Operating Room Equipment and Supplies Market, Company Analysis and Forecast to 2025

An operating room includes necessary as well as supportive equipment required during surgical interventions such as surgical table and surgical table accessories, digital integration systems, disposables and consumables, sterilization and cleaning equipment, stretchers and stretcher accessories, and surgical or exam lights. Due to the emergence of the advanced diagnostic and imaging technology equipment used in the operating room, and higher adaptation of the these equipment in the operating room causes, operating room to become more congested and complex. However, advancement in surgical equipment has aided in simplifying and streamlining operating rooms. For instance, operating room integration system is designed to access data, videos, and controls for all the devices at a central command station, allowing surgeons to perform various tasks efficiently without the need to move around in operating rooms.

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Market Dynamics

Increasing patient preference for minimally or non-invasive surgeries, owing to reduction in post-operative trauma and complications and reduced hospital stay are factors expected to drive demand for advanced operating room equipment and supplies. The increasing preference for minimally or non-invasive procedures over conventional open surgeries has led to the development of hybrid operating rooms equipped with various complex surgical equipment products ranging from operating room lighting to patient monitoring devices. For instance, according to the American Society of Plastic Surgeons (ASPS): 2016-annual plastic surgery procedural statistics, around 15.9 million surgical and minimally-invasive cosmetic procedures were performed in the U.S. in 2015, with 2% increase over 2014. In addition to this, increasing national healthcare expenditure by various governments is expected to drive growth of the operating room equipment and supplies market. For instance, according to the Centers for Medicare & Medicaid Services (CMS): 2016-Research Statistics Data and Systems, retail spending for non-durable medical products such as medical instruments and surgical dressings increased by 4.4% to US$ 62.2 trillion in the U.S. in 2016. Moreover, hospital care spending accounted for around 32% of the total healthcare spending in the U.S., which exhibited an increase of 4.7% to reach US$ 1.1 trillion in 2016, over the prior year (2015)

Key features of the study:

This report provides in-depth analysis of operating room equipment and supplies and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year.

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launch or approval, regional outlook, and competitive strategy adopted by the leading players

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It profiles leading players in the global operating room equipment and supplies market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered as a part of this study include Drägerwerk AG & Co. KGaA, Fujifilm Holdings Corporation, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Medtronic, plc, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, and Siemens AG.

Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future type up-gradation, market expansion, and marketing tactics

The global operating room equipment and supplies market report caters to various stakeholders in this industry including investors, researchers, operating room equipment and supplies manufacturers, distributors, new entrants, and financial analysts.

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the operating room equipment and supplies market.

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