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Published Date: 2016-04-26Number of Pages: 102

Operating Room Equipment Market (Product Type - Movable Imaging Systems, Biomedical Systems, Endoscopes, Anesthesia Systems, Operating Tables, Operating Room Lights, Surgical Imaging Displays, Operating Room Integration Systems, Surgical Booms, and Microscopes) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015 - 2023

Global Operating Room Equipment Market: Snapshot 

Considering the number and range of surgical procedures being conducted on a daily basis around the world, most operating rooms today are equipped with technologically advanced equipment and functions that can ensure better handling by surgeons and other staff, more flexibility, greater operational efficiency, and better results. The operating room equipment market has been witnessing steady growth over the years as surgeries become more complex. 

A recent trend observed in this market is the creation of hybrid operating rooms, wherein surgical as well as non-surgical functions are being carried out. Some key nonsurgical functions include radiology, diagnostics, and patient monitoring. 

With a highly fragmented vendor landscape, the operating room equipment market is characterized by the presence of a number of leading companies. Most of them are focused on innovation, pushing the market to expand at a strong 6.68% CAGR during the forecast period. The value of the operating room equipment market is poised to reach US$42 bn by 2023. 

operating-room-equipment-marketComplex Surgeries Warrant Need for Operating Tables with Varied Functions and Features 

Movable imaging systems hold a strong position in the operating room equipment market, in terms of revenue. The segment is poised for rapid growth through 2023 owing to increased funding by government bodies, especially in North America, for the promotion of movable imaging systems. There are several ongoing efforts at regional scales as well, to modernize and upgrade hospitals supported by state or local organizations. This is likely to positively impact the sales and adoption of movable imaging systems. 

Operating room integration systems are also slated to register impressive growth over the course of the forecast period thanks to increased demand for improved connectivity between medical devices and the hospitals they are being used in and the rising development of smart infrastructure at medical facilities. 

Operating tables also form a key segment of the global operating room equipment market, thanks to the constant evolution of surgical procedures around the world. As surgeries become more and more complex, the need for technologically advanced, varied, and ergonomically designed operating tables has emerged. 

Medical Tourism Boosts Opportunities in APAC and LATAM 

Based on geography, the operating room equipment market is segmented into Europe, North America, Asia Pacific, and Rest of the World. North America and Europe are two of the largest markets for operating room equipment, considering the greater affordability of countries in these regions to purchase and install advanced medical devices. The scope of revenue generation has been consistently expanding in Europe and North America, with companies focusing on product innovation and improvement. There is also a strong demand for constant upgradation of operating room equipment, giving these two regional markets a significant boost. 

Asia Pacific and Latin America are highly lucrative markets for operating room equipment, driven primarily by improving healthcare infrastructure and greater population density. An increasing number of companies are finding countries in these two regions to be rather sustainable for the long run, enabling the regional markets to exhibit an optimistic outlook. Medical tourism has played a very important role in the Latin America and Asia Pacific operating room equipment markets, with an increasing presence of large global players in countries such as Brazil, Mexico, India, Malaysia, and Indonesia. 

Steris Corporation, Philips Healthcare, Stryker Corporation, KARL STORZ GmbH & Co. KG, Olympus Corporation, GE Healthcare, Skytron, LLC, TRUMPF GmbH + Co. KG., Maquet Holding B.V. & Co. KG (Getinge AB), Siemens Healthcare, Mizuho OSI, and Allen Medical (Hill ROM) are some of the top companies operating in the operating room equipment market.

Table of Content

1. Preface
    1.1 Report Description
    1.2 Market Segmentation
    1.3 Assumptions

2. Executive Summary
    2.1 Global Operating Room Equipment Market, by Geography, 2014 & 2023 (Value %)
    2.2 Global Operating Room Equipment Market Revenue, by Product Type, (US$ Mn), 2014 
    2.3 Operating Room Equipment Market Snapshot Global 

3. Global Operating Room Equipment Market - Industry Analysis
    3.1 Introduction
    3.2 Market Dynamics
         3.2.1 Market Drivers
                3.2.1.1 Growing number of ambulatory surgical centers
                3.2.1.2 Rising demand for hybrid operating rooms
                3.2.1.3 Product innovations driven by advances in technology
         3.2.2 Market Restraint
                3.2.2.1 High cost of operating room equipment
         3.2.3 Market Opportunity
                3.2.3.1 Emerging economies in Asia Pacific and Latin America
    3.3 Porter’s Five Force Analysis: Operating Room Equipment Market
    3.4 Value Chain Analysis: Operating Room Equipment Market
    3.5 Market Attractiveness Analysis: Global Operating Room Equipment Market, by Geography, 2014
    3.6 Competitive Landscape : Operating Room Equipment Market
    3.7 Market Share Analysis, by Key Players, 2014 (Value %)

