The global Surgical Booms Market is set for steady growth, with its valuation projected to rise from USD 276.0 million in 2022 to USD 380.2 million by 2029, at a compound annual growth rate (CAGR) of 4.7% during the forecast period. This growth reflects the increasing adoption of modern equipment management systems in healthcare facilities, including hospitals and ambulatory surgical centers.
Surgical booms, also known as equipment management booms, play a crucial role in enhancing operating room efficiency and safety by organizing and centralizing surgical tools and equipment. The rising demand for minimally invasive procedures and the ongoing modernization of surgical suites are key factors driving the market forward. These systems improve workflow by reducing clutter, enabling better ergonomics, and ensuring quick access to critical equipment.
North America leads the market due to advanced healthcare infrastructure and a high focus on adopting state-of-the-art surgical technologies. Meanwhile, regions such as Europe and Asia-Pacific are witnessing notable growth, driven by increasing investments in healthcare infrastructure and the growing number of ambulatory surgical centers.
As healthcare systems worldwide prioritize operational efficiency and patient safety, the demand for advanced surgical equipment management solutions continues to rise. The market is expected to benefit from ongoing innovations and increased investments in healthcare modernization.
Key Takeaways:
- The surgical booms market is expected to grow from USD 276.0 million in 2022 to USD 380.2 million by 2029, at a CAGR of 4.7%.
- Growing adoption of modern equipment management systems in hospitals and ambulatory surgical centers is driving market expansion.
- North America dominates the market, with Asia-Pacific and Europe showing promising growth potential due to healthcare investments.
- Surgical booms are integral to improving operating room efficiency, safety, and workflow management in modern healthcare settings.
Market Overview
- The market size reached approximately USD 276.0 million in 2022.
- It is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2029, potentially surpassing USD 380.2 million by the end of this forecast period
Key Drivers of Growth
- Adoption of Modern Equipment Management Systems: Hospitals and ambulatory surgical centers are increasingly adopting surgical booms for better equipment management and organization in operating rooms
- Rising Number of Surgical Procedures: The growing prevalence of chronic diseases and the need for surgical interventions are leading to an increase in the number of surgeries performed globally
- Technological Advancements: Continuous improvements in surgical technology, including minimally invasive techniques and robotic-assisted surgeries, drive the demand for specialized equipment such as surgical booms
Competitive Landscape
Leading players operating in the surgical booms market are constantly introducing new products with enhanced features. They have adopted various strategies such as such as partnerships, advanced product launches, collaborations and acquisitions to gain a competitive edge in the global market.
- In December 2021, Baxter International Inc., a global medtech leader completed the acquisition of Hillrom. The acquisition will help the company to expand its product portfolio and provide better services to its customers.
- In December 2020, Skytron expanded its surgical booms portfolio with the launch of a new product called the Freedom boom.
Key Companies Profiled
CV Medical LLC.;Stryker Corporation; Hill Rom Holdings Inc.; Amico Group of Companies; Steris Plc; Ondal Medical Systems GmbH; Getinge Group; Pratibha Medinox; Skytron LLC; Palakkad Surgical Industries
A Full Report Overview
Surgical Booms Market by Category
By Product:
- Equipment Booms
- Utility Booms
- Anesthesia Booms
- Custom Booms
By End User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Hybrid Operating Rooms
By Installation:
- Roof Mounting
- Floor Mounting
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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