Patient Positioning Systems Market Size, Share, Growth, Trends and Forecast Report, 2018 to 2025
by Susan Hill Business ConsultantThe
global patient positioning systems market is anticipated
to reach USD 1.4 billion by 2025, according to a new report by Grand View
Research, Inc., registering a 4.7% CAGR during the forecast period. This market
is expected to witness lucrative growth during through 2025 owing to rising
awareness about and surging expenditure on diagnostic procedures. In addition,
increasing prevalence of cancer and rising geriatric population are expected to
assist in market growth.
According to
the National Cancer Institute, in 2016, there were 1,685,210 new cases of
cancer diagnosed in U.S. and 14.1 million cases globally. The most common types
of cancer are breast cancer, prostate cancer, and colon and rectum cancer. This
steady increase in disease prevalence acts as a driver for R&D investments
in the industry. Increase in innovation has resulted in improved efficiency and
accuracy of these systems in cancer therapy. These products keep patients
immobile yet comfortable during radiotherapy. This is anticipated to supplement
industry growth.
Rising
expenditure on diagnostics procedures has been a strong force driving demand in
the market. According to a research published by NCBI, majority oncologists and
cardiologists in U.S. and Germany prescribe diagnostics tests and choose a treatment
plan only after studying test results. Thus, demand for diagnostics tests is
increasing globally.
Further key
findings from the study suggest:
- By product, the
tables segment held a lucrative market share in 2016, owing to increasing
prevalence of cancer and rising number of surgeries performed
- In terms of
application, the surgery segment is expected to account for the dominant
market share on account of rising incidence of cancer, globally
- By end use, the
ambulatory segment is expected to register the highest growth over the
forecast period owning to increase in precision of minimally invasive
technologies
- North America
is projected to dominate the patient positioning systems market over the
forecast period due to presence of a large number of diagnostic centers
- Some of the key
players in the patient positioning systems market are Medtronic; Hill-Rom
Holdings, Inc.; Stryker Corporation; Medline Industries; Skytron, LLC; OPT
SurgiSystems Srl; SchureMed; Smith & Nephew; STERIS plc; and Leoni.
Access full
research report on global patient positioning systems market:
www.grandviewresearch.com/industry-analysis/patient-positioning-systems-market
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Created on Sep 12th 2019 00:35. Viewed 323 times.