4 Market Segmentation - By Product Type
    4.1 Introduction- Operating Room Equipment Market, by Product Type
    4.2 Global Movable Imaging Systems Market Revenue, (US$ Mn), 2013–2023
    4.3 Global Biomedical Systems Market Revenue, (US$ Mn), 2013–2023
         4.3.1 Global Patient Warmer Market Revenue, (US$ Mn), 2013–2023
         4.3.2 Global Electrical Surgical Units (ESUs) Market Revenue, (US$ Mn), 2013–2023
         4.3.3 Global Patient Monitoring Systems Market Revenue, (US$ Mn), 2013–2023
         4.3.4 Global Handheld Surgical instruments Market Revenue, (US$ Mn), 2013–2023
    4.4 Global Endoscopes Market Revenue, (US$ Mn), 2013–2023
    4.5 Global Anesthesia Systems Market Revenue (US$ Mn), 2013–2023
    4.6 Global Operating Tables Market Revenue, (US$ Mn), 2013–2023
          4.6.1 Global General Operating Table Market Revenue, (US$ Mn), 2013–2023
          4.6.2 Global Specialty Operating Table Market Revenue, (US$ Mn), 2013–2023
    4.7 Global Operating Room Lights Market Revenue, (US$ Mn), 2013–2023
    4.8 Global Surgical Imaging Displays Market Revenue, (US$ Mn), 2013–2023
    4.9 Global Operating Room Integration Systems Market Revenue, (US$ Mn), 2013–2023
    4.10 Global Surgical Booms Market Revenue, (US$ Mn), 2013–2023
    4.11 Global Microscopes Market Revenue, (US$ Mn), 2013–2023

5 Market Segmentation - By Geography
    5.1 Global Operating Room Equipment Market Revenue, by Geography, (US$ Mn), 2013–2023
    5.2 North America Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
         5.2.1 U.S.
         5.2.2 Canada
    5.3 Europe Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
         5.3.1 U.K
         5.3.2 Germany
         5.3.3 Rest of Europe
    5.4 Asia Pacific Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
         5.4.1 China
         5.4.2 India
         5.4.3 Rest of Asia Pacific
    5.5 Rest Of the World Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
         5.5.1 Latin America
         5.5.2 Middle East & Africa

6 Recommendations

7 Company Profiles
    7.1 Allen Medical (Hill ROM)
    7.2 GE Healthcare
    7.3 KARL STORZ GmbH & Co. KG
    7.4 Mizuho OSI
    7.5 Maquet Holding B.V. & Co. KG (Getinge AB)
    7.6 Olympus Corporation
    7.7 Philips Healthcare
    7.8 Siemens Healthcare
    7.9 Skytron, LLC
    7.10 Steris Corporation
    7.11 Stryker Corporation
    7.12 TRUMPF GmbH + Co. KG 

List of Figures

FIG. 1 Executive Summary: Global Operating Room Equipment Market, by Geography, 2014 & 2023 (Value %)
FIG. 2 Porter’s Five Force Analysis: Operating Room Equipment Market
FIG. 3 Market Attractiveness Analysis: Global Operating Room Equipment Market, by Geography, 2014
FIG. 4 Market Share Analysis, by Key Players, 2014 (Value %)
FIG. 5 Introduction - Operating Room Equipment Market, by Product Type
FIG. 6 Global Movable Imaging Systems Revenue (US$ Mn) 2013- 2023
FIG. 7 Global Biomedical Systems Revenue (US$ Mn) 2013-2023
FIG. 6 Global Biomedical Systems (Patient Warmers) Revenue (US$ Mn) 2013-2023
FIG. 7 Global Biomedical Systems (Electrical Surgical Units) Revenue (US$ Mn) 2013-2023
FIG. 8 Global Biomedical Systems (Patient Monitoring Systems) Revenue (US$ Mn) 2013-2023
FIG. 9 Global Biomedical Systems (Handheld Surgical instruments) Revenue (US$ Mn) 2013-2023
FIG. 10 Global Endoscopes Revenue (US$ Mn) 2013-2023
FIG. 11 Global Anesthesia Systems Revenue (US$ Mn) 2013-2023
FIG. 12 Global Operating Tables Revenue (US$ Mn) 2013-2023
FIG. 13 Global Operating Tables, (General Operating Tables) Revenue (US$ Mn) 2013-2023
FIG. 14 Global Operating Tables, (Specialty Operating Tables) Revenue (US$ Mn) 2013-2023
FIG. 15 Global Operating Room Lights Revenue (US$ Mn) 2013-2023
FIG. 16 Global Surgical Imaging Displays Revenue (US$ Mn) 2013-2023
FIG. 17 Global Operating Room Integration Systems Revenue (US$ Mn) 2013-2023
FIG. 18 Global Surgical Booms Revenue (US$ Mn) 2013-2023

