Operating Room Equipment Market Size By Product Type, By End-User, By Geographic Scope And Forecast
Operating Room Equipment Market was valued at USD 26.62 Billion in2019 and is projected to reach USD34.56 Billion by 2027, growing at a CAGR of 3.33 % from 2020 to 2027.

Operating Room Equipment Market Size AndForecast

The Global Operating Room EquipmentMarket report provides a holistic evaluation of the market for the forecastperiod. The report comprises various segments as well as an analysis of thetrends and factors that are playing a substantial role in the market. Thesefactors; the market dynamics involve the drivers, restraints, opportunities,and challenges through which the impact of these factors in the market isoutlined. The drivers and restraints are intrinsic factors whereasopportunities and challenges are extrinsic factors of the market. The GlobalOperating Room Equipment Market study provides an outlook on the development ofthe market in terms of revenue throughout the prognosis period.

Operating Room Equipment Market was valued at USD 26.62 Billion in2019 and is projected to reach USD34.56 Billion by 2027, growing at a CAGR of 3.33 % from 2020 to 2027.

What are Operating Room Equipment?

The operating room is a medicalfacility within a hospital where all the surgical treatments are performed onpatients to treat different pathological and physiological situations in asterile environment. It also known as an operating theatre or operating suite.The OR equipment comprises operating room lights, surgical & operatingtables, anesthesia devices, surgical devices, patient monitors and many others.The technically advanced rooms safeguard patient well-being and enhancedoperational efficiency by encouraging surgeons and healthcare professionalswith greater flexibility, operational efficiency, and ease of handling.

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Operating rooms are transformedinto modern hybrid operating rooms with advanced hi-tech equipments such ashigh resolution and high definition surgical imaging displays and movableimaging systems. The minimally invasive surgery, advanced medical procedures,staff efficiency, patient safety, and many more are the benefits of ORequipment. The equipments are used mainly in all surgical operations butextensively exercised in image-guided procedures, robotic surgery, telesurgery,thoracic and cardiovascular surgery.

Global Operating Room Equipment MarketOutlook

In the report, the market outlook section mainly encompassesfundamental dynamics of the market which include drivers, restraints,opportunities and challenges faced by the industry. Drivers and Restraints areintrinsic factors whereas opportunities and challenges are extrinsic factors ofthe market.
The rising demand for hybrid operating rooms, product innovations driven byadvances in technology, and increasing number of ambulatory surgical centers isexpected to fuel the growth of the global operating room equipment market. Therising number of hospitals and growing hospital investments in operating roomequipment & supplies globally is likely to drive the demand for theforecast period.

 

Furthermore, the rising geriatric population coupled with growingnumber of surgeries, and increasing patient preference for minimally invasivesurgeries are anticipated to propel the market growth. On the contrary, thepatient safety concerns in the OR, high costs associated with OR equipment, andintense competition are the potential restraints hindering the overall growthof operating room equipment market. The growing healthcare market in emergingeconomies offers favorable growth opportunities whereas the lack of trainedprofessionals is the challenge faced by the global operating room equipmentmarket.

Verified Market Research narrowsdown the available data using primary sources to validate the data and use itin compiling a full-fledged market research study. The report contains aquantitative and qualitative estimation of market elements which interests theclient. The “Global Operating Room Equipment Market” is mainly bifurcated intosub-segments which can provide a classified data regarding latest trends in themarket.

Global Operating Room Equipment MarketCompetitive Landscape

The “Global Operating Room EquipmentMarket” study report will provide a valuable insight with an emphasis on globalmarket including some of the major players such as Philips Healthcare,Medtronic, Getinge AB, Stryker Corporation, Siemens Healthineers, Karl StorzGmbH & Co. Kg, GE Healthcare, Hill Rom (Trumpf Medical), STERIS plc, MIZUHOOSI, and Others. Our market analysis also entails a section solely dedicatedfor such major players wherein our analysts provide an insight to the financialstatements of all the major players, along with its product benchmarking andSWOT analysis. The competitive landscape section also includes key developmentstrategies, market share and market ranking analysis of the above-mentionedplayers globally.

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Operating Room Equipment Market, By Product Type

• Anesthesia Machines
• Electrosurgical Devices
• Surgical Imaging Devices
• Operating Tables
• Operating Room Light
• Others

 Operating Room Equipment Market, By End-User

• Hospitals
• Ambulatory Surgical Centers
• Outpatient Facilities
• Others

Operating Room Equipment Market Geographic Scope

• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America

 

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