Impact of COVID-19 on the Mobile Operating Tables Market, 2020-2027
Dublin, July 21, 2020 (GLOBE NEWSWIRE) -- The "Mobile Operating Tables - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 8th edition of this report. The 229-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Mobile Operating Tables Market to Reach US$1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Mobile Operating Tables estimated at US$804.1 Million in the year 2020, is projected to reach a revised size of US$1 Billion by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027.
Manual Power Source, one of the segments analyzed in the report, is projected to grow at a 2.2% CAGR to reach US$87.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electric Power Source segment is readjusted to a revised 3.3% CAGR for the next 7-year period. This segment currently accounts for a 14.3% share of the global Mobile Operating Tables market.
The U.S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 3.5% CAGR for the Period of 2020-2027
The Mobile Operating Tables market in the U.S. is estimated at US$236.6 Million in the year 2020. The country currently accounts for a 29.43% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$184.3 Million in the year 2027 trailing a CAGR of 3.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR while Rest of European market (as defined in the study) will reach US$184.3 Million by the year 2027.
Hydraulic Power Source Segment Corners a 57.3% Share in 2020
In the global Hydraulic Power Source segment, USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$370.4 Million in the year 2020 will reach a projected size of US$494.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$115.5 Million by the year 2027.
Competitors identified in this market include, among others:
AGA Sanitatsartikel GmbH
Alvo Spolka Z Ograniczon Odpowiedzialnoci Sp. K. (Alvo Medical)
Famed ywiec Sp. z o. o.
Fazzini Srl
Hill-Rom Holdings, Inc.
Image Diagnostics, Inc.
Lojer Oy
MAQUET Holding B.V. & Co. KG
Medifa-Hesse GmbH & Co. KG
Merivaara Oy
Ningbo Techart Medical Equipment Co. Ltd.
OPT Surgisystems S.R.L. (TKB Group)
Schaerer Medical USA, Inc.
Siemens AG
Skytron LLC
Steris PLC
Stryker Corporation
UFSK-International OSYS GmbH
Total Companies Profiled: 46
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