Operating Tables Market Sustains Competitiveness by Adoption of Technological Innovations

Operating Tables Market
Operating Tables Market

The operating tables are required for the surgeon to operate the surgery or intended area and also used for patient safety. The choice of the operating tables depends largely on the type of surgery to be performed. There are various operating tables which depends on the area that needs to be accessed for surgical procedure. These operating  tables are multi-function tables and can be used for many surgical procedures but most commonly used for endoscopy, ophthalmic surgeries, gynaecological procedures, musculoskeletal procedures, ENT procedures, urology, neurosurgical, shoulder surgeries, spinal surgeries etc. As operating tables ensure patient safety and procedure accuracy, there is an expected demand for these equipment as healthcare has now shifted from volume to value based system.

Government and other administrative organization of different countries are adopting various cost control measure to decrease healthcare burden, especially in developed countries. Healthcare reforms have changed the focus of the hospitals and other healthcare facilities toward value based system. Shifting payment model such as pay for performance has forced the healthcare facility providers to invest more on the better quality equipment and is expected to increase the market of operating tables.

The globaoperating tables market, estimated to be worth US$ 849.5 Mn by 2017 end, and is expected to expand at a CAGR of 3.9% over the forecast period of 2017–2025. North America accounted for largest market share and was valued at US$ 275.3 Mn in 2016, and is expected to expand at a CAGR of 3.1% over the forecast period.

The demand for the operating tables is expected to upsurge owing to the increasing number of surgeries performed, the shift from manual to advanced equipment and the industry consolidation happening. Shift in technology advancements from non-powered to powered operating tables creates significant opportunities for the medical carts market over the forecast period. Hybrid operating tables is most technological advanced operating tables available in the market. Development of advanced operating tables such as specialty operating tables that specially made for specific surgery that enhances the accuracy of surgical procedure which can be opportunity for the companies in the market. Development of advanced Operating tables will lead to increased efficiency of surgical process. Development of Specialty tables will prevent unintentional injuries to the patient. However, higher pricing of the specialty operating tables and lack of skilled professionals are restraining the growth of this market over the forecast period.

Geographically, North America is the leading the operating tables market. North America dominated the operating tables market as there is an increasing hospital investments and number of surgeries and accidental cases.Asia Pacific is also the fastest growing region with a CAGR of 4.8% during the forecast period. North America and Europe region is also showing a steady growth owning to rising government funding on providing better healthcare facilities and increasing healthcare expenditure.

Some of the players in the global patient positioning equipment market include Hill-Rom Holdings, Inc., Stryker Corporation, Steris Plc., Skytron, LLC., Siemens AG, AMTAI Medical Equipment, Inc., OPT SurgiSystems S.R.L., Medifa-Hesse GmbH & Co. KG, Getinge AB, Schaerer Medical USA Inc, Alvo Medical Sp. Zo.o, OPT Surgisystem S.R.L, and others.

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