Press release
Penetration of new technology to drive Global Operating Room Equipment Market – Major players are STERIS Corporation, Stryker Corporation, Drägerwerk AG & Co. KGaA, Getinge Group, Medtronic, Inc., Hill-Rom Holdings, Inc.,GE Healthcare, Philips Healthca
The global Operating Room Equipment market is anticipated at USD 27.27 billion in 2018 and predicted to be developing at a CAGR of 3.9 %, to attain USD 33.02 billion by 2023. The Operating Room (OR), also called a Operating theatre or Operating suite is a facility for performing surgical strategies to deal with special physiological and pathological conditions in the sterile environment. An operating room equipped with technically advanced devices and surgeons and intervention lists with more flexibility and simplicity in dealing with.
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Factors affecting market growth:
Increasing number of ambulatory surgical centers (+)
Escalating awareness about minimally invasive procedures (+)
Growing incidences of chronic disease (+)
Improving healthcare infrastructure (+)
Intensifying investments for technological advancements (+)
High cost of the devices (-)
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Market Segmentation
The Global Operating Room Equipment market is geographically segmented into
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
The operating Room Equipment market is dominated by North America, followed by Europe and Asia-Pacific. Asia Pacific is expected to increase at maximum CAGR in the forecast period.
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Key players:
The main firms of the market include STERIS Corporation, Stryker Corporation, Drägerwerk AG & Co. KGaA, Getinge Group, Medtronic, Inc., Hill-Rom Holdings, Inc., Mizuho OSI, GE Healthcare, Philips Healthcare, and KARL STORZ GmbH & Co. KG.
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