India Operating Tables Market to Grow with a CAGR of 6.47 % through 2029
Growth in research and development activities is expected to drive the India
Operating Tables Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “India Operating
tables Market- By Region, Competition, Forecast and Opportunities,
2019-2029”, the India Operating Tables Market stood at USD 25.09 million in 2023
and is anticipated to grow with a CAGR of 6.47 % in the forecast period, 2024-2029.
Initiatives taken by government based on operating tables has led to favorable
market conditions for the India Operating Tables Market. Several factors
contribute to the growth of various operating tables products.
The operating tables market in India is experiencing
remarkable growth, fueled by a range of government initiatives aimed at
enhancing the healthcare infrastructure of the country. These initiatives not
only strive to improve the quality of healthcare services but also contribute
to the rising demand for state-of-the medical equipment-art medical equipment,
including operating tables.
One such significant initiative is the Ayushman Bharat
Yojana, a national health protection scheme that aims to provide free and
accessible healthcare to millions of underprivileged Indians. By extending
healthcare coverage, this scheme seeks to address the healthcare needs of
vulnerable populations and promote overall well-being. With the implementation
of these initiatives, the operating tables market in India is poised for
continued growth, as the demand for advanced medical equipment continues to
rise in tandem with the improvement of healthcare infrastructure across the
nation.
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Innovation plays a pivotal role in the growth of every
market, and the operating tables market is certainly no exception. As the
demand for advanced operating tables continues to rise, companies like Getinge have
been diligently investing in research and development to bring forth
groundbreaking solutions. These innovative advancements are centered around the
creation of highly versatile, efficient, and patient-friendly tables,
ultimately leading to improved surgical outcomes and fueling the overall
expansion of the market.
By constantly pushing the boundaries of technology and
design, Getinge and other industry leaders are not only meeting the current
needs of healthcare professionals but also anticipating future demands. They
are exploring new materials, incorporating cutting-edge features, and
integrating smart technologies to enhance the functionality and usability of
operating tables. These innovations not only streamline surgical procedures but
also contribute to the overall efficiency of healthcare facilities.
The India Operating Tables Market is segmented into type,
mode of operation, regional distribution, and company.
Based on its type, the general operating tables segment
held the largest market share in the forecast period. When comparing
specialty-specific operating tables to general operating tables, it becomes
evident that the latter is not only affordable but also offers a cost-effective
solution. This affordability makes general operating tables an attractive
option for hospitals, particularly in developing countries like India, where
optimizing resources and making informed decisions are of utmost importance. By
choosing general operating tables, hospitals can allocate their limited budget
to other essential areas while still ensuring the provision of quality
healthcare services.
Based on region, South India segment is expected to
grow during the forecast period.
South India, with its rich healthcare ecosystem,
boasts numerous renowned medical institutions, cutting-edge research centers,
and world-class hospitals. This concentration of healthcare establishments in
the region not only signifies the region's commitment to medical excellence but
also fuels a substantial demand for advanced medical equipment. As a result,
the operating tables market in South India is expected to witness significant
growth and innovation in the coming years.
Major companies operating in India Operating Tables
Market are:
·
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
·
Galaxy India
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“India has emerged as a highly sought-after
destination for medical tourism, captivating patients from across the globe who
seek a diverse array of medical treatments and procedures. This burgeoning
trend significantly bolsters the demand for state-of-the-art medical equipment,
particularly advanced operating tables, within hospitals that specialize in
catering to the needs of international patients. The country's reputation as a
hub for medical excellence continues to attract a steady influx of individuals
seeking top-tier healthcare services at competitive prices, thereby fueling the
necessity for cutting-edge infrastructure and technological advancements in the
medical sector. As India's medical tourism sector flourishes, the imperative
for hospitals to uphold world-class standards in patient care and treatment
facilities escalates, necessitating continual investments in advanced medical
equipment such as sophisticated operating tables to accommodate the diverse
needs and expectations of a global clientele”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based management consulting firm.
“India
Operating Tables Market By Type (General Operating Tables, Specialty Operating
Tables (Bariatric, Neurological, Orthopedic, Laparoscopic, Others), Others), By
Mode of Operation (Powered, Manual), By Region, Competition, Forecast and
Opportunities, 2019-2029F”, has evaluated
the future growth potential of India Operating Tables Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India Operating Tables Market.
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