Global Surgery Tables Market - Snapshot
Surgical tables are also known as operating tables that are used for surgical procedures. They are one of the first requirements of a modern health care system. In terms of revenue, the global surgery tables market was valued at above US$ 700 Mn in 2017 and is anticipated to reach over US$ 900 Mn in 2026, expanding at a CAGR of above 3.0% from 2018 to 2026. Developing health care infrastructure in emerging countries and increase in the number of surgeries are likely to drive the global surgical tables market from 2018 to 2026.
The global surgical tables market has benefited significantly from a rise in investments in the health care sector. Moreover, an emerging trend that has had a direct impact on the surgery tables market is the use of sophisticated surgical tables to support hybrid operating rooms. A large number of global manufacturers are putting in constant efforts to develop and manufacture novel surgery tables in order to meet requirements of surgical procedures. Demand for advanced surgery tables, such as orthopedic surgical tables, image guided surgical tables, etc., is on the rise. Key players are focusing on the development of surgery tables with better efficacy. For instance, Merivaara Corp. launched a new surgery table, the Practico, for elective procedures to support a wide range of posture possibilities. These key developments are likely to augment the global surgery tables market in the near future. However, high cost of surgical tables is likely to restrain the global surgery tables market during the forecast period.
The global surgery tables market has been segmented based on type, application, end-user, and region. In terms of type, the powered surgery tables segment is projected to dominate the market. This is due to an increase in demand for new and advanced surgical tables from emerging countries and established health care centers. In terms of application, the general surgery tables segment is projected to dominate the market, and the trend is likely to continue during the forecast period. The imaging tables segment is estimated to be highly attractive, and its market share is expected to rise during the forecast period, due to a rise in emphasis on diagnostic imaging and increase in preference for C-arms devices in hospitals and other health care facilities.
Based on end-user, the hospital segment led the market in terms of revenue in 2017. Rapidly developing hospital infrastructure and increase in the number of operation rooms are expected to propel the segment in the near future.
In terms of region, Asia Pacific held a major share of the global surgery tables market in 2017. Increase in the number of health care facilities installing integrated hybrid ORs is boosting demand for surgical tables. In terms of revenue, the market in Europe and North America is projected to expand at a rapid pace during the forecast period, due to an increase in the number of health care facilities installing integrated hybrid ORs, which is expected to lead to a rise in demand for new and advanced surgical tables. Increase in the number of hospital beds and transformation of hospital infrastructure by the governments of countries such as Saudi Arabia, UAE, and South Africa are likely to boost the market in the Middle East & Africa.
Key companies operating in the global surgery tables market that are profiled in the report include Stryker, STERIS plc, Hill-Rom Services, Inc., Mizuho OSI, Getinge AB, Surgical Tables Inc., AMTAI Medical Equipment, Inc., BARRFAB, and Merivaara Corp.. These players are adopting organic and inorganic growth strategies to expand their product offerings, strengthen their geographical reach, increase customer base, and gain market share. For instance, in February 2014, Stryker acquired Berchtold Gmbh & Co.Kg. This acquisition helped Stryker to provide comprehensive and quality equipment, including surgical tables, to a wide range of customers around the globe.
Global Surgery Tables Market - Overview
Surgery tables are designed to provide a safe way of positioning patients for surgery. They are divided into four sections that support major body parts such as the head, back, seat, and leg. The global surgery tables market is expanding at a significant pace due to factors such as new technological advances in modern surgery tables, increasing government investment in health care infrastructure, and integration of hybrid operating rooms in existing hospitals.
The global surgery tables market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on type, application, end-user, and region. A detailed qualitative analysis of drivers, restraints, and opportunities has been provided in the market overview section. Additionally, the section comprises a competitive matrix and company profiles to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography, and market share analysis, by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global surgery tables market.
Global Surgery Tables Market: Key Segments
In terms of type, the global surgery tables market has been segmented into powered and non-powered. Based on application, the global surgery tables market has been classified into general surgery tables, orthopedic tables, imaging tables, and others. In terms of end-user, the global surgery tables market has been categorized into hospitals, ambulatory surgery centers, and others. The market size and forecast for each of these segments have been provided for the period from 2016 to 2026, along with their respective CAGRs for the forecast period from 2018 to 2026, considering 2017 as the base year.
Global Surgery Tables Market: Regional Outlook
In terms of geography, the global surgery tables market has been segmented into five major regions and key countries/sub-regions in the respective regions: North America (the U.S. and Canada), Europe (the U.K., Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, Peru, Chile, Bolivia, Colombia, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). The market size and forecast for each of these regions and the mentioned countries have been provided for the period from 2016 to 2026, along with their respective CAGRs for the period from 2018 to 2026, considering 2017 as the base year. The research study also provides the competitive scenario in these regions.
Companies Mentioned in Report
The report also profiles major players in the market in terms of various attributes such as company overview, financial overview, devices portfolios, business strategies, and recent developments. Major companies profiled in the global surgery tables market include Stryker, STERIS plc, Hill-Rom Services, Inc., Mizuho OSI, Getinge AB, Surgical Tables Inc., AMTAI Medical Equipment, Inc., BARRFAB, and Merivaara Corp.
The global surgery tables market has been segmented as follows:
Global Surgery Tables Market, by Type
Global Surgery Tables Market, by Application
- General Surgery Tables
- Orthopedic Tables
- Imaging Tables
Global Surgery Tables Market, by End-user
- Ambulatory Surgery Centers
Global Surgery Tables Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa