The global operating room equipment market size 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:
https://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 operating
room equipment 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 request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/operating-room-equipment-market/request/rs1
Grand
View Research has segmented the global 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
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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