Surgical Tables Market to Reach USD 1,204.2 Million by 2026; Launch of Hill-Rom’s New Neuro Surgical Table to Facilitate Market Expansion

January 30, 2020 | Healthcare

The global surgical tables market size is expected to reach USD 1,204.2 million by 2026. The rising shift towards advanced surgical tables due to its improved efficiency through ergonomic designs will enable healthy growth of the market in the forthcoming years, states Fortune Business Insights in a report titled “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” the market size stood at USD 896.8 million in 2018 and is expected to register a CAGR of 3.8% between 2019 to 2026.


FDA Approval for Hill-Rom’s New Neuro Surgical Table will Augment Growth


IMRIS, a global provider of intraoperative imaging solutions and Hill-Rom, a leader in hospital beds, furniture, other health care equipment, and medical technology systems announced that Hill-Rom's Trumpf Medical has received approval from the U.S. Food and Drug Administration (FDA) for a new multi-functional operating room table specifically designed for the IMRIS Surgical Theatre. This strategic development involves a new IMRIS MR Neuro tabletop and Hill-Rom's TruSystem 7500 Surgical Table platform with the IMRIS Surgical Theatre to support better patient treatment. The launch of the new innovative surgical table system will fuel demand among medical professionals owing to the intraoperative imaging technologies in the surgical table system, which will allow neurosurgeons to see critical anatomical detail during surgery, without moving the patient from the operating table. Furthermore, The new TruSystem 7500 MR Neuro Surgical Table is integrated with high-end engineered technology comprising of the IMRIS Head Fixation portfolio for optimal patient positioning.


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/operating-table-market-101246


Developing Healthcare Infrastructure to Aid Expansion Process


The increasing demand for surgical tables from healthcare facilities in developed as well as developing countries will boost the surgical tables market share in the forthcoming years. The rising focus of existing facilities towards expansion, to cater to the rising flow of patients for surgical procedures will further create new opportunities for the market. The increasing  investments by public and private sectors in healthcare and hospital infrastructure will subsequently accelerate the market revenue in the near future. Furthermore, the surge in partnerships and collaborations among various private and public companies in countries such as Brazil, China, and others has led to the rapid development in healthcare facilities, which, in turn, will augur well for the market. In addition, various pipeline projects will facilitate the growth of the market, states lead analysts at Fortune Business Insights.


Trumpf Medical’s Focus on launching Innovative Surgical Tables to Contribute Sound Growth to Market


The unceasing focus of Trumpf Medical towards the introduction of advanced surgical tables in the market will boost the surgical tables market trends. Furthermore, the acquisitions and partnerships of companies will also create opportunities for the market. For instance, the acquisition of Trumpf Medical by HillRom Services. These acquisitions are pivotal for strengthening their positions in the surgical tables market.


Some of the Major Companies in the Surgical Tables Market Include:



  • Trumpf Medical (HillRom Services, Inc.)

  • Merivaara Corp.

  • Getinge AB

  • Steris plc.

  • Staan Bio-Med Engineering Private Limited

  • AGA SANITÄTSARTIKEL GMBH

  • Mizuho OSI

  • Alvo

  • SCHAERER MEDICAL


Further Report Findings:



  • Regional Insight: North America stood at USD 278.8 million in 2018, and is projected to grow rapidly during the forecast period. Higher demand for powered surgical tables and integration of hybrid operating rooms in the hospitals will aid expansion in North America

  • Leading Segments: General surgery held a share of 62.6% in 2018 and is predicted to witness high demand during the forecast period because general surgery including cardiovascular surgeries, gynecology surgeries, ENT surgeries, are among the most common surgical procedures performed globally.

  • Significant Development: Acquisition of Trumpf Medical by Hill-Rom with approximately USD 250 million will augur healthy for the market. The transaction closely aligns with the company’s core growth strategies.


The Surgical Tables Market is Segmented into:











































 ATTRIBUTE



 DETAILS



Study Period



  2015-2026



Base Year



  2018



Forecast Period



  2019-2026



Historical Period



  2015-2017



Unit



  Value (USD million)



 



By Product Type



  • General Surgery Tables

  • Orthopedic Tables

  • Imaging Tables



By Type



  • Powered

  • Non-powered



By End User



  • Hospital & ASC’s

  • Specialty Clinics & Trauma Centers



By Geography



  • North America (U.S. and Canada)

  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, and Rest of Latin America)

  • Middle East & Africa (South Africa, Saudi Arabia, UAE and Rest of Middle East & Africa)



 


 

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