Operating Table Market is Estimated to Witness High Growth Owing to Increasing Number of Surgical Procedures

The global operating table market is estimated to be valued at US$ 1.5 Bn or Mn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

SWOT Analysis
Strength: Operating tables offer ergonomic designs and help streamline surgical workflows. They provide adjustable height and deck settings to suit different procedures. They also offer advanced features like automated functions and integrated medical devices.
Operating tables are built with durable materials to withstand rigorous usage in healthcare facilities. Their sturdy constructions help them serve hospitals for many years. Some even come with antimicrobial coatings to support infection control practices.
Weakness: Operating tables require substantial upfront investments and have high replacement costs. Regular maintenance and servicing also add to the total cost of ownership. Certain advanced features may not always be affordable or justified based on a hospital's budget and case load.
Opportunity: Growing demand for minimally invasive procedures is expanding the adoption of specialized operating tables with integrated imaging and navigation capabilities. There is scope to develop tables integrated with AI and IoT technologies to enhance efficiencies.
Rising healthcare infrastructure in developing nations presents new market opportunities. The growing geriatric population prone to chronic diseases and injuries also increases the need for surgical interventions.
Threats: Economic slowdowns can negatively impact the demand from cash-strapped public hospitals. Stringent regulations surrounding medical equipment safety approvals also increase compliance costs.

Key Takeaways
Global Operating Table Market Size is expected to witness high growth over the forecast period supported by rising surgical volumes, growing healthcare infrastructure in emerging economies, and increasing demand for advanced features that enhance efficiencies.

Regional analysis: North America currently dominates the operating table market owing to rapid technology adoption, presence of major players, and high surgical rates. The Asia Pacific region is poised to grow at the fastest pace led by China, Japan and India. Growing medical tourism and expanding healthcare budgets are driving investments in specialized surgical facilities with technologically advanced operating rooms across Asia.

Key players: Key players operating in the operating table market are Avery Dennison, 3M, Henkel, UPM Raflatac, CCL Industries, WS Packaging Group. Operating table manufacturers are focusing on new product development through strategic partnerships with medical technology companies. They are also expanding into emerging markets through targeted mergers and acquisitions to gain regional market share. 

Get More Insights on this Topic- https://www.rapidwebwire.com/operating-room-tables-market-value-insights-and-forecast/  


pooja salve

96 Blog posts

Comments