San
Francisco, Nov 23 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.
Browse full research report on Operating Room Equipment Market:
www.grandviewresearch.com/industry-analysis/operating-room-equipment-market
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
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
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
Browse press release of this report
by Grand View Research: 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.
For more information:
www.grandviewresearch.com
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