Surgical Tables Market Size, Share & Trends Analysis Report By Product Type, By Type (Non-powered, Powered), By Material (Metal, Composite), By End-use, By Region, And Segment Forecasts, 2023 - 2030
The global surgical tables market size is expected to reach USD 2.34 billion by 2030, registering a CAGR of 6.6% from 2023 to 2030, according to a new report by Grand View Research, Inc.Rising prevalence of chronic diseases and the increasing patient population requiring surgical tables along with high adoption of advanced surgical systems are factors anticipated to augment the market growth. Recent technological advancements in surgical instrumentation have improved the operating process. Due to this, surgical procedures will become safer, faster, and less stressful in the future. While surgical tables with features that might be considered novel are being developed, basic requirements for surgical tables tend to increase. In addition, increasing patient preference for non-invasive procedures, which require advanced surgical tables and need patients to be positioned differently, is predicted to foster overall market growth.
Advancements in surgical procedures require new positioning devices including surgical tables and other new accessories. Some of the surgical tables are designed to facilitate specialty procedures, such as shoulder injury. Furthermore, the requirement for advanced surgical instruments including surgical tables is increasing specifically among various hospitals in developing and developed economies. Several market players are focusing on advancing and launching innovative surgical tables to expand their global reach. For instance, in October 2021, Stille announced a collaboration with GE Healthcare for the launch of new surgical tables across the U.S. In July 2020, Hill-Rom launched PST 500, a precision surgical table. This product launch helped the company in widening its product portfolio. Such technological advancements by major market players are expected to positively influence market growth.
Surgical Tables Market Report Highlights
Based on product type, the general surgical tables segment held the largest revenue share of 30.7% in 2022 owing to the rising volume of general surgeries, such as cardiovascular, gynecology, and ENT, across the globe
Based on type, the powered surgical tables segment held the largest revenue share of 67.7% in 2022 due to the advantages of these equipment over their counterparts
Based on material, the metal segment held the largest revenue share of 51.1% in 2022 due to the rising number of metal surgical tables manufactured by several market players
Based on end-use, the hospitals segment dominated the market in 2022 due to the increasing number of surgical procedures requiring surgical tables globally
In 2022, North America dominated the market with a share of 35.4% owing to the presence of established players and high product demand. On the other hand, Asia Pacific is anticipated to witness the fastest CAGR over the forecast period due to the rising incidence of cardiovascular diseases (CVDs) and growing c cases across several countries of the APAC region
Some of the major companies operating in the market for surgical tables include Hill-Rom Holdings, Inc.; Steris Plc.; Stryker Corp.; Getinge AB; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; Mizuho Corporation (Mizuho OSI, Inc.); Skytron LLC; Alvo Medical; and Allengers Medical Systems Ltd
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