The Global Surgical Tables Market was estimated at USD 1,238.8 Mn in 2022 and is anticipated to reach USD 2,022.8 Mn by 2031, expanding at a CAGR of 5.7% during the forecast period.
Surgical tables, also known as operating tables or operation tables are specialized tables used in surgical settings to support patients during various surgical procedures. Orthopedic surgery is a specialized field of medicine that focuses on the diagnosis, treatment, and prevention of disorders and injuries affecting the musculoskeletal system. The musculoskeletal system includes bones, joints, ligaments, tendons, and others, which all work together to support the body’s structure, movement, and function.
Macro-economic Factors
Healthcare Expenditure
Healthcare expenditure refers to the amount of money spent on healthcare goods and services, such as medical treatments, hospitalizations, medical equipment, and other healthcare-related expenses. This includes both public and private spending on healthcare, such as expenditure by governments, insurance companies, and individuals.
Government healthcare expenditure and private healthcare investments play a crucial role in shaping the orthopedic surgical tables market. High healthcare spending typically leads to the increased demand for healthcare facilities, advanced surgical equipment, and infrastructure development, which impact the market positively.
According to the Centers for Medicare & Medicaid Services (CMS), healthcare spending grew by 2.7 percent in 2021 in the US, reaching USD 4.3 trillion or USD 12,914 per person. Health spending accounted for 18.3 percent, as a share of the gross domestic product of the nation.
Economic Condition
Economic conditions such as inflation, interest rates, and exchange rates impact the orthopedic surgical tables market significantly. For instance, a decline in economic conditions reduces the demand for orthopedic surgeries or possibly delays surgeries, which affects the revenues of the orthopedic surgical tables market. The overall economic growth of a country or region has a significant impact on the healthcare industry, including the demand for orthopedic surgical tables.
There is often an increase in healthcare spending during a period of robust economic growth, which affects the market of advanced medical equipment, including surgical tables. Moreover, increasing GDP and purchasing power across the globe are raising the demand for orthopedic surgical tables, which is expected to contribute to the growth of the market in the coming years.
Market Dynamics
Market Driver- Increasing Prevalence of Orthopedic Disorders
Orthopedic disorders, also known as musculoskeletal disorders, refer to a wide range of conditions that affect the musculoskeletal system, including joints, muscles, ligaments, and other connective tissues. These disorders cause pain, inflammation, limited mobility, and functional impairments.
Rising incidences of orthopedic disorders such as fractures, osteoarthritis, and musculoskeletal injuries are driving the demand for orthopedic surgeries. Therefore, there is a growing need for advanced medical equipment, such as orthopedic surgical tables, that offer precise positioning and stability during surgeries. For instance, more than 24,000 orthopedic patients are treated per year in Germany.
Market Driver- Rising Concerns for Patient Comfort and Safety
Patient comfort and safety are crucial factors in orthopedic surgeries. Modern orthopedic surgical tables are designed to provide optimal patient positioning, support, and stability ensuring improved surgical outcomes and reducing the risk of complications. The emphasis on patient-centric care fuels the demand for advanced orthopedic surgical tables.
Patient comfort and safety directly impact surgical outcomes. Comfortable positioning during surgery allows patients to remain stable and immobile which facilitates successful surgical procedures. Surgical tables that provide ergonomic support and easy access to surgical site contribute to improved patient outcomes, which lead to high demand for these advanced tables.
Market Restraint- High Cost
The operating surgical table is a crucial part of any successful surgical procedure. Orthopedic and spine surgical tables are considered expensive ones, among the surgical tables. The high cost of orthopedic surgical tables limits their adoption, particularly in resource-constrained healthcare settings. The cost of these tables includes the initial purchase as well as ongoing maintenance, accessories, and upgrades.
Small institutions with budget constraints are unable to purchase expensive surgical tables, particularly when they need to allocate funds to other critical areas, such as medical supplies, personnel, or infrastructure. Additionally, healthcare settings are under constant pressure to optimize their operational cost and achieve cost-efficiency. However, the high cost of surgical tables deters facilities from investing in new models that reduce the adoption of surgical tables.
Market Opportunity- Emerging Market and Rising Demand for Minimally Invasive Surgeries
The demand for surgical tables is rising in emerging markets, due to increasing healthcare infrastructure development, rising healthcare expenditure, and improving access to medical facilities. Countries in Asia, Latin America, and the Middle East are witnessing significant investments in healthcare, which create opportunities for the surgical tables market to expand in these countries.
The Asia Pacific economies experienced annual growth in real health expenditure in GDP per capita of 6.4% over the 2010-18 period. Minimally invasive surgeries have gained significant popularity, due to their benefits such as reduced scarring, fast recovery times, and few complications.
Surgical tables that are specifically designed to accommodate minimally invasive procedures are in high demand. Thus, the market has an opportunity to cater to the growing trend by offering specialized tables with features such as enhanced maneuverability and adjustable position.
Scope of the Surgical Tables Market Report
The report on the global Surgical Tables market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Surgical Tables Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Type (General surgical tables and Specialty surgical tables), Type (Powered and Non-powered), Application (Upper extremities, Lower extremities, and Back & Spine), End-use (Hospitals, Ambulatory surgical centers, and Specialty clinics & trauma centers)
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Regional Scope
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Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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AGA SANITÄTSARTIKEL GMBH, ALVO Medical Sp. z o.o., Baxter International Inc., Getinge AB, Lojer Group, Medacta International, MIZUYHO Corporation, Schaerer Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., SKYTRON, LLC, STERIS plc., Stryker, CONDOR MedTec GmbH, and Innovative Medical Systems.
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Segmental Outlook
Based on product type, the market is segmented into general surgical tables and specialty surgical tables. The general surgical tables segment is expected to hold a considerable share of the market during the forecast, owing to the growing number of surgeries across the globe.
On the basis of Type, the market is fragmented into powered and non-powered. The powered segment holds a key share of the market, owing to their enhanced surgical precision. Powered surgical tables offer precise motorized adjustments, allowing surgeons to achieve optimal positioning and alignment during surgical procedures. Additionally, powered tables provide flexibility in adjusting height, tilt, and orientation, enabling surgeons to maintain comfortable and ergonomic working postures.
In terms of application, the market is classified as upper extremities, lower extremities, and back & spine. Conditions such as fractures, degenerative joint diseases, and sports injuries affecting the upper extremities are becoming prevalent. This has led to a high demand for surgical interventions to treat these conditions, thereby driving the segment.
On the basis of end-use, the market is fragmented into hospitals, ambulatory surgical centers, and specialty clinics & trauma centers. The hospital segment holds a key share of the market, owing to the rising demand for varieties of surgeries globally, which in turn, fuel the demand for hospitals.
Regional Outlook
Based on regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2022, due to the growing surgical procedures in the region, especially in the US. Europe is expected to account for a market share of XX% in 2031, owing to continuous advancement in the technology of surgical tables. The integration of advanced technologies in surgical tables boosts the market.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Surgical Tables Market
- Historical, Current, and Projected Market Size in Terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Surgical Tables Market Performance
Segments
By Product Type
- General Surgical Tables
- Specialty Surgical Tables
By Type
By Application
- Upper Extremities
- Lower Extremities
- Back & Spine
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics & Trauma Centers
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Market Players Profiled in the Report
- AGA SANITÄTSARTIKEL GMBH
- ALVO Medical Sp. z o.o.
- Baxter International Inc
- Getinge AB
- Lojer Group
- Medacta International
- MIZUYHO Corporation
- Schaerer Medical
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- SKYTRON, LLC
- STERIS plc.
- Stryker
- CONDOR MedTec GmbH
- Innovative Medical Systems
Competitive Landscape
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Manufacturers operating in the global Surgical Tables market are AGA SANITÄTSARTIKEL GMBH, ALVO Medical Sp. z o.o., Baxter International Inc., Getinge AB, Lojer Group, Medacta International, MIZUYHO Corporation, Schaerer Medical, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., SKYTRON, LLC, STERIS plc., Stryker, CONDOR MedTec GmbH, and Innovative Medical Systems.
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Market players are pursuing strategies such as acquisitions, product launches, collaborations, and geographic expansion to leverage untapped opportunities in the global Surgical Tables market.
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