Global Surgical Tables Market

Surgical Tables Market Size, Share, Growth Analysis, By Product(General Surgical Beds, Specialty Surgical Beds, Radiolucent Surgical Beds, Pediatric Surgical Beds), By Type(Powered, Non-powered), By Material(Metal, Carbon Composite), By End-use(Hospitals, Ambulatory Surgical Centers), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2673 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 115 | Figures: 77

Surgical Tables Market Insights

Surgical Tables Market size was valued at USD 1.22 billion in 2021 and is poised to grow from USD 1.41 billion in 2022 to USD 2.34 billion by end of 2030, at a CAGR of 6.5 % during the forecast period (2023-2030).

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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FAQs

Surgical Tables Market size was valued at USD 1.22 billion in 2021 and is poised to grow from USD 1.41 billion in 2022 to USD 2.34 billion by end of 2030, at a CAGR of 6.5 % during the forecast period (2023-2030).

To increase their reach, major market players are concentrating on product launches, mergers and acquisitions, partnerships and collaborations, and joint ventures. For instance, the PST 500 precision surgical table was introduced by Hill-Rom Holdings, Inc. This multipurpose operating table is designed to handle procedures like general surgery, orthopedic surgery, and neurosurgery. 'Hillrom Holdings, Inc.', 'STERIS Corporation', 'Getinge AB', 'Skytron LLC', 'Stryker Corporation', 'Mizuho OSI', 'Merivaara Corp.', 'Allen Medical Systems (part of Hillrom)', 'TRUMPF Medizin Systeme GmbH + Co. KG', 'AGA Sanitätsartikel GmbH', 'NUVO Surgical', 'Schaerer Medical AG', 'Medifa-Hesse GmbH & Co. KG', 'Span America Medical Systems, Inc.', 'OPT SurgiSystems Srl', 'Alvo Medical', 'UFSK-OSYS', 'Denyers International Pty Ltd', 'Mediland Enterprise Corporation', 'Medifa Healthcare Group'

The growing number of surgical procedures globally is a major driver for the surgical tables market. Factors such as an aging population, the prevalence of chronic diseases, and advancements in medical treatments and surgeries contribute to the rising demand for surgical tables.

Integration of advanced imaging technologies: Surgical tables are increasingly being integrated with advanced imaging technologies, such as C-arm compatibility and intraoperative imaging systems. This integration allows for real-time imaging during surgical procedures, facilitating better accuracy, precision, and patient outcomes.

North America dominated the market. This might be a result of the rise in chronic conditions that impact the neurological system, heart, and eyes. Additionally, it is anticipated that technological developments and a rise in the number of surgeries would fuel the regional market's progress. Additionally, the existence of renowned hospitals, trauma centers, and important companies operating in the US are promoting market expansion.

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Global Surgical Tables Market

Report ID: SQMIG35A2673

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