Global Operating Room Equipment Market Study Offering Deep Insight Related to Growth Trends until 2023

Albany, USA, 2018-Apr-18 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Operating Room Equipment, Market Research Reports Search Engine (MRRSE) has included a new report titled “Operating Room Equipment Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

Click to Get Sample PDF or View Summary of Report with TOC @ https://www.mrrse.com/sample/1078

The global operating room equipment market is fairly fragmented as a large number of regional players held a combined market share of 42.0% in 2014,. A major part of the remaining share amounting to 58.0% was held by the top five companies. Some of the leading companies operating in the global are GE Healthcare, Stryker Corporation, and Siemens Healthcare, with GE Healthcare holding a significant revenue share of about19.0% in the same year.

The top players are making substantial investments in research and development of innovative equipment to consolidate their shares across regions,. Several players are focusing on developing advanced equipment for hybrid operating room in order to gain a competitive edge over others. The global market for operating room equipment is projected to expand at a CAGR of 6.68% from 2015 to 2023. The market was valued at US$24 bn in 2014 and is expected to reach over US$42 bn by the end of the forecast period.

Movable Imaging Systems Gaining Traction for Intricate Surgeries

North America and Europe are two of the leading regional markets for operating room equipment. The growth of these regional markets is fueled by the accelerating uptake of advanced medical devices to boost surgical outcomes and constant upgrade of various equipment. A large number of companies are focusing on developing innovative products, thereby boosting the market.

Based on product, the operating room equipment market is segmented into movable imaging systems, endoscopes, biomedical systems, anesthesia systems, operating room lights, operating tables, surgical imaging displays, surgical booms, microscopes, and operating room integration systems. Of these, currently, the movable imaging product segment holds a robust revenue share and is projected to expand at a CAGR of 8.20% during 2015–2023. The growth in this segment is driven by rapid modernization of hospitals supported by various regional governments.

Modernization of Healthcare Infrastructure in Developing and Developed Regions to Bolster Uptake

The operating room equipment market is mainly driven by the constantly improving healthcare infrastructure in various developing and developed regions and constant advancements in imaging technologies. The burgeoning medical tourism in several countries of Asia Pacific and Latin America is positively impacting the growth of the operating room equipment market. The growing popularity of minimally invasive surgical procedures and soaring demand for new therapeutic and diagnostic options are the factors boosting the market. In addition, various modernization initiatives of healthcare institutions in advanced nations is expected to accentuate the operating room equipment market.

The increasing demand of hybrid operating room is fuelled by the competitive benefits offered to surgeons and clinicians as they have greater flexibility across surgical procedures, which ensures patient safety and expand their therapeutic options. In addition, the proliferation of multispecialty hospitals in emerging nations of Asia, particularly India, is expected to open exciting opportunities for market players.

For Complete Report Reading with Tables and Figures @https://www.mrrse.com/operating-room-equipment

Several modernization initiatives of surgical solutions that cater to outpatients have led to the demand for ambulatory surgical centers (ASCs), especially in the U.S. This is expected to bolster the uptake of operating room equipment in ASCs. However, the high investment required for advanced operating room equipment in ASCs, paucity of trained clinicians, and modernization initiatives in hospitals done without progressive planning are crucial factors may hinder the market to an extent. Nevertheless, the growing popularity of intraoperative imaging to streamline workflow and the preference of minimally invasive surgeries are expected to open up exciting opportunities for market players. Furthermore, the presence of high unmet needs in Mexico, Brazil, and several countries of Latin America is expected to bolster the demand for operating room equipment in these countries, thereby creating lucrative growth avenues for players.

The operating room equipment market report also includes recommendations section that will assist new companies to establish their presence and existing players to expand their market shares. Key players in the operating room equipment market include Allen Medical (Hill ROM), GE Healthcare, KARL STORZ GmbH & Co. KG, Mizuho OSI, Maquet Holding B.V. & Co. KG (Getinge AB), Olympus Corporation, Philips Healthcare, Siemens Healthcare, Skytron, LLC, Steris Corporation, Stryker Corporation, and TRUMPF GmbH + Co. KG.

The global operating room equipment market has been segmented as follows:

Global Operating Room Equipment Market, by Product Type

  • Movable Imaging Systems
  • Biomedical Systems
  • Endoscopes
  • Anesthesia Systems
  • Operating Tables
  • Operating Room Lights
  • Surgical Imaging Displays
  • Operating Room Integration Systems
  • Surgical Booms
  • Microscopes

Global Operating Room Equipment Market, by Geography

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East & Africa

Enquire about This Report @ https://www.mrrse.com/enquiry/1078

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY – 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

Matched content

Editor’s pick

Express Press Release Distribution