Operating tables are specialized medical devices used in operating rooms for patient positioning during surgical procedures. These tables allow medical professionals to adjust and maneuver patients as needed during various stages of surgery. Key features of operating tables include adjustable height, tilt capacity, radiolucency, and compatibility with imaging equipment such as MRI and CT scanners. Operating tables are essential equipment found in any hospital setting where surgeries are performed.
The global operating table market is estimated to be valued at US$ 1.73 billion in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the operating table market is the development of hybrid operating tables. Hybrid tables allow procedures to be performed under imaging guidance through integration with X-ray, CT, or MRI machines. This enables image-guided minimally invasive surgeries. Hybrid operating tables provide enhanced surgical workflows by allowing real-time imaging during procedures without repositioning the patient. Major players are focusing on developing advanced hybrid tables with advanced positioning capabilities and compatibility with multiple imaging modalities. This is expected to drive the hybrid operating tables segment during the forecast period.
Porter’s Analysis
Threat of new entrants: Operating Table is a highly technical market and requires significant investment which increases barrier to entry.
Bargaining power of buyers: Large number of players in the market gives buyers bargaining power by negotiating on price.
Bargaining power of suppliers: Suppliers have some bargaining power over buyers due to proprietary technologies.
Threat of new substitutes: Limited threat of substitutes in the operating table market as it offers unique functionality.
Competitive rivalry: Intense competition among existing players like Avery Dennison, 3M results in pricing pressures.
Key Takeaways
The Global Operating Table Market Growth is expected to witness high. The global operating table market is estimated to be valued at US$ 1.73 billion in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031.
The operating table market in North America is expected to hold the largest market share owing to growing surgical procedures and technological advancements in the region. The Asia Pacific region is anticipated to grow at the fastest CAGR during the forecast period due to rising healthcare expenditure and developing healthcare infrastructure in countries like China and India.
Key players related content comprises
Key players operating in the operating table market are Avery Dennison, 3M, Henkel. Operating tables are an integral part of modern day healthcare systems and the growing medical tourism industry would drive demand for their products. The key players are focusing on developing advanced products by integrating new technologies to gain a competitive edge in the market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
