Market Insights

The global carbon composite operating tables market is estimated to grow at a healthy pace over the next five years to reach an estimated value of US$ 367 million in 2026. In the medical industry, carbon composites are increasingly preferred in applications, such as radiographic imaging tabletops, cradles, prosthetics, tabletop extension & accessories, oncology treatment overlays, positioning products, and surgical table components. Operating tables with carbon composite tabletop offer radiolucency which makes them suitable for hybrid operating rooms and diagnostic imaging.

Covid-19 Impact Analysis

The outbreak of the COVID-19 pandemic has negatively impacted the carbon composite operating tables market. Disruption of the international supply chain shook the market, especially in developing nations. Clinical trial data collections for medical devices have also been disrupted owing to the lockdown, restricting the market growth prospects. The market is expected to recover from 2021 onwards as regulatory approvals for medical devices pick up the pace again.

Segments' Analysis

Carbon Composite Operating Tables Market Share by Technology Type

Stratview Research has firstly segmented the market based on the technology type into manual and powered tables. Manual tables are likely to remain a larger segment of the market during the forecast period due to their lower price coupled with the ease of use associated with such tables. Powered tables are expected to grow at a faster rate owing to precision in tabletop movements.

Carbon Composite Operating Tables Market Share by Application Type

The market is also segmented based on application type as general and specialty operating tables. General operating tables contributed for a larger share as such tables are suitable for a variety of surgical procedures such as cardiovascular surgery, neurosurgery, and orthopedic surgery. Specialty operating tables are expected to witness higher growth during the forecast period, owing to their treatment-specific layout and better performance & handling.

Carbon Composite Operating Tables Market Share by End-User Type

Based on the end-user type, the market is segmented into hospitals and ambulatory surgical centers. Hospital held a larger share of the market in 2020 and is expected to maintain its position during the forecast period as well. The higher budget of such establishments as well as larger patient footfall attributed to its larger share. Ambulatory surgical centers are expected to expand at a higher rate, owing to growing patient preference, especially in the North American and European markets.

Regional Insights

In terms of region, North America accounted for the largest share of the carbon composite operating tables market in 2020. The region is also expected to maintain its dominance during the forecast period in the wake of huge healthcare expenditure, higher adoption of advanced technology, presence of dominant players, well-established healthcare infrastructure, and presence of skilled medical professionals. Asia-Pacific is projected to witness the highest growth during 2021-2026. Significant economic growth and growing investment towards improving healthcare infrastructure in key economies such as China, India, and South Korea are the major factors boosting the growth of the Asia-Pacific’s market. Further, initiatives towards providing healthcare facilities in the remote areas of developing economies are likely to play a key role in the region’s growth.

Market Scope & Segmentation

The carbon composite operating tables market is segmented into the following categories.

Carbon Composite Operating Tables Market Size, Share & Forecast, By Technology Type:

• Manual Operating Tables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Powered Operating Tables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Composite Operating Tables Market Size, Share & Forecast, By Application Type:

• General Operating Tables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Specialty Operating Tables (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Composite Operating Tables Market Size, Share & Forecast, By End-User Type:

• Hospital (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Ambulatory Surgical Centers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Carbon Composite Operating Tables Market Size, Share & Forecast, By Region:

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, The UK, France, Italy, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, The UAE, and Others)

Key Players

The supply chain of this market comprises raw material suppliers, carbon composite operating table manufacturers, distributors, OEMs, and end-users.

The carbon composite operating table manufacturers include-

• Getinge Group
• Steris Corporation
• HillRom
• Stryker Corporation
• Stille AB
• Skytron LLC
• Surgical Table Inc.
• Composite Horizons LLC
• Mizuho Medical Co., Ltd.

Some of the Key Product Launches in the Market:

The market’s attractiveness has led to series of new product launches by key players in order to better align with the demand.

• In 2020, Hillrom launched PST 500 and PST 300 precision surgical tables that offer a 360-degree radiolucency coupled with the capability of handling general surgery, orthopedics, and neurosurgery.
• In 2019, Genting launched its Maquet Yuno II surgical table, which is a versatile option to support advanced orthopedic techniques as well as trauma and neurosurgeries.
• In 2017, Hillrom launched the Allen advance table lateral system to compliment the Allen advanced table. The radiolucent flat table offers superior intra-operative imaging capabilities.

Research Methodology

For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

Report Features

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s carbon composites operating table market realities and future possibilities for the forecast period of 2021 to 2026. The report estimates the short- as well as long-term repercussions of the COVID-19 pandemic on the demand for carbon composites operating table at the global, regional, as well as country level. Also, the report provides the possible loss that the industry may register by comparing pre-COVID and post-COVID scenario. The report segments and analyzes the market in the most comprehensive manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of low-hanging fruits available as well as formulate growth strategies. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com