Report ID: SQMIG35A2673
Report ID:
SQMIG35A2673 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
115 |
Figures:
77
Surgical Tables Market size was valued at USD 1.41 billion in 2022 and is poised to grow from USD 1.50 billion in 2023 to USD 2.49 billion by end of 2031, at a CAGR of 6.50% during the forecast period (2024-2031).
The rise in cases of trauma and injury across the world is predicted to lead to more procedures being done. The main element anticipated for improving market expansion is the increasing popularity of contemporary operating tables in different hospitals and healthcare organizations for better surgical experience for patients as well as surgeons. One of the key factors affecting the market growth is the increase of non-profit organizations, combined with the growth of hospitals & ambulatory care facilities. Additionally, operating rooms are being used for more surgery than ever before. The demand for surgery tables in hospitals is predicted to increase as more intricate operations conducted in the operating theatre necessitate the requirement for surgical tables to accommodate a variety of operations/positions. During the forecast period, increased competition in the surgical tools market is anticipated to increase demand for surgical tables with cutting-edge technology. During the foreseeable period, there is likely to be a significant demand for products due to the growing geriatric population base worldwide.
The need for operating rooms for medical treatment is predicted to rise as the elderly population grows, leading to a development of the fuel market. The rise in hospital admissions of older patients, particularly those with advanced chronic illnesses requiring surgery, is one of the major factors fueling the market's expansion. During the projected period, demand for surgical tables is expected to increase due to the increased number of orthopedic and bariatric surgeries performed around the world. For instance, primary knee surgeries (54.4%) and primary hip procedures (32.7%) were the most often carried out, according to the American Academy of Orthopedic Surgeons. Therefore, market participants are expected to profit from the rising incidence of the targeted disorders.
US Surgical Tables Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2673