by Operating tables and lights are critical medical equipment used across operation theaters and clinical settings for surgical procedures. They provide illuminated and sterile surfaces for surgical operations along with flexibility of movement. With the rise in chronic diseases and elderly population worldwide, the demand for minimally invasive surgeries have increased significantly. These advanced procedures require high-quality operation tables and lights to facilitate complex operations through small incisions or body orifices.
The global Operating Tables and Lights Market is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing preference for minimally invasive surgeries (MIS) over conventional open surgeries is a key factor driving the demand for technologically advanced operating tables and lights. MIS procedures leave very small scars and reduce healing time, risk of infection, and damage to surrounding tissues. They offer improved patient outcomes compared to open surgeries. Thus, manufacturers are developing operating room equipment compatible for complex endoscopic and laparoscopic surgeries. For instance, operating tables with tilt and move functionalities to give surgeons optimal access to surgical area. Lighting systems with shadow-less illumination and movable arms to provide visualization deep inside small incisions during MIS. Such innovations are increasing adoption of operating tables and lights suitable for minimally invasive treatment methods.
SWOT Analysis
Strength: Operating tables and lights offer medical practitioners a reliable platform to perform various surgical procedures under well-lit and focused environments. This ensures safety, accuracy and optimized outcomes for patients.
Weakness: High costs associated with specialized operating tables and lighting equipment limits widespread adoption, especially in cost-sensitive developing healthcare markets. Frequent upgrades needed to integrate latest technologies.
Opportunity: Growing global disease burden and rise in surgical procedures drives demand for operating room infrastructure upgrades. Adoption of IoT and AI-enabled smart operating rooms presents new revenue avenues.
Threats: Economic slowdowns can negatively impact healthcare modernization budgets. Shift towards non-invasive treatment methods also poses a challenge. Strict quality and safety regulations require compliance.
Key Takeaways
The Global Operating Tables And Lights Market Size is estimated to be valued at US$ 1491.9 Mn in 2023 and is expected to exhibit a CAGR of 3.9% over the forecast period 2023 to 2030.
North America is a substantial market for operating tables and lights due to extensive uptake of advanced medical technologies within its developed healthcare systems. Growing medical tourism and rising hospital investments in Middle Eastern countries are helping boost the regional market. In Europe, stringent regulations ensure highest product quality standards for operating room equipment. The Asia Pacific region currently dominates market share and is expected to grow at the fastest pace through 2030 backed by improving access to healthcare and demand for quality care infrastructure across emerging Asian countries.
Key players operating in the operating tables and lights market include 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 and Stryker Corporation. These established providers have wide geographical presence and offer comprehensive solutions for operating rooms. They are investing in new product development around integrated operating room systems, surgical imaging and IoT-enabled connectivity.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
