Market Trends of Global Patient Positioning Devices Industry
This section covers the major market trends shaping the Patient Positioning Devices Market according to our research experts:
Surgical Table Segment is Expected to Hold a Major Share in the Studied Market Over the Forecast Period
The surgical table segment is expected to hold a significant share in the patient positioning devices market, and it is expected to do the same over the forecast period.
The key players in the market are implementing their strategies to launch their innovative surgical tables in the market, thereby driving this segment growth. For instance, in March 2021, SIMEON Medical collaborated with skilled practitioners to create the Sim.MOVE 800. It is an operating room table that is adaptable to all conditions and thus universally applicable to all typical applications. Sim.MOVE 800 is also suitable for hybrid operating rooms as well. Such launch of surgical tables that are applicable for versatile applications will therefore lead to drive this segment growth.
In addition, in October 2021, Stille AB entered an exclusive collaboration with GE Healthcare for a new general surgery table in the United States. The new GS2 general surgery table was created to meet the growing need for a premium general surgery table that meets the needs of multi-disciplinary surgery units like Ambulatory Surgery Centers (ASC) while also being a cost-effective, high-value solution. Such collaborations to market surgical tables will lead to rising in the adoption of surgical tables, driving the market growth.
Furthermore, according to the news published in December 2021, due to increased demand and improved access to surgical care in Asia, surgical procedure volume and the equipment market are likely to grow rapidly. China, as well as other growing markets such as India and Southeast Asia, are viewed as the most promising growth areas in Asia. The rise in demand and rise in surgical procedure volumes in highly populous countries such as India and China will therefore lead to increased adoption of surgical tables for patient positioning, thereby propelling the market growth of this segment.
Therefore, owing to the above-mentioned factors, this segment is expected to show significant growth over the forecast period.
North America Holds a Significant Market Share and Expected to do the Same in the Forecast Period
North America holds a significant market share and it is expected to do the same over the forecast period. The factors driving the growth of market in this region includes developed infrastructure, the rise in healthcare spending, the strong foothold of key market players, among others.
According to the study published in the Journal of the American Medical Association, titled 'Trends in US Surgical Procedures and Health Care System Response to Policies Curtailing Elective Surgical Operations During the COVID-19 Pandemic' in December 2021, the rate of surgical procedures rebounded in 2019 levels after the reopening in the late pandemic era. These findings suggest that health systems were able to self-regulate and function at pre-pandemic capacity after initial adaptation. Such recovery will drive the market growth due to the rise in the adoption of patient positioning devices in surgical procedures.
In addition, according to the article published by the Marquette University, titled 'Modeling of a Patient Positioning System for use in MRI Machines' in May 2021, patient positioning systems must be able to manage unknown weights of up to 225 kilogrammes, accommodate friction disturbances, travel vast distances quickly, travel short distances in less than 1 second, and achieve sub millimetre bidirectional precision during an MRI. Such applications of patient positioning systems will lead to drive the market growth in this region due to higher adoption in medical imaging.
Moreover, according to the America's Health Rankings Senior Report 2022 , more than 54 million adults aged 65 and older live in the United States and the total number of adults ages 65 and older is projected to rise to an estimated 85.7 million, roughly 20% of the overall the United States population. Such a high burden of geriatric population will drive the growth of the market studied in this region due to increased hospitalization of elderly population.
Furthermore, rise in product launches in the United States for patient positioning will also boost the market growth due to rise in adoption of these products. For instance, in July 2020, Hillrom launched the PST 500, a precision surgical table, as well as Yellofins Apex, a highly sophisticated addition to the Yellofins Stirrups portfolio.
Therefore, owing to the afore mentioned factors, the market is expected to drive in North America.
