Operating Room Equipment & Supplies

Operating Room Equipment & Supplies

Global Operating Room Equipment and Supplies Market to Reach $36.1 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Operating Room Equipment and Supplies estimated at US$28.5 Billion in the year 2020, is projected to reach a revised size of US$36.1 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027. Surgical Instruments, one of the segments analyzed in the report, is projected to record a 3.5% CAGR and reach US$9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anesthesia Machines segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.8 Billion, While China is Forecast to Grow at 5.8% CAGR

The Operating Room Equipment and Supplies market in the U.S. is estimated at US$7.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.9 Billion by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.6 Billion by the year 2027.

Operating Tables Segment to Record 4% CAGR

In the global Operating Tables segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.6 Billion in the year 2020 will reach a projected size of US$3.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.4% CAGR through the analysis period.

Select Competitors (Total 83 Featured) -

• Dragerwerk AG & Co. KGaA
• GE Healthcare
• Getinge AB (Getinge Group)
• Hill-Rom Holdings, Inc.
• Karl Storz GmbH & Co. KG
• Medtronic, Inc.
• Mizuho OSI
• Philips Healthcare
• Steris Corporation
• Stryker Corporation

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