Abhijit posted10 months agoOperating Table Market to Surpass US$ 4 Billion by 2026
The Global Operating Table Market, by Product Type (General Operating Table and Specialty Operating Table), by Technology (Manuel/non-powered Operating Table and Powered Operating Table), by End User (Hospitals, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 864.3 million in 2017, and is projected to exhibit a CAGR of 4.3% over the forecast period (2018 – 2026), as highlighted in a new report published by Coherent Market Insights.
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Operating tables provide an elevated surface that supports the patient’s body during surgical procedures. They stabilizes the patient’s position and provides optimal exposure of the surgical field to surgeon and are designed to allow procedure-specific patient positioning. For instance, orthopedic tables include specific apparatus for supporting and/or providing traction for the patient’s limbs during orthopedic procedures. Variety of such procedures could be performed using different designs of tables or on same tables, in case of hybrid-designed tables.
Increase in number of surgical needs worldwide is expected to be prominent factor to drive growth of the operating table market. According Global Surgery report in 2015, around 65% of cancer treatments required surgery and increased access to caesarean delivery reduced neonatal mortality by up to 70%.
Furthermore, increase in surgeries of patients with chronic disorders is expected to propel demand for operating table. For instance, according to the German Heart Surgery Report 2016, around 103,128 heart surgery procedures were reported in the German Society for Thoracic and Cardiovascular Surgery (GSTCVS) registry. Moreover, around 33,451 isolated heart valve procedures that included 11,701 catheter-based procedures with an in-hospital mortality of 4.3% were reported in the same report. In 2015, around 1.36 million caesarean procedures were performed in European countries, which included over 220 thousand caesarean section procedures in Germany, around 200 thousand in the U.K., and over 170 thousand in Italy.
New product launches and strategic collaborations for innovation in product by key players is expected to drive growth of the operating table market
Browse 23 Market Data Tables and 19 Figures spread through 145 Pages and in-depth TOC on “Global Operating Table Market”- by Product Type (General Operating Table and Specialty Operating Table), by Technology (Manuel/non-powered Operating Table and Powered Operating Table), by End User (Hospitals, Ambulatory Surgical Centers, and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
Key Takeaways of the Operating Table Market:
The global operating table market is expected to exhibit a CAGR of 4.3 % over the forecast period, owing to increasing adoption of the multiple minimally-invasive procedures and increasing number of surgical needs worldwide.
Among product type, specialty operating table is expected to hold dominant position in the market during forecast period. This is owing to new products launches in this category by key players and increasing trend to integrate the specialty tables with other medical equipment such as imaging equipment, cardiovascular surgical systems, and others.
Key players in the global operating table market include, Hill-Rome Holdings, Inc., AGA Sanittsartikel GmbH, ALVO Medical sp. z o.o., Infimed, Inc., Stryker Corporation, Denyers International Pvt. Ltd., Eschmann Equipment, Getinge Group, AB, Merivaara Oy, Mizuho Corporation, Nuvo, Inc., Schaerer Medical AG, Skytron LLC, STERIS Corporation, medifa-hesse GmbH & Co. KG, and Stille AB
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