PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1127437
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1127437
Surgical tables Market size was valued at USD 1,388.4 Million in 2021, growing at a CAGR of 3.1% from 2022 to 2028.
The surgical table contributes to an operating room's increased productivity and manageability. Players in the market concentrate on creating surgical tables that are more functional and economical, assisting in the industry's expected growth. Bariatric surgery is becoming more popular as a result of bad lifestyle decisions that cause a variety of chronic illnesses. According to the WHO's estimate for 2021, obesity is thought to be a contributing factor in over 2.8 million annual deaths. Surgical tables support the patient's body during operations by acting as an elevated surface. This keeps the patient in place and makes it possible to see the surgical field well. They're designed to make it possible to put patients precisely throughout procedures.
Over the course of a person's lifetime, chronic diseases like cancer, diabetes, hypertension, stroke, heart disease, respiratory illnesses, arthritis, obesity, ophthalmic abnormalities, etc. may require a variety of surgical treatments. Additionally, the development and acceptance of minimally invasive procedures in cardiac surgery have advanced significantly, as per the research report titled "Minimally Invasive Cardiac Surgery" which was published in the Journal of Thoracic Disease 2021. The median sternotomy has long been and continues to be the tried-and-true, industry-recognized access route for cardiac surgery. Additionally, a professional organization called the International Society for Minimally Invasive Cardiothoracic Surgery was established to promote minimally invasive surgeries (ISMICS). The increase in procedures suggests a greater focus on the amenities offered inside the operating room rooms.
The COVID-19 breakout pandemic has overburdened healthcare systems, making it difficult to provide medical care to all patients around the world. The epidemic is also having a negative effect on the medical device business. Medical equipment companies are having trouble running their businesses as the COVID-19 pandemic spreads. There are numerous businesses in the US that provide operating tables. Due to restrictions on product delivery and temporary facility closures caused by the outbreak, their businesses have suffered. However, as the COVID-19 recovery rate rises, hospitals have progressively begun to resume elective treatments. Because of this, there is an increase in demand for medical equipment like operating tables, which is anticipated to support the market.
The Global Surgical tables Market is segmented on the basis of Product Type, End Use, and Region.
Based on product, the global surgical tables market is divided into two categories: General & Specialty. The market for general surgical tables was worth USD 564.6 million in 2021 and is anticipated to witness lucrative growth over the forecast period. This dominance is mainly driven by the low cost of the general surgical tables coupled with their advantages such as stability, accessibility, and support for larger patients,
The majority of surgical requirements are accommodated by the general surgical table, allowing the surgeon to execute a variety of surgeries, including gynecological and cardiovascular procedures. The market has benefited from the rising prevalence of chronic illnesses, such as gastrointestinal problems, in developing nations.
Due to the continued development in demand for air conditioning in the coming years, the worldwide market for Surgical tables is made of both international and local producers, making it one of the most competitive sectors in the world. The market comprises a number of both international and local producers, making it a fairly competitive sector in the world. Some of the leading strategies adopted by corporations to expand their industry share include agreements, new product launches, distribution network development, and mergers and acquisitions.
For instance, in October 2021, Stille AB partnered with GE Healthcare for a new surgery table in the US. Additionally, in December 2020, Skytron launched the next generation of GS70 Salus surgical table. This surgical table is designed with patient and staff security in mind.
The scope of this report covers the market by its major segments, which include as follows: