Operating Room Equipment & Supplies Market Size, Share, Trends, Analysis and Forecasts To 2021
Global Operating Room Equipment & Supplies Market accounted for $ 24.5 billion in 2015 and is expected to reach $ 32.1 billion by 2022 growing at a CAGR of 3.9 %. Increasing patient preference for minimally invasive surgeries and Rising geriatric population coupled with growing number of surgeries are the factors driving the market growth. Unfavourable Healthcare Reforms in the U. S is restraining the market.
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Anesthesia Machines is expected to be the largest segment in equipment type in terms of market revenue. Hospitals accounted for the largest market revenue and ambulatory surgery centers segment is expected to grow at the highest CAGR during the forecast period. Surgical Instruments is expected to be the largest market revenue and accessories segment is expected to grow at the highest CAGR. North America is expected to be the largest market revenue followed by Europe. However Asia-Pacific is expected to grow at the highest compound annual growth rate during the forecast period.
Some of the key players in the market include Philips Healthcare, Getinge Group, Medtronic, Inc., Berchtold Corporation, Steris Corporation, GE Healthcare, Stryker Corporation, Dragerwerk AG & Co. KGAA, Hill-Rom Holdings, Inc., Siemens Healthcare GmbH, Karl Storz GmbH & Co. Kg, Mizuho SOI, Creative Health Tech Pvt. Ltd., Trumpf Medical and ValleyLab.
Equipment Type Covered: Surgical Imaging Devices Mini C-Arms Mobile C-Arms Multi-Parameter Patient Monitors Operating Tables General Operating Tables Specialty Operating Tables Anesthesia Machines Operating Lights Halogen Lights LED Lights Electrosurgical Units
Supplies Type Covered: Surgical Instruments Accessories Disposable Materials Other Operating Room( OR) Supplies Circuits Safety products