Patient Positioning Systems Market Size, Share & Trend Report

Patient Positioning Systems Market Size, Share & Trend Analysis By Product (Tables, Accessories), Application (Surgery, Diagnostics), By End Use (Hospital, Ambulatory), And Segment Forecasts, 2018 - 2025

  • Published Date: Jan, 2018
  • Base Year for Estimate: 2016
  • Report ID: GVR-2-68038-066-8
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2015
  • Number of Pages: 86

Industry Insights

The global patient positioning systems market size was valued at USD 942.8 million in 2016 and is expected to expand at a CAGR of 4.7% during the forecast period. Growing geriatric population, increasing prevalence of cancer, rising awareness among patient population, and surging expenditure on diagnostic procedures are expected to boost the patient positioning systems market during the forecast period.

Technological advancements in sensors, such as optic fiber technology, cancer tracking sensors, and MEMS sensors, is 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 increasing prevalence of cancer.

U.S. patient positioning systems market

According to the World Cancer Report published by the WHO, the prevalence of cancer is estimated to reach 15 million new cases per year by 2020. The National Cancer Institute estimated that 1,685,210 new cases of cancer may have been diagnosed in 2016 in U.S. alone. This steady increase in disease prevalence acts as a driver for R&D investment in the industry.

Increasing awareness about and rising expenditure on diagnostic procedures is also expected to increase the demand for patient positioning systems in the market. According to the National Health Services (NHS), there were 42.1 million diagnostics imaging tests performed in U.K. in the year 2016-2017. An increase of 3.6% was recorded in the number of diagnostic imagining tests performed when compared to the previous year. Additionally, there are many awareness campaigns regarding early cancer diagnosis such as the National Awareness and Early Diagnosis Initiative (NAEDI) in U.K. and Breast Cancer Now in U.S., which are expected to increase the demand for diagnostic imaging procedures. This, in turn, is expected to increase the demand for patient positioning systems.

Product Insights

The products analyzed in this study include tables and accessories. The tables segment is expected to dominate the market owing to increased demand and rising number of hospitals, ambulatory centers, and other settings such as specialty centers and diagnostics centers.

The tables segment is expected to retain its lead over the forecast period due to rising demand for efficient and accurate diagnostic imaging, which is creating growth opportunities for the segment.

The accessories segment is expected to witness the fastest growth in the market, owing to increasing number of patients undergoing different types of surgeries and diagnoses. There is a greater demand for diagnosis in developing countries such as India and China, which may drive sales of patient positioning systems over the forecast period.

Application Insights

Based on application, patient positioning systems are segmented into diagnostics/imaging, surgery, and others. The surgery segment held the largest share owing to increasing prevalence of chronic diseases such as cancer. Additionally, there is an increase in healthcare expenditure globally. This is anticipated to further supplement the growth of this application.

The diagnostics segment is estimated to grow at a lucrative rate over the forecast period, due to increasing expenditure on diagnostics/imaging, globally.Diagnostics tests represent more than 3.0% of the total healthcare spending. These tests also play a major role in a doctor’s decision-making process. Almost all cancer diagnoses are based on laboratory tests and their results.

End-use Insights

By end use, the market for patient positioning systems is categorized into hospitals, ambulatory centers, and others. Hospitals are identified as the largest segment owing to increasing healthcare expenditure globally. Additionally, increasing number of hospitals across the globe is anticipated to drive demand in this market.

Global patient positioning systems market

However, the ambulatory segment is expected to grow at a faster rate. As the number of these centers soars in developed as well as developing countries, they help alleviate the pressure on hospitals and clinics. There are approximately 5,229 Ambulatory Surgical Centers (ASCs) certified by Medicare in U.S.

Regional Insights

North America held a dominant share of 34.2% in 2016 owing to rising prevalence of chronic and lifestyle-related diseases and presence of sophisticated healthcare infrastructure. In addition, local presence of major market players in U.S., such as Hill-Rom Holdings, Inc.; Stryker Corporation; Medline Industries; Skytron, LLC; and SchureMed, is expected to boost the growth of the market for patient positioning systems in North America.

Europe is also expected to hold a lucrative share during the forecast period due to a flourishing medical device industry in U.K., France, and Germany, in addition to rising avenues for market participants in this region. Asia Pacific is expected to register a higher CAGR as compared to other regionsover the forecast period, which can be attributed to increasing geriatric population and increasing healthcare expenditure in this region.

Patient Positioning Systems Market Share Insights

Some of the major players in this space are Medtronic; Hill-Rom Holdings, Inc.; Stryker Corporation; Medline Industries; Skytron, LLC; OPT SurgiSystems Srl; SchureMed; Smith & Nephew; STERIS plc; and Leoni.

These players focus on growth strategies such as collaborations, mergers and acquisitions, and approvals. For instance, in September 2016 Hill-Rom Holding, Inc. acquired Medication, Inc. Medication has a strong clinical trial pipeline in the oncology market and through this acquisition, Hill Rom hopes to accelerate the process of gaining market leadership in the oncology segment.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2015

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, & MEA

Country scope

U.S., Canada, U.K., Germany, France, Japan, China, Brazil, Mexico, and South Africa

Report coverage

Revenue, competitive landscape, growth factors, and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth and provides an analysis on the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research, Inc. has segmented the global patient positioning systems market on the basis of product, application, end use, and region:

  • Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Tables

    • Accessories

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Surgery

    • Diagnostics

    • Other

  • End-use Outlook (Revenue, USD Million, 2014 - 2025)

    • Hospital

    • Ambulatory Centers

    • Other

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • France

    • Asia Pacific

      • Japan

      • China

    • Latin America

      • Brazil

      • Mexico

    • Middle East and Africa (MEA)

      • South Africa

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