Surgical Table Market is Expected to Gain Popularity Across the Globe by 2030

[Kamal]

The projected growth of the global Surgical Table Market indicates that it is poised to reach a valuation of USD 2.54 billion by the year 2030, with an anticipated compound annual growth rate (CAGR) of 3.3% throughout the forecast period. This expansion is driven by several key factors, including the increasing global demand for surgical procedures, augmented investments from both public and private sectors in the healthcare industry, and a surge in the requirement for advanced surgical tables equipped with cutting-edge technology. These factors collectively contribute to the projected upward trajectory of the market's revenue.

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The increasing global elderly population, the growing occurrence of chronic illnesses, and the escalating number of surgical procedures worldwide have collectively driven a substantial increase in the need for surgical tables. According to data from the National Institute of Health (NIH), approximately 300 million major surgeries are conducted annually, with the United States responsible for 40 to 50 million of them, while Europe contributes 20 million.
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This heightened demand for surgical facilities has necessitated the development of modern, technologically sophisticated surgical tables. The trend towards adopting these advanced modalities is expected to be a driving force behind the market's revenue growth.
Key players in the Surgical Table Market:
• Steris Corporation
• Berchtold GmbH & Company KG
• Stryker Corporation
• Getinge AB
• Skytron LLC
• Mizuho Corporation
• Eschmann Holdings Ltd
• Schaerer Medical USA Inc.
• Denyers International Pty
• Nuvo Inc.
• Stille AB
• Alvo Medical
The increasing demand for technologically advanced surgical tables constructed from powered and composite materials has been catalyzed by the ongoing development and enhancement of healthcare establishments globally. Modern hospitals and ambulatory surgical centers are equipped with state-of-the-art technologies essential for conducting various types of procedures. The elevated demand for powered surgical tables featuring innovative designs and integrated functionalities such as sliding, tilting, and flexible patient positioning during procedures is anticipated to be a significant factor propelling the market's revenue expansion. Composite material surgical tables, constructed from materials like Carbon Fibers, offer advantages such as being lightweight, flexible, and transparent to X-rays. These attributes facilitate unobstructed radiographic imaging of patients, making them highly suitable for modern surgical environments.
The advent of the COVID-19 pandemic resulted in a considerable setback to the growth of the surgical table market. A decline in surgical procedures due to stringent regulatory guidelines that postponed non-emergency surgeries, along with disruptions in the supply chain and shortages of labor and raw materials, adversely impacted the manufacturing of surgical tables on a global scale. Nevertheless, with the gradual relaxation of restrictions, the steady normalization of the supply chain, and concerted efforts by governments and regulatory authorities to upgrade healthcare infrastructure, the market is expected to regain momentum and exhibit growth in the near future.
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The market dynamics of the surgical table industry are heavily influenced by various driving and restraining factors. The escalating global demand for surgeries, combined with the need for cutting-edge surgical tables, is a prime driver for market expansion. The growing burden of chronic diseases worldwide fuels the demand for surgeries, consequently increasing the need for surgical tables that are vital components of operating rooms. Additionally, the surge in specialty surgeries necessitates more advanced tables with tailored features for specific procedures, which contributes to the market's growth.
Conversely, the high cost associated with composite surgical tables stands as a significant restraint to the market's revenue growth. These tables, constructed from materials like carbon fibers, offer benefits over metallic tables but come with a higher price tag due to specialized manufacturing processes and costly raw materials. Furthermore, the proper utilization of technologically advanced surgical tables requires specialized knowledge and skills, which can be lacking, particularly in developing and underdeveloped regions, hindering market growth.
In conclusion, the global surgical table market is characterized by its potential for substantial growth in the coming years. Factors such as rising demand for surgeries, advancements in healthcare infrastructure, and the need for technologically advanced surgical tables are expected to drive the market's revenue growth. While challenges such as the cost of composite tables and shortages of skilled personnel present barriers, strategic alliances among key players, innovative product launches, and increasing investments in healthcare facilities are likely to fuel competition and innovation within the market. Regions such as North America, Asia-Pacific, and Europe are projected to play pivotal roles in shaping the market landscape, with North America leading due to its advanced healthcare systems and increasing adoption of hybrid operating rooms.
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