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North America's operating room equipment market to hit $9.55 billion by 2021

The North America Operating Room Equipment market expected to reach USD 9.55 billion by 2021 from USD 8.08 billion in 2016, growing at a CAGR of 3.4 %.

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According to the report “North America Operating Room Equipment Market 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 - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, 

The Operating Room Equipment market is forecasted to show great potential over the mentioned period.

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Operating room is a facility where all the operations are performed on patients in order to treat different pathological and physiological conditions in a sterile environment, operating rooms are also known as the operating suite or operation theatre.

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An operating room is prepared with technically advanced equipment that offers enhanced operational efficiency by enabling surgeons and other healthcare professionals with greater flexibility and ease of handling.

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 costs associated with latest medical device technologies acts as major restraint restraining the market.

The North America Operating Room Equipment market is segmented by type and livestock. The market segmentation based on type is done into Anesthesia Machines, Electrosurgical Units.

Multi-Parameter Patient Monitors, Surgical Imaging Devices, Operating Room Lights, Operating Tables. Surgical Imaging Devices is further segmented into Mobile C-Arms, Mini C-Arms.

Operating tables is further segmented into General Operating Tables, Specialty Operating Tables. Based on end user, market is categorized into Hospitals, Outpatient Facilities.

The market share by type is dominated by Anesthesia devices. Hospitals are expected to command largest share of market by end user.

On the basis of geography, the North America market is analysed under various regions namely United States and Canada.

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Some of the major companies dominating the North America Operating Room Equipment Market:

  • STERIS Corporation
  • Stryker Corporation
  • Drägerwerk AG & Co. KGaA
  • Getinge Group
  • Medtronic, Inc.
  • Hill-Rom Holdings, Inc.
  • Mizuho OSI
  • GE Healthcare
  • Philips Healthcare
  • KARL STORZ GmbH & Co. KG.

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