Surgical Tables Market to Gain Traction; Integration of Hybrid Operating Rooms in Hospitals to Enable Growth, sates Fortune Business Insights™
The global surgical tables market size is expected to reach USD 1,204.2 million by 2026, exhibiting a CAGR of 3.8% during the forecast period. An operating room offers technologically advanced equipment to surgeons for performing surgical procedures with efficiency. An operating table plays an important role in surgical procedures and is considered the essential equipment. The surgical table requires advanced technology and high-end specifications with an aim to enable healthcare providers to perform different types of procedures. Furthermore, the rising focus of market players towards the introduction of advanced surgical tables will promote the healthy growth of the market. For instance, Hill-Rom Holdings, Inc., manufacturer of hospital beds, furniture, other health care equipment, announced the acquisition of Trumpf Medical in 2014, which propelled the company to one of the leading players in the surgical tables market. In addition, the sale of these surgical products will strengthen the company’s product portfolio, which, in turn, will create growth opportunities for the market.
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Launch of Allen Advance Table Lateral System to Speed Up Growth Process
Surgical tables usually last for 10 to 15 years and require replacement after its lifecycle. They are thus creating demand for new advanced surgical tables, which in turn will boost the surgical tables market trends. The rapid advancements in surgical tables by market players and the introduction of procedure specific operating tables have further led to the replacement of obsolete models with advanced surgical tables. Furthermore, in Jan 2017, Hill-Rom Surgical Solutions announced the launch of the Allen Advance Table Lateral System, a unique new offering to complement the Allen Advance Table. The launch of the innovative Advance Table Lateral System will accelerate the surgical tables market revenue owing to the performance upgraded advancement in the system. For instance, Dr. Dirk Ehlers, president of Hill-Rom Surgical Solutions said in a statement, “Our new Advance Table Lateral System is designed for lateral approaches in spinal surgery, and the System provides a flexing, lateral platform and allows for a unique 90° rotation of the patient from lateral directly into a prone position when used with the Allen Advance Table."
Demand for Imaging And Specialty Surgery Tables to Boost Growth in North America
The market in North America generated a revenue of USD 278.8 million in 2018 and is projected to grow radically in the forthcoming years owing to the rising demand for powered surgical tables. The integration of hybrid operating rooms in the hospitals will further boost surgical tables market share in North America. The rising demand for imaging and specialty surgery tables in the U.S. and Canada will also accelerate revenue in the region. In addition, an increasing number of ambulatory surgery centers in the U.S. and expansion of pre-exisiting hospitals will augment the healthy growth of the market in North America.
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