IMARC Group, a leading market research company, has recently releases report titled “Operating Room Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global operating room equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Operating Room Equipment Market?
The global operating room equipment market size reached US$ 34.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
What is Operating Room Equipment?
Operating room equipment is used in healthcare facilities for carrying out different surgical procedures. It comprises surgical tables, lights, anesthesia machines, electrosurgical units, and surgical monitors. It is easy to use and ergonomically designed to enable healthcare professionals to work more effectively, leading to enhanced productivity and cost-effectiveness. It is designed to enhance surgical outcomes, improve patient safety, and facilitate surgeon performance. It also ensures optimal patient care, surgical precision, and efficient workflow in the operating room. In addition, it offers various features, such as integrated monitoring systems, anesthesia delivery systems, and infection control mechanisms.
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What are the growth prospects and trends in the operating room equipment industry?
At present, the increasing number of surgeries, along with various technological innovations in medical devices, represents one of the key factors supporting the growth of the market.
Besides this, the growing popularity of minimally invasive (MI) procedures due to associated benefits, such as lesser trauma, reduced hospital stays, and cost-effective procedures, is offering a favorable market outlook. In addition, governing agencies of various countries are investing in the procurement of medical equipment and modular operation theaters (OTs), which are contributing to the growth of the market.
Moreover, the rising collaborations between hospitals and foreign investors are bolstering the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Anesthesia Devices
- Endoscopes
- Operating Room Tables and Lights
- Electrosurgical Devices
- Surgical Imaging Devices
- Patient Monitors
- Others
Breakup by End User:
- Hospitals
- Ambulatory Surgical Centers
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Dragerwerk AG & Co. KGaA
- General Electric Company
- Getinge AB
- Hill-Rom Holdings Inc. (Baxter International Inc.)
- Karl Storz SE & Co. KG
- Koninklijke Philips N.V.
- Medtronic plc
- MIZUHO Corporation
- Siemens Healthineers AG (Siemens AG)
- Skytron LLC
- STERIS Corporation
- Stryker Corporation
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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