Composite Surgical Tables Market Report

Composite Surgical Tables Market Report

Composite Surgical Tables Market Report
Report code - SR2982 Published On : Oct,2024 No. of Pages: 110
Composite Surgical Tables Market Size, Share, Trend, Forecast, Competitive Analysis, and G See more...

“The composite surgical tables market stood at US$ 377 million in 2023 and is anticipated to grow at a decent CAGR of 5.0% during 2024-2030 to reach US$ 537 million in 2030”.

Market Dynamics

Introduction

In the medical industry, carbon composites are increasingly preferred in applications such as radiographic imaging tabletops, cradles, prosthetics, tabletop extensions & accessories, oncology treatment overlays, positioning products, and surgical table components. Operating tables with carbon composite tabletops offer radiolucency, which makes them suitable for hybrid operating rooms and diagnostic imaging.

Carbon fiber composites are often used as the surface material with a foam core in a “sandwich” structure, supporting patients while ensuring high X-ray transmission rates. Compared to traditional table surfaces, carbon fiber medical panels offer advantages in X-ray transmission, image clarity, strength, and rigidity. Carbon fiber composite materials are characterized by high strength, low density, and extremely low X-ray absorption rates.

• X-ray Transmission: Medical panels with high X-ray transmission rates can reduce radiation dosage, thereby lowering radiation exposure for both patients and medical staff. Diagnostic accuracy is also ensured owing to clear imaging.

• Durability: Other than transmission rate and surface strength, the longevity of the medical surgical table is also a crucial aspect. Carbon fiber is a non-metallic material with low electrochemical activity, excellent corrosion resistance, and, during procedures, is not susceptible to damage from alcohol, medications, or bloodstains, while also meeting sterile medical requirements. Additionally, it can bear heavy weights and withstand repeated use.

Key Market Drivers

Some of the key driving factors include the rising geriatric population, increasing prevalence of chronic diseases, and increasing incidences of surgeries across the globe. Improvement in healthcare facilities across the globe has led to the introduction of modern, advanced, and technologically enabled surgical tables, and demand for the adoption of surgical tables with new modalities is expected to drive long-term demand.

• The increasing aging population worldwide and the rising number of hospital admissions by geriatric patients, specifically those suffering from end-stage chronic diseases that involve surgical treatment: According to UNFPA data, the global share of people aged 65 and over has nearly doubled from 5.5% in 1974 to 10.3% in 2024. This figure is projected to reach 20.7% by 2074, with the number of those aged 80 and over more than tripling. 

• Increasing number of surgeries: A new study presented at the 2023 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS) found that, based on projection models, orthopedic surgeons will need to either double their total joint arthroplasty (TJA) caseload or increase the number of surgeons by 10% every five years to meet demand.

• Increasing healthcare spending: According to WHO, global spending on health continued to increase in 2021, the second year of the pandemic, to US$ 9.8 trillion (10.3% of global GDP).

• Need for replacement of old and outdated surgery tables: Surgery tables or operating theater tables can typically last for 10 to 15 years. For traditional tables, spare parts may even become obsolete in a few years, thus making it nearly impossible to repair them. The dire need to replace outdated and traditional surgical tables with newer, advanced, and more efficient surgical tables is also likely to augment the long-term demand.

Key Developments

• Eschmann Holdings Ltd. designed the T20 series of powered operating tables with advanced features with X-ray translucent tabletop, height adjustment, narrow T-shaped base, interchangeable and removable head, leg section, handset with Battery status indicator, width adjuster for obese patients, and others. Such modern surgical tables are capable of general as well as specialty surgeries. The rise in the adoption of these advanced tables helps medical experts in performing critical procedures with much ease.

• SurgiGraphic 6000 image-guided surgical table from STERIS Corporation is designed for minimally invasive procedures related to endovascular, vascular, cardiovascular, pain management, and other procedures that require intra-operative fluoroscopic C-Arm imaging. It is highly flexible and enables latitude and longitudinal floating, lateral tilt, height adjustments, and others enabling surgeons to complete control of the table.

• Steris ASC 2000 battery-powered surgical table enables patient position flexibility for modern ambulatory surgical care with features such as lateral lift and adjustable height function.

• Nuvo Inc.'s V800 surgical table can accommodate orthopedic, neurological, and other surgeries that come with distinct features such as sliding top, low base, reverse orientation, and others. It is also compatible with C-arm access, and self-diagnosis with instant error code display providing maximum benefits during procedures.

• WIT-Composites' efforts to design a more effective all-composite surgical table led to the development of complex components and an elastic carbon fiber material. The table's key features include: an all-composite tabletop, side rails, and optional surgical arm enlarged area of X-ray transparency; elastic composite sections within rail and hinge connection systems enable an air pumping system for securely attaching medical equipment to the table; the technology serves as a springboard for future composite-on-composite joint technologies.

Market Segments' Analysis

Segmentations

List of Sub-Segments

Segments with High Growth Opportunity

Surgery-Type Analysis

General Surgery Tables and Specialty Surgery Tables

General surgery table is likely to grab the major chunk of the market by 2030.

Technology-Type Analysis

Manual Tables and Powered Tables

Manual table is anticipated to remain at the forefront throughout the study period.

End-User-Type Analysis

Hospitals and Ambulatory Surgical Centers

Hospitals are anticipated to contribute a larger share of the demand.

