Global Market Study on Mobile Operating Tables: Electric Power Source Segment Expected to Gain Traction During 2017-2025
LONDON, Aug. 10, 2017 /PRNewswire/ -- Report Description
Manufacturers in the global mobile operating tables market are focused on innovations that challenge this market with lower pricing, thus expecting to increase their respective market shares. Companies in this market are also focusing on outsourcing the manufacturing of mobile operating tables to Asia Pacific in order to reduce their manufacturing costs and thus compete in the market with reduced prices. Key players in the market are entering into strategic mergers and acquisitions to expand their product portfolio and market presence across the globe. Leading players in the global mobile operating tables market are focusing on the development of new methods and techniques for multi-functional operations. Companies in the global mobile operating tables market have adopted innovative marketing strategies to gain market share and have increased their focus on upgrading their product line owing to increasing demand among hospitals. In a new report titled "Mobile Operating Tables Market: Global Industry Analysis and Forecast, 2017–2025," Persistence Market Research analysts have covered the global mobile operating tables market landscape in detail and presented forecasts for the next eight years.
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One of our key findings includes a comprehensive assessment of the growth and performance of the various regional mobile operating tables markets. We have observed that the mobile operating tables market in MEA is expected to record comparatively less growth due to low awareness levels regarding the use of technologically advanced operating tables for routine surgical procedures among healthcare professionals. On the other hand, North America represents the most lucrative market, followed by Europe and APAC.
Mergers and acquisitions keep the threat of new entrants at a high level
Our analysts have observed that preventive care is the only alternative to surgical procedures conducted in operating rooms. Also, treatment with pharmaceuticals could be considered as an external substitute for this market. Moreover, there are no direct substitutes for this market that could cause a threat to market growth. The market is dominated by a few major players, thereby keeping the bargaining power of buyers at a low level. On the other hand, the presence of local players and availability of used and refurbished products plays a key role in elevating the bargaining power of buyers to a medium level. The analysts have taken into consideration the factor of 'threats from new entry,' while examining this market. Factors such as steady growth, lack of strict regulatory approvals and options for mergers and acquisitions keep the threat of new entrants at a high level. On the other hand, high development and manufacturing costs of such equipment may play a key role in reducing this threat to a medium level.
Market Segmentation
By End User
Hospitals
Clinics
Ambulatory Surgical Centers
By Region
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
By Application
General Surgical
Specialty Surgical
By Power Source
Manual
Electric
Hydraulic
Electro-hydraulic
Research Methodology
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