Operating Tables Market is expected to reach US$ 1,043.41 Million by 2028


PRESS RELEASE BY The Insight Partners 30 Aug 2021

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Increasing Number of Hospitals and Clinics Contribute to Growth of Operating Tables Market

 

According to our latest market research study on “Operating Tables Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Technology, and End User, and Geography,” 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 market trends, drivers, and deterrents. The increasing number of hospitals and clinics and the surging number of surgical procedures are a few key factors driving the market growth. However, the high costs of technologically advanced operating tables are hindering market growth.   

 

Based on product type, the global operating tables 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 sub segmented into orthopedic surgery, neurosurgical, laparoscopic, and bariatric surgery. In 2020, the general surgery tables segment held the largest market share. However, the specialty surgery tables segment is expected to register the highest CAGR in the market during 2021–2028. A general surgical table is designed for versatility and adaptability across a wide array of operations. The table can be adjusted for height and length as well as can be tilted to either side. The rising burden of chronic diseases is one of the major factors propelling the demand for operating tables across the world.  

 

 Healthcare systems are overburdened owing to the COVID-19 outbreak pandemic, and the delivery of medical care to all patients has become a challenge worldwide. In addition, the medical device industry is witnessing a negative impact of the pandemic. As the COVID-19 pandemic continues to unfold, medical device companies are finding difficulties in managing their operations. Many companies offering operating tables have their business operations in the US. The outbreak has adversely affected their businesses owing to the restriction on the distribution of products and the temporary closure of companies’ facilities. However, gradually hospitals have started resuming elective procedures as the COVID-19 recovery rate is increasing. This factor is propelling the demand for medical equipment, such as operating tables, which is expected to bolster the market growth in the coming years. 

 

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.  

 

Operating Tables Market, by Region, 2020 (%)


Operating Tables Market Size & Growth | Report by 2028

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Operating Tables Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (General Surgery Tables, Specialty Surgery Tables, Radiolucent Operating Tables, Pediatric Operating Tables); Technology (Non-Powered, Powered); End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics); and Geography

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 sub segmented 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.    


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