Operating tables and lights are integral medical devices used in operating rooms for surgical procedures. Operating tables provide a stable and adjustable surface for patients and support medical staff during surgical interventions. They come equipped with features such as adjustable height, positions, battery backup, and anatomical articulation points. Operating lights or surgical lights provide a focused beam of bright light over the surgical site to ensure optimal visualization. They help medical staff perform complex surgeries across various clinical specialties including orthopedics, neurosurgery, plastic surgery, and bariatric surgery. Growing prevalence of chronic diseases, rise in geriatric population undergoing surgeries, and increasing volume of complex surgical procedures are major factors driving the demand for specialized operating tables and lights.
The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Growing demand for specialized operating tables: The increasing volume of complex surgical procedures such as bariatric, trauma, and reconstructive surgeries have augmented the demand for specialized operating tables equipped with features like radiolucent carbon fiber frames, integrated accessory rails, tilt mechanisms, and overweight patient capacity. Manufacturers are focusing on developing multi-functional tables with advanced features tailored to specific clinical specialties which is expected to drive the market growth over the forecast period.
Rising healthcare expenditure in emerging economies: Countries in Asia Pacific and Latin America are witnessing substantial economic growth. Along with growing disposable incomes, there is an increase in healthcare spending by both public and private players in these regions. This is positively impacting the installation of new operating rooms and adoption of technologically advanced operating tables and lights in hospitals and surgical centers. The emerging markets present lucrative opportunities for established as well as local players in the operating tables and lights market.
Segment Analysis
The operating tables and lights market is dominated by the medical segment. Over 70% of the market demand comes from medical uses as operating tables and lights are a core requirement for surgical procedures. They provide surgeons the necessary ergonomics, light intensity, and maneuverability needed during operations. The growing number of surgeries due to rising chronic diseases and accidents is driving demand in this segment.
PEST Analysis
Political: Governments across regions are increasing healthcare expenditure to boost access to surgical facilities and modern medical equipment. This is positively impacting investments in operating tables and lights.
Economic: As economies grow, wealth and affordability increase for quality healthcare services. This expands access to surgical procedures conducted with operating tables and lights.
Social: Lifestyle diseases and road accidents are major causes of injuries necessitating surgeries. The rising occurrences are augmenting the need for surgical equipment like operating tables and lights.
Technological: Advanced features in modern operating tables like adjustable positions, integrated light systems, and compatibility with diagnostic devices are becoming critical for surgeons. This drives replacements and upgrades.
Key Takeaways
The Global Operating Tables And Lights Market Size is expected to witness high growth over the forecast period. The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030.
North America currently dominates the market owing to advanced healthcare infrastructure and high patient affordability in countries like the US. The region witnesses over 40% of all surgeries conducted annually worldwide.
Regional analysis key players operating in operating tables and lights are Mueller Sports Medicine, Allengers Medical Systems, and Trumpf Medical. Mueller Sports Medicine specializes in arthroscopic systems and equipment for joint operations. They have a strong position in the operating tables category.
Key players like Getinge, STERIS, Merivaara, Dragerwerk, and Hill-Rom Holdings are major players in this market. Getinge is a leader with comprehensive offering of surgical equipment including operating tables, lights, and complementary products. Their solutions are suitable for a range of surgical specialties from orthopedics to bariatric procedures.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it