The Operating Room Equipment Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report, the Global Operating Room Equipment Market was worth USD 25.26 billion in 2016 and estimated to be growing at a CAGR of 3.9 %, to reach USD 30.58 billion by 2021. The market is segmented by type (Anesthesia Machines, Electrosurgical Units. Multi-Parameter Patient Monitors, Surgical Imaging Devices (Mobile C-Arms, Mini C-Arms), Operating Room Lights, Operating Tables (General Operating Tables, Specialty Operating Tables)), & by End-User (Hospitals, Outpatient Facilities), and by Region- Global Industry Analysis, Share, Size, Growth, Trends, and Forecasts (2016-2021). Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa.
Some of the factors like technological advancement in healthcare sector, rise in the number of ambulatory surgical centers, increase in the number of surgery procedure, rise in the geriatric population and increase in the incidence and prevalence of chronic diseases are driving the market. But, high cost associated with latest medical device technologies acts as major restraint restraining the market.
The market share by type is dominated by Anesthesia devices. Hospitals are expected to command largest share of market by end user.
The Operating Room Equipment market was dominated by North America, followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at highest CAGR during the forecast period. Rising number of hospitals, growing number of regulatory approvals for operating room equipment, increasing patient preference for minimally invasive surgeries, and rising number of aging population are some of the factors driving the growth of Asia-Pacific market.
Some of the major companies dominating the market, by their products and services include STERIS Corporation, Stryker Corporation, Drägerwerk AG & Co. KGaA, Getinge Group, Medtronic, Inc., Hill-Rom Holdings, Inc., Mizuho OSI, GE Healthcare, Philips Healthcare, and KARL STORZ GmbH & Co. KG.
Browse through the full report at “http://www.marketdataforecast.com/market-reports/global-operating-room-equipment-market-2505/” and checkout our recent reports in the Medical Devices category at “http://www.marketdataforecast.com/research-reports/healthcare/medical-devices-2/”. For more insights and up-to-date industry news don’t forget subscribing to our newsletters.