India Surgical Table Market
India Surgical Table Market Size Booming at Healthy CAGR of More Than 8% to Touch USD 5.76 Billion and Volume of 16,093 Units by 2030
Published | 04 July 2024
India Surgical Table Market is flourishing due to an increasing number of surgical procedures with population growth and healthcare awareness, a spurring demand for specialized surgical tables across various surgical specialties, and the rising adoption of advanced surgical techniques.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Surgical Table Market size by value at USD 3.82 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Surgical Table Market size to expand at a CAGR of 8.76% reaching a value of USD 5.76 billion by 2030. The Surgical Table Market in India is propelled by the rising investments in healthcare facilities, expanding hospital infrastructure, growing adoption of hybrid operating rooms, and enhancements in healthcare facilities. Surgical tables play a vital role in modern surgical settings by offering advanced safety features, pressure management systems, and ergonomic designs that improve patient outcomes and experiences. Rising prevalence of chronic diseases and an increasing number of surgical procedures have fueled demand for versatile, high-quality surgical tables capable of accommodating a wide range of medical interventions and patient requirements. The expansion of healthcare infrastructure, including hospitals, ambulatory surgical centers, and specialty clinics, has contributed to the robust growth of Surgical Table Market in India. Surgical tables ensure optimal patient positioning, accessibility, and stability during procedures, which are crucial for enhancing surgical efficiency and patient safety.
By volume, BlueWeave estimated India Surgical Table Market size at 13,452 units in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Surgical Table Market size by volume is projected to grow at a CAGR of 8.18% reaching the volume of 16,093 Units by 2030. In 2022, the market for imported operating tables stood at INR 80 crore with 390 units, while Indian-manufactured tables accounted for INR 110 crore and 2,610 units, indicating a growing preference for domestically produced tables. This trend highlights a steady increase in demand for locally manufactured medical equipment.
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Opportunity – Growing emphasis on patient safety and ergonomic design enhancements
India Surgical Table Market is increasingly focusing on patient safety and ergonomic design. As the number of surgical procedures rises due to an aging population and the prevalence of lifestyle diseases, there is a heightened demand for advanced operating tables. Modern surgical tables now feature sophisticated ergonomics and precise adjustments to accommodate diverse surgical techniques and enhance patient comfort. These tables support a range of procedures, from general surgeries to highly specialized interventions, ensuring optimal positioning and stability. This evolution in design not only improves surgical outcomes but also contributes significantly to the overall quality of healthcare. Hospitals are investing in these advanced tables to ensure safety, efficiency, and superior patient care standards.
Impact of Escalating Geopolitical Tensions on India Surgical Table Market
Intensifying geopolitical tensions can have a multifaceted impact on India Surgical Table Market. Uncertainties stemming from geopolitical instability can disrupt supply chains, leading to potential shortages of critical components and materials necessary for manufacturing surgical tables. Moreover, fluctuating currency exchange rates and trade policies under such conditions may increase the cost of imported equipment and technology, impacting market affordability and accessibility. These factors collectively create a challenging business environment, affecting market dynamics and growth prospects for both domestic manufacturers and international suppliers operating in India's healthcare sector.
India Surgical Table Market
Segmental Coverage
India Surgical Table Market – By Type
By type, India Surgical Table Market is bifurcated into Powered and Non-powered segments. The powered segment holds a higher share in India Surgical Table Market by type. It is primarily due to technological advancements, distinguishing it from non-powered tables by offering electric or hydraulic mechanisms for precise adjustments. This capability not only enhances surgical efficiency but also improves patient safety and comfort by accommodating various positions and techniques seamlessly. The expanding India healthcare infrastructure, supported by state and central governments’ supportive initiatives and increasing private investments, has spurred the proliferation of hospitals and clinics nationwide. This growth underscores the rising demand for advanced medical equipment like powered operating tables, crucial for enabling precise surgeries. As demand for high quality healthcare rises, powered tables play a pivotal role, fostering continuous advancements in surgical technology and enhancing overall healthcare delivery.
India Surgical Table Market – By Region
Geographically, India Surgical Table Market is divided into North India, South India, East India, and West India regions. The North India region holds the highest share in India Surgical Table Market and is also expected to maintain its dominance during the forecast period. It can be attributed to significant investments in healthcare infrastructure across the region, which have spurred remarkable advancements. The establishment of new hospitals and clinics, along with the modernization of existing ones, has significantly boosted North India's healthcare sector. Consequently, there has been a notable increase in the demand for high-quality operating tables that meet the latest technological standards. This surge highlights North India's commitment to delivering superior healthcare services and positions the region as a key center for medical innovations and development.
Competitive Landscape
India Surgical Table Market is fragmented, with numerous players serving the market. The key players dominating India Surgical Table Market include Staan Biomed Engineering Pvt Ltd, Cognate India, Mindray Medical India Pvt Ltd, Getinge India, Stryker India Pvt Ltd, Koinaa Medical Equipments, XcelLance Medical Technologies Pvt Ltd, GPC Medical Ltd, GWS Surgicals LLP, and Galaxy India. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and India Surgical Table Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Surgical Table Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
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Publish Date: July 2024
An increasing number of surgical procedures driven by growing population and awareness about healthcare facilities, a spurring demand for specialized surgical tables across various surgical specialties, and rapid adoption of advanced surgical techniques are expected to drive India Surgical Table Market during the forecast period between 2024 and 2030.
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