Europe Expected to Remain the Most Lucrative in the Global Market for Examination Tables During 2017-2022
New York City, NY, November 16, 2017 (Newswire.com) - An examination table also referred to an exam table is utilized to keep patients at the time of medical examinations. Through these exams, the doctors in hospitals, clinics and offices utilize a regulating device to direct as well as position the table to let closer examination of a part or the whole patient along with the facility to shift the patient off and on the table securely.
There are mainly two types of examination tables, specifically procedure or exam tables and treatment tables. With a rising pressure on the healthcare segment and so on the healthcare professionals, hospitals are seeking for methods to relentlessly improve the working environment of the nurses, doctors along with other treatment staff.
The worldwide market for examination tables is considered to account for a valuation of around US$ 440 Million by 2022 and is set to register an average CAGR of 4.0% throughout the conjecture period 2017-2025.
Market Segmentation
Analysis by product type
Based on product type, the market is broadly categorized into special examination table and a general examination table. The special examination table is set to account for a valuation of close US$ 150 Million by 2022. The general examination table is likely to account for a value of around US$ 290 Million through 2022.
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Analysis by end user
The end users in the worldwide market includes
• Clinics
• ASCs
• Hospitals
The hospital's segment is slated to attain a valuation of nearly US$ 200 Million by the end of the forecast period, exhibiting a CAGR of 4.0%. The ASC segment will be reaching a valuation of close to US$ 100 Million in 2017 and will be gaining more market share in 2022.
Analysis by source type
The source type is mainly divided into manual and powered. The powered segment is projected to lose its market share and will be touching a figure close to US$ 140 Million by 2022.
Analysis by region
The worldwide market is segmented into
• Middle East and Africa
• Asia Pacific excluding Japan
• Japan
• Europe
• Latin America
• North America
The European market will be dominating the worldwide market for examination tables in valuation terms and this trend will be sustaining itself over the projection period. The Germany region in the European Market for examination tables will be exhibiting a CAGR of 5.0% during 2017-2022.
Key Market Player
The major companies functional in the worldwide market for examination tables, among others, include
• Hamilton Medical AG
• ADDvise Group AB
• United Metal Fabricators, Inc
• Skytron Corporation
• Narang Medical Limited
• Allengers Medical Systems Limited
• Cardinal Health, Inc.
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Source: Persistence Market Research
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