PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1536711
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1536711
Electric Tables Market size was valued at USD 380.90 million in 2023, expanding at a CAGR of 4.99% from 2024 to 2032.
The Electric Tables Market encompasses advanced tables equipped with electric controls for adjusting height and positioning during medical procedures. Growing demand for enhanced patient comfort and efficient workflow in surgical settings, coupled with advancements in electric table technology, is boosting market growth. According to the American Hospital Association, hospitals increasingly prioritize ergonomic solutions, contributing to the adoption of electric tables. However, high initial costs and maintenance issues can be challenging. Opportunities exist in developing cost-effective models, expanding into emerging markets with growing healthcare infrastructure, and integrating smart technologies for improved functionality and patient care.
Electric Tables Market- Market Dynamics
Expansion of Healthcare Infrastructure Fuels Electric Tables Market Growth
The expansion of healthcare infrastructure is significantly driving the Electric Tables Market, as more hospitals and clinics invest in advanced medical equipment. For example, the World Health Organization reported increased funding for healthcare upgrades in developing regions, leading to higher adoption of electric tables. In the U.S., the American Hospital Association highlighted that the integration of ergonomic and electrically adjustable tables is becoming a standard in newly constructed and renovated facilities to improve surgical precision and patient comfort. Moreover, initiatives by healthcare systems in countries like India and Brazil to enhance medical infrastructure are further propelling market growth by increasing the demand for modern, efficient equipment.
Electric Tables Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 4.99% over the forecast period (2024-2032)
Based on product type segmentation, the Height Adjustable Table was predicted to show maximum market share in the year 2023
Based on Material segmentation, Metal was the leading type in 2023
Based on Mechanism segmentation, Electric was the leading type in 2023
On the basis of region, North America was the leading revenue generator in 2023
The Global Electric Tables Market is segmented on the basis of Product Type, Material, Mechanism, Application, and Region.
The market is divided into two categories based on product type: Height Adjustable Tables and Fixed Height Tables. Height Adjustable Tables dominate due to their versatility and enhanced functionality in various medical procedures. Fixed Height Tables, while stable, are less favored for their lack of adjustability compared to the more adaptable height-adjustable models.
The market is divided into three categories based on Material: Metal, Wood, and Composite. Metal is the leading material segment due to its durability, strength, and ease of maintenance, making it ideal for medical environments. Composite materials also see significant use for their balance of durability and lightweight properties, while Wood is less common.
Electric Tables Market- Geographical Insights
North America, particularly the United States and Canada, holds a prominent share due to advanced healthcare facilities and a high rate of technological adoption. In Europe, countries like Germany and the UK are leading the adoption of electric tables driven by stringent healthcare standards and increasing focus on patient comfort. The Asia-Pacific region is witnessing rapid expansion as emerging economies invest in modernizing healthcare infrastructure, with significant growth in countries such as China and India. Latin America and the Middle East & Africa are also growing markets, though at a slower pace, due to rising healthcare investments and efforts to enhance medical facilities. Overall, the market is expanding globally as healthcare systems increasingly recognize the benefits of advanced, adjustable tables.
Leading manufacturers like Stryker, Hill-Rom, and Getinge dominate with their advanced electric table systems, known for durability, precision, and ergonomic design. Stryker's line of electric surgical tables, for instance, is widely recognized for its flexibility and integration with other surgical technologies. Hill-Rom's offerings are noted for their advanced positioning capabilities and ease of use. Emerging companies such as UDI and Allengers are also making significant strides by introducing cost-effective solutions and new technologies. The competitive landscape is further shaped by ongoing research and development, strategic partnerships, and acquisitions aimed at enhancing product features and expanding market reach. As healthcare facilities continue to modernize, these companies are focused on delivering innovative solutions that meet the evolving needs of medical professionals and patients.
In October 2023, Getinge introduced the Maquet Corin, its inaugural connected OR table, enhancing maintenance efficiency with advanced connectivity features. This innovation aims to streamline operations and support faster, more effective maintenance processes in operating rooms.
In July 2022, ACTIU Berbegal y Formas S.A. launched innovative Free Standing Electrical Height-Adjustable Tables designed to enhance classroom environments. By providing agile and comfortable furniture, the company aims to improve learning spaces and attract educational institutions, boosting market growth.
GLOBAL ELECTRIC TABLES MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Amico Corporation
ArjoHuntleigh AB
Blue Chip Medical Products, Inc.
Gendron, Inc.
Getinge AB
GF Health Products, Inc.
Hill-Rom Holdings, Inc.
Howard Industries, Inc.
Invacare Corporation
Kinetic Concepts, Inc.
Linak A/S
Medline Industries, Inc.
Oakworks, Inc.
Paramount Bed Co., Ltd.
Span-America Medical Systems, Inc.
Stryker Corporation
Others