The size of the Latin America Patient positioning systems Market was worth USD 113.30 million in 2022. It is estimated to be growing at a CAGR of 4.8% and worth USD 143.23 million by 2027.
The escalating number of surgical procedures and increasing expenses on the diagnostic processes are flourishing the demand in the Latin American patient positioning system (PPS) market. Extensive application usage of the positioning systems in the healthcare sector is also driving the market boom. The rising demand for the hospitals' positioning systems and increasing senior population boost the business in this area. Surging patient count suffering from chronic diseases is uplifting market growth. The upsurge in huge funds and investments from the government to improve healthcare facilities encourage growth in the Latin American PPS market. Frequent increase of cancer cases among the patients is likely to add fuel to the overall demand. Continuous technology advancements in improving the healthcare facilities and a surge in common cancer cases are fostering growth in the market. The increasing count of robotic surgeries is also supposed to fuel demand in this industry. A wide variety of healthcare applications, particularly in orthopedics and many more, improve the healthcare of the people, which in turn escalates the growth in the patient positioning systems market.
Easy availability of remodeled patient positioning systems is expected to cut down the market growth. Growing product recalls is also hindering the industry demand. Alternate technologies and increasing competition between the emerging device manufacturers are breaking down the market boom. Government rules and guidelines for minimizing the total healthcare cost associated diminishes the overall growth rate in the Latin America PPS market.
This research report on the Latin America Patient Positioning Systems Market has been segmented and sub-segmented into the following categories.
By End User:
The Brazilian market leads the Latin American market with a substantial share in this area based on geography. Lavishing demand for positioning systems among hospitals and clinics is expected to develop healthcare facilities and escalate market growth. Mexico is the second country in terms of leading in this market. The senior population needs these systems more to perform their daily activities. The patients recovering from injuries, surgery, or any medical issues are swelling the patient positioning systems market growth in Latin America.
Key market participants in the Latin America Patient Positioning Systems Market profiled in this report are Getinge AB (Sweden), Hill-Rom, Inc., Stryker Corporation, Steris Plc., Span-America Medical Systems, Inc., Skytron, LLC, Elekta AB, C-RAD, LEONI AG, and Mizuho OSI.
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