Operating Room Equipment Market size was valued at USD 26.24 billion in 2016 and is expected to reach USD 48.50 billion by 2025, at CAGR of 7.2%. Growing demand for improved medical facilities coupled with transition from conventional to state-of-the-art operation theaters is anticipated to escalate the operating room equipment market over the forecast period. Technological transformations, infrastructural development and high investments in the medical devices by hospital and healthcare centers are expected to spur the medical equipment demand over the forecast period.
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Market Synopsis of Operating Room Equipment Market:
High occurrence of medical
disorders among geriatric population along with the prevalence life threatening
diseases is anticipated to fuel advanced operating equipment demand.
Availability of advanced surgical tools and high prevalence of chronic disorders
or diseases is also anticipated to escalate product demand over the forecast
period. Key challenge faced by the industry includes the high cost associated,
which is expected to hamper introduction of these devices in hospitals. Lack of
knowledge and skilled manpower required to handle complex devices is also
expected to hinder market growth over the forecast period. Rise in number of high-end operating rooms
accompanying advanced equipment along with increasing number of ASC (Ambulatory
Surgical Center) is anticipated to substantially drive the level of innovation
among manufacturers instigating them to provide latest technologies.
Advanced and efficient operating
tables, surgical booms, operating room integration systems, operating room
lights, surgical headlights, surgical light sources and surgical imaging
display forms an integral part of the new age hybrid theaters. Further,
anesthesia equipment, electrosurgical generators, defibrillators, respiratory
ventilators, endoscopy equipment, vital sign monitors, pneumatic tourniquet,
infusion pumps, surgery microscopes, medical stainless steel, patient warmers,
suction pumps, hospital stretchers, medical warmers, hospital stretchers,
autoclaves & sterilizers, sequential compression devices and vaporizers
& accessories contributes essential functionalities to an operating
theater.
Integration of non-surgical and
surgical equipment in the hybrid operating rooms including patient monitoring,
diagnostics and radiology among others coupled with imaging techniques such as
MRI scanners, CT scanners and C- arm provides better ease and flexibility to
the specialist to perform the task. Installation of hybrid operation rooms
largely reduces the hustle of transferring a patient from the operation theater
to the scanning center. This greatly automates the work efficiencies and
results in better patient care, thereby adding to the business value.
Operating rooms presently require
high-definition fixed imaging and video equipment, enabling information from
all over the hospital at the surgeon’s fingertip, and are expected to drive the
industry demand over the forecast period. The industry is witnessing a growing
trend towards installation of larger imaging systems. Operating rooms today are
an economic engine for any medical facility, and accounts for more than 60% of
the revenue. Further, hospitals often face an increasing drive for patient
oriented effectiveness. Hospitals need to focus on creating value for the
patient with the installation of state-of-the-art equipment with a combination
of optimally trained medical expert. In addition, optimizing the operation
environment helps enhance surgeon performance, and is thereby expected to drive
the operating equipment market over the forecast period.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Operating Room
Equipment: Market Variables, Trends & Scope
Chapter 4 Operating Room
Equipment: Product Estimates & Trend Analysis
Chapter 5 Operating Room
Equipment: Application Estimates & Trend Analysis
Chapter 6 Operating Room
Equipment: End-use Estimates & Trend Analysis
Chapter 7 Operating Room
Equipment: Industrial End-use Estimates & Trend Analysis
Chapter 8 Operating Room
Equipment: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Operating Room
Equipment: Manufacturers Company Profiles
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