The Global Surgical Table Market to grow from USD 934.03 Million in 2019 to USD 1,661.61 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 10.07%.
Market Segmentation & Coverage:
The research report categorizes the Surgical Table Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Technology, the Surgical Table Market studied across Electric, Hydraulic, and Manual.
Based on Surgery Type, the Surgical Table Market studied across Bariatric Surgical Table, General Surgical Table, Neurology Surgical Table, Orthopaedic Surgical Table, Specialty Surgical Table, and Urology Surgical Table.
Based on Material, the Surgical Table Market studied across Composite and Metal.
Based on End-use, the Surgical Table Market studied across Ambulatory Surgical Centers and Hospitals.
"The Asia-Pacific is projected to witness the highest growth during the forecast period"
Based on Geography, the Surgical Table Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Americas commanded the largest size in the Surgical Table Market in 2019, followed by the Europe, Middle East & Africa. On the other hand, the Asia-Pacific expected to grow at the fastest CAGR during the forecast period, followed by the Europe, Middle East & Africa.
The factors attributing to the growth of the market are rising healthcare spending on service improvements all across the world, an increasing number of ambulatory surgical centers and hospitals to meet medical needs, and growing number of surgeries due to chronic disease and accidents. However, some factors such as high price composite surgical table may hinder the market growth. The Surgical Table Market expected to showcase the opportunities such as technology advancements in surgical tabled and growing geriatric population in several economies. Soon market may face the possible challenges in the growth due to certain cases of surgery table failure and lack of skilled labor for handling sophisticated surgical tables in developing nations. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable 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.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Surgical Table Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Surgical Table Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Surgical Table Market, including AGA Sanitätsartikel GmbH, ALVO Limited Liability Company Sp. k., Amtai Medical Equipment Inc, Berchtold GmbH & Co. KG, BRUMABA GmbH & Co. KG, Denyers International PTY, Eschmann Holdings Ltd, Getinge AB, Heal Force Bio-meditech Holdings Limited, Hill-Rom Holdings Inc, Infinium Medical, Lojer Oy, Merivaara Corp., Mizuho Medical Co. Ltd, Narang Medical Limited, S I Surgical Private Limited, Skytron LLC, Staan Bio-Med Engineering Private Limited, Steris PLC, and Stille AB.