Operating Room Equipment Market Top Companies, Investment trend, Growth Opportunities, Drivers, Technology and Future Prospects
The global
operating room equipment market is growing substantially due to
increasing investment in research and development for the expansion of
technologically advanced equipment, rapid transformation from conventional to
hybrid operating rooms and growing medical tourism in emerging economies.
Massive unexplored market in operating room equipment industry of developing
economies are creating ample opportunities for the operating room equipment
market to grow at a considerable rate in coming years.
Some of the
factors driving the growth of the global operating room equipment market are
increasing number of geriatric population, rising demand for hybrid operating
room in developed countries, rising demand for range of modern operating room
equipment and increasing number of surgeries. In addition, increasing numeral
of ambulatory surgical centers, increasing prevalence of chronic diseases, and
increasing healthcare expenditure are also some of the factors stimulating the
growth of the global operating room equipment market. However, excessive cost
of operating room equipment and presence of alternatives, such as purchase of
refurbished or used operating room equipment, are some of the factors
restraining the growth of the operating room equipment market to some extent.
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Geographically,
North America will be leading the global operating room equipment market in the
coming years, due to demand created by increasing number of operating rooms and
introduction of technologically advanced operating room equipment. The market
in North America and Europe would largely rely on the replacement of existing
equipment with the technologically advanced operating equipment. Asia-Pacific
is the fastest growing region in the global operating room equipment market.
The major reasons for the fastest growth of operating room equipment market in
the region are increasing healthcare expenditure, large pool of patients,
increasing medical tourism, increasing government support, and improving
healthcare infrastructure in the region. Moreover, the operating room equipment
market is growing due to increasing awareness of healthcare and increasing
penetration by developed countries based equipment manufacturers in the
emerging countries, such as India and China, of Asia-Pacific region.
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Some of the
companies operating in the global operating room equipment market are Karl
Stroz GmbH & Co. KG, Berchtold Corporation, NDS Surgical Imaging, LLC,
TRUMPF GmbH & CO. KG, Skytron, LLC, Steris Corporation, Getinge Group,
Mizuho OSI, Eschmann Equipment, and Stryker Corporation.
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