Electric Tables Market to Surge at a Robust Pace by 2026
Examination, operating, and physical therapy electric tables are used to perform diagnostic procedures in health care. These are needed to facilitate the performance of minor non-surgical or minimally invasive procedures. The number of people with chronic diseases continues to increase globally. Chronic diseases such as cardiovascular and UTI are the major causes of death across the world. These conditions increase the need of access to ultrasound, magnetic resonance, X-ray, CT scan, surgical, and operating chairs to perform medical procedures during emergencies at hospitals, clinics, and outpatient facilities.
The global examination, operating, and physical therapy electric tables market was valued at US$ 200.3 Mn in 2017 and is projected to expand at a CAGR of 3.6% from 2018 to 2026. The pain management C-arm urology tables segment dominated the global market in terms of revenue in 2017. The global examination, operating, and physical therapy electric tables market is growing at a rapid pace due to increase in incidence of chronic diseases and trauma cases and rise in demand for diagnostic imaging services among the geriatric population. High investment by key players in developing countries and increase in per capita health expenditure are the other major factors driving the market.
The global examination, operating, and physical therapy electric tables market has been segmented based on product, end-user, and region. In terms of product, the global market has been classified into ultrasound tables, pain management C-arm urology tables, urology tables, lithotripsy tables, and physical therapy tables. The urology tables segment is projected to expand at a high CAGR during the forecast period due to increase in the number of urological disorders globally. Based on end-user, the global examination, operating, and physical therapy electric tables market has been divided into hospitals, ambulatory surgery centers, and others. The hospitals segment has been categorized into private and public. The hospitals segment is anticipated to expand at a higher CAGR during the forecast period. This is attributed to quick and high quality services offered at these settings at competitive prices.
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In terms of region, EU Economic Zone dominated the global examination, operating, and physical therapy electric tables market in 2017, owing to high demand for sophisticated and innovative health care facilities and increase in number of surgical and diagnostic imaging procedures. Germany dominated the market in EU Economic Zone in 2017. The market in Germany is expected to expand at the highest CAGR from 2018 to 2026. North America is also a major market in terms of revenue due to increase in the number of outpatient surgeries, especially urology and lithotripsy, in the region. Latin America and Asia Pacific are the potential markets for examination, operating, and physical therapy electric tables due to developing countries such as Brazil, China, and India.
Key players operating in the global examination, operating, and physical therapy electric tables market include Getinge AB, Hill-Rom Services, Inc., STERIS plc, Oakworks Medical, Biodex, STORZ MEDICAL AG, Dornier MedTech GmbH, Merivaara Corp., Malvestio Spa, and Medisa.
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