by Operating tables are medical devices that support a patient’s body during surgical procedures. Operating tables are modified according to the specific needs of various procedures and come equipped with features like adjustable positions, easy access to patients, table movements, and other controls. Common types of operating tables include standard/general, speciality, and radiolucent operating tables. Standard operating tables are suitable for general surgical procedures and offer flexibility in positioning. Speciality operating tables are customized to meet the needs of specific surgical areas like orthopedics or bariatric. Radiolucent operating tables allow for intraoperative X-rays or fluoroscopy during procedures.
The global operating table market is estimated to be valued at US$ 1.5 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The global operating table market is expected to be flourished by growing demand for hybrid operating tables. Hybrid operating tables are radiolucent tables that are compatible for both conventional surgical procedures and minimally invasive surgeries. Hybrid operating tables allow seamless transition between open and minimally invasive procedures without moving the patient, thus saving operating room time and reducing infection risks. Another driver fueling the market growth is increasing number of surgical procedures owing to rising prevalence of lifestyle diseases and road accidents worldwide. According to the World Health Organization, road accidents account for nearly 1.35 million deaths globally each year. The growing disease burden and number of surgical procedures are augmenting the demand for technologically advanced operating tables across hospitals and ambulatory surgical centers.
Segment Analysis
The operating table market is dominated by the hospital segment which accounts for over 60% of the global market share. Hospitals are responsible for conducting complex surgeries like cardiovascular, neurological and orthopedic surgeries which require advanced operating tables offering features like adjustable heights, Trendelenburg positioning and radiolucent capabilities. The growing number of surgeries performed in hospitals is driving the demand for technologically advanced operating tables in this segment.
PEST Analysis
Political: healthcare reforms in many countries are focusing on improving access to quality healthcare facilities. This is increasing investments in healthcare infrastructure development which is positively impacting the operating table market.
Economic: rising disposable incomes in developing nations is enabling more people to afford elective surgeries. This coupled with growth in medical tourism is auguring well for the operating table market.
Social: growing geriatric population worldwide who are more prone to chronic diseases and injuries is driving the number of surgeries performed annually. This presents an expansion opportunity for the operating table market.
Technological: manufacturers are focusing on integrating operating tables with advanced robotics, IoT and AI capabilities. This allows features like automated adjustments, remote monitoring and enhanced safety.
Key Takeaways
Global Operating Table Market Size is expected to witness high growth supported by the increasing number of surgeries performed worldwide. The hospital segment dominates the market owing to complex surgeries conducted in these facilities requiring advanced operating tables.
Regional analysis: North America accounts for the largest share of the operating table market attributed to availability of advanced healthcare infrastructure and growing obesity rates driving surgical procedures in the region. The US and Canada are major markets.
Key players: Key players operating in the operating table market are Stryker Corporation, Steris, Getinge, Hill-Rom Holdings, Skytron, Mizuho OSI, Schaerer Medical, Philipp Medical Systems, Medifa-hesse, and Hausted. Stryker Corporation dominates the market with its wide portfolio of operating table models offering features like enhanced imaging capabilities, efficient motorizedcontrol systems and intutive ease of use.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
