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Surgery Tables Market - Forecasts from 2019 to 2024

  • ID: 4801711
  • Report
  • 113 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • Barrfab
  • Getinge AB
  • Hill-Rom Services Inc.
  • Merivaara Corporation
  • Mizuho OSI
  • Steris plc
  • MORE
The surgery tables market is estimated to witness a CAGR of 4.00% to reach US$794.516 million in 2024 from US$628.053 million in 2018. Increasing healthcare investment around the globe is a key driver for the growth of the surgery tables market. In the recent years, there has been a gradual shift from manual operating tables to more sophisticated operating tables, these newly advanced tables increase the efficiency of the surgical process and are being increasingly preferred by the surgeons around the world. Increasing product innovations by major companies in order to gain a competitive edge is anticipated to boost the market for surgery tables in the upcoming years. However, the high cost involved with these sophisticated operating tables is considered as the restraining factor for the growth of the market.

The surgery tables market has been segmented on the basis of type, end user and geography. In the type segment, the general surgery tables are expected to hold a significant market share owing to the low cost, widespread usage, increasing demand and the growing number of healthcare institutions worldwide. Further, in the end user segment, Hospitals are anticipated to grow at a substantial rate on account of the growing number of health infrastructure and increasing number of operating rooms.

Geographically, The Asia-Pacific is projected to be a dominant region owing to the rising investment by public and private players for the development of hospitals and healthcare facilities. North America is also anticipated to be a prominent region due to the rising number of healthcare centers.

Drivers

Growing number of healthcare facilities.

Rising geriatric population.

Restraints

High cost of advanced surgical tables.

Industry Update

In January 2018, Merivaara Corporation launched a new operating table Practico series, Practico Max Hi goes up to 1 143 mm (45 inches), and the Practico Max Lo goes down to 540 mm (21.3 inches) making them the most mobile tables.

The major players profiled in the surgery tables market include Stryker, Steris plc, Getinge AB, Hill-Rom Services Inc., Surgical Tables Inc, Mizuho OSI, Barrfab, Merivaara Corporation, and AMTAI Medical Equipment, Inc.

Segmentation

The surgery tables market has been analyzed through the following segments:

By Type
  • General Surgery Tables
  • Neurology Tables
  • Urology and Cysto Tables
  • Imaging Tables
By End User
  • Hospitals
  • Ambulatory Surgery Centers
By Geography
  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • Israel
  • Others
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Others
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Barrfab
  • Getinge AB
  • Hill-Rom Services Inc.
  • Merivaara Corporation
  • Mizuho OSI
  • Steris plc
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. SURGERY TABLES MARKET BY TYPE
5.1. General Surgery Tables
5.2. Neurology Tables
5.3. Urology and Cysto tables
5.4. Imaging Tables

6. SURGERY TABLES MARKET BY END USER
6.1. Hospitals
6.2. Ambulatory Surgery Centers

7. SURGERY TABLES MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES
9.1. Stryker
9.2. Steris plc
9.3. Getinge AB
9.4. Hill-Rom Services Inc.
9.5. Surgical Tables Inc.
9.6. Mizuho OSI
9.7. Barrfab
9.8. Merivaara Corporation
9.9. AMTAI Medical Equipment, Inc.
Note: Product cover images may vary from those shown
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  • Stryker
  • Steris plc
  • Getinge AB
  • Hill-Rom Services Inc.
  • Surgical Tables Inc.
  • Mizuho OSI
  • Barrfab
  • Merivaara Corporation
  • AMTAI Medical Equipment Inc.
Note: Product cover images may vary from those shown
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The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.

 

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