
• Cancer Therapy

By End User

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Diagnostic Laboratories
• Other End Users

By Region

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

Recent Developments of Patient Positioning Systems Industry

• In November 2022, C-RAD, a Swedish medical technology company, opens a precision radiation center in Faridabad, India.
• In July 2020, Hill-Rom Holdings Inc (US) launched surgical positioning innovations products named PST 500 Precision surgical table and Yellofins Apex Stirrups that provide caregivers with advanced OR technologies
• In September 2022, Getinge entered into a supply partnership with Medtronic, which recently received the CE mark for the Radiant-covered stent
• In September 2021, C-RAD and OPASCA entered collaboration. Radiation therapy departments have reached the next level of safety and accuracy with a solution combining C-RAD and OPASCA products, according to an agreement between C-RAD and OPASCA, a leader in innovative patient safety and workflow management solutions. C-RAD provides cutting-edge solutions ensuring exceptionally high precision, safety, and efficiency in advanced radiation therapy

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