Analysis of the Operating Table Industry
The market size of operating tablesThe report of the Healthcare Cost Institute (HCCI) in the United States found that per capita healthcare spending in the United States increased by 4.1% in 2021, exceeding the growth rate of previous years. This indicates that healthcare expenditure shows a continuous upward trend. In 2023, the market size of operating tables was approximately 1.4 billion US dollars. It is projected that the compound annual growth rate from 2024 to 2032 will reach 3.6%, with the fastest-growing market being the Asia-Pacific region. But at present, the largest market is still concentrated in North America. Due to the intensification of global aging (with the proportion of the population aged 65 and above exceeding 10%) and the rising incidence of chronic diseases (such as cardiovascular diseases and cancer), the demand for surgery has been directly driven to increase. In 2023, the global number of surgeries exceeded 320 million, among which minimally invasive surgeries accounted for 68%. Minimally invasive surgery has higher requirements for the intelligence and compatibility of operating tables. For instance, it needs to support real-time imaging by C-arm X-ray machines, which has driven the sales of high-end electro-hydraulic operating tables to increase by 23.7% year-on-year.
Product upgrade of the operating tableElectric operating tables have seen their market share increase from 62.3% in 2020 to 68.9% in 2023, thanks to their advantages such as high position adjustment accuracy (error < 1°) and intelligent operation. The growth rate is expected to reach 8.2% in the next five years. The diversified upgrade of operating table products has greatly contributed to market expansion. For example, the modular design (such as the rapid replacement system for surgical accessories) meets the demand of the day surgery center to complete the conversion of 12 surgical methods within 2 hours. The semi-transparent side of the carbon fiber operating table can eliminate X-ray black spots, enabling surgeons to directly obtain intraoperative images and significantly shorten the operation time.
The markets of different types of operating tablesAt present, the operating tables in the market mainly revolve around
general,
specialty,
pediatric, and
Radiolucent (
general surgical operating tables, specialized surgical operating tables, pediatric surgical operating tables, and radio-permeable surgical operating tables), among which general surgical operating tables occupy a dominant position. It generated approximately 637.5 million US dollars in revenue in 2023. The general surgery operating table is compatible with orthopedic surgeries as well as ENT surgeries. By switching to different positions to meet the surgical position requirements, the operation can be performed. This highly compatible operating table has become a favored device in hospitals.
