Global Operating Table Market 2016-2020 Description
TechNavio - Infiniti Research Ltd.
About Operating Tables
Operating tables play a crucial role in surgical procedures. Their main function is to provide comfort and appropriate posture during surgical procedures. These tables can be fixed operating room portable and need to be maintained in an enclosed sterile operating room to prevent infections while performing surgeries. An increase in the adoption of innovative and advanced operating tables has facilitated effective management of surgeries. Integrated operating tables reduce the complexity of surgeries, which has boosted the development and advancement of operating room integration systems.
Technavio’s analysts forecast the global operating tables market to grow at a CAGR of 3.82% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global operating tables market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of capital equipment.The market is divided into the following segments based on geography:
Technavio's report, Global Operating Tables Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Getinge AB
- Hill-Rom
- Skytron
- STERIS
- Stryker
Other prominent vendors - AGA Sanitätsartikel
- Akrus
- ALVO Medical
- BiHealthcare
- CI Healthcare
- ConVida Healthcare & Systems
- Eschmann Equipment
- Famed Żywiec
- INFIMED
- Medifa-hesse
- Merivaara
- NUOVA BN
- OPT SurgiSystems
- Oricare
- STILLE
- UFSK- OSYS
Market driver - Increase in service and support facilities
- For a full, detailed list, view our report
Market challenge - Increasing number of product recalls
- For a full, detailed list, view our report
Market trend - Rising popularity of hybrid operating tables
- For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Press Release
Technavio Announces the Publication of its Research Report – Global Operating Tables Market 2016-2020
Technavio recognizes the following companies as the key players in the global operating tables market: Getinge AB, Hill-Rom Holdings, Skytron, STERIS, and Stryker.
Other Prominent Vendors in the market are: AGA Sanitätsartikel, Akrus, ALVO Medical, BiHealthcare, CI Healthcare, ConVida Healthcare & Systems, Eschmann Equipment, Famed Żywiec, INFIMED, Medifa-hesse, Merivaara, NUOVA BN, OPT SurgiSystems, Oricare, STILLE, and UFSK- OSYS.
Commenting on the report, an analyst from Technavio’s team said: “The rapid increase in ambulatory surgical centers will be a key trend for market growth. The transformation of healthcare systems worldwide, from being physician-centric to patient-centric, has increased the need for ASCs, which provide patients the accessibility to undergo surgeries safely outside the hospital setting at a shorter duration (within a day operating room two). The shorter duration of hospital stay reduces the financial burden on patients for certain procedures, which increases the number of patients opting for ASCs. This presents significant opportunities for surgeons to establish their own ASCs. In the US, there are more than 5,100 Medicare-certified ASCs, with many surgeons already conducting MI surgeries to gain competitive advantage. ASCs perform most of the laparoscopic surgeries such as cholecystectomy, colectomy, gastric bypass, hysterectomy, and hernia repair.”
According to the report, expanding sales in emerging markets will be a key driver for market growth. Manufacturers are targeting emerging markets through various business strategies to increase their market shares. For instance, in 2013, Olympus Medical Systems, a leading vendor of operating tables and operating room systems, established a training center in Shanghai and Beijing in China to increase the number of endoscopists by offering them adequate training. The company also decided to set up training centers in other parts of Asia to expand its business by spreading knowledge about MI treatments, advantages of early diagnosis, and other procedures. Getinge is also strengthening its position in the emerging market by widening its product offerings for hospitals in these countries. In May 2013, it established a new office in China to train customers to facilitate the sales of highly specialized products.
Further, the report states that high cost of operating tables will be a challenge for the market. Operating table are considered the most revenue generating area for any healthcare facility. They are expensive and classified as capital equipment that require budget allocation and high maintenance. Advances in technology in the field of surgery, along with the shift from open surgeries to MI procedures have increased the need for more flexible operating rooms with advanced equipment such as operating tables, surgical booms, and integration systems.
Companies Mentioned
Getinge AB, Hill-Rom Holdings, Skytron, STERIS, Stryker, AGA Sanitätsartikel, Akrus, ALVO Medical, BiHealthcare, CI Healthcare, ConVida Healthcare & Systems, Eschmann Equipment, Famed Żywiec, INFIMED, Medifa-hesse, Merivaara, NUOVA BN, OPT SurgiSystems, Oricare, STILLE, UFSK- OSYS.
