Regional and country-level analysis and forecasts of the Asia-Pacific Operating Room Equipment Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “Asia-Pacific 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 Asia-Pacific Operating Room Equipment Market has been estimated at USD 5.05 billion in 2016 and is projected to reach USD 6.51 billion by 2021, at a CAGR of 5.2 % during the forecast period from 2016 to 2021. The Asia-Pacific Operating Room Equipment market is showcasing significant potential in the mentioned forecast 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 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 Asia-Pacific Operating Room Equipment Market is categorized on the basis of type and end user. The market segmentation based on type is done into Electrosurgical Units, Anesthesia Machines, Surgical Imaging Devices (Mobile C-Arms, Mini C-Arms), Operating Room Lights, Multi-Parameter Patient Monitors, and Operating Tables.
Surgical Imaging Devices is further segmented into Mini C-Arms, Mobile C-Arms. Operating tables is further fragmented into Specialty Operating Tables, General 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.
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On the basis of geography, Asia-Pacific Operating Room Equipment Market is analysed under various regions namely China, India, Australia, Japan and South Korea. Asia Pacific market is predicted to grow at highest CAGR during the forecast period.
The major companies dominating the Asia-Pacific Operating Room Equipment Market share include:
- 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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