Home > Pressrelease > Surgical Table Market size to exceed $1.7bn by 2028

Surgical Table Market size to exceed $1.7bn by 2028

  • Published Date: May 5, 2022

Surgical Table Market size is set to surpass USD 1.7 billion by 2028, according to a new research report by Global Market Insights Inc.
 

Rising number of geriatric patients suffering from various chronic diseases and the expenditure related to those treatments have led to a substantial upsurge in surgical procedures among patients, thereby propelling the market value. Increasing number of surgeries have also contributed to fuel the demand for surgical tables in hospitals and healthcare centers.
 

Moreover, the rising burden of chronic diseases and increasing number of surgical procedures for end stage chronic disorders will boost the business landscape. Chronic diseases, such as cancer, neurological disorder, ocular disorders, arthritis, obesity, COPD, etc., are often accompanied by various surgical procedures over the life span of the individual. In addition, the growing inclination for minimally invasive treatments and the expansion of ambulatory surgical facilities are two important factors driving the surgical table market growth.
 

Rising geriatric population is expected to propel the market statistics

Rising geriatric population suffering from end stage chronic disease that requires surgical treatment will fuel the industry outlook. Geriatric populations are easily prone to diseases due to weak immune system and less body responsiveness. Additionally, the geriatric population is expected to grow from 12% to 22% by 2050. Because of an increase in comorbidity and a higher risk of perioperative morbidity and mortality compared to their younger contemporaries, older patients can present special challenges to emergency health care professionals.
 

According to recent data from the Centre for Health Service Economics and Organization, approximately 40% of hospital admissions are people aged older than 65 years. Some cancers become more common as people become older, and approximately 20% of colorectal cancer cases present as an emergency, demanding immediate surgical treatment. The surge in advanced surgical tables has increased the number of successful operational procedures that in turn will augment the surgical table market progression.
 

Increasing use of specialty surgical tables will accelerate the industry trends

Specialty surgical table segment is anticipated to reach USD 690 million by 2028. This is owing to the numerous benefits offered by specialty surgical tables in complex surgical procedures that includes providing precise control over their patients’ movement, sophisticated imaging procedures, and electro-hydraulic operation. Specialty surgical tables in neurology, urology, orthopedic, etc. have increased the rate of successful operations and life expectancy among patients. Several market players are emphasizing to manufacture these devices and accessories with high technological advancements in order to decrease the risk for patients and ease in performing procedures for surgeons. Thus, numerous advantages offered by specialty surgical tables are set to augment the business progression.
 

Browse key industry insights spread across 175 pages with 246 market data tables & 18 figures & charts from the report, “Surgical Table Market Analysis By Product Type (General Surgical Tables, Specialty Surgical Tables {Bariatric Surgical Tables, Neurology Surgical Tables, Urology Surgical Tables, Orthopedic Surgical Tables} Pediatric Surgical Tables, Radiolucent Surgical Tables), Device Type (Powered {Electric, Hydraulic, Hybrid}, Non-powered), Materials (Metals, Composite), End-Use (Hospitals and Clinics, Ambulatory Surgical Centers), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/surgical-table-market
 

Growing adoption of non-powered surgical tables across the globe will spur the industry statistics

Surgical table market from non-powered segment exceeded USD 206 million revenue share in 2021. This is attributed to a surging prevalence of surgical procedures and growing number of patients suffering from chronic diseases. Non-powered surgical table is a platform that is used during surgical procedures and enable surgeons to execute a wide range of surgical operations, including cardiovascular and gynecological treatments.
 

When compared with powered surgical tables, non-powered surgical tables are cost-effective. Various accessories can be attached to the non-powered surgical tables such as foot plate, high-level arm rest, and orthopedic tractor rack, among others. These attachable accessories provide a diversified options to healthcare professionals during surgical procedures. As a result, a host of capabilities possessed by these devices in hospitals and healthcare facilities will influence the business potential.
 

Surging number of composite based surgical tables will augment the market revenue

Surgical table market from composite material segment is predicted to expand at 4.3% CAGR from 2022 to 2028. This is attributed to the easy availability of composite materials, reliability, endurance, comfortability, long lasting and strength offered by the composite material used in surgical tables. Composites are materials developed by combining two or more different materials that have different physical and chemical properties. Composite materials are increasingly being used to create surgical equipment and supports that keep patients secure throughout surgery and recovery.
 

The medical industry has been rapidly adopting polymeric composite material use in their products since the benefits of these low-cost, long-lasting plastics trump traditional metal solutions on multiple levels. Lightweight, robust, sturdy, chemical resistant, and non-corrosive are some of the benefits provided by composite materials used in surgery tables. Carbon fiber is one of the most common composite material used in surgical tables. These carbon fiber surgical tables offer several advantages such as they are flexible, lightweight, eliminate black spot and does not block x-rays. Hence, the aforementioned factors will boost the market forecasts.
 

Growing demand for advanced surgical tables in Germany is estimated to propel the industry scenario

Germany surgical table market and was valued at more than USD 109 million in 2021. This is owing to the rising prevalence of chronic diseases, growing geriatric population base, expansion of ambulatory surgical & specialty centers, etc. The rising prevalence of cancer patients in Germany is increasing at a steady pace every year leading to increased mortality and morbidity. The surging awareness pertaining to the benefits of invasive surgeries and the growing number of surgeries have also resulted in high adoption of advanced surgical tables in the country. Additionally, continuous development and breakthroughs in product advancement by various industry players across the country have uplifted the market opportunities.
 

Companies are focusing on strategies and launch of innovative products to expand customer base

Some of the major market leaders operating in the surgical table market are Getinge AB, Stryker Corporation, Steris Plc, Mizuho, Stille, Skytron, AMTAI Medical Equipment, and Hill-Rom Holdings Inc. These market players are involved in partnerships, agreements, and acquisitions to gain an edge over their competitors.
 

For instance, in January 2021, Getinge launched Maquet Meera CL, an operating table that comes with smart hand control to improve usability. This new product launch helped the company to diversify their product portfolio and increase their customer base thereby enhancing the business revenue.
 

Authors: Sumant Ugalmugle, Rupali Swain