Operating Room Equipment And Supplies Market
An operating room includes necessary as well as supportive equipment required during surgical interventions such as surgical table and surgical table accessories, digital integration systems, disposables and consumables, sterilization and cleaning equipment, stretchers and stretcher accessories, and surgical or exam lights. Due to the emergence of the advanced diagnostic and imaging technology equipment used in the operating room, and higher adaptation of the these equipment in the operating room causes, operating room to become more congested and complex. However, advancement in surgical equipment has aided in simplifying and streamlining operating rooms. For instance, operating room integration system is designed to access data, videos, and controls for all the devices at a central command station, allowing surgeons to perform various tasks efficiently without the need to move around in operating rooms.
Market Dynamics
Increasing patient preference for minimally or non-invasive surgeries, owing to reduction in post-operative trauma and complications and reduced hospital stay are factors expected to drive demand for advanced operating room equipment and supplies. The increasing preference for minimally or non-invasive procedures over conventional open surgeries has led to the development of hybrid operating rooms equipped with various complex surgical equipment products ranging from operating room lighting to patient monitoring devices. For instance, according to the American Society of Plastic Surgeons (ASPS): 2016-annual plastic surgery procedural statistics, around 15.9 million surgical and minimally-invasive cosmetic procedures were performed in the U.S. in 2015, with 2% increase over 2014. In addition to this, increasing national healthcare expenditure by various governments is expected to drive growth of the operating room equipment and supplies market. For instance, according to the Centers for Medicare & Medicaid Services (CMS): 2016-Research Statistics Data and Systems, retail spending for non-durable medical products such as medical instruments and surgical dressings increased by 4.4% to US$ 62.2 trillion in the U.S. in 2016. Moreover, hospital care spending accounted for around 32% of the total healthcare spending in the U.S., which exhibited an increase of 4.7% to reach US$ 1.1 trillion in 2016, over the prior year (2015)
Key features of the study
Market Segmentation
Table of Contents
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