Press release
The next 10 years to see a digitized revolution in the Patient Positioning Accessories Market at a CAGR of 3%
The Patient Positioning Accessories Market is all set to unleash its potential to the fullest, at a CAGR of 3%. The new normal constitutes video chatting with therapists. The patients are thus able to create their profile and look for the therapist (s) of their choice. Patients could, thus share the data from various apps and share it with their provider (s) for a better understanding of the personalized care needed by them. Such would be the healthcare vertical.Rising number of medical procedures because of high occurrence of chronic diseases is the central point driving demand for patient positioning accessories. As indicated by a World Health Organization (WHO) report, around 23.6 million new instances of diseases are projected to be accounted for worldwide by 2031. High occurrence of chronic diseases, for example, malignant diseases and kidney problems, demand more diagnostic and therapeutic procedures, including radiation treatment.
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Technical innovations in sensors, such as cancer tracking sensors, MEMS sensors, and optic fibre technology, are estimated to drive market development. These systems assist in keeping patients in a stable and comfortable position during radiotherapy, while also assisting medical personnel delivering treatment.
The global patient positioning accessories market is estimated to be valued at US$ 3 Bn in 2021, and is expected to exhibit a CAGR of more than 3% over the forecast period (2021-2031).
Company Profiles:
Best Medical International Inc
Bionix Radiation Therapy
CDR Systems
Eckert & Ziegler Strahlen- und Medizintechnik AG
Elekta AB
IZI Medical Products
Klarity Medical Products
ORFIT INDUSTRIES NV
Qfix
Civco
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Key Takeaways from Market Study
Under the product segment, chairs hold maximum value in the market, owing to rising number of chronic diseases leading to increasing need for medical procedures.
By application, surgeries hold a notable revenue share of more than half in the market.
Owing to the rising cancer cases requiring surgeries, hospitals are expected to show lucrative growth among all end users at a CAGR of close to 5% through 2031.
The market in North America accounted for a share of over 30% in 2020, and is expected to experience significant growth over the next ten years.
Europe is the next dominating region with a market share of 28% in 2020, due to its flourishing medical devices industry.
The market in both, India and China is expected to expand at a CAGR of close to 5% through 2031.
"Increasing number of surgeries owing to rising chronic diseases, and technological advancements in the field of patient positioning accessories, are expected to drive market growth," says a Persistence Market Research analyst.
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Increase in Product Launches - Imperative Strategy for Market Players
To sustain in the market, manufacturers are working toward development of innovative products that are not only suitable and required for radiation patient positioning but also for increasing the comfort level of patients. This is because, when the patient is comfortable, he will be more co-operative throughout the procedure. Furthermore, as cancer affects different parts of body, hence, for every patient there is a need for customization and development of products that can easily be utilized for multiple patients. Thus, most manufactures are focused on the development and approval of new products.
For instance, in October 2018, CIVCO Radiotherapy announced FDA Clearance and CE Mark for the Solstice SRS Immobilization System.
In 2018, Bionix Radiation Therapy announced the launch of its new subscription service. This is an online-based service that delivers a simple experience for customers and their facilities. Products that are offered in the subscription program are Embrace Thermoplastic, TruGuard, Accu-Tatt, MoldCare, and SecureFoam.
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What else is in the report?
Persistence Market Research offers a unique perspective and actionable insights on the patient positioning accessories market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021-2031, based on product (couch tops & overlays, thermoplastic masks & sheets, markers, immobilization systems, head rests, cushions, spacers & wedges, arm & wrist supports, locating & indexing bars, safety drapes, boot pads, surgical tables, chairs, and bite positioners), application (surgeries, diagnostic & imaging, and cancer therapy), and end user (hospitals, radiation/proton therapy centers, cancer research institutes, ambulatory surgical centers, and speciality clinics), across seven key regions of the world.
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