What is Operating Room Equipment Market?
Operating room equipment are designed to provide care to patients with a range of condition in the operation room. The operating room is a unit of the hospital where surgical procedures are performed in an aseptic environment. This room involves special equipment such as emergency resuscitative devices, respiratory and cardiac support, patient monitors and diagnostic tools. This equipment increase efficiency and precision in the operating room as well as improves the comfort level and speeds recuperation time for patients.
The market study is being classified by Type (Anesthesia Machines, Patient Monitors, Endoscopy Equipment, Lights-Surgical, Surgical Imaging Devices, Surgical Tables, Respiratory Ventilators, Medical Gas Equipment, Trolley, LCDs, Infusion Pump, Electrosurgical Generators, Microscopes and Others), by Application (Hospitals, Outpatient Facilities and Ambulatory Surgery Centers (ASCs)) and major geographies with country level break-up.
Medtronic, Inc. (Ireland), GE Healthcare (United Kingdom), Philips Healthcare (The Netherlands), Stryker Corporation (United States), KARL STORZ GmbH & Co. KG (Germany), STERIS Corporation (United States), Getinge Group (Sweden), Hill-Rom Holdings, Inc. (United States), Drägerwerk AG & Co. KGaA (Dräger) (Germany), Mizuho OSI (United States) and Steris Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Spark Electro Medical Eequipments (India), DeWys Manufacturing, Inc (United States), Terra Universal Inc (United States), Vega Medical (Bulgaria) and Atlas Surgical (India).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Operating Room Equipment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Operating Room Equipment market by Type, Application and Region.
On the basis of geography, the market of Operating Room Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number of Hospitals and Increased Hospital Investment
- Rise in the Number of Surgeries Performed Wordwide
Market Trend
- Technological Advancements in the Healthcare Sector
Restraints
- High Cost of the Operating Room Equipment
Opportunities
- Growth in the Healthcare Industry Worldwide
- Increased Research and Development Activities
Challenges
- Increasing Competition in the Market
Key Target Audience
Operating Room Equipment Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users