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Surgical Tables Market to Cross USD 2.25 billion by 2030 owing to increased number of surgical operations, advances in technology.

02-07-2024 01:09 PM CET | Health & Medicine

Press release from: SNS Insider Pvt Ltd

Surgical Tables Market

Surgical Tables Market

Based on SNS Insider's research, development and upgrading of healthcare facilities in different geographical areas is raising the demand for technologically advanced operating tables, which are equipped with power sources and composite material.

Market Size-

The SNS Insider report indicates that the Surgical Tables Market was valued at USD 1.33 billion in 2022, and is expected to reach market size of USD 2.25 billion by 2030, with a compound annual growth rate (CAGR) of 9.3% expected over the forecast period from 2023 to 2030.

Market Report Scope -

The market for surgical tables is being analysed with the help of an estimated 20 participants. Primary interviews with both the demand and supply side. In order to gather information on the market, the peer market and the parent market, exhaustive primary and secondary research is carried out.

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Key Players
-Hill-Rom Holdings, Inc.,
-Steris Plc., Stryker Corp.,
-Getinge AB,
-Shenzhen Mindray Bio-Medical Electronics Co., Ltd.,
-Mizuho Corporation (Mizuho OSI, Inc.),
-Skytron LLC,
-Alvo Medical,
-Allengers Medical Systems Ltd,
-and others.

Market Growth Factors -

Demand for surgical tables, which are an integral part of the operating room, is increasing due to the growing burden of chronic diseases worldwide. Demand for a lighter, flexible enabling position shifting of patient's tables during procedures increases rapidly, which leads to development and introduction of more advanced general and specialty surgical tables. In addition, it is expected that demand for advance tables with innovative features like more flexibility and patient centered movements will increase in response to growing demands for specialised surgery.

Segmentation Analysis -

By Product Type
-General Surgical Beds
-Specialty Surgical Beds
-Bariatric Surgical Beds
-Laparoscopic Surgical Beds
-Neurosurgical Surgical Beds
-Orthopedic Surgical Beds
-Radiolucent Surgical Beds
-Pediatric Surgical Beds

By Type
-Powered
-Non-powered

By Material
-Metal
-Carbon Composite

By End-use
-Hospitals
-Ambulatory Surgical Centers
-Specialty Clinics & Trauma Centers

The largest revenue share of 30.7% in 2022 was accounted for by the general surgical tables segment. This is due to an increase in the number of operations, especially cardiovascular, ENT, gynecologic and other general surgeries. There is also a significant demand for surgical tables due to an increase in the incidence of cardiovascular diseases. For instance, according to the Centers for Disease Control and Prevention (CDC), about 655,000 Americans die due to heart disease each year. In addition, as per the WHO, around 17.9 million people die each year due to heart disease across the globe.

The market can be divided into hospitals, ASCs and specialty clinics & trauma centres on the basis of end use. In 2022, the hospital segment accounted for a majority of revenue, accounting for 38.1%. In hospitals, investments in surgical equipment, including surgical tables, are gradually increasing, thus increasing the segment's growth.

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Key Regional Development -

The market was dominated by North America, with a revenue share of 35.4% in 2022. The number of operations carried out is strongly influenced by the demand for operating tables. Due to factors like ageing populations, the prevalence of chronic diseases and advances in surgery techniques, North America has a large number of interventions. The demand for surgical tables, both in hospitals and in ambulatory surgical centres, is increasing as the number of operations increases.

Asia Pacific is projected to grow at a faster compounded annual growth rate of 6.8% during the forecast period. The market growth is expected to be driven by increasing income, particularly in countries like China and India, as well as the presence of a significant patient base. The demand for surgical tables is increasing as a result of a significant increase in the number of operations performed due to an increase in the incidence of chronic diseases.

Key Takeaway from Surgical Tables Market Study-

Technological Advancements: Technological innovations aimed at improving patient outcomes, surgical efficiency and ease of use for healthcare professionals often benefit surgical tables. Look for advances in materials, design and integration technology.

Patient Safety and Comfort: The development of tables that enhance the safety of patients during surgical procedures, while also providing greater comfort, can be a focus of manufacturers. These objectives can be helped by features such as better position options, padding and durability.

Recent Development Related to Surgical Tables Market -

In November 2022, Stryker unveiled an operating room (OR) of the future inside its Flower Mound facility that offers customers a one-of-a-kind interactive experience to conceptualize new OR design and technology. The model is designed and integrated with a view to improving the protection of infections and cleanness while using intelligent technology and time saving components, taking into account patient safety as well as OR uptime.

In April 2022, Getinge has joined forces with the International Finance Corporation to improve access to healthcare throughout Africa.

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Table of Contents

1.Introduction

2.Research Methodology

3.Market Dynamics

4.Impact Analysis

4.1COVID-19 Impact Analysis

4.2.Impact of Ukraine- Russia war

4.3.Impact of Ongoing Recession on Major Economies

5.Value Chain Analysis

6.Porter's 5 Forces Model

7.PEST Analysis

8.Surgical Tables Market Segmentation, By Product Type

9.Surgical Tables Market Segmentation, By Type

10.Surgical Tables Market, By Material

11.Surgical Tables Market, by End User

12.Regional Analysis

13.Company Profile

14.Competitive Landscape

15.USE Cases and Best Practices

16.Conclusion

continued

Access Complete Report Details with Toc and Graphs@ https://www.snsinsider.com/reports/surgical-tables-market-3179

Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website: https://www.snsinsider.com

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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