HOME › Press Releases › Operating Room Equipment & Supplies Market worth 29.15 Billion USD by 2020
Operating Room Equipment & Supplies Market worth 29.15 Billion USD by 2020
The report "Operating Room Equipment & Supplies Market by Equipment (Anesthesia Machines, Operating Tables), by Supplies (Surgical Instruments, Disposable Materials), & by End-User (Hospitals, Outpatient Facilities) - Analysis & Global Forecast to 2020", The “Global Operating Room Equipment & Supplies Market (2015-2020)” analyzes and studies the major market drivers, restraints/challenges, and opportunities.
Browse 109 market tables and 36 figures spread through 185 pages and in-depth TOC on "Operating Room Equipment & Supplies Market by Equipment (Anesthesia Machines, Operating Tables), by Supplies (Surgical Instruments, Disposable Materials), & by End-User (Hospitals, Outpatient Facilities) - Analysis & Global Forecast to 2020"
Early buyers will receive 10% customization on reports.
This report studies the global operating room equipment & supplies model; market for the forecast period of 2015 to 2020. This market is expected to reach USD 29.15 Billion by 2020 from USD 24.31 Billion in 2015, at a CAGR of 3.7%.
The global operating room equipment & supplies market is segmented on the basis of product, type, end user, and regions.
By product, the operating room equipment & supplies market is categorized into operating room supplies and operating room equipment. The operating room supplies are estimated to account for the largest share of the global operating room equipment & supplies model market, by product. It is also expected to be the fastest-growing market segment owing to the growing incidence of chronic diseases, increase in the number of surgical procedures, and rising geriatric population. In addition, governments across various countries are taking regulatory actions to fortify hospitals with the essential infection control standards to prevent the spread of HAIs (hospital-acquired infections), thus boosting the demand for operating room supplies.
On the basis of type, the equipment market is segmented into Anesthesia Machines, Electrosurgical Units, Multi-parameter Patient Monitors, Surgical Imaging Devices, Operating Tables, and Operating Room Lights. In 2015, Anesthesia Machines is expected to command the largest share of the global operating room equipment market, by type.
On the basis of type, the supplies market is segmented into Surgical Instruments, Disposable Materials, Accessories, and Other OR Supplies. Other supplies include OR safety products, procedure trays & packs, kidney trays, table pads, circuits, and battery handles. In 2015, Surgical Instruments is expected to command the largest share of the global operating room supplies market, by type.
The global operating room equipment & supplies market has been further segmented by end user, which includes Hospitals, Outpatient Facilities, and Ambulatory Surgery Centers (ASCs). In 2015, Hospitals are expected to command the largest share of the global operating room equipment & supplies market, by end user.
On the basis of region, the global market is divided into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America is poised to account for the largest share of the operating room equipment & supplies market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period.
Growing investments, funds, and grants by government bodies worldwide, rising number of hospitals, increasing patient preference for minimally invasive surgeries, growing number of regulatory approvals for operating room equipment, and growing number of geriatric population coupled with the increasing number of surgeries globally are some of the factors that are expected to drive the growth of the global operating room equipment & supplies market in the coming years.
STERIS Corporation (U.S.), Getinge Group (Sweden), Stryker Corporation (U.S.), Hill-Rom Holdings, Inc. (U.S.), Drägerwerk AG & Co. KGaA (Dräger) (Germany), GE Healthcare (U.K.), Mizuho OSI (U.S.), Philips Healthcare (The Netherlands), Medtronic, Inc. (Ireland), and KARL STORZ GmbH & Co. KG (Germany) are some of the key players in the operating room equipment & supplies market worldwide.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India