Surgical Tables Market is Forecasted to Reach US$ 1428 Million in 2030, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global surgical tables market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/3872/surgical-tables-market.html#form

Market Statistics:

Market Size in 2023: US$ 1060 million

Market Size in 2030: US$ 1428 million

Growth (CAGR): 4.2% during 2024-2030

Leading Surgery Type: General Surgery Tables

Leading Material Type: Composites

Leading Technology Type: Manual

Leading End-User Type: Hospitals

Leading Region: North America

Forecast Period: 2024-2030

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 5

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights on the Surgical Tables Market:

The global surgical tables market is segmented based on surgery type, technology type, end-user type, and region.

Based on surgery type – General surgery is expected to remain dominant, whereas specialty surgery is estimated to be the fastest-growing surgery type in the market during the forecast period. General surgical tables are highly versatile, they are designed to accommodate a wide range of surgical procedures. They are suitable for most surgical specialties, from orthopedics to neurosurgery, and can be adjusted to various positions. Versatility appeals to hospitals and surgical centers looking for multipurpose equipment that can handle different types of surgeries. Moreover, general surgical tables are a relatively economical choice for healthcare facilities, especially those with budget constraints. Increasing adoption of advanced technologies, such as programmable controls, is likely to fuel the demand for specialty surgery tables. Rapid technological advancements like these are prompting hospitals to opt for procedure-specific specialty surgery tables.

Based on technology type – Powered surgical table is expected to be the fastest-growing technology during the forecast period. As compared to manual surgical tables, powered surgical tables offer greater ease of use. Powered tables allow surgeons to make precise adjustments with minimal effort, improving workflow efficiency and reducing physical strain on the surgical team with characteristics such as powered controls for adjusting height, tilt, and other positioning features. Powered tables minimize the risk of complications, such as pressure sores and nerve damage, as they can be positioned to reduce pressure on vulnerable areas of the body, ensuring patient safety and comfort.

Based on end-user type – Hospitals are expected to generate a significantly higher demand for surgical tables by 2030. A wide range of surgical procedures, from routine to complex surgeries across various specialties, are performed in hospitals. The sheer volume of surgeries conducted in hospitals generates a consistent demand for surgical tables. As compared to ambulatory surgical centers and other healthcare facilities, hospitals typically have larger infrastructure and resources. They are better equipped to handle a wide range of surgical procedures and invest in a comprehensive array of surgical equipment, including surgical tables.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/3872/surgical-tables-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that North America is expected to remain the largest market for surgical tables during the forecast period. This growth outlook is majorly attributed to the following–

-         A steady increase in the number of surgical procedures performed each year due to factors such as an aging population, increasing prevalence of chronic diseases, and advancements in medical technology.

-         Strong presence of leading players, distributors, and other stakeholders in the North American region ensures a robust supply chain and easy access to a wide range of products, contributing to steady growth. Globally, a staggering 313 million major surgeries are performed each year; >50 million in the USA and ~20 million in Europe.

-         In terms of countries, the USA is expected to remain the largest market throughout the study period.

Likewise, China and India to remain the thrust-bearers of the market during 2024-2030. The presence of a large patient pool in Asia-Pacific is anticipated to foster the region’s growth. There has been a considerable increase in the number of surgeries being performed in the region, owing to a rise in the prevalence of chronic diseases. In addition, increasing healthcare expenditure in China and Japan is expected to drive the demand in the foreseeable future.

Surgical Tables Market Drivers:

Some of the key drivers listed in the report are given below.

·      The increasing aging population worldwide and the rising number of hospital admissions by geriatric patients, specifically those suffering from end-stage chronic diseases that involve surgical treatment: According to UNFPA data, the global share of people aged 65 and over has nearly doubled from 5.5% in 1974 to 10.3% in 2024. This figure is projected to reach 20.7% by 2074, with the number of those aged 80 and over more than tripling.

·      Increasing number of surgeries: A new study presented at the 2023 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS) found that, based on projection models, orthopedic surgeons will need to either double their total joint arthroplasty (TJA) caseload or increase the number of surgeons by 10% every five years to meet demand.

·      Increasing healthcare spending: According to WHO, global spending on health continued to increase in 2021, the second year of the pandemic, to US$ 9.8 trillion (10.3% of global GDP).

·      Need for replacement of old and outdated surgery tables: Surgery tables or operating theater tables can typically last for 10 to 15 years. For traditional tables, spare parts may even become obsolete in a few years, thus making it nearly impossible to repair them. The dire need to replace outdated and traditional surgical tables with newer, advanced, and more efficient surgical tables is also likely to augment the long-term demand.

Top 8 Companies in the Surgical Tables Market:

Stratview Research has identified the following companies as the top market players (arranged alphabetically).

• Getinge Group
• Baxter International Inc. (HillRom)
• Mizuho Medical Co. Ltd.
• Skytron LLC
• Steris Corporation
• Stille AB
• Stryker Corporation
• Dräger

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

·      Composite Surgical Tables Market

You may also like:

-      In-Flight Entertainment Market

-      Glass Mat Market

-      Fiberglass Insulation Market

About us –

Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

Are you looking for any specific data customized to your objectives? We are just a mail away.