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Global Operating Room Equipment Market Propelled by Growing Demand from O.T. Integration Systems, Market to be Valued US$4.05 bn in 2019

Posted on Jan 22, 2016

The global operating room equipment market is growing at a CAGR of 6.20% from 2013 to 2019. The market’s value before this period was US$2.67 bn in 2012. It is expected to escalate to US$4.05 bn by the end of 2019. The facts have been stated in a research report released by Transparency Market Research. The report, titled “Operating Room Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, portrays the feasibility of the global operating room equipment market based on historical and forecast data.

Browse Full Operating Room Equipment Market (Operating Tables, Operating Room Lights, Surgical Booms, Operating Room Integration Systems and Surgical Imaging Displays) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Report With Full TOC @ http://www.transparencymarketresearch.com/operating-room-equipment.html

 

According to the report, the global operating room equipment market is currently subject to growth owing primarily to the technological transformation that major hospitals have been performing on their infrastructure. Operating rooms are on the verge of being termed as ‘hybrid’ as R&D efforts are made to make the most out of them.Another major driver of the global operating room equipment market is the growing geriatric population around the world. Their increase in numbers has prompted a quicker growth rate for the global operating room equipment market.

Operating theaters generate substantial revenue for a hospital and are also in constant need. They therefore need to be built in ways that can facilitate quicker reaction times by surgeons to save the lives of patients.The key market restraint discussed in the report is the high cost of implementation of modern technologies in the global operating room equipment market. Their high cost makes it difficult for quite a few countries to implement them on a large scale.

The report also explains how implementation of new technology also means having the proper resources and means to discard older technologies. This may be a difficult task for budget-conscious hospitals, even in major developed countries. Of the various segments of the global operating room equipment market, in terms of the equipment used, operating tables hold the dominant share. The segment alone generates 30.60% of the revenue in the global operating room equipment market. The segment of operating tables was worth US$815.50 mn in 2012.The report states that the fastest growth rate in the global operating room equipment market is attributed to surgical booms and operating theater integration systems. The segment’s growth is attributed largely to the rapid growth in demand for the implementation of comprise and hybrid equipment in operating rooms. Such equipment is highly preferred as it helps save space and time in terms of object reachability.

The regions of North America and Europe are currently the ones displaying the most demand and innovativeness in the global operating room equipment market.The top companies operating in the global operating room equipment market include NDS Surgical Imaging, LLC, Mizuho OSI, Eschmann Equipment, Karl Storz GmbH & Co. KG, Skytron, LLC, Berchtold Corporation, TRUMPF GmbH + Co. KG, Steris Corporation, Stryker Corporation, and Getinge Group.

Key segments of the Global Operating Room Equipment Market

Operating Room Equipment Market, by Product Type

  • Operating Tables
  • Operating Room Lights
  • Surgical Booms
  • Operating Room Integration Systems
  • Surgical Imaging Displays

Operating Room Equipment Market, by Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World (RoW)

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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