Operating Table Parts Market sector to Watch Solid Improvement by 2023

Market Research Future published a half-cooked research report on the Global Operating Table Parts Market

An operating table or surgical table stabilizes patient’s position by providing an elevated supporting surface for the patient’s body during various surgical procedures. This gives optimal exposure for the surgical field. Various types of operation tables along with a variety of accessories are available in the market, enabling the healthcare service providers to achieve desired level customization for high accuracy and proficiency. Increasing number of surgeries including bariatric surgeries, orthopedic surgeries, urology surgeries, and others is the major deriver for market growth during the forecast period. According to the American Society for Metabolic and Bariatric Surgery the number of the bariatric surgeries have increased from 193,000 in 2014 to 216,000 in 2016. Moreover, growing obese & geriatric population and favorable reimbursement policies boost the market growth. As per the World Health Organization by 2050, about 80% of the world’s geriatric population is estimated to be living in low and middle-income countries. Additionally, according to American Hospital Association in 2015, Medicare reimbursed 88 % and Medicaid reimbursed 90 % for every dollar hospitals spent caring for the patients. However, factors such as high therapeutic surgery cost and related side effects, and the high cost of operating tables are estimated to restrain the market growth during the forecast period. It is estimated that the basic and standard orthopedic tables cost ranges from USD 70,000 to USD 80,000.

Global Operating Table Parts Market is expected to grow at a CAGR of 3.80% during forecast period.

Segmentation

The Global Operating Table Parts Market is segmented on the basis of product type, procedure, accessory, and end user.

On the basis of the product type, the market is segmented into general surgical tables, specialty surgery table. The specialty surgery table segment is sub-segmented into orthopedic surgery table, neurological operating table, urology and cysto tables, and others. On the basis of the procedure, the market is categorized into anesthesia, orthopedic, neurology, urology, ophthalmic/ENT, and others. On the basis of the accessory, the market is segmented into standard accessory and patient supports. The standard accessory segment is sub-segmented into clamps & sockets, restraint straps, anesthesia aids, accessory cart, general, and others. The patient supports segment is sub-segmented into body supports, leg supports, tabletop extensions, and others. On the basis of the end user, the market is segmented into hospitals, clinics, ambulatory surgical center, and others.

Key Players

The Global Operating Table Parts Market key players are Hill-Rom Holdings, Inc., AGA SANITÄTSARTIKEL GMBH, Alvo, Denyers International Pty, Merivaara, Mizuho OSI, Lojer Group, Siemens AG, STERIS plc., SKYTRON, Stryker, Getinge AB, Mindray, Berchtold GmbH & Co. KG, Eschmann Holdings Ltd, Akrus, Oricare, Medifa-hesse, OPT SurgiSystems, NUOVA BN, and others.

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Regional Analysis

The Americas leads the global operating table parts market. Favorable reimbursement policies and a well-developed healthcare sector drives the market growth within the region. Moreover, changing lifestyle and increasing healthcare expenditure boosts the market. Europe stands second in the global operating table parts market due to increasing number of surgeries and government support for research & development within the region. Regionally, Europe is divided into Western Europe and Eastern Europe. Western Europe leads the market in the developed economies like Italy, U.K, France, and others. Asia Pacific is estimated to be the fastest growing region for the market. This can be attributed due to the increasing number of therapeutic surgeries, growing geriatric & obese population, and presence of developing economies like India, China, and Australia within the region. The Middle East & Africa has the least share in the global operating table parts market due to the presence of poor economies, lack of healthcare services and stringent government policies, especially within the Africa region.

TABLE OF CONTENTS

1 Report Prologue

2 Market Introduction

2.1 Introduction 15

2.2 Assumptions & Limitations 15

2.2.1 Assumptions 15

2.2.2 Limitations 15

3 Research Methodology

3.1 Research Process 18

3.2 Primary Research 19

3.3 Secondary Research 19

3.4 Market Size Estimation 19

4 Market Dynamics

4.1 Introduction 22

4.2 Drivers 23

4.2.1 Increasing Number Of Surgeries Including Bariatric, Orthopaedic, And Others 23

4.2.2 Growing Obese And Geriatric Population 24

4.2.3 Favourable Reimbursement Policies 25

4.3 Restraints 26

4.3.1 High Therapeutic Surgery Cost And Related Side Effects 26

4.3.2 The High Cost Of Operating Tables 27

4.4 Opportunity 28

4.4.1 Rising Healthcare Expenditure In The Asia Pacific Region 28

4.5 Megatrend 29

4.6 Macroeconomic Indicators 29

4.7 Technology Trends & Assessment 29

5 Market Factor Analysis

5.1 Value Chain Analysis 31

5.1.1 R&D And Designing 31

5.1.2 Manufacturing 32

5.1.3 Distribution & Sales 32

5.1.4 Post-Sales Review 32

5.2 Porter’s Five Forces Model 33

5.2.1 Bargaining Power Of Suppliers 34

5.2.2 Bargaining Power Of Buyers 34

5.2.3 Threat Of New Entrants 34

5.2.4 Threat Of Substitutes 34

5.2.5 Intensity Of Rivalry 34

5.3 Investment Opportunities 35

5.4 Pricing Analysis 35

5.5 Demand & Supply: Gap Analysis 35

…Continued

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