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Operating Room Equipment Market Current Trends and Top Benefits till 2022

October 16, 2019 by Amanpreet  

In the recent times, electrosurgical technologies have been gaining rising momentum among manufacturers in operating room equipment market, which enable treatment such as incision of sealing wounds using electrical energy. Apart from this trend, healthcare professionals are showing strong preference for advanced surgical procedures that use patient imaging scans and virtual reality as compared to conventional techniques for treating medical infections and diseases. Owing to these factors, global operating room equipment market is anticipated to project a robust growth in the coming years.

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In 2017, operating room equipment market in North America crossed a value of US$ 10.5 billion, accounting for relatively high revenue share in the global scenario. Rising prevalence of chronic diseases, surge in number of ambulatory surgical clinics, and high healthcare expenditure in the region is likely to drive the growth of North America operating room equipment market. Meanwhile, APEJ is envisaged to emerge as an attractive region for operating room equipment market, backed by government initiatives for the development of healthcare infrastructure lined with growing number of hospitals as well as healthcare professionals.

According to the Fact.MR study, worldwide sales of movable imaging system collected a revenue of more than US$ 7.9 billion in 2017, and will continue to account for relatively large percentage share of operating room equipment market in 2018. Biomedical systems, on the other hand, is likely to witness an increasing demand in the coming years, representing second highest revenue growth in the global market of operating room equipment.

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The study opines that hospitals will remain the largest end user of operating room equipment across the globe, holding a value share of more than 80% in 2017. Surge in the number of hospitals, especially in emerging economies, and upgrade in operating rooms with technically advanced devices will possibly push the demand for operating room equipment in hospitals.

The study highlights detailed profiles of leading players in the global operating room equipment market which include Getinge AB, Stryker Corporation, Steris Plc, Hill-Rom Holdings, Inc., General Electric Company, KARL STORZ GmbH & Co. KG, Mizuho OSI, Inc., Medtronic, plc, Koninklijke Philips N.V., and Dragerwerk AG & Co. KGaA.

The Fact.MR study offers a detailed analysis and an accurate forecast of global operating room equipment market for the 2017-2022 period. The global operating room market is projected to grow at a CAGR of 6.2% during the forecast period.

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