Surgical Tables Market Size, Share, Growth Analysis, By Product Type (General Surgical Tables, Specialty Surgical Tables), By Type (Powered, Non-Powered), By Material, By End-User, By Region - Industry Forecast 2024-2031
Global Surgical Tables Market size was valued at USD 1.4 billion in 2022 and is poised to grow from USD 1.49 billion in 2023 to USD 2.47 billion by 2031, growing at a CAGR of 6.5% during the forecast period (2024-2031).
As of October 2023, the surge in global trauma and injury cases is driving an increased demand for surgical procedures, bolstered by a growing preference for advanced operating tables that enhance the surgical experience for both patients and surgeons. Key market growth factors include the rise of non-profit organizations, alongside the expansion of hospitals and ambulatory care facilities, leading to more procedures being performed in operating rooms than ever before. Furthermore, the elderly population's growth and their increased hospitalization for chronic conditions requiring surgery are expected to significantly propel the surgical table market. Increased competition is also anticipated to stimulate demand for innovative surgical tables, particularly with rising orthopedic and bariatric surgeries, highlighting a lucrative opportunity for market participants amid evolving healthcare needs.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Surgical Tables market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Surgical Tables Market Segmental Analysis
Global Surgical Tables Market is segmented by product type, type, material, end-user and region. Based on product type, the market is segmented into general surgical tables, specialty surgical tables, bariatric surgical tables, laparoscopic surgical tables, neurosurgical surgical tables, orthopedic surgical tables, radiolucent surgical tables and pediatric surgical tables. Based on type, the market is segmented into powered and non-powered. Based on material, the market is segmented into metal and composite. Based on end-user, the market is segmented into hospital, ambulatory surgery centers and specialty clinics & trauma centers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Surgical Tables Market
The surgical tables market is significantly influenced by the surging volume of surgical procedures being performed worldwide. Key elements fueling this demand include an aging demographic, the widespread occurrence of chronic illnesses, and continuous innovations in medical treatments and surgical techniques. As these factors converge, they create a robust demand for high-quality surgical tables, which cater to the evolving needs of healthcare facilities. Consequently, the increasing frequency of surgeries not only enhances operational efficiency in hospitals and clinics but also drives the growth of the surgical tables market as healthcare providers seek advanced solutions to improve patient outcomes and support surgical teams effectively.
Restraints in the Global Surgical Tables Market
The Global Surgical Tables market faces several restraints, primarily due to the high cost associated with these essential medical devices. Surgical tables that incorporate advanced technology and innovative features tend to be quite expensive, which can pose significant challenges for healthcare facilities operating under budget constraints. Additionally, in regions where healthcare spending is limited, the affordability and cost-effectiveness of surgical tables become critical factors for potential buyers. This financial burden may prevent healthcare providers, particularly in lower-income areas, from acquiring the necessary equipment, thereby hindering the overall growth and accessibility of surgical services.
Market Trends of the Global Surgical Tables Market
The Global Surgical Tables market is witnessing a significant trend towards the integration of advanced imaging technologies, such as C-arm compatibility and intraoperative imaging systems, which enhances surgical precision and patient outcomes. This innovative synergy allows for real-time imaging capabilities during procedures, enabling surgeons to make more informed decisions and refine their techniques on-the-fly. As hospitals and surgical centers increasingly prioritize efficiency and accuracy, the demand for these technologically advanced surgical tables is expected to rise, driving market growth. Consequently, manufacturers are focusing on developing versatile tables that accommodate these imaging systems, thereby meeting the evolving needs of the healthcare sector.
Table of Contents
Introduction
Objectives of the Study
Scope of the Report
Definitions
Research Methodology
Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations
Executive Summary
Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis
Market Dynamics & Outlook
Market Overview
Market Size
Market Dynamics
Drivers & Opportunities
Restraints & Challenges
Porters Analysis
Competitive rivalry
Threat of substitute
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Key Market Insights
Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2023
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technological Advancement
Global Surgical Tables Market Size by Product Type & CAGR (2024-2031)
Market Overview
General Surgical Tables
Specialty Surgical Tables
Bariatric Surgical Tables
Laparoscopic Surgical Tables
Neurosurgical Surgical Tables
Orthopedic Surgical Tables
Radiolucent Surgical Tables
Pediatric Surgical Tables
Global Surgical Tables Market Size by Type & CAGR (2024-2031)
Market Overview
Powered
Non-Powered
Global Surgical Tables Market Size by Material & CAGR (2024-2031)
Market Overview
Metal
Composite
Global Surgical Tables Market Size by End-User & CAGR (2024-2031)
Market Overview
Hospital
Ambulatory Surgery Centers
Specialty Clinics & Trauma Centers
Global Surgical Tables Market Size & CAGR (2024-2031)
North America (Product Type, Type, Material, End-User)
USA
Canada
Europe (Product Type, Type, Material, End-User)
Germany
Spain
France
UK
Italy
Rest of Europe
Asia Pacific (Product Type, Type, Material, End-User)
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America (Product Type, Type, Material, End-User)
Brazil
Rest of Latin America
Middle East & Africa (Product Type, Type, Material, End-User)