by Operating tables and lights are essential medical equipment used in operating rooms and intensive care units. Operating tables are used to position patients comfortably and safely during surgical procedures while operating lights provide focused illumination of the surgical site. The demand for such medical equipment has been rising globally due to the increasing number of surgical procedures being performed.
The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing number of surgical procedures being performed worldwide is a key driver boosting the operating tables and lights market growth. As per estimates, over 320 million surgical procedures are performed globally each year. Rising incidence of chronic diseases such as cardiovascular diseases and cancer which often require surgical treatment has significantly increased demand for operating room equipment. Additionally, growing geriatric population prone to age-related diseases and injuries also contributes to market growth. Factors such as rapid technological advancements resulting in user-friendly and advanced equipment and growing healthcare expenditure in emerging nations further support market expansion over the forecast period.
SWOT Analysis
Strength: Operating tables and lights offer advanced features and precision for various surgical procedures. They provide ergonomic design and positioning to surgeons for efficiency.
Weakness: High cost of advanced operating tables and lights limits their adoption in smaller healthcare facilities and hospitals. Stringent regulatory approvals also increases time to market.
Opportunity: Rising surgical volumes and growing demand for minimally invasive surgeries are major growth drivers in emerging markets. Development of hybrid operating rooms further expands scope of operating tables and lights.
Threats: Threat of substitutes such as mobile C-arms and alternative surgical imaging devices. Reprocessing and reuse of certain operating room equipment also poses challenge.
Key Takeaways
The Global Operating Tables And Lights Market Size is expected to witness high growth. The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030.
North America dominates the operating tables and lights market currently due to higher surgical volumes and better reimbursement scenario for hybrid operating rooms. Asia Pacific is expected to grow at the fastest rate during the forecast period owing to infrastructure investments and focus on expanding healthcare access in major economies.
Key players
Key players operating in the Operating Tables and Lights market are Mueller Sports Med, Merivaara, Eschmann Equipment, Stryker, Skytron, Mizuho OSI, Hill-Rom Holdings, STERIS, Stille, Schaerer Medical.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