List of Tables

TABLE 1 Global Operating Room Equipment Market, by Product, (US$ Mn), 2015–2023
TABLE 2 Global Operating Room Equipment Market Snapshot
TABLE 3 Global Operating Room Equipment Market Revenue, by Geography, (US$ Mn), 2013–2023
TABLE 4 North America Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 5 Europe Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023
TABLE 6 Asia Pacific Operating Room Equipment Market Revenue, by Country, (US$ Mn), 2013–2023

The operating room equipment market report evaluates each of the segments and its sub-categories in detail for market trends, recent developments, outlook, and opportunities. The market overview section of the report explores market dynamics such as drivers, restraints, and opportunities that currently have strong impact on the global operating room equipment market and could influence the market in future as well. Market attractiveness analysis has been provided in the market overview section in order to explain the intensity of competition between leading market players operating across the globe. All these factors would help market players to take strategic decisions in order to strengthen their market positions and increase their correspondent market shares.

The recommendations section included in the report would assist existing market players in targeting all major stakeholders in this industry such as companies and hospitals. The report also profiles major players in the global operating room equipment market based on various attributes such as company details, business overview, financial facts, business strategies and recent developments.

The operating room equipment market report analyzes the current and future prospects of the global market. The operating room equipment market comprises movable imaging systems, biomedical systems, endoscopes, anesthesia systems, operating tables, operating room lights, surgical imaging displays, operating room integration systems, surgical booms, and microscopes. The growth of the overall market is due to rise in number of hospitals, growing number of ambulatory surgical centers, surge in demand for hybrid operating rooms, growing number of regulations for operating room equipment, and increase in number of geriatric population coupled with high number of surgeries worldwide. Globally, the operating room equipment market has been experiencing steady growth and the trend is expected to continue during the forecast period from 2015 to 2023.

Based on product type, the operating room equipment market has been segmented into movable imaging systems, biomedical systems, endoscopes, anesthesia systems, operating tables, operating room lights, surgical imaging displays, operating room integration systems, surgical booms, and microscopes. The market segments have been extensively analyzed based on usefulness, efficacy, revenue, and geographical coverage. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2013 to 2023. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2015 to 2023.

Additional information, such as recent developments in operating room equipment, market dynamics, and value chain analysis, in the market overview chapter provides details to assist new and existing players to venture and explore latent market opportunities in the near future. This report provides in-depth analysis of the global operating room equipment market. The stakeholders for this report include companies involved in the research and development and application. In order to provide a snapshot of this market to stakeholders, this report includes an executive summary section, which summarizes the market size, trends, and competition for different regions. 

Major drivers of demand and growth of the operating room equipment market include growing number of ambulatory surgical centers, product innovations driven by advances in technology, rising demand for hybrid operating room, and increase in the number of surgeries. Apart from this, innovations related to patient handling techniques will propel the operating room equipment market in the next few years. Major restraints of the market include high cost of operating room equipment. However, the report also highlights various opportunities that are expected to boost market growth during the forecast period.

The operating room equipment market report also includes recommendations section that will assist new companies to establish their presence and existing players to expand their market shares. Key players in the operating room equipment market include Allen Medical (Hill ROM), GE Healthcare, KARL STORZ GmbH & Co. KG, Mizuho OSI, Maquet Holding B.V. & Co. KG (Getinge AB), Olympus Corporation, Philips Healthcare, Siemens Healthcare, Skytron, LLC, Steris Corporation, Stryker Corporation, and TRUMPF GmbH + Co. KG.

The global operating room equipment market has been segmented as follows:

Global Operating Room Equipment Market, by Product Type

  • Movable Imaging Systems
  • Biomedical Systems
  • Endoscopes
  • Anesthesia Systems
  • Operating Tables
  • Operating Room Lights
  • Surgical Imaging Displays
  • Operating Room Integration Systems
  • Surgical Booms
  • Microscopes 

Global Operating Room Equipment Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East & Africa 


 
 
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