Operating tables are medical devices that are used for the transferring and positioning patients during surgeries. They provide patients with a comfortably stable surface and helps surgeons to perform various procedures efficiently. The rising incidence of chronic diseases and increasing prevalence of trauma injuries have accelerated the number of surgical procedures being conducted worldwide. This has significantly driven the demand for operating tables and lights in the healthcare sector.
The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increased number of surgeries has accelerated the growth of the operating tables and lights market during the forecast period. According to the Centers for Disease Control and Prevention (CDC), in 2019, around 51.4 million inpatient surgeries were performed in the United States. Similarly, Hospital for Special Surgery conducted around 200,000 surgeries in 2019, including orthopedic, pediatric, spinal, and general surgeries. Rising surgical procedures have resulted in increased demand for operating tables and lights amongst healthcare facilities to efficiently perform such surgeries. This is anticipated to propel the growth of the operating tables and lights market.
Segment Analysis
The global operating tables and lights market is dominated by the electric operating table segment. Electric operating tables provide convenience and flexibility during complex surgeries as they offer features such as adjustable height, backrest and leg sections. They allow surgeons easy access to patients and provide scope for complex movements during long hours of surgery. Additionally, advances features such as integrated lighting systems, radiolucent tables for imaging and powered accessories make electric operating tables highly preferred among healthcare providers.
Key Takeaways
The Global Operating Tables And Lights Market Size is expected to witness high growth over the forecast period. Technological advancements in medical equipment along with increasing knee and hip replacement surgeries are contributing to the demand for operating tables and lights globally. The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030.
Regional analysis: The North America region currently dominates the global market and is expected to maintain its leading position during the forecast period. High healthcare expenditure, presence of advanced healthcare infrastructure and rising chronic diseases in the US and Canada are driving the adoption of operating tables and lights in the region.
Key players analysis: Key players operating in the operating tables and lights market include Hill-Rom Holdings, Inc., Stryker, Steris, Getinge, Mizuho OSI, Merivaara and Trumpf Medical. Hill-Rom Holdings and Stryker collectively account for over 40% share of the global market. They have strong portfolio of electric and hybrid operating tables to cater to various clinical requirements.
For More Insights, Read: https://www.newswirestats.com/operating-tables-and-lights-market-size-share-and-growth-forecast-2023-2030/
Transparency Market Research (TMR) has published a new report titled, “Surgical Tables and Lights Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”.
According to the report, the global surgical tables and lights market was valued at more than US$ 1,300.0 Mn in 2017 and is projected to expand at a CAGR of more than 3.0% from 2018 to 2026.
Developing health care infrastructure in emerging countries and introduction of technologically advanced surgical tables and lights by market players are likely to boost demand for surgical tables and lights during the forecast period.
LED surgical lights based on various illumination techniques are estimated to cost from US$ 8,000 to US$ 25,000 in the U.S.Gynecology Examination Tables to Lose Market ShareThe report offers detailed segmentation of the global surgical tables and lights market based on product type and application.
Demand for surgical tables and lights in operating rooms is propelled by increase in number of ambulatory surgery centers in the U.S. and other developed countries, and emergence of new hospital projects in Asia Pacific and Middle East & Africa.
The gynecology examination tables segment is anticipated to lose market share during the forecast period and account for less than 18.0% by 2026.Request COVID Analysis on Surgical Tables and Lights Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=46236Public Hospitals to be Leading SegmentIn terms of application, the public hospitals segment is projected to account for a dominant share of the global surgical tables and lights market during the forecast period.
