Operating Room Equipment & Supplies Market Secondary & Primary Research, Analysis With Medtronic, STERIS Corporation, Siemens Healthineers, Philips, KARL STORZ
The key areas covered in the report are market definition, market segmentation, competitive analysis and research methodology. What is more, the market research data of Operating Room Equipment & Supplies Market report is interpreted by using established and advanced tools such as SWOT analysis and Porter’s Five Forces Analysis. This market report also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the Operating Room Equipment & Supplies industry. For a booming business, it is quite necessary to get knowledgeable about consumer’s demands, preferences, attitudes and their varying tastes about the particular product. And this Operating Room Equipment & Supplies Market report is right there to solve this purpose comprehensively.
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Analysis.
Operating Room Equipment & Supplies Market is expected to reach USD 31.02 billion by 2025, from USD 25.31 billion in 2017 growing at a CAGR of 3.7% during the forecast period of 2018 to 2025. The operating room equipment & supplies market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Some of the major players operating in the global operating room equipment & supplies market are
Steris Corporation
Stryker Corporation
Philips Healthcare
Getinge Group
Hill-Rom Holdings, Inc.
Drägerwerk AG & Co. KGAA
Ge Healthcare
Medtronic, Inc.
Mizuho SOI
Karl Storz GmbH & Co. Kg
Getinge AB
Creative Health Tech Pvt. Ltd.
Siemens Healthcare GmbH
Trumpf Medical
BERCHTOLD Corporation, among others.
The global operating room equipment & supplies market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of operating room equipment & supplies market for global, Europe, North America, Asia Pacific and South America.
Operating room, which is also known as the operating suite, is a kind of facility where all the surgical procedures are performed on patients in order to treat different physiological and pathological conditions in a sterile environment. Hence, an operating room, that is technically equipped, helps to ensure better patient care and enhanced operational efficiency by empowering surgeons and other healthcare professionals, with greater flexibility and ease of handling. Improving healthcare infrastructure in developing countries, rising interest of foreign hospital chains in expanding their networks in these economies, and growing collaborations between hospitals & foreign investors are the various factors that help to drive the market.
In May 2018, Getinge, which is one of the major key player of the market, announced launch of its first patient transfer solution for multi-modality operating suites, named PILOT. This new patient-centered transfer system allows surgical staff to move patients between imaging systems and treatment rooms without having to reposition them.
In March 2018, Hill-Rom Holdings, Inc. launched new product under the brand name bard parker plus blade with loader. The new product has innovation designed to enhance safety in the operating room, and a safety upgrade.
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Major Market Drivers and Restraints:
Growing investments, funds, and grants by government bodies worldwide
Rising number of hospitals and growing hospital investments in operating room equipment & supplies
Increasing patient preference for minimally invasive surgeries
Growing number of regulatory approvals for operating room equipment
Rising geriatric population coupled with growing number of surgeries globally.
High cost of operating room equipment
Unfavourable healthcare reforms in the U.S.
Segmentation
The global operating room equipment & supplies market is segmented based on equipment market,
Type
End User
Supplies Market
By Type
Geographical Segments
On the basis of equipment market, by type, the market is classified in
Anesthesia machines
Electrosurgical units
Multi-parameter patient monitors
Surgical imaging devices
Operating tables
Operating room lights
On the basis of supplies market, by type, the market is classified in
Surgical instruments
Disposable materials
Accessories
Other or supplies
On the basis of end users, the market is segmented into
Hospitals
Outpatient Facilities
Ambulatory Surgery Centers
By Geography
North America (U.S., Canada, Mexico)
South America (Brazil, Argentina, Rest of South America)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe)
Asia-Pacific ( Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific)
Middle East & Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East & Africa)
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