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Surgical Table Market Trends

Report ID: GMI3342
Published Date: Jun 2024
Report Format: PDF

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Surgical Table Market Trends

The growing healthcare expenditure globally is a key driver of the market. As countries invest more in healthcare infrastructure and technologies, there is an increasing demand for advanced surgical equipment, including surgical tables.

For instance, the World Health Organization (WHO) indicate that global healthcare expenditure raised and reached over USD 8 trillion in 2020. This increased spending is fueling the adoption of modern surgical equipment in hospitals and surgical centers worldwide.
Additionally, the report by the Health Care Cost Institute (HCCI) found that healthcare spending per capita in the U.S. increased by 4.1% in 2021, outpacing the growth rates of the previous few years. This suggests a sustained upward trend in healthcare expenditure.
Moreover, advancements in medical technology have led to the development of more sophisticated surgical tables with enhanced features, driving up their demand. As healthcare providers prioritize patient safety, comfort, and operational efficiency, they are increasingly investing in high-quality surgical tables, further driving market growth.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Global surgical table industry size was valued at USD 1.4 billion in 2023 and is anticipated to register 3.6% CAGR between 2024 and 2032 due to the growing healthcare expenditure and rapid growth of the geriatric population.

The hospital and clinics segment in the market held 65.3% revenue share in 2023 due to their extensive infrastructure and capability for diverse surgical procedures, projects worldwide.

North America surgical table market size accounted for USD 508 million in revenue in 2023 due to the rising number of surgeries driven by aging demographics and medical advancements.

ALVO Medical, AMTAI Medical Equipment, Inc, Baxter International, Inc., Getinge AB, Mizuho Medical Co. Ltd., Narang Medical Limited, SKYTRON, LLC, STERIS plc, Stille AB, and Stryker Corporation.