Operating tables are specialized medical equipment used in hospitals’ surgical departments and operating rooms. Modern operating tables are designed for enhanced patient positioning, safety, and surgeon ergonomics. They offer features such as adjustable height, flexible assembly, radiolucent tops, and incorporation of large integrated monitor arms. Operating tables are used by surgeons, nurses, and anesthesiologists for general surgery, orthopedic surgery, and other procedures.
The Operating Table Market is estimated to be valued at US$ 1.50 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Increasing number of surgical procedures being performed globally is a major driver for the operating table market growth. According to the American Society of Plastic Surgeons, around 17.7 million surgical and minimally-invasive cosmetic procedures were performed in the U.S. in 2018. Additionally, rising geriatric population prone to chronic diseases and injuries is augmenting the demand. Furthermore, growing investments by hospitals and surgical centers to upgrade their operating room infrastructure also contributes to the market growth. However, high costs associated with advanced operating tables remains a restraining factor.
Segment Analysis
The operating table market is dominated by the general surgical tables segment. General surgical tables are highly flexible and are used in a wide range of surgeries such as general surgery, orthopedic, neurological and other procedures. The versatility along with the ability to be reconfigured according to the type of surgery being performed has made general surgical tables the most commonly sold product in this market.
PEST Analysis
Political: Governments across various countries are increasing healthcare spending to modernize hospitals with advanced medical devices like operating tables to ensure highest quality of care. This is driving investments in new operating tables.
Economic: The growing per capita incomes have increased accessibility to elective surgeries globally. This has augmented demand for operating tables from hospitals and surgical centers.
Social: Rising preference for minimally invasive surgeries over traditional open surgeries is propelling demand for specially designed operating tables that provide flexibility of patient positioning.
Technological: Manufacturers are focusing on integrating operating tables with advanced technology like radiolucent carbon fiber tables that provide better visibility for image-guided procedures.
Key Takeaways
Global Operating Table Market Demand is expected to witness high growth, exhibiting CAGR of 6.6% over the forecast period, due to increasing number of surgical procedures worldwide. The market size for operating table is expected to reach US$ 2.4 Bn by 2030 from US$ 1.50 Bn in 2023.
Regional analysis for operating tables shows highest growth prospects in Asia Pacific region. Factors such as booming medical tourism, increasing healthcare expenditure and infrastructure investments are fueling demand in the Asia Pacific region. China dominates the Asia Pacific operating tables market owing to large patient pool and favorable government policies promoting localized manufacturing.
Key players operating in the operating table market are Hill-Rom Holdings, Inc., Steris Plc., Stryker Corp., Getinge AB, and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Stryker commands significant market share owing to its diversified product portfolio and strong global distribution network. Getinge is focusing on new product launches and acquisitions to strengthen its presence in speciality operating tables segment.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
