The sales of Patient Positioning Systems have the potential to expand significantly, with a CAGR of 5.4% from 2024 to 2034. The global patient positioning system market size is expected to be valued at USD 508.4 million by 2024. By 2034, the demand for patient positioning systems is expected to garner a significant valuation of USD 857.4 million.
Attributes | Details |
---|---|
Market Value for 2024 | USD 508.4 million |
Market Value for 2034 | USD 857.4 million |
Market CAGR from 2024 to 2034 | 5.4% |
Patient positioning system sales to profit from the upgraded healthcare infrastructure supported by rising healthcare expenditures. One of the favorable catalysts of the patient positioning system market is the rising cancer incidence.
A sharp increase in demand for patient positioning in disease diagnostics is predicted. Some notable trends compelling patient positioning system demand and revenue are integrated patient location, robotics, and artificial intelligence (AI).
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The patient positioning device market expanded significantly between 2019 and 2023 due to rising healthcare awareness, technological advancements, and the demand for precise medical interventions. Advancements greatly aided the patient positioning system market growth in surgical techniques and imaging technologies.
Attributes | Details |
---|---|
Market Value for 2019 | USD 345.7 million |
Market Value for 2023 | USD 469.5 million |
Market CAGR from 2019 to 2023 | 6.3% |
Looking ahead, the trajectory from 2024 to 2034 seems promising. Prospective developments in robotics, artificial intelligence, and patient-centered care are likely to change the game. The market is well-positioned for steady growth with an emphasis on improving patient safety, procedural efficiency, and healthcare outcomes.
Cooperation between healthcare providers, academic institutions, and patient positioning system manufacturers to promote the ongoing development and adoption of patient positioning solutions, guaranteeing a vibrant and adaptable market until 2034.
Within product categories, the air pump assisted positioning systems dominate the market analysis of patient positioning systems. Their sector leadership has been demonstrated by extensive research.
Hospitals stand out as the prevalent end-user category with their strong market presence. The critical role that air pump assisted systems and the healthcare industry play in propelling the dynamics and expansion of the patient positioning system market is highlighted by this thorough analysis.
Leading Segment | Air Pump Assisted Positioning Systems |
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Segment Share | 40.7% |
Leading Segment | Hospitals |
---|---|
Segment Share | 28.3% |
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The market analysis for patient positioning systems identifies essential developments in the United States, the United Kingdom, China, India, and Germany. Due to its strong manufacturers of patient positioning systems, India stands out as having significant potential.
An in-depth analysis identifies profitable prospects, establishing India as a potential market for these medical devices. It emphasizes that the nation's robust manufacturing capabilities in the patient positioning system industry have contributed to its growing significance in the global healthcare industry.
Countries | CAGR |
---|---|
India | 8.0% |
China | 7.0% |
United Kingdom | 3.5% |
Germany | 3.2% |
United States | 2.4% |
There is fierce competition, with significant patient positioning system vendors emphasizing technological developments and tactical alliances. Growing volumes of surgeries, an increase in the prevalence of chronic illnesses, and an increasing need for precise medical procedures stimulate patient positioning system market growth.
New patient positioning system suppliers work to carve out a niche by utilizing emerging technologies, while established vendors compete for patient positioning system market share. Cost-effectiveness, product dependability, and regulatory compliance are essential variables affecting competitiveness among the patient positioning system producers.
The patient positioning device market is characterized by a dynamic environment where maintaining and strengthening the competitive edge depends critically on partnerships, expansion strategies, and research and development.
Notable Breakthroughs
Company | Details |
---|---|
Stryker Corporation | Stryker Corporation introduced an innovative mobile air transfer system in March 2022 to protect nurses during pre- and post-surgical lateral transfers in the operating room and assist patients in staying upright during tilt procedures. |
Surgitech Inc. | Surgitech Inc., which is utilizing its cutting-edge product lines to improve safety and efficiency in the operating room, was given a contract by Vizient in January 2022 for patient positioning. |
Medline Industries | A deal to acquire Medline Industries for more than USD 30 billion was reached in June 2021 by Blackstone, Hellman & Friedman, and Carlyle. Without taking into account borrowings, the transaction would be valued at USD 34 billion and more than USD 30 billion. |
Baxter International Inc. | The acquisition of Hillrom was finalized, according to a September 2021 announcement from Baxter International Inc. At USD 10.5 billion, Baxter paid USD 156 in cash for each outstanding share of Hillrom common stock. The transaction had a USD 12.5 billion value. |
Stryker Corporation | Stryker Corporation announced in November 2020 the completion of its acquisition of Wright Medical Group, a reputable supplier of medical equipment with an emphasis on extremities and biologics. |
The patient positioning device market to secure a valuation of USD 508.4 million in 2024.
The patient positioning device market is estimated to reach USD 857.4 million by 2034.
Through 2034, the patient positioning device market is anticipated to expand at a 5.4% CAGR.
From 2019 to 2023, the patient positioning device market recorded a 6.3% CAGR.
The air pump assisted positioning systems sector is set to achieve a market share of 40.7%.
A 28.3% market share is expected for the hospital sector.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product 5.1. Tables 5.2. Surgical Tables 5.3. Radiolucent Imaging Tables 5.4. Examination Tables 5.5. Accessories 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Surgeries 6.2. Diseases Diagnosis 6.3. Cancer Therapy 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User 7.1. Hospitals 7.2. Ambulatory Surgery Centres 7.3. Diagnostic Laboratories 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Medtronic plc 18.2. Hill-Rom Holdings, Inc. 18.3. Stryker Corporation 18.4. Medline Industries, LP 18.5. Skytron, LLC 18.6. OPT SurgiSystems Srl 18.7. SchureMed 18.8. Smith & Nephew plc 18.9. STERIS plc 18.10. Leoni 19. Assumptions & Acronyms Used 20. Research Methodology
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