The global operating room equipment market size 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.
Full Research Report On Operating Room Equipment Market Visit Here:
https://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 operating room equipment 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)
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/operating-room-equipment-market/request/rs1
Grand View Research has segmented
the global 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
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
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.
For more info visit @ https://www.grandviewresearch.com
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