The Operating Room Equipment Market is expected to register a CAGR of 4.5% during the forecast period, up from US$ 30.9 Bn in 2020 to reach a valuation of US$ 42 Bn by 2027.
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Operating rooms, also known as operation theatres or operating suites, are facilities where all surgical procedures are performed on patients in order to treat various physiological and pathological conditions in a sterile environment. An operating room outfitted with cutting-edge technology ensures better patient care and increased operational efficiency by providing surgeons and other healthcare professionals with greater flexibility and ease of use. All of this equipment is used to improve patient care and operational efficiency by providing surgeons and other healthcare professionals with greater flexibility and ease of use.
Rapid technological advancement has resulted in many changes in the way surgical procedures are performed today all over the world. With new and advanced operating equipment that has become an essential part of modern hybrid operating rooms, operating rooms are becoming more commodious. The global market for operating room equipment is primarily characterised by rising demand for technically advanced operating room equipment as healthcare providers around the world increasingly embrace the concept of hybrid operating rooms.
The hybrid operating room combines surgical and non-surgical functions such as diagnostics, radiology, patient monitoring, and so on in one location, giving surgeons greater operational flexibility by allowing access to advanced imaging modalities such as C-arms, CT scanners, MRI scanners, and so on.
Operating Room Equipment Market: Drivers and Restraints
The global market for operating room equipment is currently being driven by technological advancements in the healthcare sector, an increase in the number of surgical procedures performed around the world, an increase in the number of ambulatory surgical centres, an ageing population, and an increase in the prevalence of chronic disease. However, the high cost of cutting-edge technology devices is a major impediment to the global market for operating room equipment.
Operating Room Equipment Market: Segmentation
Operating room equipment global market is segmented into following types:
Operating Tables
Manual Operating Tables
Powered Operating Tables
Operating Lights
Halogen Lights
LED Lights
Surgical booms
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Operating Room Equipment Market: Overview
The operating room equipment global market is expected to grow at a healthy rate during the forecast period, owing to rapid technological advancement, an increase in the number of ambulatory surgical centres, an increase in the ageing population, an increase in the prevalence of chronic disease, and an increase in the number of surgery procedures worldwide (2015-2025).
Operating Room Equipment Market: Region-wise Outlook
The global operating room equipment market is divided into seven key regions based on geography: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa.
Because of rapid technological innovations and significant investment in research and development, North America is the leading market for operating room equipment. Europe and Asia-Pacific, on the other hand, are expected to grow at a rapid pace due to a large consumer base, rising government initiatives to improve healthcare infrastructure, and high disposable income, which will contribute to the global operating room equipment market value exhibiting a robust CAGR during the forecast period, 2015-2025.
Operating Room Equipment Market: Key Players
Some of the key participating global players in operating room equipment global market are Getinge AB, Creative Health Tech Pvt. Ltd., Stryker Corporation, Siemens Healthcare GmbH, STERIS Corporation, Trumpf Medical, BERCHTOLD Corporation, and others.
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
- Global Operating Room Equipment Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
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