Surgery Tables Global Market Outlook 2024-2033: Size And Growth Rate Analysis
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Market Growth Trends
- Recent Growth:
- The surgery table market size grew from $1.05 billion in 2023 to $1.12 billion in 2024.
- This growth represents a compound annual growth rate (CAGR) of 6.9%.
- Growth drivers:
- Increase of non-profit organizations.
- Expansion of hospital infrastructure in developing countries.
- Higher incidence of cardiovascular disorders.
- Popularity of contemporary operating tables.
- Prevalence of targeted diseases.
- Future Projections:
- Expected to reach $1.48 billion in 2028.
- Anticipated CAGR of 7.2%.
- Forecast growth factors:
- Rising number of surgeries.
- Increase in ambulatory surgical centers.
- Growing demand for minimally invasive surgeries.
- Rising cases of trauma and injuries globally.
- Need for replacing outdated surgery tables.
- Major trends:
- Integration of advanced imaging technologies.
- Rapid advancements in surgical tables.
- Product innovation.
- Technological advancements.
- Robust investments in healthcare infrastructure.
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Impact of Rising Surgical Procedures
- Driving Factors:
- Increasing surgical procedures boost market growth.
- Surgeries require stable, adjustable, and sterile tables for optimal patient positioning and surgical team accessibility.
- Example: In 2021, 6,541 living donor transplants were performed in the U.S., a 14.2% increase from 2020.
Key Market Players
- Major Companies:
- Stryker Corp.
- Getinge AB
- TRUMPF Medizin Systeme GmbH + Co. KG
- Steris Corporation
- Shenzhen Mindray Bio-Medical Electronics Co. Ltd.
- Hillrom Holdings Inc.
- Mizuho OSI Inc.
- Alvo Medical
- Lojer Group
- STILLE AB
- UFSK-International OSYS GmbH
- Denyers Pty. Ltd.
- Infimed Sp. z o.o.
- AGA Sanitätsartikel GmbH
- Nuvo Inc.
- Allen Medical Systems Inc.
- Medifa GmbH
- OPT SurgiSystems Srl
- Eschmann Holdings Ltd.
- NUVO Surgical
Innovative Mobile Surgical Tables
- Product Development:
- Companies are innovating with mobile surgical tables to meet diverse surgical needs.
- Example: In March 2024, Getinge launched the Corin operating table.
- Features:
- Intuitive controls.
- Advanced feedback lighting.
- Collision detection.
- Tipping prevention.
- Overload detection.
- Customizable sequences and preset surgical positions for flexibility and efficiency.
- Features:
Strategic Acquisitions
- Notable Acquisition:
- In December 2021, Baxter International Inc. acquired Hillrom for $12.5 billion.
- Purpose:
- Broaden product portfolio.
- Enhance expertise in hospital equipment and digital health.
- Strengthen position as a global leader in medical technology.
- Hillrom specializes in manufacturing surgery tables.
Market Segmentation
- By Type:
- Powered
- Non-Powered
- By Product:
- General Surgical Beds
- Specialty Surgical Beds
- Radiolucent Surgical Beds
- Pediatric Surgical Beds
- By Material:
- Metal
- Composite
- By End Users:
- Hospitals
- Ambulatory Surgery Centers
- Other End Users
- Geographical Insights:
- North America was the largest region in the surgery table market in 2023.
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