Press release
Operating table market size was valued at US$ 864.3 million in 2017, and is expected to witness a CAGR of 4.3% over the forecast period (2018 – 2026).
"Operating Table Market, Drug Price, Sales and Clinical Trials Insight 2028" Report Highlights:Number Of Pages In This Research Report: 145 Pages
Operating Table Market Opportunity: US$ 4 Billion by 2028
Operating Table Market Growth: 100% Absolute Growth Till 2028
Operating Table Market Size Opportunity by Therapeutic Class
Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
Insight on FDA Approved in the Market
Price, Dosage, Patent and Sales Insight on Operating Table Market
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During surgical operations, operating tables offer a raised surface that supports the patient's body. They are designed to allow procedure-specific patient positioning and give ideal exposure of the surgical field to the surgeon by stabilizing the patient's posture and providing optimal exposure of the surgical field to the surgeon. Throughout the orthopedic operation, orthopedic tables include particular equipment for supporting and/or giving traction for the patient's limbs. A variety of processes might be carried out on different table designs or, in the case of hybrid-designed tables, on the same table. The growing number of surgical demands throughout the world is projected to propel the global operating table market forward.
As per a 2015 Global Surgery study, around 65 percent of cancer therapies needed surgery, and greater access to caesarean birth lowered infant mortality by up to 70%. Additionally, demand for operating tables is projected to rise as the number of procedures performed on patients with chronic diseases rises. As per the German Heart Surgery Report 2016, the GSTCVS (German Society for Thoracic and Cardiovascular Surgery) database recorded 103,128 heart surgery operations. In addition, the same report included 33,451 isolated heart valve operations, including 11,701 catheter-based procedures with a 4.3 percent in-hospital mortality rate. Almost 1.36 million caesarean operations were done in European nations in 2015, including over 220 thousand in Germany, around 200 thousand in the United Kingdom, and over 170 thousand in Italy. The growing popularity of minimally invasive procedures throughout the world is propelling the global operating table market forward. As per the American Society for Plastic Surgeons' 2017 Plastic Surgery Statistics Report, approximately 14,154,914 minimally invasive operations were performed in the U.S. in 2017, representing a 168 percent increase from 2000.
The global operating table market is projected to increase due to new product releases and strategic partnerships for product innovation by major players. In order to retain and grow market share, key companies are introducing novel goods on the market. These cutting-edge solutions are meeting a variety of clinical demands for both surgeons and patients, adding to the expansion of the global operating table market. Hill-Rom introduced the TruSystem 3000 Mobile Operating Table in January 2017, which is appropriate for a variety of surgical specialties and can be modified for specific medical procedures. This is due to the large number of patient-positioning products and parts accessible, such as head sections, leg sections, arm supports, and anesthetic frames, all of which are simple to attach and detach using an intuitive, easy-to-use coupling mechanism. Several firms are working together to develop a hybrid/integrated operating table that will meet a variety of operational demands. GE Healthcare and Getinge Group introduced a highly adaptable angiography system for interventional and hybrid operating room (OR) procedures in the U.S. in June 2016.
Browse 23 Market Data Tables and 19 Figures spread through 145 Pages and in-depth TOC on “Global Operating Table Market”- by End User (Surgical Centers, Hospitals, and Ambulatory), by Product Type (Specialty Operating Table and General Operating Table), by Technology (Powered Operating Table and Manuel Operating Table), and by Region (North America, Asia Pacific, Europe, Latin America, Middle East, and Africa)
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Key Takeaways
Due to the rising acceptance of numerous minimally invasive procedures and the growing number of surgical requirements globally, the global operating table market is anticipated to grow at a CAGR of 4.3 percent during the forecast period.
Over the forecast period, the specialist operating table is projected to retain a dominating position in the market. This is due to major companies launching new products in this category, as well as a growing tendency to combine specialized tables with other medical equipment including imaging equipment, cardiovascular surgery systems, and others. Manual tables are projected to retain a dominating position in the market due to their low cost.
Hospitals are traditionally favored healthcare facilities by patients for surgical intervention, therefore they are projected to have the greatest market share among end users. Furthermore, the segment's development is projected to be fueled by an increase in the number of hospitalizations for chronic illness management, which frequently necessitates surgical procedure. According to the Centers for Disease Control and Prevention's National Hospital Discharge Survey 2010, 51.4 million inpatient operations were done in the United States in 2010.
The global operating table market is projected to be dominated by North America, followed by Europe. The U.S. spends the most per capita on healthcare, and its well-developed healthcare infrastructure makes it an appealing region for the global operating table market.
Operating Table Market – Competitive Landscape
Key players functioning in the global prosthetic liners market consists of Hill-Rome Holdings, Inc., AGA Sanittsartikel GmbH, ALVO Medical sp. z o.o., Infimed, Inc., Stryker Corporation, Denyers International Pvt. Ltd., Eschmann Equipment, Getinge Group, AB, Merivaara Oy, Mizuho Corporation, Nuvo, Inc., Schaerer Medical AG ,Skytron, LLC, STERIS Corporation, medifa-hesse GmbH & Co. KG, and Stille AB
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