The latest research study “Operating Room Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global operating room equipment market size reached US$ 34.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.

An operating room (OR), also known as a surgery center, is a healthcare facility wherein operations are carried out by medical professionals. It includes various equipment such as surgical booms, lights and displays, blanket warmers, scrub sinks, operating room (OR) integration systems, surgical lights, operating tables, nurse documentation stations, surgical navigation systems, electrosurgical and surgical imaging devices, anesthesia, sterilizer, and suction machine. They are used to conduct surgeries, offer specialized care to patients with specific conditions, and ensure enhanced operational efficiency. As a result, operational room equipment is widely adopted in healthcare, ambulatory surgical centers (ASCs), and outpatient facilities across the globe.

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Operating Room Equipment Market Trends and Drivers:

The market is primarily driven by the significant expansion in the healthcare industry and the increasing prevalence of chronic diseases such as gastrointestinal disorders, cancer, lifestyle-related diseases, and hospital-acquired infections (HAIs) across the globe. In addition, the rising investment in healthcare infrastructure development projects, the growing geriatric population, and the increasing number of surgeries are contributing to the market growth.

Moreover, various technological innovations in medical devices, such as the introduction of high-resolution monitors, endoscopic towers, C-arms, and operating towers, represent another major growth-inducing factor. Besides this, the growing inclination toward minimally invasive surgeries as they offer minimized hospital stay, quick recovery, less trauma, and cost-effective procedures is providing a positive thrust to the market growth.

Furthermore, extensive research and development (R&D) activities conducted by key players, the emergence of three-dimensional (3D) surgical imaging in endoscopic surgeries, and several government initiatives to improve medical facilities are creating a favorable market outlook across the globe. 

Global Operating Room Equipment Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Operating Room Equipment Companies:

Dragerwerk AG & Co. KGaA, General Electric Company, Getinge AB, Hill-Rom Holdings Inc. (Baxter International Inc.), Karl Storz SE & Co. KG, Koninklijke Philips N.V., Medtronic plc, MIZUHO Corporation, Siemens Healthineers AG (Siemens AG), Skytron LLC, STERIS Corporation and Stryker Corporation

The report has segmented the market on the basis of product type and end user.

Breakup by Product Type:

·      Anesthesia Devices

·      Endoscopes

·      Operating Room Tables and Lights

·      Electrosurgical Devices

·      Surgical Imaging Devices

·      Patient Monitors

·      Other

Breakup by End User:

·      Hospitals

·      Ambulatory Surgical Centers

·      Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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 Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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