Operating tables and lights market

Operating Tables and Lights Market, By Product (Operating Tables (By Product Type [General Operating Tables and Specialty Operating Tables (Orthopedic and Trauma Surgery Tables, Neuro Surgery Tables, Cardiovascular Surgery Tables, Gastrointestinal Surgery Tables, and Other Specialty Surgery Tables (Urology and Cysto Surgical Tables and Rest of Specialty Surgical Tables)] and By Mode of Operation [Manual Operating Table and Powered Operating Table] and Operating Room Lights (By Product Type [LED Lights and Conventional Lights] and By Mounting Configuration [Ceiling-mounted, Wall-mounted, and Floor Stand]), By End User (Hospitals, Ambulatory Surgical Centers, Emergency Centers, and Other End Users), and By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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Feb 2022
CMI4911
188 Pages
Excel & Pdf
Medical Devices

Summary

An operating table is an essential part of any surgical procedure. Currently, various types of surgical tables are available for basic operating requirements as well as specialized procedures. The operating table is one of the essential operation theater equipment that plays an important role in achieving better treatment outcomes. Surgical lamps, also called operating lights or surgical overheads, are medical devices used by surgeons or medical personnel during surgery. They are used to illuminate the area where surgery is to be performed. It is a combination of several lights and accessories, which is collectively called a surgical light system.

The global operating tables and lights market is estimated to be valued at US$ 1,382.0 million in 2021 and expected to exhibit a CAGR of 3.9% during the forecast period (2021-2028).

Figure 1. Global Operating Tables and Lights Market Share (%), By Product, 2021

The rising number of surgical procedures and interventions is expected to drive the market growth during the forecast period.

The increasing number of surgical procedures and interventions is expected to drive the global operating tables and lights market growth over the forecast period. For instance, according to data published in National Center for Biotechnology Information (NCBI) in 2020, a staggering 310 million major surgeries are performed each year globally, including 40 to 50 million in the U.S. and 20 million in Europe.

Operating Tables and Lights Market Report Coverage

Report Coverage	Details
Base Year:	2020	Market Size in 2021:	US$ 1,382.0 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2021 to 2028
Forecast Period 2021 to 2028 CAGR:	3.9%	2028 Value Projection:	US$ 1,810.0 Mn
Geographies covered:	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East: GCC Countries, Israel, and Rest of Middle East Africa: South Africa, North Africa, and Central Africa
Segments covered:	By Product: Operating Tables (By Product Type (General Operating Tables, Specialty Operating Tables (Orthopedic and Trauma Surgery Tables, Neuro Surgery Tables, Cardiovascular Surgery Tables, Gastrointestinal Surgery Tables, Other Specialty Surgery Tables (Urology and Cysto Surgical Tables, Rest of Specialty Surgical Tables)), Mode of Operation (Manual Operating Table, Powered Operating Table), Operating Room Lights (By Product Type (LED Lights, Conventional Lights), Mounting Configuration (Ceiling-mounted, Wall-mounted, Floor Stand))) By End User: Hospitals, Ambulatory Surgical Centers, Emergency Centers, Other End Users
Companies covered:	Siemens AG, Dragerwerk AG & Co. KGaA, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., BenQ Medical Technology, Mediland Enterprise Corporation, Alvo Medical Sp. z o.o., Famed Zywiec Sp. z o.o., Heal Force, OPT Surgisystems S.R.L. (TKB Group), Medifa-hesse GmbH & Co. KG, UFSK-International OSYS GmbH, Taicang Kanghui Technology Development Co., Ltd, Ningbo Techart Medical Equipment Co., Ltd., Fazzini SRL, Lojer Oy, and AGA Sanitaetsartikel GmbH
Growth Drivers:	Rising number of surgical procedures and interventions Advantages of LED technology over conventional lighting system New product launches and strategic collaborations for product innovation by key players
Restraints & Challenges:	High cost of operating tables and operating surgical lights

Figure 2. Global Operating Tables and Lights Market Share (%), By End User, 2021

Advantages of Light Emitting Diode (LED) technology over conventional lighting systems are expected to drive the market growth during the forecast period

Advantages of LED technology over conventional lighting system are expected to drive the global operating tables and lights market growth during the forecast period. Advantages of LED technology include long life, improved efficiency, eco-friendly, durable, and more dispersed light over conventional lighting systems and this is expected to be a major factor for increasing adoption of LEDs

Global Operating Tables and Lights Market – Impact of Coronavirus (COVID-19) Pandemic

Supply chain and manufacturing activities in India, Italy, Spain, the U.K., and the U.S. have been disrupted due to lockdowns implemented by governments as a measure against the COVID-19 pandemic. Countries such as Saudi Arabia, UAE, Egypt, and others are also facing problems with regards to transportation.

