Operating tables and lights are indispensable medical equipment used in operating rooms for surgeries and medical procedures. Operating tables are adjustable medical tables used to position patients during medical procedures, while operating lights or surgical lights provide high-intensity focused illumination of the surgical site. Advancements in materials and technologies have enabled the development of motorized tables with multifunctional controls and LED lighting systems with superior illumination quality. The convenience and efficiencies offered by modern operating tables and lights have boosted their adoption across healthcare facilities.
The Global Operating Tables and Lights Market is estimated to be valued at US$ 1718.67 Mn in 2024 and is expected to exhibit a CAGR of 4.6% over the forecast period from 2024 to 2031.
Key Takeaways
Key players operating in the Operating Tables and Lights Market Size include Mueller Sports Medicine, Inc., DJO Global, LLC, ACE Brand, Tynor Orthotics Private Limited, 3M Science, Mava Sports, Bauerfeind AG, Breg, Inc., Ossur, Thuasne USA, Zimmer Biomet, Kao Chen Enterprise Co., Ltd, Össur, Orthosys, Bauerfeind USA Inc., Orliman S.L.U., Steeper Inc., Beagle Orthopedic, Essity Medical Solutions, Bird & Cronin, LLC, Ottobock, Trulife, DeRoyal Industries, Inc., and Remington Medical Equipment. The rising volume of surgeries globally is fueling the demand for operating tables and lights. Additionally, growing healthcare expenditures and increasing investments by hospitals towards modernizing operating rooms are boosting the market's growth.
The operating tables and lights market is witnessing considerable expansion in developing regions due to improving access to healthcare services and rising medical tourism. Asia Pacific is emerging as a lucrative market for key players given the increasing healthcare infrastructure development in countries such as China and India.
Market drivers:
The growing demand for advanced medical equipment from healthcare facilities coupled with the increasing need to perform complex surgeries is a key driver for the operating tables and lights market. The motorized and customizable features of modern operating tables allow efficient patient positioning and greater safety. Additionally, LED lighting technologies offer energy-efficiency, durability and optimized illumination over traditional lighting options, fueling their rising adoption.
The Operating Tables and Lights market is facing considerable challenges due to the ongoing geopolitical conflicts and tensions across various regions. The Russia-Ukraine war has severely disrupted global supply chains for medical equipment including operating tables and lights. Both Russia and Ukraine were major suppliers of raw materials used in manufacturing these products. With the conflict restricting trade between the warring nations, raw material procurement has become difficult leading to higher costs and production delays. This is negatively impacting the growth prospects of market players in Europe and North America.
Additionally, rising tensions between China and Taiwan are also contributing to supply chain uncertainties. Taiwan is a major exporter of semiconductors that act as crucial components in operating tables and lights. Any military conflict involving China and Taiwan carries the risk of further disruptions to semiconductor supply, further inflating costs for manufacturers. Geopolitical tensions in the Middle East too pose challenges, with political instability and security issues deterring new facility investments and market expansion efforts by companies in Western Asia and Africa.
To tackle these headwinds, companies must diversify their sourcing networks and establish backup suppliers in different geographic regions to mitigate single-source dependencies. Stockpiling critical materials and components can provide short-term security against future supply disruptions from escalating geopolitical risks. Forming strategic alliances with local players in various markets can also help companies deal with regional protectionism and trade barriers arising from rising nationalism worldwide. Adopting a flexible production approach will be key to companies adjusting according to the fast-evolving geopolitical landscape.
Get more insights on Operating Tables And Lights Market
Transparency Market Research (TMR) has published a new report titled, “Surgical Tables and Lights Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
According to the report, the global surgical tables and lights market was valued at more than US$ 1,300.0 Mn in 2017 and is projected to expand at a CAGR of more than 3.0% from 2018 to 2026.
Developing health care infrastructure in emerging countries and introduction of technologically advanced surgical tables and lights by market players are likely to boost demand for surgical tables and lights during the forecast period.
LED surgical lights based on various illumination techniques are estimated to cost from US$ 8,000 to US$ 25,000 in the U.S.Gynecology Examination Tables to Lose Market ShareThe report offers detailed segmentation of the global surgical tables and lights market based on product type and application.
Demand for surgical tables and lights in operating rooms is propelled by increase in number of ambulatory surgery centers in the U.S. and other developed countries, and emergence of new hospital projects in Asia Pacific and Middle East & Africa.
The gynecology examination tables segment is anticipated to lose market share during the forecast period and account for less than 18.0% by 2026.Request COVID Analysis on Surgical Tables and Lights Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=46236Public Hospitals to be Leading SegmentIn terms of application, the public hospitals segment is projected to account for a dominant share of the global surgical tables and lights market during the forecast period.
