Press release
Operating Room Equipment & Supplies Market Expanding In Hospital Industry With Analysis Of Players Like STERIS Corporation, Stryker, Philips Healthcare SL, Getinge, Hill-Rom, Drägerwerk AG & Co. KGaA, GE Healthcare and More
Report Forecasting Global Operating Room Equipment & Supplies Market Analysis By Equipment Market, By Type (Anesthesia Machines, Electrosurgical Units, Multi-Parameter Patient Monitors, Surgical Imaging Devices, Operating Tables, Operating Room Lights), By Supplies Market, By Type (Surgical Instruments, Disposable Materials, Accessories, Other Or Supplies), By End Users (Hospitals, Outpatient Facilities, Ambulatory Surgery Centers), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) With Industry Trends and Forecast to 2025The Global 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 upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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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.
Competitive Analysis: Global Operating Room Equipment & Supplies Market
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.
Major Market Competitors/Players: Global Operating Room Equipment & Supplies Market
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
Other Players Are 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.
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Market Segmentation: Global Operating Room Equipment & Supplies Market
• The global operating room equipment & supplies market is segmented based on equipment market, by type, end user, supplies market, by type and geographical segments.
• On the basis of equipment market, by type, the market is classified 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 surgical instruments, disposable materials, accessories, other or supplies
• On the basis of end users, the market is segmented into hospitals, outpatient facilities, and ambulatory surgery centers.
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Key Developments in 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.
Related Report:
The global medical bed market accounted to USD 2.53 billion in 2016 growing at a CAGR of 5.4% during the forecast period of 2017 to 2024.
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