Operating Tables Market Analysis & Key Business Strategies by Leading Industry Players Forecasts 2021-2028
The operating tables market is projected to reach US$ 1,043.41 million by 2028 from US$ 835.46 million in 2021; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028. Operating tables are typically used within an operating room or surgical suite of a hospital, ambulatory surgery center, or other healthcare facilities, where surgeries are performed. Stationary or mobile operating tables are available in the market.
Swapnaja P
According to our new market research study on “Operating
Tables Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by
Product and Distribution Channel,” the market is expected to reach US$ 1,043.41
million by 2028 from US$ 835.46 million in 2021; it is estimated to grow at a
CAGR of 3.2% from 2021 to 2028. The report highlights the trends prevailing in
the market along with the market drivers and deterrents. Factors such as the
increasing number of hospitals and clinics and the surging number of surgical
procedures drive the growth of the market. However, the high costs of
technologically advanced operating tables hinder market growth.
Skytron, LLC, Getinge
AB - Notable Market Players in Operating Tables Market
Operating table is a table on which a patient lies during a
surgical procedure. They are typically used within an operating room or
surgical suite of a hospital, ambulatory surgery center, or other healthcare
facilities where surgeries are performed. Operating tables may be either
stationary or mobile to move room to room.
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According to the Department of Industrial Policy and
Promotion (DIPP), the hospital and diagnostic centers in India have attracted
Foreign Direct Investments (FDIs) worth US$ 6 billion in the last couple of
decades. According to the Ministry of Health and Family Welfare, the Government
of India, India and Cuba signed a Memorandum of Understanding (MoU) to increase
cooperation in the areas of health and medicine. Furthermore, a de-merger
between Fortis Healthcare and Manipal Hospitals Enterprises has been carried
out to raise US$ 602.41 million, which can be further invested to expand
hospital infrastructure in Manipal Hospital Enterprise. The operating tables
industry in India is booming owing to a few factors such as rising government
and private sector investments, increasing geriatric population, and surging
hospital count.
Hospitals are known to amplify the effectiveness and quality
of healthcare. Moreover, the World Health Organization (WHO) states that
hospitals are an essential part of health system development. This has drawn
the attention of Health Ministries in multiple countries to focus on improving
the healthcare infrastructure and establish a hospital and clinical facilities
in rural and urban areas. For instance, in November 2017, Japan’s Health
Ministry made free access to healthcare centers available in the country
through the establishment of new hospitals. Thus, the rising number of
hospitals and clinics across the world boosts the growth of the operating
tables market.
The global operating tables market is segmented on the basis
of product type, technology, end user, and geography. Based on product type,
the market is segmented into general surgery tables, specialty surgery tables,
radiolucent operating tables, and pediatric operating tables. The market for
the specialty surgery tables segment is subsegmented into orthopedic surgery,
neurosurgical, laparoscopic, and bariatric surgery. Based on technology, the
market is bifurcated into non-powered and powered. In terms of end user, the
operating tables market is segmented into hospitals, ambulatory surgical
centers, and specialty clinics. Based on geography, the market is broadly
segmented into North America, Europe, Asia Pacific, the Middle East &
Africa, and South and Central America.
A few key players operating in the operating tables market
are Skytron, LLC.; Steris, PLC.; AGA Sanitätsartikel GmbH; Alvo; Denyers
International; Getinge AB; Mizuho Medical; Merivaara; Stryker Corporation; and
Hill Rom Holding Inc. Companies are adopting organic and inorganic growth strategies
to sustain their position in the market. In December 2020, Skytron launched the
GS70 Salus surgical table, the first of the guardian series surgical table. The
table offers unique and advanced features, technology and keeps the user
informed. It facilitates research and continuous improvement by utilizing the
captured performance data.
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