Market Analysis: Surgeries Impact Patient Positioner Market
Patient positioners are essential tools for surgeons, especially with advancements in robotic surgery and other minimally invasive surgery techniques worldwide.
Patient positioners facilitate surgery and prevent injury by ensuring patients do not move during procedures. They are among the many accessories used during surgery to assist health care professionals and promote positive outcomes. They can reduce patient stays by allowing for minimally invasive surgery that promote faster recovery times.
In May 2016, PRNewswire reported continued growth in the surgery market, including the patient positioner segment.
“The growth of the overall market is due to rise in number of hospitals, growing number of ambulatory surgical centers, surge in demand for hybrid operating rooms, growing number of regulations for operating room equipment, and increase in number of geriatric population coupled with high number of surgeries worldwide,” according to PRNewswire. “Globally, the operating room equipment market has been experiencing steady growth and the trend is expected to continue during the forecast period from 2015 to 2023.”
“Major drivers of demand and growth of the operating room equipment market include growing number of ambulatory surgical centers, product innovations driven by advances in technology, rising demand for hybrid operating room, and increase in the number of surgeries,” PRNewswire adds. “Apart from this, innovations related to patient handling techniques will propel the operating room equipment market in the next few years. Major restraints of the market include high cost of operating room equipment. However, the report also highlights various opportunities that are expected to boost market growth during the forecast period.”
According to a market report published by Transparency Market Research “Operating Room Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015-2023,” the global operating room equipment market was valued at $23.9 billion in 2014 and is anticipated to expand at a compound annual growth rate (CAGR) of 6.9 percent from 2015 to 2023 to reach $42.9 billion in 2023.
A report by MarketsandMarkets also predicts growth in the operating room equipment and supplies market.
“This market is expected to reach $29.15 billion by 2020 from $24.31 billion in 2015, at a CAGR of 3.7 percent,” according to MarketsandMarkets.
“Growing investments, funds, and grants by government bodies worldwide, rising number of hospitals, increasing patient preference for minimally invasive surgeries, growing number of regulatory approvals for operating room equipment, and growing number of geriatric population coupled with the increasing number of surgeries globally are some of the factors that are expected to drive the growth of the global operating room equipment and supplies market in the coming years,” MarketsandMarkets adds.
Transparency Market Research expects the minimally invasive surgery market, which includes patient positioners, to more than double from 2013 to 2019.
According to the Transparency Market Research market research report, the minimally invasive surgery market is “exhibiting a robust CAGR of 10.50 percent from 2013 to 2019, the minimally invasive surgery market is anticipated to expand from a value of $25 billion in 2012 to $50.6 billion in 2019.”