Radiology Positioning Aids Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Jan 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Radiology Positioning Aids market size is expected to be worth around US$ 359.10 million by 2028, according to a new report by Vision Research Reports.

The global Radiology Positioning Aids market size was valued at US$ 231.10 million  in 2020 and is anticipated to grow at a CAGR of 5.10% during forecast period 2021 to 2028.

Growth Factors

Increasing cases of bone fractures, along with growing prevalence of cancer, tumors, and other digestive conditions, is expected to drive the overall market.

North America was identified as the dominant region in 2020 in terms of market share and is expected to grow at a significant pace throughout the forecast period. The increasing momentum observed in this region is largely attributed to growing geriatric population, who are prone to fractures, and increasing product demand in hospitals.

Frequent introduction of innovative positioning aids are expected to impact the market dynamics during the forecast period. Introduction of advanced imaging systems boosts demand for newer types of positioning aids. Increasing number of standalone radiology centers in developing countries is expected to fuel the market.

Report Highlights

The wedge x-ray segment is anticipated to grow at a significant rate during the forecast period. These devices come with a polyurethane coat, which is resistant to blood, Betadine, barium, alcohol, oils, and other fluids. Wedge x-ray positioning devices are now available with antimicrobial and antifungal properties. Hence, these devices are widely preferred for body positioning for radiology, CT, ultrasound, and other imaging exams.

Block x-ray devices held the dominant share in 2020 largely due to the comfort they provide to patients. The shape of these device provides comfort and are also used for effectively performing radiology and other diagnosis. The devices can be used for positioning knee, head, neck, and other body parts during the process of radiology. These products are widely accepted in different regions and are expected to grow during the forecast period.

The others segment includes rectangle, circle, and other shaped devices. These devices are expected to grow at a significant rate during the forecast period. The gradual growth of this segment is attributed to their affordable cost. The presence of cost-effective products in the market is anticipated to boost overall market growth.

The head, neck, and brain segment dominated the radiology positioning aids market in 2020 and is expected to witness swift growth during the forecast period. Growth of this segment is associated with the increasing geriatric population that are prone to developing these disorders and requires proper diagnosis. Therefore, growing patient pool and increasing demand for diagnosis is expected to drive the segment.

Tables that are used as a radiology positioning device are designed with special focus on patient comfort. These specially designed tables are widely adopted by hospitals, ambulatory surgical centers, and diagnostic imaging centers for the purpose of patient positioning during radiology processes. Moreover, these tables are easily available in the market at an affordable cost and are effective in carrying out proper diagnosis.

Thorax and breast are identified as lucrative segments. Significant growth of the segment is largely due to rising prevalence of thorax- and breast-related disorders. Growing prevalence of the disease demands early diagnosis and this is expected to drive the segment.

Pediatric positioning aids are expected to grow at the fastest rate during the study period. Growth of this segment can be attributed to increasing number of reported cases of fractures, arthritis, and bone cancer among the pediatric population. Demand for pediatric radiology positioning devices is on the rise as these devices provide maximum comfort to patients and conduct an efficient diagnosis to come up with effective treatment. Major market players are coming up with pediatric related aids in order to strengthen their product portfolio.

Hospitals dominated the market in 2020 and are expected to witness moderate growth during the forecast period. Segment growth is attributed to rising adoption of radiology positioning aids in hospitals. Many market participants are forming alliances with suppliers for distributing these products. These alliances are anticipated to increase the reach of these products to different end-users and increase their adoption.

Ambulatory surgical centers are identified as the fastest growing segment over the forecast period. Growth of this segment is associated with cost efficient services, advanced workforce, supplies, and equipment when compared to other settings such as hospitals. Diagnostic imaging centers are gradually adopting these devices. Gradual development of these diagnostic imaging centers in different regions and high product adoption in these centers for early diagnosis is expected to drive the market.

North America captured the largest share in 2020. Presence of a large number of global players, frequent product launches, and growing adoption of advanced products for effective diagnosis and patient comfort are expected to play an important role in this region’s growth.

Asia Pacific is anticipated to register a CAGR of 6.10% during the forecast period. Increasing demand for advanced imaging and increasing presence of local market players in China, India, and South Korea are anticipated to drive the regional market.

Key Players

AADCO Medical, Inc.; Bionix Radiation Therapy; CIVCO Radiotherapy; Clear Image Devices; Elekta AB; IZI Medical Products; Klarity Medical Products; Varian Medical Systems, Inc.; and VERTEC LTD.

Market Segmentation

  • Type Outlook 

    • Wedge X-ray

    • Block X-ray

    • Others

  • Product Outlook 

    • Head, Neck, and Brain Positioning Devices

    • Thorax and Breast Positioning Devices

    • Tables

    • Pediatric

    • Others

  • End-use Outlook 

    • Hospitals

    • Ambulatory Surgical Centers

    • Diagnostic Imaging Centers

  • Regional Outlook

    • North America

      • The U.S.

      • Canada

    • Europe

      • Germany

      • The U.K.

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Thailand

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

      • Colombia

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

The Radiology Positioning Aids market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Radiology Positioning Aids market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Radiology Positioning Aids market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Radiology Positioning Aids market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Radiology Positioning Aids market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Radiology Positioning Aids capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Radiology Positioning Aids by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Radiology Positioning Aids market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Radiology Positioning Aids market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Radiology Positioning Aids market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Radiology Positioning Aids industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Radiology Positioning Aids market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Radiology Positioning Aids market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Radiology Positioning Aids market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Radiology Positioning Aids market. These factors have benefited the growth of the global market for Radiology Positioning Aids. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Radiology Positioning Aids. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Radiology Positioning Aids are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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