Press release
New Opportunities To Fuel The Expansion Of Patient Positioning Systems Market
These provide easy and safe way to move and transfer patients, and helping them to be more independent and mobile. These are also useful for children with birth defects or who are mentally challenged. Patient positioning systems are used during surgeries to maintain proper position of patient. A patient positioning system can be a complex electronic powered machine or a basic structure. These systems have wide applications in health care, especially in orthopedics, long term care centers, and general medical devices.
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The global patient positioning systems market can be segmented based on product type, application, end-user, and region. In terms of product type, the global market can be classified into tables, surgical tables, radiolucent imaging tables, examination tables, accessories, and other patient positioning systems. Based on application, the global patient positioning systems market can be categorized into surgery, diagnostics, and others. The surgery segment is expected to account for the largest share of the global patient positioning systems market.
End-users of patient positioning systems are hospitals, clinics, ambulatory surgical centers, home care settings, and others. The hospitals segment is likely to account for the largest share of the market during the forecast period. This is attributed to requirement of patient positioning systems in hospitals because of high inflow of patients in hospitals and the need to transfer patients to various departments for procedures and examinations.
Increase in demand for these systems in hospitals, development and advancement of products, and rise in global geriatric population drive the global patient positioning systems market. Other drivers include technological advancements in patient positioning systems and high or sudden rise in the number of mentally challenged patient hospitalization.
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Major restraints of the market are development of other substitute technologies and intense competition among existing product manufacturers. Moreover, product recalls, government regulations for reduction of overall health care cost, and subsequent upswing in bulk purchase through group purchasing organizations also restrain the market.
Geographically, the global patient positioning systems market can be segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to account for major share of the global market due to advanced health care facilities and increase in use of patient positioning systems in orthopedic and physiotherapy departments of hospitals for patient recovery post treatment.
The emerging markets in Asia Pacific, Latin America, and Middle East & Africa are estimated to witness strong growth during the forecast period. This is attributed to the growing health care industry, surge in investments by leading players operating in these countries, and the aging population. The patient positioning systems market in China, Brazil, and India is anticipated to grow at a rapid pace due to rise in investments by governments to improve hospitals and other health care facilities.
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The global patient positioning systems market is highly competitive due to the presence of numerous international and regional players. Key companies operating in the global market are Medtronic plc, Stryker Corporation, Hill-Rom Services, Inc., Medline Industries, OPT SurgiSystems Srl, Skytron, LLC, SchureMed, STERIS plc, Smith & Nephew, and LEONI Special Cables GmbH.
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