Global Patient Positioning Devices Market - 2023-2030

Global Patient Positioning Devices Market - 2023-2030

The Global Patient Positioning Devices Market reached US$ 1.3 billion in 2022 and is projected to witness lucrative growth by reaching US$ 1.9 billion by 2030. The Patient Positioning Devices Market is expected to exhibit a CAGR of 4.8% during the forecast period 2023-2030.

The increasing government investments, adoption of minimally invasive surgery, market developments, and research advancements are pushing the global patient positioning devices market growth in the forecast period.

The increasing market developments, research advancements, increased adoption of minimally invasive surgery, and increased government investments are driving the global patient positioning devices market growth during the forecast period. Key players in the patient positioning devices market include Hill-Rom Holdings, Inc., Medtronic plc, Stryker Corporation, and other prominent players operating in the market.

Market Dynamics

The Increasing Government Investments in Healthcare are Driving the Global Patient Positioning Devices Market Growth in the Forecast Period

The increasing government investments in healthcare drive the Global Patient Positioning Device Market during the forecast period. For instance, in October 2021, the Scottish Government invested Euros 300 million in the winter funding scheme to improve the capability of NHS infirmaries and immediate care hubs.

The Increasing Market Developments are Driving the Global Patient Positioning Devices Market Growth in the Forecast Period

The increasing developments in the Global Patient Positioning Devices Market will drive the global market during the forecast period. For instance, in February 2022, Mireye, a Canadian Medtech corporation, launched its intelligent imaging technology that automates the particular positioning method for X-ray investigations.

The Increasing Geriatric Population is Providing the Global Patient Positioning Devices Market With Prospective Growth Opportunities

The growing geriatric population provides the global patient positioning devices market with prospective growth opportunities in the upcoming years. For instance, according to America’s Health Rankings Senior Report 2022, over 54 million adults aged 65 and older are in the United States, and the total number of adults aged 65 and above is anticipated to grow to an estimated 85.7 million, approximately 20% of the total the United States population. This growing geriatric population, owing to increased hospitalization of the elderly population, delivers market growth opportunities.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario, and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it to pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Russia-Ukraine War Impact Analysis

The Russia-Ukraine war has significantly impacted the global patient positioning devices market. Since the war in Ukraine has twisted into a fully-fledged humanitarian disaster. The continued warfare jeopardizes the lives of civilians and induces intense harm to accommodation, water and electricity reserve, heating, and public establishments like schools and health establishments. Millions of individuals have no access to fundamental requirements.

Thus, the EU has rallied all potential aid to help crisis service in Ukraine. Given Ukraine's tremendous need for crisis equipment, the EU has deployed services from its rescue medical reserves, including power generators, medical equipment, interim shelter units, and technical tools for public fitness threats like biological, chemical, radiological, and nuclear threats.

Global Recession Impact Analysis

The healthcare industry is not completely invulnerable to a recession, as healthcare organizations supposed layoffs and hirings in past financial downturns. That remarked the enterprise manages better than different sectors owing to its essential nature. Yet, the threat of recession risks the market as inflation succeeds. The symbolic degree of stress concerning the ongoing recession as the high inflation in developed countries worldwide has transpired in an all-around price ripple through the past two years.

Segment Analysis

The Global Patient Positioning Devices Market is segmented based on product type, application, end-user, and region.

The Hospital End-User Segment is Estimated to Hold A 41.6% Share of the Global Market.

The hospital end-user segment is estimated to dominate the global patient positioning devices market, holding around 41.6% of the global market by 2030, owing to the increasing number of hospitals and hospitalizations. For instance, according to American Hospital Association Facts Sheet 2022, there were 6,129 hospitals up and running in the United States, with over 34,011,386 hospitalizations.

Geographical Analysis

Europe is Estimated to Hold the Second-Largest Share of the Global Patient Positioning Devices Market During the Forecast Period

Due to frequent and log hospitalization of European residents, Europe is estimated to hold around 26.9% of the total Global Patient Positioning Devices Market by 2030. For instance, according to data, around 16% of the population of the EU is admitted to hospital annually, and their average visit period is about six days.

Competitive Landscape

The major global players in the market include ALVO, C-Rad, Dexta Corporation, Eschmann Equipment, Elekta, Getinge AB, Hill-Rom, Innovative Medical Products, Inc., Leoni AG, and Merivaara Corp, among others.

Why Purchase the Report?
• To visualize the Global Patient Positioning Devices Market segmentation based on product type, application, end-user, and region and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of patient positioning devices market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Patient Positioning Devices Market Report Would Provide Approximately 53 Tables, 54 Figures And 195 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies