Operating Room Equipment Market
Operating Room Equipment Market By Type (Anesthesia Machines, Electrosurgical Devices, Multi-parameter Patient Monitors, Surgical Imaging Devices, Operating Tables, Operating Room Lights, Surgical Navigation Systems) and By End User - Global Market Insights 2022 to 2032
Analysis of Operating Room Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Operating Room Equipment Market Outlook (2022 to 2032)
The global operating room equipment market is appraised at US$ 37.3 billion and is projected to reach a valuation of US$ 59.5 billion by the end of 2032. Sales of operating room equipment are expected to increase at a CAGR of 4.7% between 2022 and 2032.
North America is anticipated to account for a notable revenue share of more than 35% of the global operating room equipment market by the end of the forecast period, expanding at a higher than global CAGR of 6% through 2032.
Report Attributes | Details |
---|---|
Operating Room Equipment Market Size (2022) | US$ 37.3 Billion |
Projected Market Value (2032F) | US$ 59.5 Billion |
Global Market Growth Rate (2022 to 2032) | 4.7% CAGR |
North America Market Growth Rate (2022 to 2032) | 6% CAGR |
Hospitals Segment Share (2032F) | ~70% |
Key Companies Profiled | Stryker Corporation; Siemens Healthcare GmbH; Hill-Rom Holdings Inc.; SKYTRON; Medtronic; STERIS plc.; Dragerwerk AG & Co. KGaA; Getinge AB; Creative Health Tech Pvt. Ltd.; FUJIFILM Holdings Corporation; GE Healthcare; Koninklijke Philips N.V.; Smiths Medical; Mizuho OSI; BERCHTOLD Corporation; STORZ MEDICAL AG |
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Operating Room Equipment Sales Analysis (2017 to 2021) in Comparison to Market Forecasts (2022 to 2032)
A notable increase in focus on healthcare has been observed across the world over the past few years owing to the rising frequency of infectious disease outbreaks and the emergence of chronic diseases. Investments in healthcare infrastructure development and healthcare spending have also increased and are expected to favor operating room equipment market potential throughout the forecast period.
A growing geriatric population, supportive government initiatives to promote the adoption of advanced operating room instruments, high prevalence of hospital-acquired infections (HAIs), rising focus on patient safety & patient monitoring, and technological advancements in operating room machines are other significant factors that are expected to positively impact operating room equipment shipments through 2032.
High spending on healthcare infrastructure development in emerging economies such as China, India, Indonesia, and Brazil is also expected to be crucial to the global operating room equipment market development throughout the forecast period.
However, the expensive nature of certain advanced operating room machines is expected to obstruct the overall market potential over the next ten years. Worldwide sales of operating room systems are estimated to increase at a CAGR of 4.7% through 2032.
What’s Catalyzing the Demand for Operating Room Equipment?
“Rising Number of Surgical Procedures Performed Worldwide”
The world has witnessed a substantial increase in the incidence of chronic and infectious diseases over the past few years and this has resulted in an increased focus on healthcare and a high rate of hospitalization.
The number of surgeries being performed to treat these diseases has also increased resulting in high demand for operating room equipment. The growing popularity of minimally invasive surgeries and rising patient preference for such surgeries are also expected to favor surgery operating room equipment demand till 2032.
“Technological Advancements & Rising Senescent Population”
The healthcare industry has witnessed a notable increase in technological proliferation owing to digitization and growing use of advanced technologies in medical devices. The aforementioned factor has led to high demand for new and advanced operating room supplies in healthcare establishments. A growing geriatric population, which is more likely to undergo surgeries, is also expected to bolster the demand for general operation theatre instruments through 2032.
A comprehensive assessment of all drivers, restraints, challenges, and opportunities in the operating room equipment industry has been mentioned and discussed in this revised research report by analysts at Fact.MR, a market research and competitive intelligence provider.
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Is This Market an Opportune One for New Companies?
“Product Innovation Could Provide Rewarding Opportunities for Start-ups”
Digitization and technological advancements are revolutionizing the healthcare industry and are expected to do so over the next ten years as well. New companies can focus on the development of technologically advanced products to create a space for themselves in the industry.
- Beyeonics, an Israeli start-up is focusing on bringing the heads-up-display technology from military aviation helmets to operating theatres. The company developed its first product, Beyeonics One for ophthalmic surgeons and is expected to focus on the development of new helmets for other surgeries as well.
New market entrants should also focus on raising capital for their ventures to support their business models and advance research capability.
- In March 2022, Activ Surgical, a company focused on developing surgery technology with augmented reality (AR) and artificial intelligence (AI) to reduce surgical errors, raised an additional US$ 15 million for its Series B financing round. The company previously raised US$ 45 million in the same financing round in September 2021.
Many new companies are expected to focus on the use of advanced technologies such as augmented reality (AR), machine learning, predictive analytics, artificial intelligence (AI), etc. to create novel product offerings that could disrupt the operating room equipment marketplace.
Country-wise Insights
What’s Attracting Manufacturers of Operating Room Equipment to the U.S.?
“Developed Healthcare Infrastructure & Rising Prevalence of Chronic Diseases”
The United States is known for its advanced healthcare infrastructure and early adoption of advanced technologies. Rising incidence of chronic diseases, growing prevalence of obesity, increasing aging population, the rising popularity of minimally invasive surgeries, and increased healthcare expenditure are prime factors that head operating room equipment market evolution in the U.S.
The presence of key suppliers of operating room equipment in the country is also expected to favor market potential across the forecast period. Hybrid operating rooms and integrated operation theaters are expected to witness a hike in the establishment in the country owing to their crucial role in improving patient outcomes.
High investments in healthcare research and development in the country along with supportive government funding to advance the development of innovative products are also expected to prominently drive operating room equipment market growth in the United States throughout the forecast period.
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Category-wise Insights
Which Type of Surgical Room Equipment is Most Widely Used?
“Patient Monitoring Devices Projected to Propel Overall Operating Room Equipment Demand”
The global operating room equipment market, based on type, is segmented into anesthesia machines, electrosurgical devices, multi-parameter patient monitors, surgical imaging devices, operating tables, operating room lights, surgical navigation systems, and others.
Patient monitoring devices are anticipated to witness a sharp hike in demand across the forecast period and this can be ascribed to a heightened focus on patient safety and demand for continuous monitoring in operation theaters. Multi-parameter patient monitors are projected to be highly popular over the next ten years as demand for devices with the capability of monitoring multiple vital signs increases in healthcare establishments.
Operating tables and operating room lighting systems are also expected to exhibit lucrative growth throughout the forecast period owing to increasing investments in the upgradation of operation theaters.
Why Will Hospitals Continue to Lead Demand for Operating Room Supplies?
“Increasing Investments in Upgradation of OT Room Equipment in Hospitals”
The global operating room equipment market, based on end user, is segmented into hospitals, outpatient facilities, ambulatory surgical centers (ASCs), and others.
Hospitals have witnessed a notable increase in patient intake owing to the high prevalence of chronic diseases and rising focus on healthcare among the general population. Investments in healthcare infrastructure development have noticeably increased across the world and this has led to high demand for advanced operating room instruments in hospitals.
The rising rate of hospitalization and an increasing number of surgeries being performed in hospitals are other factors that could govern the demand for operation theatre machines throughout the forecast period. All of the aforementioned factors contribute to the dominant market share held by the hospitals segment.
This segment is anticipated to account for more than 70% of the global operating room equipment market share by the end of 2032 and is estimated to expand at a CAGR of around 6.5%.
Rising establishment of new outpatient facilities across the world is expected to promulgate the demand for operation theatre equipment outpatient facilities segment through 2032.
Competitive Landscape
Operating room equipment manufacturers are focusing on the integration of advanced technologies such as machine learning and artificial intelligence to create innovative products.
- In May 2022, Zimmer Biomet, a leading medical device company, announced the launch of its new artificial intelligence (AI) capabilities for its Omni Suite intelligent operating room. The suite is designed to optimize operational efficiency and with the new AI features, it can record workflow milestones such as door count, patient entry, anesthesia administration, etc.
Operating Room Equipment Industry Research Segments
-
By Type :
- Anesthesia Machines
- Electrosurgical Devices
- Multi-parameter Patient Monitors
- Surgical Imaging Devices
- Operating Tables
- Operating Room Lights
- Surgical Navigation Systems
- Others
-
By End User :
- Hospitals
- Outpatient Facilities
- Ambulatory Surgical Centers (ASCs)
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Type
- 9.1. Anesthesia Machines
- 9.2. Electrosurgical Devices
- 9.3. Multi-parameter Patient Monitors
- 9.4. Surgical Imaging Devices
- 9.5. Operating Tables
- 9.6. Operating Room Lights
- 9.7. Surgical Navigation Systems
- 9.8. Others
- 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by End User
- 10.1. Hospitals
- 10.2. Outpatient Facilities
- 10.3. Ambulatory Surgical Centers (ASCs)
- 10.4. Others
- 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 13. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 14. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 15. South Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 17. Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 19. Key and Emerging Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Stryker Corporation
- 21.2. Siemens Healthcare GmbH
- 21.3. Hill-Rom Holdings Inc.
- 21.4. SKYTRON
- 21.5. Medtronic
- 21.6. STERIS plc.
- 21.7. Dragerwerk AG & Co. KGaA
- 21.8. Getinge AB
- 21.9. Creative Health Tech Pvt. Ltd.
- 21.10. FUJIFILM Holdings Corporation
- 21.11. GE Healthcare
- 21.12. Koninklijke Philips N.V.
- 21.13. Smiths Medical
- 21.14. Mizuho OSI
- 21.15. BERCHTOLD Corporation
- 21.16. STORZ MEDICAL AG
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 08: Latin America Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 11: Europe Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 14: South Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 17: East Asia Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 20: Oceania Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2017 to 2032, By End User
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2017 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2032
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2021
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2021
Figure 05: Global Market Value Analysis (US$ Mn), 2017 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2032
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 08: Global Market Share Analysis (%), By Type, 2022 to 2032
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2022 to 2032
Figure 10: Global Market Attractiveness Analysis by Type, 2022 to 2032
Figure 11: Global Market Share Analysis (%), By End User, 2022 to 2032
Figure 12: Global Market Y-o-Y Analysis (%), By End User, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis by End User, 2022 to 2032
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2032
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2032
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By End User, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by End User, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By End User, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2017 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 30: Latin America Market Attractiveness Analysis by Type, 2022 to 2032
Figure 31: Latin America Market Attractiveness Analysis by End User, 2022 to 2032
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By End User, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2017 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2032
Figure 38: Europe Market Attractiveness Analysis by Type, 2022 to 2032
Figure 39: Europe Market Attractiveness Analysis by End User, 2022 to 2032
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By End User, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 46: South Asia Market Attractiveness Analysis by Type, 2022 to 2032
Figure 47: South Asia Market Attractiveness Analysis by End User, 2022 to 2032
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By End User, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2017 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 54: East Asia Market Attractiveness Analysis by Type, 2022 to 2032
Figure 55: East Asia Market Attractiveness Analysis by End User, 2022 to 2032
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By End User, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2017 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2032
Figure 62: Oceania Market Attractiveness Analysis by Type, 2022 to 2032
Figure 63: Oceania Market Attractiveness Analysis by End User, 2022 to 2032
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By End User, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2017 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2032
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2022 to 2032
Figure 71: Middle East and Africa Market Attractiveness Analysis by End User, 2022 to 2032
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2032
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By End User, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By End User, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By End User, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By End User, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By End User, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By End User, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By End User, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By End User, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By End User, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By End User, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By End User, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By End User, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By End User, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By End User, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By End User, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By End User, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By End User, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By End User, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By End User, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By End User, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the current value of the operating room equipment market?
The global operating room equipment market is valued at US$ 37.3 billion in 2022.
What is the future of the operating room equipment market?
The market for operating room devices is expected to reach US$ 59.5 billion by 2032.
What is the predicted operating room equipment market growth?
Sales of operating room equipment are expected to increase at 4.7% CAGR through 2032.
What are the prominent trends in this market?
Surging senescent population, increasing investments in healthcare infrastructure development, rising focus on patient safety, and growing patient preference for minimally-invasive surgeries are key trends in this market.
Who are the key manufacturers of operating room equipment?
Stryker Corporation, Siemens Healthcare GmbH, Hill-Rom Holdings Inc., SKYTRON, Medtronic, STERIS plc., FUJIFILM Holdings Corporation, GE Healthcare, Koninklijke Philips N.V., Smiths Medical, and Mizuho OSI are prominent operating room equipment suppliers.
What is the North America operating room equipment market outlook?
The market for operating room equipment in North America is projected to expand at a CAGR of 6% through 2032.