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Dental Chairs Segment to Grow at a Higher Pace in the Global Patient Positioning Equipment Market during 2017-2025

Press release Description

Albany, New York, September 20, 2017: The research report titled “Patient Positioning Equipment Market: Global Industry Analysis & Forecast 2017 – 2025” has been added in the research repository of Market Research Reports Search Engine (MRRSE) that provides research intelligence on several domains with in-depth analysis. The research report on global patient positioning equipment market focuses on main trends, challenges, growth drivers, restraints and opportunities for manufacturers dealing with patient positioning equipment across the important regions of North America, Asia Pacific (APAC), Latin America, Europe and Middle East and Africa (MEA) during the period of 2017-2025. The global market has undergone detailed segmentation in this research report, which assists in estimating the value projections during the assessment period.

Global Patient Positioning Equipment Market: Forecast

The global patient positioning equipment market is currently witnessing slow growth and is expected to grow at a moderate rate, projected to record a 3.2% CAGR throughout the period of assessment, to reach a value of about US$ 2 Bn by the end of the assessment period.

Global Patient Positioning Equipment Market: Dynamics

Global patient positioning equipment market growth is influenced by several macroeconomic aspects. In various countries in developed regions, the governments are striving for finding new ways of cost control that would assist in reducing the cost burden on the healthcare sector in these countries. Owing to change in healthcare reforms, the healthcare facilities such as hospitals have changed their focus to become value based entities. The “pay for performance” trend has encouraged several providers dealing with healthcare facilities and equipment to invest in high quality medical equipment. This has spurred the use of patient positioning equipment and hence the growth of the global market.

The rise in the disposable income of people across the entire globe has triggered high expenditure on several healthcare facilities. Individuals are able and willing to pay healthcare facilities to get the best medication. This has led to an increase in the revenue of hospitals and several healthcare facilities and has also encouraged healthcare facilities to spend more on quality medical devices to ensure efficient treatment and deliver enhanced services to patients. The rise in the expenditure on healthcare is more likely to raise the growth bar of the patient positioning equipment market on a global basis. Various developing and developed countries are showing willingness to spend more on healthcare to enhance the quality of service and overall infrastructure of healthcare, especially medical devices.

Global Patient Positioning Equipment Market: Potential of Dental Chairs

The global patient positioning equipment market segmentation comprises the product type category. Within this category, the dental chairs segment is expected to witness significant growth during the assessment period as compared to other product type segments. The dental chairs segment is projected to register a 3.6% CAGR during the 2017-2025 period. In 2016, with respect to volume, the dental chairs segment led the global patient positioning equipment market and this status quo is anticipated to continue till the end of the forecast period.

According to the patient positioning equipment market research report, the surgical tables segment by product type is likely to dominate the global market during 2017-2025 with respect to high revenue share, although it will exhibit slow growth rate than the dental chairs segment throughout the assessment period.

Global Patient Positioning Equipment Market: Regional Outlook Pertaining to the Product Category

Dental chairs segment by product type will reflect good growth potential in the developed region of North America. Asia Pacific, Middle East and Africa and Latin America regions are also lucrative for the growth of the dental chairs segment. The examination tables sub-category is anticipated to witness high growth in the European countries. Stretcher chairs are expected to grow at a slower rate in the regions of Asia Pacific, Europe, Middle East and Africa and Latin America.

Browse Full Global Patient Positioning Equipment Market Report with TOC  :

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