Operating Room Equipment and Supplies Market Prophesied to Grow at a Faster Pace by 2025

Continuous advancement in surgical procedures has led to increasing demand for more sophisticated and advanced operating room equipment and supplies. Minimally invasive surgery, image-guided procedures, robotic surgery, and telesurgery are replacing the conventional surgical procedures and these require image-guided vascular access technologies and other endoscopic access techniques. Increasing complexity of procedures and patients has resulted in rising demand for monitoring and support systems used in specialized operating rooms. Moreover, depending on the type of surgery, the requirement for surgical equipment differs. For instance, in pediatric surgery room, additional surgical devices such as non-blood contacting biventricular cardiac assist device, umbilical venous catheter, and portable surgical microscope are required. The placement of operating room equipment and supplies also depends on the size of the room, room orientation, supply for medical gases, number of location of electrical and medical gas outlets, access of the room, and location of the room.

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Rising number of surgical procedures and interventions is expected to augment growth of the operating room equipment and supplies market over the forecast period

Rising number of surgical procedures across the globe is expected to drive growth of the operating room equipment and supplies market. For instance, in 2015, 1.36 million caesarean procedures were performed in the European countries, which includes over 220 thousand caesarean section procedures in Germany, around 200 thousand in the U.K., and over 170 thousand in Italy. Moreover, according to the German Heart Surgery Report 2016, there were 103,128 heart surgery procedures reported in the German Society for Thoracic and Cardiovascular Surgery (GSTCVS) registry. Around 33,451 isolated heart valve procedures including 11,701 catheter-based procedures with an in-hospital mortality of 4.3% were reported. In addition to this, among the total heart surgery procedures conducted, around 15.7% of the patients were aged 80 years. An increase of 0.9% was observed in the heart surgery procedures performed on patients aged 80 years as compared to that in 2015, according to the same source.

Increasing investments in product developments is fueling the market in Asia

North America is expected to account for the largest market share in operating room equipment and supplies market over the forecast period. This is owing to increasing investments by hospitals to upgrade operating rooms and equipment, increasing numbers of surgical procedures in the region, and rising prevalence of chronic diseases in the U.S. For instance, According to the National Cancer Institute- 2014 data findings, there were an approximately 3.0 million men living with prostate cancer in the U.S., in 2014. In addition, approximately 11.6% of men will be diagnosed with prostate cancer at some point during their lifetime, based on 2012-2014 data. Furthermore, prostate cancer represents 9.6% of all new cancer cases in the U.S. in 2014.

Competitive Analysis:

• 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
• Siemens AG

Detailed Segmentation:

• Global Operating Room Equipment and Supplies Market, By Product Type:
◦ Supplies Type
▪ Surgical Instruments
▪ Disposable Materials
▪ Accessories
▪ Other Operating Room Supplies
◦ Equipment Type
▪ Anesthesia Machines
▪ Electrosurgical Units
▪ Multi-Parameter Patient Monitors
▪ Surgical Imaging Devices
- Mobile C-arms
- Mini C-arms
▪ Operating Tables
▪ Operating Room Lights
▪ Other Operating Room Equipment

• Global Operating Room Equipment and Supplies Market, By Application:
◦ Orthopedic and Trauma Surgeries
◦ Neurosurgeries
◦ Cardiovascular Surgeries
◦ Gastrointestinal Surgeries
◦ Other Applications

• Global Operating Room Equipment and Supplies Market, By End User:
◦ Hospitals
◦ Ambulatory Surgical Centers
◦ Emergency Clinics
◦ Other End Users

• Global Operating Room Equipment and Supplies Market, By Geography:
◦ North America
◦ Europe
◦ Asia Pacific
◦ Latin America
◦ Middle East
◦ Africa

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This release was published on openPR.