Regional Analysis

North America, Europe, Asia-Pacific, and The Rest of the World

North America is likely to generate the highest demand, whereas Asia-Pacific is likely to grow at the fastest rate.

 
By Surgery Type

General surgery is expected to remain dominant whereas specialty surgery is estimated to be the fastest-growing surgery of the market during the forecast period.

  • The market is segmented into general surgery table and specialty surgery table.
  • The rise in general surgeries worldwide which are commonly and widely performed such as ENT surgeries, gynecological surgeries, and others is one of the key drivers for general surgical tables.
  • Moreover, general surgical tables are a relatively economical choice for healthcare facilities, as they are comparatively cost-effective.
  • A rise in demand for specialty procedures such as orthopedic surgeries, neurological surgeries, and spine surgeries, is likely to fuel the demand for specialty surgery tables.
  • Specialty surgery requires different surgical approaches regarding patient positioning, specific design based on surgery, and flexibility to perform complex procedures by medical experts. They also provide better patient comfort with improved features and designs.

By Technology Type

Powered surgical table is expected to offer lucrative growth opportunities in the market during the forecast period.

  • The market is segmented into manual surgical tables and powered surgical tables.
  • Powered tables offer a high level of flexibility and maneuverability, enabling ease for the patient as well as the medical staff.
  • Powered tables minimize the risk of complications such as pressure sores and nerve damage as they can be positioned to reduce pressure on vulnerable areas of the body, ensuring patient safety and comfort.
  • Other benefits of using powered tables include improved features in offering different modes such as tilt, traverse, sliding, and others, and better patient movements.
  • Manual table is affordable and cost-effective. These tables are less flexible providing medical experts with limited opportunity for patient movement as required during procedures.

By End-User Type

Hospitals are expected to generate a significantly higher demand for surgical tables by 2030.

  • The market is segmented into hospitals and ambulatory surgical centers.
  • A wide range of surgical procedures, from routine to complex surgeries across various specialties, are performed in hospitals. The sheer volume of surgeries conducted in hospitals generates a consistent demand for surgical tables.
  • As compared to ambulatory surgical centers and other healthcare facilities, hospitals typically have larger infrastructure and resources. They are better equipped to handle a wide range of surgical procedures and invest in a comprehensive array of surgical equipment, including surgical tables.

Regional Analysis

North America is expected to remain the largest market for composite surgical tables during 2024-2030.

  • Key driving forces: A steady increase in the number of surgical procedures performed each year due to factors such as an aging population, increasing prevalence of chronic diseases, and advancements in medical technology.
  • Strong presence of leading players, distributors, and other stakeholders in the North American region ensures a robust supply chain and easy access to a wide range of products, contributing to steady growth.
  • Globally, a staggering 310 million major surgeries are performed each year: >50 million in the USA and ~20 million in Europe.
  • In terms of countries, the USA is expected to remain the largest market throughout the study period. China and India to remain the thrust-bearers of the market during 2024-2030.
  • The presence of a large patient pool in Asia-Pacific is anticipated to foster the region’s growth. There has been a considerable increase in the number of surgeries being performed in the region, owing to a rise in the prevalence of chronic diseases. In addition, increasing healthcare expenditure in China and Japan is expected to drive the demand in the foreseeable future.

Key Players

The market is highly consolidated with the presence of a handful number of players globally. Key strategies adopted by the leading players to gain a competitive edge: Product launches, approvals, strategic acquisitions, and innovations. For instance, in March 2021, Mediland Enterprise Corporation launched an advanced surgical light “SunLED Series” and an advanced surgical table “C800 electro-hydraulic operating table”. Both these products were born with the theme "Feel in Control” and include high-end features that improve the operating experience for surgeons.

The following are the key players in the surgical tables market:

Here is the list of the Top Players

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

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. 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, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

The global surgical tables market is segmented into the following categories. 

Composite Surgical Tables Market, by Surgery Type

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

Composite Surgical Tables Market, by Technology Type

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

Composite Surgical Tables Market, by End-User Type

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

Composite Surgical Tables Market, by Region

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

Research Methodology

  • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s composite surgical tables market realities and future market possibilities for the forecast period. 
  • The report segments and analyzes the market in the most detailed manner in order 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 the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a 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.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
  • We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Customization Option

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: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across 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

Frequently Asked Questions (FAQs)

The composite surgical tables market is estimated to grow at a CAGR of 5.0% by 2030. As healthcare providers prioritize patient safety, comfort, and operational efficiency, they are increasingly investing in high-quality surgical tables, ultimately driving market growth.

Composite Horizon LLC, Baxter International Inc. (HillRom), Getinge Group, Mizuho Medical Co. Ltd., Skytron LLC, Steris Corporation, Stille AB, Stryker Corporation, and Surgical Table, Inc. are the leading players in the composite surgical tables market.

The USA is estimated to remain dominant in the surgical tables market in the foreseeable future. The country's market is characterized by a strong focus on technological innovation in healthcare. Surgeons and healthcare facilities in the region are quick to adopt advanced technologies, driving the demand for newer, more sophisticated surgical tables. Moreover, there is a growing trend towards outpatient surgeries, fueled by factors such as cost-effectiveness, shorter recovery times, and advancements in minimally invasive techniques.