The surgery tables market is estimated to witness a CAGR of 4.00% to reach US$794.516 million in 2024 from US$628.053 million in 2018. Increasing healthcare investment around the globe is a key driver for the growth of the surgery tables market. In recent years, there has been a gradual shift from manual operating tables to more sophisticated operating tables, these newly advanced tables increase the efficiency of the surgical process and are being increasingly preferred by surgeons around the world. Increasing product innovations by major companies in order to gain a competitive edge is anticipated to boost the market for surgery tables in the upcoming years. However, the high cost involved with these sophisticated operating tables is considered as the restraining factor for the growth of the market.
The surgery tables market has been segmented on the basis of type, end-user, and geography. In the type segment, the general surgery tables are expected to hold a significant market share owing to the low cost, widespread usage, increasing demand, and the growing number of healthcare institutions worldwide. Further, in the end-user segment, Hospitals are anticipated to grow at a substantial rate on account of the growing number of health infrastructure and an increasing number of operating rooms.
Geographically, The Asia-Pacific is projected to be a dominant region owing to the rising investment by public and private players for the development of hospitals and healthcare facilities. North America is also anticipated to be a prominent region due to the rising number of healthcare centers.
• Growing number of healthcare facilities.
• Rising geriatric population.
• High cost of advanced surgical tables.
• In January 2018, Merivaara Corporation launched a new operating table Practico series, Practico Max Hi goes up to 1 143 mm (45 inches), and the Practico Max Lo goes down to 540 mm (21.3 inches) making them the most mobile tables.
The major players profiled in the surgery tables market include Stryker, Steris plc, Getinge AB, Hill-Rom Services Inc., Surgical Tables Inc, Mizuho OSI, Barrfab, Merivaara Corporation, and AMTAI Medical Equipment, Inc.
The surgery tables market has been analyzed through the following segments:
• By Type
o General Surgery Tables
o Neurology Tables
o Urology and Cysto Tables
o Imaging Tables
• By End User
o Ambulatory Surgery Centers
• By Geography
o North America
o South America
? United Kingdom
o Middle East and Africa
? Saudi Arabia
o Asia Pacific
? South Korea
Frequently Asked Questions (FAQs)
Q1. What will be the surgery tables market size by 2024?
A1. The surgery tables market is estimated to reach a market size of US$794.516 million in 2024.
Q2. What is the size of surgery tables market?
A2. Surgery Tables market was valued at US$628.053 million in 2018.
Q3. What are the growth prospects for surgery tables market?
A3. The global surgery tables market is estimated to grow at a CAGR of 4.00% over the forecast period.
Q4. Which region holds the maximum market share in the surgery tables market?
A4. Geographically, The Asia-Pacific is projected to hold a significant share in the surgery tables market owing to the rising investment by public and private players for the development of hospitals and healthcare facilities.
Q5. What factors are anticipated to drive the surgery tables market growth?
A5. Rising number of offshore drilling activities across the globe is the major driver of the subsea manifolds market.