Project report for Operation Theater Table

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Introduction

In India the Operating table manufacturing business is growing rapidly due to the increase in the number of hospital and innovations in aduvanced technologies. An operating room is designed to offer technologically advanced equipment to surgeons for performing surgical procedures with efficiency. An operating table is an integral part of the operating theater, and among the most essential equipment in the list of pre-requisites of an operating theater. Being a fundamental part of the operating theater, the operating table demands advanced technology and high-end specifications with an aim to enable healthcare providers to perform different types of procedures. This has led to constant focus on innovation by market players both existing players and new entrants, leading to introduction of advanced surgical tables in the market.

An operating table or operating room table is the table on which the patient lies during a surgical operation. This surgical equipment is usually found inside the surgery room of a hospital. Operation Theater Tables are generally made from stainless steel or chrome plated sections and fitted with other required accessories Operation Theater table requires immense attention towards its designing. To make cleaning more effective and efficient, it is always suggested to make the Operation Theater tables easy to clean especially the places like seams and cracks, that propagate bacteria and germs, should not be there to keep bacteria and germ free.

 

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Market potential & Strategy

The surgical tables market was valued at INR 62,54,59,80,000 in 2020 and it is expected to reach INR 76,32,09,90,000 by 2026, registering a CAGR of 3.2% during the forecast period. The surging volume of surgeries globally and technological innovations in medical devices are some of the driving forces responsible for the growth of the market. Aging of the population is also one of the key factors contributing to growth. The pandemic has had ramifications for ways of working, of various surgical procedures. There are strict guidelines specific to each specialty that has to be implemented and followed, for surgeons to be able to continue to provide safe and effective care to their patients during the COVID-19 pandemic. The volume of surgeries has significantly declined during the pandemic, owing to the stringent guidelines by the regulatory authorities to avoid all non-emergent surgeries. This is going to impact the procurement of surgical tables for these surgical centers.

The growing popularity of minimally invasive procedures owing to associated benefits such as lesser trauma, reduced hospital stays, and cost-effective procedures is one of the contributing factors responsible for the expansion of the market. Increasing investment by government bodies across the globe is also driving the market. For instance, the Indian government, under its Pradhan Mantri Swasthya Suraksha Yojana approved INR 620 crores for the cost of construction and INR 200 crores for the procurement of medical equipment & modular operation theaters. The increasing prevalence of chronic diseases and illnesses has led to a rise in surgical procedures. Anesthesia plays a crucial role in surgery, and anesthesia equipment plays a vital role in providing sufficient & accurate delivery of anesthesia necessary for surgical procedures. The increasing geriatric population who are highly susceptible to various disorders and degenerative diseases is one of the key factors responsible for the rising demand for surgeries.

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