Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Surgical cushion is a device used in various surgical and diagnostic procedures for patient's safety and surgeon's ease of access to the area of operation. The choice of surgical cushions majorly depends on the type of surgery to be performed. Positioning patients correctly in the operating room is important in order to provide the best care possible and prevent problems such as nerve damage and pressure ulcers. The increasing technological advancements in the patient positioning equipment is expected to drive growth of global surgical cushions market.
The global surgical cushions market is estimated to be valued at US$ 400.4 million in 2020 and is expected to exhibit a CAGR of 3.2% over the forecast period (2020-2027).
Fig.1 Global Surgical Cushions Market Share (%) Analysis, By Product Type, 2019
Growing healthcare infrastructure and expansion of hospital facilities are expected to drive growth of the global surgical cushions market
Healthcare systems globally have experienced intensive changes, reforms, developments, and improvement over the past 30 years and also (governmental and non-governmental) of countries have played their part in the reformation of the global healthcare system. Brazil, China, and India represent three of the most rapidly developing healthcare infrastructures in the world. For instance, according to the Ministry of Health of the People's Republic of China, in 2018, the total expenditure on healthcare in China reached over 5.9 trillion yuan, which included government spending, collective spending, and private out-of-pocket spending on health care.
Global Surgical Cushions Market – Regional Analysis
North America accounted for the largest share in the global surgical cushions market, owing increasing number of healthcare facilities that are installing integrated Hybrid operating rooms. For instance, in 2017, West Virginia University (WVU) Heart and Vascular Institute, in Morgantown, U.S., installed three new, state-of-the-art hybrid ORs. These are designed for patients requiring vascular or structural heart procedures. Hybrid ORs combine a traditional operating room with a catheterization lab and imaging suite.
Furthermore, Asia Pacific is also expected witness significant growth in the global surgical cushions market, owing to increasing healthcare expenditure in the region. For instance, according to India Brand Equity Foundation, in 2015, around 156,926 sub centers, 196,312 hospitals, and 3,601 AYUSH hospitals were present in India.
Fig.2 Global Surgical Cushions Market Value (US$ Mn) & Y-o-Y Growth (%), 2017-2027
Global Surgical Cushions Market - Competitive Landscape
Key players operating in the global surgical cushions market include OPT SURGISYSTEMS S.R.L, Trulife Inc, Birkova Products LLC, ALVO Medical, Samarit Medical AG, Surgicalory, Mediland, David Scott Company, Blue Chip Medical Product, and Clearview Healthcare Products.