Global Operating Tables Market: Overview
An operating table is one of the fundamental operation theater equipment that assumes an essential part in accomplishing better treatment results. This is inferable from imperative capacity support and customization it offers as per the needs of the medical procedure. Operating table has two noteworthy structures, as a manual/non-fueled operating table and secondly as controlled operating table that could be moved up and down as indicated by medical procedure needs. Tables and their individual parts are raised and brought down by mechanical riggings or water powered cylinder frameworks utilizing manual or electrical controls. Besides, unique designs of operation tables are customized as per medical procedure needs, for instance, ophthalmic medical procedure table, cardiology medical procedure table, and others. An operating table is essential part of any surgery, and according to TMR analysts, with rising surgery needs around the world, there would be proportionate rise in the operating table market.
The report offers distinctive perspectives into the analytics, various factors boosting market segments, leading trends, and the vendor landscape of the global operating tables market. The study evaluates the degree of various levels of progress and ongoing models and services foreseen that would affect the market over the forecast period of 2018 and 2026.
Global Operating Tables Market: Trends and Opportunities
The growing prominence of hybrid operating tables is one of the up and coming trends that is predicted to support this present market's development prospects throughout the coming years. A hybrid operating table is incorporated with tilt and support capacities, influencing them to appropriate for medical procedures. Also, hybrid operating tables have a few advanced features such as adjustable stature, drifting table tops, and a non-flimsy carbon fiber table best used for medicinal imaging purposes. These hybrid operating tables are generally utilized by cardiovascular, orthopedic, and neurosurgeons as they take into consideration consistent and exact development of patients during the course of a surgery.
As indicated by Lancet Commission for Global Surgery report in 2015, around 143 million operating needs were left neglected, yearly and around 5 billion individuals needed access to sheltered and reasonable operating and anesthesia. Such high unmet medical needs are expected to stoke eth growth of the global operating tables market in the forthcoming years.
Global Operating Tables Market: Regional Outlook
The global operating tables market is segmented geographically for further analysis into major regions of: North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America is anticipated to be the key regional market in the global surgical tables market in the forthcoming years. The North America market is largely fuelled by the steep demand for operating tables in the U.S., where the healthcare sector is highly developed. Asia Pacific is another region that is emerge as a key lucrative geography over the forecast period attributed to the improving healthcare infrastructure in emerging nations such as China and India.
Global Operating Tables Market: Competitive Landscape
A number operating table manufacturers are largely focused on the production of technologically advanced products, keeping in mind requirements of healthcare services. For example, in 2017, Hill-Rom propelled TruSystem 3000 portable operating table, which is a cost-effective, solid and ergonomic product with operating table suitable for different operating controls.
Moreover, a few organizations are teaming up to offer operating tables that objective particular operating needs. Recently, IMRIS and Hill-Rom's-Trumpf Medical was affirmed by the U.S. Food and Drug Administration (FDA) as another multi-useful operating room table, particularly intended for the IMRIS Surgical Theater.
Some of the prominent vendors in the global operating tables market are AGA Sanittsartikel GmbH, Hill-Rome Holdings, Inc., STERIS, Elekta AB, Stryker Corporation, Span America Medical System Inc., Mizuho Corporation, Skytron Inc., Merivaara Oy, Nuvo, Inc., and ALVO Medical sp. z o.o.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.