Hydraulic Surgical Tables Market Highlights 2020-2029
The hydraulic surgical tables market is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. The increase in global healthcare expenditure, along with the growing investment in sophisticated surgical tables to support hybrid operating rooms, are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the increasing number of hospitals and ambulatory surgical centers and the rising preference towards minimally invasive surgeries on a global level.
The market is segmented on the basis of product type into general surgery tables, imaging tables, neurology tables, urology tables, orthopedic tables, and others, out of which, the general surgery tables’ segment is anticipated to grab the largest share by the end of 2021 on account of greater demand for general surgeries than other surgeries. Moreover, general surgery tables are increasingly being used due to their cost-effectiveness, which is also projected to contribute to the growth of the segment during the forecast period.CLICK TO DOWNLOAD SAMPLE REPORT
On the basis of end-user, the general medical & surgical hospitals’ segment in the global hydraulic surgical tables market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the greater rate of adoption of hydraulic surgical tables in general medical & surgical hospitals due to the high demand and strong financial capabilities of general medical & surgical hospitals.
Hydraulic Surgical Tables Market Regional Synopsis
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the Asia Pacific is predicted to grow at the highest CAGR over the forecast period owing to the developing healthcare infrastructure and rising income levels in the region. Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to the well-developed healthcare infrastructure, accompanied by the increasing geriatric population in the region. Along with this, North America also leads in investment by manufacturing enterprises on hydraulic surgical tables, which is also expected to contribute to the market growth in the region. Alternatively, the market in Europe is also anticipated to occupy a significant share in the hydraulic surgical tables market on account of rising healthcare expenditure and high elderly population in the region.
The global hydraulic surgical tables market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the global hydraulic surgical tables market includes the following segments:
By Product Type
- General Surgery Tables
- Imaging Tables
- Neurology Tables
- Urology Tables
- Orthopedic Tables
- Others
By End-User
- General Medical & Surgical Hospitals
- Specialty Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others
Growth Drivers
- Increase in Global Healthcare Expenditure
- Growing Investment in Sophisticated Surgical Tables to Support Hybrid Operating Rooms
Challenges
- High Cost of Hydraulic Surgical Tables
- Lack of Skilled Operators to Handle Sophisticated Tables
Top Featured Companies Dominating the Market
- Getinge
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Hill-Rom Services, Inc.
- Skytron Corporation
- Steris Corporation
- Alvo Medical
- Stille AB
- BiHealthcare
- Lojer Group