The coronavirus or COVID-19 outbreak that started from Wuhan, China has spread across continents, affecting various industries globally. The supply of key materials has been severely disrupted due to the forced quarantine and lack of labor and raw materials. As the link between regional warehouses is not smooth, the transportation of raw materials between regions cannot be carried out successfully. This shortage of raw materials and components has affected the supply chain of the global operating tables and lights market.

Due to a severe shortage of medical resources at the front line, only patients diagnosed with serious conditions can be hospitalized. Unfortunately, the pathogenic mechanism of the virus has not been identified completely. Therefore, there is no specific drug and treatment except for symptomatic and supportive treatments. Respiratory support devices such as life-support machines, atomizers, oxygen generators, and monitors are primary medical devices for clinical treatment. Thus, from diagnosis to cure, the need for instruments for measuring temperature, nucleic acid diagnostic kits, antiviral medical products, and life-support machines has increased consistently.

Furthermore, the COVID-19 pandemic has impacted the global economy, and in turn, the global operating tables and lights market. Quarantines, traveling constraints, and social distancing measures are likely to lead to a steep decline in business and consumer spending.

Global Operating Tables and Lights Market: Restraint

The major factors that hinder the global operating tables and lights market growth include the high cost of the operating tables and operating lights. Specialty surgical tables incur high acquisition as well as maintenance costs for health care settings. Constant evolution in the surgical tables and lights segment, with the introduction of new features and designs, has led to the high cost of these products.

Key Players

Major players operating in the global operating tables and lights market are Siemens AG, Dragerwerk AG & Co. KGaA, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., BenQ Medical Technology, Mediland Enterprise Corporation, Alvo Medical Sp. zo.o., Famed Zywiec Sp. z o.o., Heal Force, OPT Surgisystems S.R.L. (TKB Group), Medifa-hesse GmbH & Co. KG, UFSK-International OSYS GmbH, Taicang Kanghui Technology Development Co., Ltd, Ningbo Techart Medical Equipment Co., Ltd., Fazzini SRL, Lojer Oy, and AGA Sanitaetsartikel GmbH.

Table of Content

*Browse 27 market data tables and 31 figures on " Operating Tables and Lights Market” - Global forecast to 2028

Segmentation

Detailed Segmentation:

- Frequently Asked Questions -

What is the current market size and compound annual growth rate (CAGR) of the global operating tables and lights market during the forecast period (2021-2028)?

The global operating tables and lights market size is estimated to be valued at US$ 1,382.0 million in 2021 and expected to exhibit a CAGR of 3.9% between 2021 and 2028.

What are the major factors driving the market growth?

Factors such as the rising number of surgical procedures and interventions, advantages of LED technology over conventional lighting systems, and new product introduction and strategic collaborations for innovation in products by key players are expected to drive the market growth during the forecast period.

Which is the leading product segment in the market?

The Operating Tables segment is expected to hold a major market share during the forecast period.

What are the key factors hampering the market growth?

The major factors hampering the market growth include the high cost of operating tables and operating surgical lights

Which are the major players operating in the market?

Major players operating in the market are Siemens AG, Dragerwerk AG & Co. KGaA, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., BenQ Medical Technology, Mediland Enterprise Corporation, Alvo Medical Sp. z o.o., Famed Zywiec Sp. z o.o., Heal Force, OPT Surgisystems S.R.L. (TKB Group), Medifa-hesse GmbH & Co. KG, UFSK-International OSYS GmbH, Taicang Kanghui Technology Development Co., Ltd, Ningbo Techart Medical Equipment Co., Ltd., Fazzini SRL, Lojer Oy, and AGA Sanitaetsartikel GmbH.