Surgical Tables Market 2023 Size, Share, Revenue Trends and Growth Drivers
The Surgical Tables Market 2023 Size Forecast to 2030 research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.
The global surgical tables market size stood at USD 896.8 million in 2018 and is projected to reach USD 1,204.2 million by 2026, exhibiting a CAGR of 3.8% during the forecast period Surgical Tables Market Size, Share & Industry Analysis, By Product Type (General Surgery Tables, Orthopedic Tables, and Imaging Tables), By Type (Powered, Non-powered), By End User (Hospitals & ASC’s, and Specialty Clinics & Trauma Centers) and Regional Forecast, 2019-2026
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Market Growth Drivers:
The developed countries are witnessing an altogether different scenario in terms of hospital infrastructure, and development. There is a gradual decline in number of hospitals in developed countries such as Germany, France, etc., owing to consolidation of hospitals, and a shift of outpatient and patients suffering from chronic diseases towards homecare settings. However, this has not limited the demand for surgical tables from healthcare facilities in these countries, owing to existing facilities focusing on capacity expansion to cater the growing inflow of patients for surgical procedures.
The scenario in developing countries portrays a contrasting image, where there is a marked and rapid development in the hospital infrastructure. Increasing investments by public and private sectors alike in the healthcare and hospital infrastructure, and the growing number of public-private partnerships in countries including Brazil, China, and other countries, has led to an exponential increase in the number of hospitals and other healthcare settings during the past 5-10 years. This is further projected to grow gradually, citing the investments, and pipeline projects in 2018. This has been instrumental in fueling the demand for new shipments of surgical tables, and boost the growth of the global surgical tables market.
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Who are the Major Surgical Tables Market Vendors?
- Trumpf Medical (HillRom Services, Inc.)
- Merivaara Corp.
- Getinge AB
- Steris plc.
- Staan Bio-Med Engineering Private Limited
- AGA SANITTSARTIKEL GMBH
- Mizuho OSI
- SCHAERER MEDICAL
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period [2022 – 2029].
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