Global Operating Table Market Analysis
Overview
The operating table is one of the most important pieces of operating room equipment for attaining better results. This is due to the critical function support and personalization it provides based on the type of surgery and the needs of the patient. Some of the desired qualities of an operating table are ease of use, adaptability, multi-functionality, and optimum access to the operating region.
The first is a manual/non-powered operating table, while the second is a motorized operating table that can be moved up and down to meet the demands of the surgery. Machinery gearboxes or hydraulic piston systems with manual or electronic controls lift and lower tables and their separate portions. Furthermore, several surgical table designs are available based on the type of operation required, such as an ophthalmology surgery table, a cardiac treatment table, and so on.
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The global operating table market was worth US$ 864.3 million in 2017, and it is anticipated to grow at a CAGR of 4.3 percent between 2018 and 2026.
Drivers
Growing surgical requirements throughout the world will be a significant driver of the global operating table market’s growth. Since this operating table is an essential component of every surgical operation, according to Coherent Market Insights’ research, there will be a commensurate growth in the global operating table market as surgical demands grow globally. As per a 2015 study by the Lancet Commission for Global Surgery, around 143 million surgical needs go unmet each year, and approximately 5 billion people lack access to safe and inexpensive surgical and anesthetic treatment. The global operating table market would increase as a result of such strong demand. According to the research, surgical treatment can address 28-32 percent of the worldwide burden of illness. According to World Bank data, around 4511 operations per 100,000 people were performed in 2012, with this number predicted to rise to 5000 treatments per 100,000 people by 2030.
In growing economies such as ASEAN, China, Brazil, South Africa, India, and other major countries, the high incidence of unmet surgical requirements is substantial. According to a research published in the World Journal of Surgery in 2014, rich nations account for 73.6 percent of global surgeries, while low-income countries account for only 3.5 percent. However, the fast construction of high-quality healthcare infrastructure in these areas is projected to boost healthcare spending, which will bode well for surgical equipment like operating tables.
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The global operating table market is expected to rise due to product development and an increase in the global elderly population.
The ongoing expansion of the global operating table market is fueled by logical corollary innovation, which is especially true in developed areas like North America and Europe, which already have one of the largest per capita healthcare expenditures and a robust healthcare infrastructure.
Several operating table manufacturers are focusing on releasing novel operating tables that take into account the demands of all healthcare stakeholders. Hill-Rom introduced the TruSystem 3000 mobile operating table in 2017, which is a cost-effective, dependable, and ergonomically designed operating table for a variety of surgical specialties. It may also be modified for various surgical procedures thanks to the availability of head parts, leg sections, arm supports, and anesthetic frames, all of which are simple to attach and remove using an intuitive, easy-to-use interface.
In addition, numerous firms are working together to develop operating tables that are tailored to specific surgical needs. The FDA (Food and Drug Administration) authorized IMRIS and Hill- Rom’s— Trumpf Medical as a new multi-functional operating room table, particularly developed for the IMRIS Surgical Theatre, in November 2017. To enable improved patient care, this cooperative effort connects an IMRIS MR Neuro tabletop and Hill-TruSystem Rom’s 7500 Surgical Table platform with the IMRIS Surgical Theatre.
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Furthermore, according to Coherent Market Insights’ study, a surge in the global elderly population is projected to drive development in the global operating table market. The elderly population suffers from a variety of diseases that necessitate surgical intervention (kidney transplant, ocular operations, pain management, knee replacement, and arthroscopy), contributing to a high number of surgeries in this group. According to the 2017 World Population Prospects Report, the global population is progressing into older age groups. In 2017, an approximated 962 million individuals aged 60 and up lived on the planet, accounting for 13% of the global population. Furthermore, by 2025, the population is anticipated to exceed 1.3 billion, representing an annual increase of about 3%.
Competitive Landscape
Major companies contributing in the global operating table market are Denyers International Pvt. Ltd., Getinge Group, AB, Stryker Corporation, Schaerer Medical AG, ALVO Medical, Nuvo, Inc., AGA Sanittsartikel GmbH, Hill-Rome Holdings, Inc., Stille AB, medifa-hesse GmbH & Co. KG, STERIS Corporation, Infimed, Inc., Skytron LLC, Mizuho Corporation, Merivaara Oy, and Eschmann Equipment.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Technology
- Market Devices, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- New Product Launches
- Technology Evolution
- Mergers and Acquisitions
- Product Mapping Of Key Companies Product
- Testimonials Of Industry Expert
- Regulatory Scenario
- PEST Analysis
- Porters Five Forces model
- Market Dynamics
- Global Operating Table Market, By Product Type, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2025 (%)
- Y-o-Y Growth Analysis, 2018 – 2026
- Segment Trends
- General Operating Table
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Specialty Operating Table
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Introduction
- Global Operating Table Market, By Technology, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2026 (%)
- Y-o-Y Growth Analysis, 2018 – 2026
- Segment Trends
- Manuel Operating Table
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Powered Operating Table
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Introduction
- Global Operating Table Market, By End User, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2017 and 2026 (%)
- Y-o-Y Growth Analysis, 2018 – 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
- Introduction
- Global Operating Table Market, By Region, 2018 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2017 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2018 – 2026
- North America
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of APAC
- Middle East
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Technology, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2018-2026, (US$ Million)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
About Us:
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