The operating table market comprises surgical tables that are used for supporting patients during surgical procedures. Operating tables come equipped with features such as adjustable backs and movable legs to provide surgeons and anesthesiologists easier access to patients. Some advanced operating tables are integrated with technologies to monitor patients' vital signs and position them automatically as per requirements during surgical procedures. The rising number of surgeries being performed and growing adoption of minimally invasive procedures are fueling demand for technologically enhanced operating tables.
The Global Operating Table Market is estimated to be valued at US$ 1.73 Bn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the operating table market are Avery Dennison, 3M, Henkel, UPM Raflatac, CCL Industries, WS Packaging Group, Constantia Flexibles, R.R. Donnelley & Sons, Mondi, Amcor, Seiko Holdings, Reflex Labels, Coveris Holdings, Lintec Corporation, Stickythings, Torraspapel Adestor, Polylabel, Multi-Color Corporation, Secura Labels, Etisoftware. Key players are focusing on developing advanced operating tables equipped with integrated technologies to gain competitive advantage.
The rising number of surgical procedures being performed globally is fueling demand for operating tables. As per the WHO, over 312 million surgical procedures are performed annually worldwide. The growing prevalence of chronic diseases and increasing access to healthcare are contributing to the rising surgical volume.
Technological advancements are also boosting the operating table market. Players are launching tables integrated with advanced features such as automatic patient positioning systems, monitoring equipment, and interactive displays. Such features provide better care and convenience to medical personnel during surgeries.
Market Trends
Hybrid operating tables that allow both open and minimally invasive procedures are gaining traction globally. These tables enable surgeons to switch between open and laparoscopic/endoscopic procedures seamlessly on the same patient leading to procedural flexibility. Hybrid tables are increasingly adopted in ambulatory surgical centers and hospitals with large surgical wings.
There is rising adoption of operating tables with integrated powered patient positioning systems. Powered positioning allows automated adjustment of patients according to surgical requirements via a handset or foot pedal control. This reduces fatigue of medical personnel compared to manual positioning and ensures accurate positioning.
Market Opportunities
The development of multi-functional Operating Tables integrated with advanced technologies presents significant opportunities. For instance, incorporation of augmented reality and AI-assisted surgical navigation capabilities could optimize surgical workflow.
Growing focus on ambulatory surgery centers in developed markets will spur demand for cost-effective modular tables. Modular tables take less space, are cheaper than standard tables, and suitable for the price-sensitive ASC segment. This presents opportunities for market players.
The COVID-19 pandemic has significantly impacted the growth of the operating table market. With the outbreak of the virus in early 2020, many elective surgeries and non-emergency procedures were postponed or canceled to prevent the spread of infection and prioritize critical care capacity. This led to a decline in demand for operating tables from hospitals and surgical centers during this period. However, with increasing vaccination rates and easing of restrictions from mid-2021, surgical volumes have started recovering.
The demand is expected to grow further in the post-pandemic times, driven by the large backlog of postponed surgeries. Manufacturers are also developing advanced operating tables featuring enhanced sterilization and disinfection features like antimicrobial coatings to limit surface contamination and spread of infections in future. Some tables are integrated with patient monitoring systems and power outlets to enable minimal staff interaction during procedures. With continued medical advancement, newer types of complex surgeries will require state-of-the-art operating tables. Overall, while the short term growth was impacted, COVID-19 has emphasized the importance of hygiene and safety in surgical facilities, which is likely to drive the market positively in the long run.
In terms of value, North America holds the largest share in the operating table market, accounting for over 35% of the global revenue as per estimates for 2024. This is attributed to the large number of surgical procedures performed annually and higher adoption of advanced medical technologies in countries like the US and Canada. Europe follows as the second largest region, driven by favorable healthcare infrastructure and rising disease incidence in countries like Germany, France and the UK.
The Asia Pacific region is poised to become the fastest growing market for operating tables during the forecast period. This is credited to factors like improving accessibility to healthcare, increasing medical tourism and mounting government initiatives to modernize healthcare systems in emerging economies like India, China and Japan. Strengthening of regional surgical capabilities along with greater awareness about new surgical advancements will continue fueling the demand for operating tables across Asia Pacific in the coming years.
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The Global Operating Table Market will grow at highest pace owing to rising number of surgeries
Posted 2024-02-16 12:55:09
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