Published on : May 24, 2018
Albany, New York, May 24, 2018: The most important part of a hospital is its operating room, which is also called the surgery center. Most operating rooms today now have to be equipped with technologically advanced equipment and functions, because the number of surgical procedures has been increasing. Market Research Hub (MRH) has publicized a study titled “Operating Room Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2023” to its vast archive, which states the operating room equipment market has been witnessing steady growth over the years. In order to provide a deep overview of the market, the study offers analysis of the current market trends and future estimations in the market.
Operating rooms are equipped with special devices to provide specific types of patient care. In the present time, as surgeries become more and more composite, the need for technologically innovative, varied, and ergonomically designed operating tables has emerged. This, as a result, has given significant rise to the global operating room equipment. In this precise study, the research study presents market preface which talks about market definition, key research objectives, and research highlights. Further, the readers can access data about the executive summary that covers market snapshot to enlighten them about the motive of the study. Other important facets studied in this section include market dynamics and competitive strategies.
Key Highlights from the Study
- As per the analyst projections, the research identified that the market is all set to expand at a strong 6.7% CAGR during the forecast period. Also, the value of the operating room equipment market is poised to reach US$42,873.3 million by 2023. The rising popularity of minimally invasive surgical procedures and demand for novel therapeutic and diagnostic preferences are the factors enhancing the market.
- Geographically, the report is segmented into the operating room equipment market into North America, Middle East & Africa (MEA), Europe, Asia Pacific, and Latin America; the regions are analyzed in terms of revenue and volume generation along with the CAGR for the period from 2017 to 2023. The analysts have detected that constantly improving healthcare infrastructure in various developing and developed regions and constant advancements in imaging technologies are driving market growth steadily. The mushrooming medical tourism in several countries of the Asia Pacific and Latin America is positively impacting the growth of the operating room equipment market.
- Further, this research report categorizes the global operating room equipment market on the basis of product type. Product-wise, this report segments the operating room equipment market into microscopes, biomedical systems, surgical booms, endoscopes, operating room integration systems, surgical imaging displays, operating room lights, movable imaging systems, operating tables, and anesthesia systems. According to the study evaluations, the global operating room integration systems market is projected to be worth US$1,042.0 million by 2023.
At last, the report covers exhaustive competitive outlook that contains market share and profiles of key players functioning in the global market. Key players profiled in the study include Allen Medical (Hill ROM), GE Healthcare, Maquet Holding B.V. & Co. KG (Getinge AB), KARL STORZ GmbH & Co. KG, Siemens Healthcare, Stryker Corporation Mizuho OSI, Olympus Corporation, Philips Healthcare, Skytron, LLC, Steris Corporation, and TRUMPF GmbH + Co. KG.
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