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This press release was originally distributed by SBWire
Albany, NY – (SBWIRE) – 01/26/2019 – Transparency Market Research (TMR) has released a new report entitled "Operating Room Equipment Market – Global Sector Analysis, Size, Share, Growth, Trends" and forecasts ". 2018-2026. According to the report, the global market for operating room equipment was valued at 29,912.3 million USD in 2017. It is expected to grow with a CAGR of 6.4% from 2018 to 2026. Aging population and expectancy of longer life, increased awareness and acceptance of advanced devices should drive the operating room equipment market from 2018 to 2026.
An operating room, also called an operating room, is a facility located in a hospital or retirement home where surgical procedures are performed to treat different physiological conditions in a sterile environment. Advances in technology have led to many changes in the way surgical procedures are performed. An operating room includes equipment such as mobile imaging systems, biomedical systems, endoscopes, anesthesia systems, operating tables, room lighting, and more. 39, operation, surgical imaging screens, operating room integration systems, surgical dams and microscopes.
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The main benefits of the operating theater equipment market and financial incentives from governments in various countries are the main factors driving the global market. The benefits of proper operating room equipment include accurate and up-to-date patient handling, increased patient safety, and long-term and long-term savings. These benefits encourage health care providers to equip technically advanced operating room equipment, which in turn stimulates the market.
The patient monitoring equipment segment is an important part of
In terms of product type, the patient monitoring equipment segment accounted for a dominant market share in 2017. Advances in patient monitoring systems include cardiac monitors, breath monitors, monitors body temperature, hematology monitors, multi-sign monitors, fetal and maternal monitors, oximeter and brain monitors. The Mobile Imaging Screens sub-segment dominated the Patient Monitoring Systems segment of the ORS market in 2017, due to the availability of competitively priced mobile C arms, the growing initiative the government to modernize hospitals and increase the number of surgeries. These factors should drive the segment over the forecast period.
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Asia-Pacific market to grow at a steady pace
North America held a significant share of the global market in terms of revenue and is expected to maintain its position over the forecast period. North America is home to several key players in the market, such as Stryker Corporation, US-based Hill-Rom Holdings, Inc., US-based Smiths Medical, and SKYTRON, where they generate significant sales. As a result, North America is a leading market for operating room equipment globally. A strong awareness of the latest health care technologies and a higher purchasing power should spur the market of the North American operating room equipment. The operating room equipment market in Asia-Pacific is expected to develop rapidly, mainly due to the improvement of the health care infrastructure, the increasing demand for theaters. Ultramodern hybrid operation and the increasing adoption of biomedical systems in hospitals and clinics, increased disposable income and technological advances in countries such as China and India.
Key players such as Stryker Corporation, Getinge AB and Hill-Rom Holdings, Inc. lead the market
The report also provides profiles of other major players operating in the global market of operating room equipment. The main players are SKYTRON, STERIS plc., Dragerwerk AG & Co. KGaA, GE Healthcare, Koninklijke Philips NV, Smiths Medical, Mizuho OSI and STORZ MEDICAL AG.
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About market research for transparency
Transparency Market Research (TMR) is a commercial information company that provides global business information reporting and services. Our exclusive combination of quantitative forecasting and trend badysis provides forward-looking information to thousands of decision makers. TMR's experienced team of badysts, researchers and consultants use proprietary data sources and various tools and techniques to gather and badyze information. Our commercial offers represent the latest and most reliable information that companies need to maintain a competitive advantage.
Each TMR subcontracted research report covers a different sector – such as pharmaceuticals, chemicals, energy, food and beverages, semiconductors, medical devices, consumer goods and technology. These reports provide in-depth badysis and in-depth segmentation at the micro levels possible. With a broader scope and a stratified research methodology, the underwritten TMR reports strive to offer customers the answers to their research needs.
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