The operating table market comprises surgical tables that are used in hospitals for surgeries. Operating tables provide a stable and sturdy platform for surgical procedures and come equipped with features such as adjustable table tops, side rails, built-in lightings among others. Modern operating tables feature advanced technologies such as integrated x-ray capabilities, built-in surgical equipment and improved patient positioning and mobilization aids. This enables enhanced workflow efficiency in operating rooms and improved surgical outcomes. With growing complexity of surgeries, there is an increased demand for operating tables that provide surgeons with flexibility, control and precision during procedures.
The Global Operating Table Market is estimated to be valued at US$ 1.73 Mn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Operating Table are Avery Dennison, 3M, Henkel, UPM Raflatac, CCL Industries, WS Packaging Group, Constantia Flexibles, R.R. Donnelley & Sons, Mondi, Amcor, Seiko Holdings, Reflex Labels, Coveris Holdings, Lintec Corporation, Stickythings, Torraspapel Adestor, Polylabel, Multi-Color Corporation, Secura Labels, Etisoftware. With the increasing number of surgeries being performed globally, there is a rising demand for technologically advanced operating tables that improve operational efficiency. Leading manufacturers are investing heavily in research and development to introduce innovative table designs integrated with advanced imaging and navigation assistance.
The growing geriatric population susceptible to chronic diseases and injuries has significantly driven the number of surgical procedures performed worldwide. This in turn is propelling the demand for operating tables across hospitals and ambulatory surgical centers. Additionally, increasing healthcare expenditure in developing nations is also providing a fillip to market growth.
Market drivers
One of the key drivers for The Operating Table Market is the rising adoption of minimally invasive surgical procedures. Minimally invasive techniques such as laparoscopy require the operating table to offer enhanced patient positioning and mobility aids to facilitate surgical access and visualization. This is driving manufactures to integrate advanced features such as flexible table tops, multi-dimensional movements into new product launches. Furthermore, growing healthcare infrastructure expansion in developing markets along with increasing public and private investments is also expected to boost the demand for operating tables over the forecast period.
Impact of Geopolitical Situation on Operating Table Market Growth and Regions
The current geopolitical instability and supply chain disruptions are impacting the growth of the operating table market. The Russo-Ukrainian war has increased the prices of raw materials like steel and electronics. This is negatively impacting manufacturers' profit margins. Additionally, strict export restrictions and sanctions on Russia are disrupting supply chains and increasing lead times. This challenge is more prominent in the European region which has strong trade relations with both countries.
The COVID-19 pandemic also changed priorities in the healthcare industry globally. Many elective surgeries were postponed to prioritize resources for COVID-19 treatment. This reduced demand for operating tables in 2020-21. However, as the pandemic situation eases, demand is recovering fast, especially in developing regions of Asia Pacific and Latin America aiming to expand healthcare infrastructure.
To ensure smooth supply, companies are diversifying their supplier base and optimizing inventory management. They are also focusing on developing low-cost offerings for cost-sensitive markets and upgrading technologies to boost performance and enable advanced surgeries. Adopting sustainable manufacturing practices can further aid their business resilience amid geopolitical uncertainty. The recovery in elective surgeries and investments in healthcare capacity expansion will support market growth over the forecast period despite short-term disruptions.
North America is currently the most lucrative market for operating tables in terms of value, accounting for over 35% revenue share. This is attributed to the high penetration of advanced medical infrastructure, rising prevalence of chronic diseases, and continuous technology upgrades in countries like the US and Canada.
Asia Pacific is poised to be the fastest growing region at a CAGR of around 9% through 2030 driven by India, China, and other Southeast Asian countries. Favorable government policies supporting healthcare modernization, growing medical tourism, and increasing disposable incomes are aiding the regional market growth. This trend is expected to continue even as countries focus on building self-reliance in domestic supplies post-COVID-19.
Emergency clinics are expanding the speculations to improve administrations and the nature of clinical hardware.
In the course of recent years, the emergency clinic area has shown gigantic development.
Corporate emergency clinic binds are contributing intensely to redesign their gadgets just as to build the number of beds, and operating tables are no special case.
As of late, developing endeavors to guarantee better treatment and solace for patients have been supplementing the development of the operating tables market.
For example, Mayo Clinics put US$ 92.7 Mn in offices and gear across its clinics in 2017 to guarantee a-list offices for patients.
The worldwide medical services industry is blasting dramatically, with expanding the number of medical clinics, facilities, walking careful focuses, and different foundations, consequently conceivably raising the interest for operating tables.
The new report by Expert Market Research titled, ‘Global Operating Table Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global operating table market, assessing the market based on its segments like product type, technology, end-use and major regions.
The sample report shall be delivered to you within 24 hours.Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/operating-table-market/requestsampleThe key highlights of the report include:Market Overview (2016-2026)Forecast CAGR (2021-2026): 2.9%Forecast Market Size (2026): USD 980 millionIn the historical period (2016-2020), improving R in the medical field has pushed for better operating tables with greater accessories and adjustments.
Rather than having a fixed table, medical institutions find it easier to use tables with finer adjustments on their operating tables, which in turn helps surgeons to work with a higher success rate, due to better work efficiency.
Furthermore, with new technologies like imaging, robotic integration and rust-free materials, more patients would prefer such environments with high-tech apparatus.Industry Definition and Major SegmentsA surgical operating table is a platform on which a doctor can perform a surgical procedure on a patient.
North America has a significant share in the operating tables industry, while it is also expected that Asia Pacific will witness a considerable rise in the share of the overall operating table market in the forecast period.Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/operating-table-marketOperating tables can be differentiated on the basis of product type into:General tablesImaging tablesNeurology tablesUrology and Cysto TablesOthersThe market can be differentiated by technology into:PoweredNon-PoweredOthersThe industry may be segmented depending on the end-use as follows:HospitalsClinicsAmbulatory Operating CentreTrauma CentreOthersLastly, the operating table market can be distributed according to regions as: North America, Europe, Asia Pacific, Latin America, Middle East and Africa.Latest News on Global Operating Table Market@ https://www.expertmarketresearch.com/pressrelease/global-operating-table-marketMarket TrendsIn the face of the current Covid-19 pandemic, many countries have begun to invest heavily into the healthcare sector, which is expected to cause a higher demand for operating tables.
Therefore, overall demand for operating tables will be high over the forecast period and possibly, even later.Key Market PlayersThe major players in the market are Hill-Rom Services, Inc., Skytron, LLC, Steris plc, Aga Sanitätsartikel GmbH, Denyers International Pty, and Getinge AB, and Medifa GmbH & Co. KG, among others.
