San Francisco, 21
November 2018: The global operating room equipment market is
expected to reach USD 48.50 billion by 2025 according to a new report by Grand
View Research, Inc. The market is primarily driven by increasing investments
for improving hospital care facilities, rising number of new hospitals &
ambulatory care centers, increasing patient preference for minimally invasive
procedures, and an increase in the number of surgeries performed globally.
Growing funds & investments by various
government bodies and private investors are also contributing to the growth of
the market. For instance, in its 2016-17 budget, the Hong Kong government
dedicated a provision of USD 200 billion for a ten-year hospital development
plan that would help expand and upgrade healthcare facilities. Under the plan,
number of operating theaters would increase by 40% and specialist outpatient
service capacity would increase by 40% from 6.8 million to 10 million
attendances for a year. The development plan also includes redevelopment and
expansion of various hospitals in the region.
In addition, a rapid increase in the number
of elderly people & rising prevalence of chronic diseases are increasing
the demand for surgical interventions and contributing to the expansion of the
market. Technological innovations in medical devices are driving the adoption
of advanced medical equipment in surgical procedures. Key players are focusing
on product innovations and new launches to cope with growing needs.
Furthermore, improving healthcare
infrastructure in emerging economies, large patient pool, and untapped
opportunities in developing nations are attracting foreign investors to
hospitals and the healthcare sector. Thus, growing investments in emerging
economies and establishment of new hospitals & healthcare centers are
expected to boost growth in the next few years.
Access
Research Report of Operating Room
Equipment Market @ www.grandviewresearch.com/industry-analysis/operating-room-equipment-market
Further Key Findings From the Report Suggest:
· The anesthesia devices segment held
majority of the revenue share in 2016 due to a rise in the volume of surgical
procedures
· Hospitals dominated the end-use segment in
2016 primarily due to increasing number of hospitals and rising investments in
operating theaters
· North America dominated the global market
owing to a rapid increase in geriatric population and rising prevalence of
various diseases
· Some of the key players includeSTERIS plc;
Stryker; KARL STORZ GmbH & Co. KG; GE Healthcare; Siemens Healthineers; and
Hill-Rom (Trumpf Medical)
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
operating room equipment market on the basis of product, end-use, and region:
Operating Room Equipment Product Outlook (Revenue,
USD Million, 2014 - 2025)
·
Anesthesia Devices
·
Endoscopes
·
Operating Room Tables
·
Operating Room Lights
·
Electrosurgical Devices
·
Surgical Imaging Devices
·
Patient Monitors
·
Others
Operating Room Equipment End-Use Outlook
(Revenue, USD Million, 2014 - 2025)
·
Hospitals
·
Ambulatory Surgical Centers
Operating Room Equipment Regional Outlook
(Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Operating Room Equipment Market@ www.grandviewresearch.com/press-release/global-operating-room-equipment-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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