Operating Room Equipment Market Report - Opportunities And Strategies | Global Forecast To 2030

The Business Research Company’s Operating Room Equipment Market Report - Opportunities And Strategies - Global Forecast To 2030

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The global operating room equipment reached a value of nearly $27,937.0 million in 2019, having grown at a compound annual growth rate (CAGR) of 3.98% since 2015, and is expected to grow at a CAGR of 3.95% to nearly $32,625.7 million by 2023. Also, the operating room equipment market is expected to grow to $35,196.9 million in 2025 at a CAGR of 3.87 % and to $42,660.1 million in 2030 at a CAGR of 3.92%.

The Key drivers of the operating room equipment market include:
The increase in the size of the patient pool due to the growing geriatric population globally contributed significantly to the growth of the operating room equipment market during the historic period.

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Operating Room Equipment Market Segmentation:-
By Type Of Equipment
1. Anesthesia Devices
2. Patient Monitors
3. Endoscopes
4. Surgical Imaging Devices
The anesthesia and respiratory devices market was the largest segment of the operating room equipment market, accounting for $8,767.7 million or 31.4% of the total market in 2019. The endoscopes market is expected to be the fastest growing segment going forward at a CAGR of 5.1% during 2019-2023.

By End-Users
1. Hypermarkets
2. Specialized Pet Shops
3. Internet Sales
4. Others
The hospitals market was the largest segment of the operating room equipment market, accounting for $23,280.3 million or 83.3% of the total market in 2019. The outpatient facilities and ambulatory surgery centers market is expected to be the fastest growing segment going forward at a CAGR of 5.3% during 2019-2023.

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By Geography - The operating room equipment market is segmented by geography into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

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Some of the major key players involved in the operating room equipment market are
1. Medtronic plc
2. Olympus Corporation
3. General Electric Company
4. Stryker Corporation
5. Koninklijke Philips N.V.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

This release was published on openPR.