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Surgical Table Market Size

  • Report ID: GMI3342
  • Published Date: Oct 2022
  • Report Format: PDF

Surgical Table Market Size

Surgical Table Market size was worth more than USD 1.3 billion in 2021 and is anticipated to expand at over 3.5% CAGR between 2022-2030.

 

Technological advancements in medical equipment and rising healthcare expenditure across developed and developing economies will complement the industry growth. Countries worldwide are investing in advanced healthcare technologies, software, and medical devices to strengthen surgical capabilities and improve overall patient care. The advent of next-generation technologies such as artificial intelligence (AI), machine learning (ML), the internet of things (IoT), and robots have enabled the development of new medical systems that can help healthcare experts to improve surgery outcomes.

 

Robust investments in healthcare infrastructure will help with the introduction of modern medical systems in clinical settings. According to the Centers for Medicare & Medicaid Services, the overall healthcare expenditure in the U.S. in 2020 was around USD 4.1 trillion, showcasing a growth of 9.7%. This accounted for nearly 19.7% of the total Gross Domestic Product (GDP) of the nation. It certainly indicates strong potential for the deployment of medical equipment for ERs and operating rooms over the coming years.
 

High cost of composite surgical tables could restrain surgical table market progress. Composite surgical tables are relatively expensive which is a key factor impacting their large-scale utilization. In developing and under-developed regions, limited spending on healthcare infrastructure has negatively influenced the purchase of high-end surgical tables.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market size for surgical table was valued at over USD 1.3 billion and is projected to witness over 3.5% CAGR between 2022-2030.

The non-powered surgical table industry value will be more than USD 280 million by 2030, with the consistent rise in the need for surgical interventions for chronic disease patients.

Asia Pacific surgical table market is anticipated to exhibit over 4.5% CAGR from 2022-2030 on account of the rising prevalence of chronic diseases in countries such as India and China.

Getinge AG, Stryker Corporation, Steris PLC, Mizuho, Skytron, Schaerer Medical, and Narang Medical Limited are some of the leading companies in the market.

Surgical Table Market Scope

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 10
  • Tables & Figures: 355
  • Countries covered: 18
  • Pages: 226
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