San Francisco, 15 April , Operating Room Equipment Market Analysis By Product (Anesthesia
Devices, Endoscopes, OR Tables, OR Lights, Electrosurgical Devices, Surgical
Imaging Devices, Patient Monitors), By End-use, And Segment Forecasts, 2018 -
2025
The global operating room equipment market is expected to reach USD
48.50 billion by 2025 according to a new report by Grand View Research, Inc.
The market is primarily driven by increasing investments for improving hospital
care facilities, rising number of new hospitals & ambulatory care centers,
increasing patient preference for minimally invasive procedures, and an
increase in the number of surgeries performed globally.
Growing funds & investments
by various government bodies and private investors are also contributing to the
growth of the market. For instance, in its 2016-17 budget, the Hong Kong
government dedicated a provision of USD 200 billion for a ten-year hospital
development plan that would help expand and upgrade healthcare facilities.
Under the plan, number of operating theaters would increase by 40% and
specialist outpatient service capacity would increase by 40% from 6.8 million
to 10 million attendances for a year. The development plan also includes
redevelopment and expansion of various hospitals in the region.
In addition, a rapid increase
in the number of elderly people & rising prevalence of chronic diseases are
increasing the demand for surgical interventions and contributing to the
expansion of the market. Technological innovations in medical devices are
driving the adoption of advanced medical equipment in surgical procedures. Key
players are focusing on product innovations and new launches to cope with
growing needs.
Furthermore, improving
healthcare infrastructure in emerging economies, large patient pool, and
untapped opportunities in developing nations are attracting foreign investors
to hospitals and the healthcare sector. Thus, growing investments in emerging
economies and establishment of new hospitals & healthcare centers are
expected to boost growth in the next few years.
Access Full Research
Report On Operating Room Equipment Market Analysis:
Further Key Findings From the Report Suggest:
·
The anesthesia devices segment
held majority of the revenue share in 2016 due to a rise in the volume of
surgical procedures
·
Hospitals dominated the end-use
segment in 2016 primarily due to increasing number of hospitals and rising
investments in operating theaters
·
North America dominated the
global market owing to a rapid increase in geriatric population and rising
prevalence of various diseases
·
Some of the key players
includeSTERIS plc; Stryker; KARL STORZ GmbH & Co. KG; GE Healthcare;
Siemens Healthineers; and Hill-Rom (Trumpf Medical)
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
operating room equipment market on the basis of product, end-use, and region:
Operating Room Equipment
Product Outlook (Revenue, USD Million, 2014 - 2025)
·
Anesthesia Devices
·
Endoscopes
·
Operating Room Tables
·
Operating Room Lights
·
Electrosurgical Devices
·
Surgical Imaging Devices
·
Patient Monitors
·
Others
Operating Room Equipment
End-Use Outlook (Revenue, USD Million, 2014 - 2025)
·
Hospitals
·
Ambulatory Surgical Centers
Operating Room Equipment
Regional Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
o
South Africa
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-operating-room-equipment-market
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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