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The global operating room equipment market size reached US$ 32.54 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 46.55 Billion by 2027, exhibiting a growth rate (CAGR) of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Also known as a surgery center, an operating room (OR) is a hospital facility wherein surgical procedures are carried out by medical professionals. It is a sterile environment designed for providing specialized care to patients with specific conditions. It is equipped with various equipment, such as surgical lights, operating tables, surgical booms and displays, operating room (OR) integration systems, scrub sinks, and nurse documentation stations. At present, there is a rise in the employment of OR equipment in the healthcare industry as they offer better patient care and enhanced operational efficiency.
The growing number of surgeries globally, along with the introduction of technological innovations and advancements in medical devices, represent one of the key factors driving the market. Moreover, there is an increase in the adoption of minimally invasive procedures due to lesser trauma, reduced hospital stays, and cost-effective procedures. This, coupled with the rising geriatric population across the globe, is propelling the growth of the market. In addition, governments of several countries are extensively investing in the medical sector to enhance hospitals, develop new ORs, and increase the number of new ambulatory surgery centers around the world. In line with this, the expanding healthcare industry is offering lucrative growth opportunities to industry investors. Besides this, there is a rise in the prevalence of cancer, gastrointestinal disorders, and lifestyle-related diseases among the masses. This, along with the growing patient inclination for endoscopic procedures, is positively influencing the market. Additionally, key market players are focusing on research and development (R&D) activities to introduce 3D surgical imaging in endoscopic surgeries, which is bolstering the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global operating room equipment market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and end user.
Breakup by Product Type:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Dragerwerk AG & Co. KGaA, General Electric Company, Getinge AB, Hill-Rom Holdings Inc. (Baxter International Inc.), Karl Storz SE & Co. KG, Koninklijke Philips N.V., Medtronic plc, MIZUHO Corporation, Siemens Healthineers AG (Siemens AG), Skytron LLC, STERIS Corporation and Stryker Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Dragerwerk AG & Co. KGaA, General Electric Company, Getinge AB, Hill-Rom Holdings Inc. (Baxter International Inc.), Karl Storz SE & Co. KG, Koninklijke Philips N.V., Medtronic plc, MIZUHO Corporation, Siemens Healthineers AG (Siemens AG), Skytron LLC, STERIS Corporation and Stryker Corporation.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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