May 19, 2024
Operating Table Market

Operating Table Market is expected to be Flourished by Increasing Demand in Ambulatory Surgery Centers

Operating tables are medical devices used to support a patient during a surgical procedure. They allow access to all parts of the body and help physicians perform surgical procedures effectively and efficiently. Operating tables are equipped with features such as adjustable height and surfaces, programmable controls, and integrated imaging systems. Various product types available in the market include standard operating tables, specialty operating tables for orthopedic surgeries, and bariatric operating tables that support heavier patients. With the growing volume of surgical procedures performed globally every year, operating tables are being increasingly adopted across hospitals and ambulatory surgery centers.

The global operating table market is estimated to be valued at US$ 1.73 billion in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One of the major drivers for the growth of the operating table market is the increasing number of ambulatory surgical centers globally. Ambulatory surgical centers allow low-risk surgical procedures to be performed on an outpatient basis. They provide cost-effective and convenient settings for surgeries as compared to hospitals. With growing preference for ambulatory care, especially in developed economies, demand for specialized operating tables from these centers is on the rise. Additionally, technological advancements in operating tables such as integration of advanced imaging systems and user-friendly digital controls are supporting their increased adoption across healthcare facilities. However, high costs associated with specialty operating tables may hamper market growth.

Segment Analysis

The global operating table market is segmented on the basis of type, application, end-user and region. Based on type, the market is segmented into general operating table, specialty operating tables. The specialty operating tables segment dominates the market and is expected to witness highest growth during the forecast period. This is majorly due to increasing number of surgeries requiring specialty tables like radiolucent operating tables for image-guided surgeries.

PEST Analysis

Political: Governments across countries are focusing on strengthening their healthcare infrastructure and investing in advanced medical technologies. This is promoting market growth.

Economic: Rising disposable incomes and growing healthcare expenditure is driving demand for advanced operating tables from hospitals and ambulatory surgical centers.

Social: Increasing incidence of chronic diseases and rate of surgeries being performed is a key factor boosting market growth. Also, growing medical tourism is favoring market demand.

Technological: Ongoing innovations in operating table designs to support advanced surgical procedures like robot-assisted surgeries is a major trend. Players are also offering special tables integrated with imaging systems.

Key Takeaways

The Global Operating Table Market Size is expected to witness high growth. The global operating table market is estimated to be valued at US$ 1.73 billion in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031.

North America dominates the global market and is expected to continue its lead during forecast period. Factors such as developed healthcare infrastructure, rising surgical procedures and presence of key players contributing to its large share.

Key players operating in the operating table market are Avery Dennison, 3M, Henkel, UPM Raflatac, CCL Industries, WS Packaging Group, Constantia Flexibles. Key players are focusing on new product launches and strategic collaborations to strengthen their market position.

The global operating table market provides ample opportunities for players to consolidate their position. Ongoing demand for specialty tables from hospitals and increasing availability of capital for infrastructure development will further aid market growth over the forecast period.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it