Global Operating Room Equipment Market Size study & Forecast, by Product (Anesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring, Others), by End User (Hospitals & Clinics, Ambulatory Surgical Centers

Global Operating Room Equipment Market Size study & Forecast, by Product (Anesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring, Others), by End User (Hospitals & Clinics, Ambulatory Surgical Centers), and Regional Analysis, 2023-2030

Global Operating Room Equipment Market is valued at approximately USD 43.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2023-2030. The Operating Room Equipment Market refers to the global market segment encompassing various medical devices, tools, and equipment used in operating rooms to facilitate surgical procedures, enhance patient safety, and improve surgical outcomes. These equipment are specifically designed to ensure the safety, efficiency, and effectiveness of surgical interventions. The Operating Room Equipment Market is being driven by factors such as the increasing number of surgeries and the growing aging population.

These Operating room equipment and various tools, devices, and instruments used in surgical procedure to support healthcare professionals during surgical procedures for safe and smooth surgical procedures. According to NCBI study 2020, reveals that on a global scale, approximately 310 million major procedures are conducted each year, with the United States accounting for an estimated range of 40 to 50 million procedures and Europe performing around 20 million procedures. Along with that according to the separate study conducted by the British Heart Foundation in 2021, indicates that in England alone, there were 371,000 heart procedures and operations carried out in the year 2020. Thus, the increasing number of surgeries and growing aging population fueling the growth of the market. In addition, growing healthcare infrastructure and growing demand for patient safety during surgical procedures. However, the high maintenance cost of operating room equipment may hinder market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Operating Room Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the region's significant investment in healthcare infrastructure and technology contributes to the demand for cutting-edge operating room equipment. , demand for minimally invasive surgeries and the development of new operating rooms in the region. Asia Pacific is considered the fastest growing region during the forecasted period due to the big patient pool of chronic diseases and the rising number of hospitals in the region.

Major market player included in this report are:
Koninklijke Philips N.V
Medtronic
Getinge AB
Stryker Corporation
Siemens Healthineers
GE HealthCare
Steris
Skytron, LLC
Drägerwerk AG & Co. KGaA,
Baxter International Inc.

Recent Developments in the Market:
In January 2021, Steris Corporation, a renowned company in the healthcare industry, successfully installed over 6,000 operating rooms throughout North America. This accomplishment highlights Steris's significant contribution to equipping healthcare facilities with state-of-the-art operating room infrastructure, including the installation of essential medical equipment and advanced technology, enabling healthcare providers to deliver efficient and high-quality surgical care to patients.

Global Operating Room Equipment Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Anesthesia
Endoscopes
Electro Surgical Devices
Surgical Imaging
OR Tables
OR Lights
Patient Monitoring
Others

By End User:
Hospitals & Clinics
Ambulatory Surgical Centers

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies
Koninklijke Philips N.V
Medtronic
Getinge AB
Stryker Corporation
Siemens Healthineers
GE HealthCare
Steris
Skytron, LLC
Drägerwerk AG & Co. KGaA,
Baxter International Inc.

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