Operating Tables Market To Reach 675 Million Dollars By 2010, According To New Report By Global Industry Analysts, Inc.

Main Category: Medical Devices
Also Included In: Public Health
Article Date: 16 Apr 2008 - 1:00 PDT

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Operating tables are primarily used to keep the patient in the best possible position for the surgeon to conduct the surgical processes and, if necessary, enable any adjustment required during the procedure. Obsolescence of existing equipment continues to remain a driving factor for operating tables market in developed countries. On the negative side, measures taken for cost reduction in the developed world and extended replacement cycles of operating tables are expected to limit market growth. However increase in cost-effective surgical techniques, renovation of existing surgical suites and establishment of outpatient surgical centers are expected to minimize the effect.

United States and Europe alone comprise 60% of the global operating tables market, as stated by Global Industry Analysts, Inc. The market for operating tables has substantial potential and enormous opportunity especially in developing nations such as Asia-Pacific and Latin American countries. These regions are characterized by increased economic activity, growing number of new private hospitals and the extended facilities of the existing private and public hospitals. Asia-Pacific, the fastest growing market for operating tables is estimated at $115 million in 2008. Non-powered operating tables market in the region is projected to post a CAGR of 4.6% over the period 2000-2010. In Europe, France, Germany, Italy, and the UK ac! count for more than 70% share of the market. Powered operating tables market in the region is projected to increase to $103.5 million by 2010.

Three leading players including STERIS, Skytron, and Getinge, Inc. dominate the operating tables market. These players together account for more than 85% share of operating tables market in the US. Other players profiled in the study include Berchtold GmbH & Co. KG, Denyers International, Eschmann Equipment, Mizuho Ikakogyo Co., Stille, and Trumpf Medizin Systeme GmbH.

The report titled "Operating Tables: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the market for both Powered and Non-Powered Operating Tables. The report covers major market dynamics, trends, factors influencing the market and competition pertaining to the Operating Tables market. The report enumerates recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Spain, Asia-Pacific, and Latin America.

For more details of this research report please visit here.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

http://www.StrategyR.com