US Spinal Surgeries
In the U.S., roughly 1.34 million spinal surgeries are performed each year. While there is a lack of publicly available data on how this breaks down by surgical table type, I was able to triangulate an estimate for this breakdown based on available data. Roughly 16% of spinal surgeries are performed on specialty tables, with 84% performed on multi-purpose tables. You'll find a deep dive of my research and triangulation below.
findings, ASSUMPTIONS, AND CALCULATIONS
According to 2016 data (the most recent I could find), there are 1.34 million spinal surgeries performed in the U.S. each year. Despite extensive searching through government data, industry reports, market research, trusted media sites, and other sources, I could not find any precompiled information breaking down the number of surgeries by table type. Instead, I searched for available data that would enable me to triangulate an estimate for this breakdown. I searched for the number of units sold for each table type, but I couldn't find any recent data of this type. Next, I tried to determine if specific table types are used for particular surgical applications (i.e., fusion vs. non-fusion), but there doesn't seem to be a difference in the tables in this regard. I attempted to search for preexisting market research on the spinal surgery table market, which would have provided data on sales or market opportunity; I looked for this market research from third-party research companies as well as from the major players in the industry that you mentioned. However, I was not able to find any relevant market research that provided the required data.
After various failed approaches to this triangulation, I finally found enough data to come up with an estimate. As a starting point, I learned from this source that Mizuho OSI, a producer of spinal surgery tables, has an 80% share of the specialty surgery table market worldwide. The company's revenue is $105 million annually; based on these figures, we can estimate that the total market size for specialty surgical tables is $131 million globally ($105 million is 80% of $131 million). The total global market for surgical tables is $837 million, according to this 2017 report, so $131 million seems to be a fair estimate.
So, if the market for specialty tables is worth $131 million, that leaves a market size of $706 million for multi-purpose surgical tables ($837 million - $131 million = $706 million). In other words, specialty surgical tables account for 16% of the total market, and multi-purpose tables are 84%.
All of the figures presented so far are for the global market, however, not for the U.S. That said, the U.S. accounts for 29% of the global surgical table market based on this 2017 report ($246 million out of $837 million). Moreover, the U.S. accounts for 27.7% of the world's spinal surgeries (1.34 million out of 4.83 million). So, based on this dominant market share, we can assume that the ratio of specialty surgical tables to general surgical tables in the global market also applies to the U.S. market.
If we also assume that the market share of specialty surgical tables is roughly indicative of the share of surgeries performed on these tables (based on the logic that more specialty tables being purchased means more surgeries being performed on those tables, and vice versa), then we can say that 16% of surgeries globally and in the U.S. are being performed on specialty surgical tables (since specialty surgical tables account for 16% of the total market, as explained above).
Finally, if we assume that the percent of spinal surgeries performed on specialty tables is similar to the percent for surgeries overall, then we can say that 16% of spinal surgeries in the U.S. are performed on specialty tables. That means that 214,000 are performed on spinal surgery tables (16% of 1.34 million), and 1.13 million are performed on multi-purpose tables (84% of 1.34 million).
There are 1.34 million spinal surgeries performed in the U.S. each year. Of those, an estimated 16%, or 214,000, are performed on spinal surgery OR tables.