(PharmaNewsWire.Com, March 13, 2019 ) The patient positioning system market was valued at USD 990 Million in 2017 and expected to grow at a CAGR of 4.5% to reach USD 1,233.8 Million in 2022. Factors such as increasing prevalence of chronic diseases, rising aging population, and growing hospital investments are contributing to the growth of this patient positioning system market.
The patient positioning system market is segmented on the basis of product, application and end user. On the basis of application, the market is segmented into surgeries, disease diagnosis and cancer therapy. The surgeries segment is expected to account for the largest share of the market in 2017 . The growth in this segment is primarily attributed to increasing prevalence of chronic diseases such as cancer and cardiovascular diseases and increasing awareness about image guided surgeries.
Target Audience for this Report:
-Patient positioning systems devices manufacturers -Patient positioning systems accessories manufacturers -Patient positioning systems product distributors -Various research and consulting companies -Operating room equipment manufacturers
By region, the patient positioning system market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). The market is dominated by North America, followed by Europe, however, the Asian region is expected to witness the highest growth during the forecast period. The presence of emerging economies like China and India; large population and rising prevalence of chronic diseases ; improving standards of living; and growing demand for quality medical care are some of the key factors driving the high growth of this regional segment.
AB (Sweden), Hill-Rom, Inc. (U.S.), Stryker Corporation (U.S.), Steris Plc. (U.S.), are the top four players in this market. These companies have a broad product portfolio with comprehensive features and have a strong geographical presence.
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