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Generator Market Size, Share, Demand, Forecast and Growth 2023-2028

Posted by vishal on June 4, 2023 at 10:46am 0 Comments

According to IMARC Group’s latest report, titled “Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the study provides a detailed analysis of the industry, including the global generator market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the generator market?



Surgical Tables Market Size is Predicted to Witness 6.5% CAGR till 2030

The global Surgical Tables Market size is expected to reach USD 2.34 billion by 2030, registering a CAGR of 6.5% during the forecast period, according to a new report by Grand View Research, Inc. Rising prevalence of chronic diseases and the increasing patient population requiring surgical tables along with high adoption of advanced surgical systems are factors anticipated to augment the market growth. Recent technological advancements in surgical instrumentation have improved the operating process. Due to this, surgical procedures will become safer, faster, and less stressful in the future. While surgical tables with features that might be considered novel are being developed, basic requirements for surgical tables tend to increase. In addition, increasing patient preference for non-invasive procedures, which require advanced surgical tables and need patients to be positioned differently, is predicted to foster the overall market growth.

Advances in surgical procedures require new positioning devices including surgical tables and other new accessories. Some of the surgical tables are designed to facilitate specialty procedures, such as shoulder injury. Furthermore, the requirement for advanced surgical instruments including surgical tables is increasing specifically among various hospitals in developing and developed economies. Several market players are focusing on advancing and launching innovative surgical tables to expand their global reach. For instance, in October 2021, Stille announced a collaboration with GE Healthcare for the launch of new surgical tables across the U.S. In July 2020, Hill-Rom launched PST 500, a precision surgical table. This product launch helped the company in widening its product portfolio. Such technological advancements by major market players are expected to positively influence market growth.

Related Press Release@ Surgical Tables Market Report

Surgical Tables Market Report Highlights

  • The general surgical tables segment held the largest market share in 2021 owing to the rising volume of general surgeries, such as cardiovascular, gynecology, and ENT, across the globe
  • The powered surgical tables segment held the maximum market share in 2021 due to the advantages of these equipment over their counterparts
  • The carbon composite material segment is anticipated to grow at the fastest CAGR during the forecast period due to the rising number of carbon composite surgical tables manufactured by several market players
  • The hospitals end-use segment dominated the market in 2021 due to the increasing number of surgical procedures requiring surgical tables globally
  • North America dominated the global market in 2021 owing to the high product demand. However, Asia Pacific is expected to grow at the fastest CAGR during the forecast period
  • The fastest growth can be credited to the rising incidence of CVDs and growing bariatric cases across several countries of the APAC region

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