by Operating tables are an indispensable part of modern-day surgeries, providing medical practitioners with a stable, adjustable work surface on which surgical procedures can be efficiently performed. Operating tables are outfitted with features such as hydraulic systems, retractors, overhead lights, and drawers to hold medical instruments, allowing surgeons to access patients easily and focus on performing complex operations. Technological advancements have enabled the development of operating tables with integrated diagnostic and imaging devices like C-arms and cameras that can capture real-time footage of surgeries, aiding in minimally invasive procedures. Some innovative operating tables also offer advanced features for better patient positioning, like height-adjustable surfaces, tilting capabilities, integrated scales, and compatibility with robotic surgical assistants.
The global Operating Table Market is estimated to be valued at US$ 1.5 Bn in 2023 and is expected to exhibit a CAGR of 3.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the operating table market is the growing adoption of hybrid operating tables. Hybrid operating tables integrate radiolucent material tops with advanced imaging capabilities to assist surgery visualization. For instance, Getinge’s Maquet Powered OR tables offer a radiolucent carbon fiber table top to facilitate imaging during surgeries without moving the patient. Similarly, Trumpf Medical’s TruSystem 7500 electro-hydraulic operating table integrates a 40×30 cm C-Arm-compatible carbon table top and flexible accessory rails to easily organize OR equipment and accommodate intraoperative imaging needs. Such hybrid tables simplify complex procedures while maximizing efficiency and minimizing hassles. Their rising demand will considerably contribute to operating table market revenue growth over the forecast period
Porter’s Analysis
Threat of new entrants: Low, as operating tables require heavy capital investments and established relationships with hospitals. There are significant economies of scale in production.
Bargaining power of buyers: Moderate, as there are a few large players dominating the market. However, buyers have considerable purchasing power given the importance of operating tables in hospitals.
Bargaining power of suppliers: Low, as raw materials required for operating tables such as metals and polymers are commodity products available from numerous suppliers globally.
Threat of new substitutes: Low, as operating tables are an essential medical equipment with no close substitutes.
Competitive rivalry: High, as the market is dominated by a few major players competing on the basis of innovations, quality, and pricing.
Key Takeaways
The Global Operating Table Market Demand is expected to witness high growth over the forecast period.
Regional Analysis: North America dominates the operating table market with more than 30% share, followed by Europe. The high availability of advanced healthcare facilities and rising number of surgeries being performed drive the demand for operating tables in these developed regions.
Key players operating in the operating table market are Polyclean Technologies Inc., Goverdhan Polygran Pvt. Ltd., Nidhi Enterprises, S.S.B Polymers & S.S.B Enterprises, The Shakti Plastic Industries, Dar AI Khaleej Plastics, GRM Polymer, Jai Shree Balaji Plastic, Kamal Polyplast, Mittal Polymers, Nahata Plastics, Navkar Industries, Amruta Plastic, Raza Traders, Vanshika Plastic Industry, Wiwat Plastic, and Xiamen Keyuan Plastic Co., Ltd.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
