The operating table market comprises surgical tables that are used in hospitals for surgeries. Operating tables provide a stable and sturdy platform for surgical procedures and come equipped with features such as adjustable table tops, side rails, built-in lightings among others. Modern operating tables feature advanced technologies such as integrated x-ray capabilities, built-in surgical equipment and improved patient positioning and mobilization aids. This enables enhanced workflow efficiency in operating rooms and improved surgical outcomes. With growing complexity of surgeries, there is an increased demand for operating tables that provide surgeons with flexibility, control and precision during procedures.
The Global Operating Table Market is estimated to be valued at US$ 1.73 Mn 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 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. With the increasing number of surgeries being performed globally, there is a rising demand for technologically advanced operating tables that improve operational efficiency. Leading manufacturers are investing heavily in research and development to introduce innovative table designs integrated with advanced imaging and navigation assistance.
The growing geriatric population susceptible to chronic diseases and injuries has significantly driven the number of surgical procedures performed worldwide. This in turn is propelling the demand for operating tables across hospitals and ambulatory surgical centers. Additionally, increasing healthcare expenditure in developing nations is also providing a fillip to market growth.
Market drivers
One of the key drivers for The Operating Table Market is the rising adoption of minimally invasive surgical procedures. Minimally invasive techniques such as laparoscopy require the operating table to offer enhanced patient positioning and mobility aids to facilitate surgical access and visualization. This is driving manufactures to integrate advanced features such as flexible table tops, multi-dimensional movements into new product launches. Furthermore, growing healthcare infrastructure expansion in developing markets along with increasing public and private investments is also expected to boost the demand for operating tables over the forecast period.
Impact of Geopolitical Situation on Operating Table Market Growth and Regions
The current geopolitical instability and supply chain disruptions are impacting the growth of the operating table market. The Russo-Ukrainian war has increased the prices of raw materials like steel and electronics. This is negatively impacting manufacturers' profit margins. Additionally, strict export restrictions and sanctions on Russia are disrupting supply chains and increasing lead times. This challenge is more prominent in the European region which has strong trade relations with both countries.
The COVID-19 pandemic also changed priorities in the healthcare industry globally. Many elective surgeries were postponed to prioritize resources for COVID-19 treatment. This reduced demand for operating tables in 2020-21. However, as the pandemic situation eases, demand is recovering fast, especially in developing regions of Asia Pacific and Latin America aiming to expand healthcare infrastructure.
To ensure smooth supply, companies are diversifying their supplier base and optimizing inventory management. They are also focusing on developing low-cost offerings for cost-sensitive markets and upgrading technologies to boost performance and enable advanced surgeries. Adopting sustainable manufacturing practices can further aid their business resilience amid geopolitical uncertainty. The recovery in elective surgeries and investments in healthcare capacity expansion will support market growth over the forecast period despite short-term disruptions.
North America is currently the most lucrative market for operating tables in terms of value, accounting for over 35% revenue share. This is attributed to the high penetration of advanced medical infrastructure, rising prevalence of chronic diseases, and continuous technology upgrades in countries like the US and Canada.
Asia Pacific is poised to be the fastest growing region at a CAGR of around 9% through 2030 driven by India, China, and other Southeast Asian countries. Favorable government policies supporting healthcare modernization, growing medical tourism, and increasing disposable incomes are aiding the regional market growth. This trend is expected to continue even as countries focus on building self-reliance in domestic supplies post-COVID-19.
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