Manufacturers in the global mobile operating tables market are focused on innovations that challenge this market with lower pricing, thus expecting to increase their respective market shares. Companies in this market are also focusing on outsourcing the manufacturing of mobile operating tables to Asia Pacific in order to reduce their manufacturing costs and thus compete in the market with reduced prices. Key players in the market are entering into strategic mergers and acquisitions to expand their product portfolio and market presence across the globe. Leading players in the global mobile operating tables market are focusing on the development of new methods and techniques for multi-functional operations. Companies in the global mobile operating tables market have adopted innovative marketing strategies to gain market share and have increased their focus on upgrading their product line owing to increasing demand among hospitals. In a new report titled “Mobile Operating Tables Market: Global Industry Analysis and Forecast, 2017–2025,” Persistence Market Research analysts have covered the global mobile operating tables market landscape in detail and presented forecasts for the next eight years.
One of our key findings includes a comprehensive assessment of the growth and performance of the various regional mobile operating tables markets. We have observed that the mobile operating tables market in MEA is expected to record comparatively less growth due to low awareness levels regarding the use of technologically advanced operating tables for routine surgical procedures among healthcare professionals. On the other hand, North America represents the most lucrative market, followed by Europe and APAC.
Mergers and acquisitions keep the threat of new entrants at a high level
Our analysts have observed that preventive care is the only alternative to surgical procedures conducted in operating rooms. Also, treatment with pharmaceuticals could be considered as an external substitute for this market. Moreover, there are no direct substitutes for this market that could cause a threat to market growth. The market is dominated by a few major players, thereby keeping the bargaining power of buyers at a low level. On the other hand, the presence of local players and availability of used and refurbished products plays a key role in elevating the bargaining power of buyers to a medium level. The analysts have taken into consideration the factor of ‘threats from new entry,’ while examining this market. Factors such as steady growth, lack of strict regulatory approvals and options for mergers and acquisitions keep the threat of new entrants at a high level. On the other hand, high development and manufacturing costs of such equipment may play a key role in reducing this threat to a medium level.
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The forecast presented in this report assesses the total revenue of the global mobile operating tables market. When developing the market forecast, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. The analysts have triangulated the outcome on the basis of analysis based on supply and demand sides. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalizing them after the forecast has been completed. The report also takes into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the global mobile operating tables market. As previously highlighted, the global mobile operating tables market is split into various categories. All these segments have been analyzed in terms of basis point share to understand segmental contribution to overall market growth. This detailed level of information is important to identify various key trends in the global mobile operating tables market.
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