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Operating Tables Market will Grow at an Impressive 3.9% CAGR by 2025
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Global Operating Tables Market: Dynamics
Growth drivers
Growing private and public sector investment in healthcare facilities
Increasing number of surgeries across the globe
Revenue inhibitors
Low regulations pertaining to operating tables
High fragmentation in the global market
Market opportunities
Shift from manual to technologically advanced equipment
Rapid consolidation in the industry
Future trends
Adoption of hydraulic and electro-hydraulic operating tables
Rising demand for multi-functional operating tables
The global operating tables market is segmented on the basis of Product Type into General Surgical Tables, Radiolucent Operating Tables, Specialty Surgery Tables (Orthopedic Surgery Tables, Laparoscopic Operating Tables, Neurosurgical Operation Tables, Bariatric Surgery Tables), and Pediatric Operating Tables. General Surgical Tables is the largest segment, estimated to represent US$ 499.7 Mn, or 58.8% share of the global market in 2017 and is projected to reach US$ 654.5 Mn, or 56.6% share of the global market by 2025 end, expanding at a CAGR of 3.4% over the forecast period. This is the dominant product type as well as the most attractive market, registering an attractiveness index of 2.1 during the forecast period.
The global operating tables market is segmented on the basis of Technology into Powered Operating Tables, Non-powered/Manual Operating Tables, and Hybrid Operating Tables. Non-powered/Manual Operating Tables is the largest segment, estimated to represent US$ 423.4 Mn, or 49.8% share of the global market in 2017, growing at a CAGR of 3.7% over the forecast period.
The global operating tables market is segmented on the basis of End User into Hospitals, Clinics, and Ambulatory Surgical Centers. Hospitals is the largest segment with a market valuation projected to reach US$ 729.0 Mn by the end of 2025. However, Clinics is the fastest growing segment, registering the highest segmental CAGR of 4.7% in terms of value during the period of assessment.
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Persistence Market Research tracks the performance of the global operating tables market across the key geographies of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. There is close competition among North America and Asia Pacific in terms of market value, with North America projected to reach a market valuation of US$ 363.6 Mn and Asia Pacific anticipated to be valued at US$ 370.0 Mn by the end of 2025. However, Asia Pacific is the fastest regional market, witnessing a growth rate of 4.8% during the period of study. Asia Pacific is projected to be the most attractive regional market with an attractiveness index of 1.9 during the forecast period.
The report features some of the top companies in the global operating tables market including the likes of STERIS plc, Skytron LLC, Siemens Medical Solutions USA, Inc., Stryker Corporation, Alvo Medical, Mizuho OSI, Getinge-Maquet, Germany Holding GmbH, Schaerer Medical USA, Inc., OPT Surgisystems S.R.L, NUVO, Inc., Hill-Rom Holdings Inc., Medifa GmbH & Co. KG, Allengers Medical Systems Limited, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., BRUMABA GmbH & Co KG, AGA Sanitaetsartikel GmbH, Lojer Group, Famed ?ywiec Sp. z o. o., Merivaara Corp., AMTAI Medical Equipment, Inc.
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