According to the report of Market Data Forecast, Europe Operating Room Equipment Market worth will be USD 2 billion in 2021.
According to the report “Europe Operating Room Equipment Market By Type (Electrosurgical Units, Anesthesia Machines, Surgical Imaging Devices (Mobile C-Arms, Mini C-Arms), Operating Room Lights, Multi-Parameter Patient Monitors, 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 Europe Operating Room Equipment Market is expected to grow at a CAGR of 3.7 % and reach USD 7.88 billion in 2021 from USD 6.57 billion in 2016. The Operating Room Equipment market is expected to show evident potential in the forecasting 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. 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 the 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 Europe Operating Room Equipment market is divided based on type and end user. The segmentation on the basis of type is done into Anesthesia Machines, Electrosurgical Units.
Multi-Parameter Patient Monitors, Surgical Imaging Devices, Operating Room Lights, Operating Tables. Based on Surgical imaging devices, the market is segmented into Mobile C-Arms, Mini C-Arms.
Operating tables is further segmented into General Operating Tables, Specialty Operating Tables. On the basis of end user, the 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 the market by end user.
On the basis of geography, the Europe market is analyzed under various regions namely U.K, Germany, Spain, Italy and France.
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Some of the major competitors in the Europe Operating Room Equipment market are:
- 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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