Global Surgical Tables Market: Overview
The report on the global surgical tables market presents a detailed assessment of the market and reliable forecasts regarding its likely growth trajectory in the coming years. The global surgical tables market is assessed on all fronts, including the hierarchy of its segmentation, the major factors influencing its growth, and the leading players staking a claim in it. The comprehensive view provided in the report is backed up by solid facts collated from reliable first- and second-hand sources and reliable market figures. The latest figures for the global surgical tables market are elaborated upon in detail in the report in order to provide readers a clear picture of the market’s current standpoint. The analysis of the current figures is combined with insight derived from analysis of the global surgical tables market’s historical trajectory to derive solid projections regarding the way the market is likely to progress in the coming years.
Surgical tables are a key need in the healthcare sector and have thus benefited significantly from the growing investment in the healthcare sector in developed as well as developing countries. The surgical tables market has also benefited from the steady technological development embraced by the healthcare sector, which has resulted in the development of consistent progressions in design, boosting the demand from the surgical tables market. The rising economic prominence of the healthcare sector in the coming years is likely to ensure stable growth of the global surgical tables market in the near future.
The global surgical tables market was valued at US$837.1 mn in 2017. Exhibiting a steady 3.9% CAGR in the 2017-2022 forecast period, the surgical tables market is expected to reach US$1,014.3 mn by 2022.
Global Surgical Tables Market: Dynamics
The report provides a clear look into the dynamics of how various influential factors affect the global surgical tables market. The most important factors affecting the market are provided with great attention, with its relationship with the surgical tables market analyzed carefully to derive useful insight. Factors hindering the global surgical tables market are also assessed in detail in the report, which becomes a key tool for players to know what pitfalls to avoid. In dynamic markets such as the surgical tables market, with rapid influx of investment resulting in an unstable landscape, small matters can make a difference.
The steady growth of the healthcare sector across the world is likely to remain the prime driver for the global surgical tables market. Healthcare industry players have started to pay attention to the growing need for advanced and innovative design in the medical devices industry, which has driven the development of innovative variants of various surgical implements, including the surgical tables market.
Global Surgical Tables Market: Segmentation
Non-powered surgical tables dominate the global surgical tables market in terms of product type. The non-powered surgical tables segment was valued at US$619.1 mn in 2017, representing 74% of the market. Growing at a CAGR of 4.3%, the segment is expected to grow to US$765.7 mn by 2022, accounting for 75.5% of the global surgical tables market.
Geographically, North America is the dominant contributor to the global surgical tables market due to the widespread adoption of advanced surgical equipment in developed countries such as the U.S. and Canada. The North America surgical tables market was valued at US$246.9 mn in 2017 and is expected to exhibit a steady 4.1% CAGR in rising to US$301.5 mn by 2022.
Global Surgical Tables Market: Competitive Dynamics
Leading players in the global surgical tables market are analyzed in the report in order to provide readers with a clear picture of the competitive dynamics of the global surgical tables market. Regulatory factors influencing the major competitive trends in the global surgical tables market are assessed in the report. Key companies examined in the report include AMTAI Medical Equipment, Inc., Allengers Medical Systems Limited, C-RAD AB, Getinge AB, Skytron Inc., STERIS, Elekta AB, Span America Medical System Inc., and Stryker Corporation.
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