Market Trends of Surgical Tables Industry
General Surgical Table is Expected to Witness Strong Growth During the Forecast Period
General surgeries, including cardiovascular, gastroenterology, ENT, orthopedic, and gynecology, are some of the most common general surgeries. The demand for general surgical tables is also high due to the high penetration of general surgeries in the market. General surgical tables are the ones on which a patient lies down during a surgical procedure. Their demand is higher than for the specialty tables, as the special ones are used only in very few cases in very few hospitals. Therefore, as the number of surgeries increases, the market's growth also expands.
The growing number of general surgeries is expected to increase the demand for surgical tables, which is likely to propel the segment's growth during the forecast period. For instance, as per the German Heart Surgery Report 2022, 356 isolated heart transplantations, 228 isolated lung transplantations, and five combined heart-lung transplantations were performed in Germany in 2022. Thus, the increasing number of heart operations is expected to increase demand for surgical tables to operate on patients during surgery, thereby boosting the segment's growth.
Technological advancements and novel products in these surgical tables are major factors propelling the market's growth. For instance, in July 2022, Western Engineering and Michigan Tech University collaborated to successfully construct a 3D-printed surgical fracture table, achieving significant cost savings compared to traditional manufacturing methods.
Hence, the increasing number of general surgeries and technological advancement in the surgical tables are expected to contribute to the market's growth during the forecast period.
North America is Expected to Hold a Major Market Share During the Forecast Period
North America is expected to dominate the surgical tables market during the forecast period. The positive reimbursement situation in the United States, the increasing inclination toward minimally invasive surgeries, and the soaring number of surgeries are the major factors driving the growth of the surgical tables market in North America. Furthermore, growing awareness among the population about approaching surgical procedures in case of injuries and chronic disease problems is also driving the market's growth.
The rising number of surgeries concerning cardiovascular and neurological diseases in North America is likely to have a positive impact on the market's growth. For instance, according to the CDC 2022 update, a total of 18.2 million adults had coronary artery disease, and approximately 70% of these patients underwent surgery. Moreover, the United States has nearly 35 million hospital stays each year. Hence, this rise in hospital stays and surgeries is likely to impact the market's growth positively.
The rising burden of chronic diseases, which require surgeries, is expected to boost the market for surgical tables. For instance, as per the Canadian Cancer Statistics 2023 report, about 239.2 thousand new cancer cases were reported in 2023 in Canada, compared to 233.9 thousand in 2022. Thus, the growing burden of cancer is expected to create a demand for surgical tables, thereby boosting the market's growth.
Moreover, there is a huge presence of key players in the market in this region, which is expected to propel at high growth rates. Collaborations between key market players are boosting the market's growth. For instance, in December 2022, HSHS St. Anthony's Memorial Hospital became the first hospital in the United States and North and South America to install and use the newly developed Nautilus operating table and x-ray system from Dornier MedTech.
Hence, the above-mentioned factors, such as a growing number of surgical procedures and chronic diseases, are expected to contribute to the market's growth during the forecast period.
