Surgical Table Market Size By Product (General Surgical Tables, Specialty Surgical Tables {Bariatric Surgical Tables, Neurology Surgical Tables, Urology Surgical Tables, Orthopedic Surgical Tables} Pediatric Surgical Tables, Radiolucent Surgical Tables),

Surgical Table Market Size By Product (General Surgical Tables, Specialty Surgical Tables {Bariatric Surgical Tables, Neurology Surgical Tables, Urology Surgical Tables, Orthopedic Surgical Tables} Pediatric Surgical Tables, Radiolucent Surgical Tables), By Device (Powered {Electric, Hydraulic, Hybrid}, Non-powered), By Materials (Metals, Composite), By End-Use (Hospitals and Clinics, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2030

The global surgical table market is slated to expand at a considerable rate through 2030 owing to the increasing geriatric population that is highly vulnerable to several disorders.

The demand for surgical tables is also likely to be propelled by the growing number of hospitals and ambulatory surgical centers across various developed and developing countries.

Recently, many notable companies in the surgical table industry have taken up initiatives like mergers and acquisitions to cater to the increasing product demand. For instance, in November 2020, STERIS plc, an Irish-domiciled medical equipment company, announced the takeover of Key Surgical, a producer and supplier of surgical equipment.

The surgical table industry has been bifurcated in terms of product, device, material, end-use, and region.

Based on the product, the pediatric surgical tables segment is estimated to grow at a steady CAGR of more than 3.5% and reach more than $90 million by 2030 end. The growth can be credited to the rising occurrence of pediatric disorders such as anemia, asthma, diphtheria, leukemia, as well as cystic fibrosis, among others, which has resulted in an increase in the number of surgical procedures.

With respect to device, the powered segment is set to proliferate strongly over 2022-2030 given the increase in surgical procedures as well as the numerous clinical benefits provided by powered surgical tables.

In terms of material, the surgical table industry has been categorized into metal and composite. The metal segment is projected to exhibit a healthy growth rate over the forthcoming years credited to the metal surgical tables' accessibility and cost. The material’s cost effectiveness is also expected to contribute to the segmental growth.

Meanwhile, the composite segment registered a market revenue of more than $330 million in 2021 and is anticipated to expand at a CAGR of more than 4% through 2030. The segmental expansion is ascribed to the surgical table's positioning surface, which is made of carbon fiber and can be positioned both longitudinally and laterally.

Based on the end-use, the ambulatory surgical centers segment is speculated to capture a sizeable market share over the forecast years. The surging patient inclination toward ambulatory surgical centers (ASCs) for optimal care, cost-effectiveness, and shorter stay is largely responsible for the significant segmental revenue share.

From the regional front, the North America surgical table market recorded a market share of more than 35% in 2021 and is slated to grow at a significant rate over 2022 and 2030 owing to the increasing prevalence of co-morbid and morbid conditions that has added to the disease burden.