Operating room equipment and supplies market

Operating Room Equipment and Supplies Market, by Product Type (Supplies Type (Surgical Instruments, Disposable Materials, Accessories, and Others), Equipment Type (Anesthesia Machines, Electrosurgical Units, Multi-Parameter Patient Monitors, Surgical Imaging Devices (Mobile C-arms, Mini C-arms), Operating Tables, Operating Room Lights, and Other Operating Room Equipment)), by Application (Orthopedic and Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, and Others), by End User (Hospitals, Ambulatory Surgical Centers, Emergency Clinics, and Others) and by Geography - Global Trends and Forecast to 2025

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Mar 2018
CMI1358
170 Pages
Excel & Pdf
Medical Devices

Summary

Operating Room Equipment and Supplies Market - Insights

Continuous advancement in surgical procedures has led to increasing demand for more sophisticated and advanced operating room equipment and supplies. Minimally invasive surgery, image-guided procedures, robotic surgery, and telesurgery are replacing the conventional surgical procedures and these require image-guided vascular access technologies and other endoscopic access techniques. Increasing complexity of procedures and patients has resulted in rising demand for monitoring and support systems used in specialized operating rooms. Moreover, depending on the type of surgery, the requirement for surgical equipment differs. For instance, in pediatric surgery room, additional surgical devices such as non-blood contacting biventricular cardiac assist device, umbilical venous catheter, and portable surgical microscope are required. The placement of operating room equipment and supplies also depends on the size of the room, room orientation, supply for medical gases, number of location of electrical and medical gas outlets, access of the room, and location of the room.

The global operating room equipment and supplies market is estimated to be valued at US$ 26, 668 million in 2017 and is expected to witness a CAGR of 7.5% over the forecast period (2017–2025).

Figure 1. Global Operating Room Equipment and Supplies Market Value (US$ Mn), by Region, 2017

Source: Coherent Market Insights Analysis (2017)

Rising number of surgical procedures and interventions is expected to augment growth of the operating room equipment and supplies market over the forecast period

Rising number of surgical procedures across the globe is expected to drive growth of the operating room equipment and supplies market. For instance, in 2015, 1.36 million caesarean procedures were performed in the European countries, which includes over 220 thousand caesarean section procedures in Germany, around 200 thousand in the U.K., and over 170 thousand in Italy. Moreover, according to the German Heart Surgery Report 2016, there were 103,128 heart surgery procedures reported in the German Society for Thoracic and Cardiovascular Surgery (GSTCVS) registry. Around 33,451 isolated heart valve procedures including 11,701 catheter-based procedures with an in-hospital mortality of 4.3% were reported. In addition to this, among the total heart surgery procedures conducted, around 15.7% of the patients were aged 80 years. An increase of 0.9% was observed in the heart surgery procedures performed on patients aged 80 years as compared to that in 2015, according to the same source

With increasing number of surgical interventions, the total expenditure for surgical and non-surgical procedures is also increasing significantly. For instance, according to the American Society for Aesthetic Plastic Surgery (ASAPS): 2016 statistics, people in the U.S. invested over US$ 15 billion on combined surgical and non-surgical procedures, which also shows an increase of US$ 1.5 billion, over the previous year (2015). The surgical procedures accounted for 56% of the total expenditures, while non-surgical procedures accounted for 44% of the expenditure, in 2016.

Increasing investments in product developments is fueling the market in Asia

North America is expected to account for the largest market share in operating room equipment and supplies market over the forecast period. This is owing to increasing investments by hospitals to upgrade operating rooms and equipment, increasing numbers of surgical procedures in the region, and rising prevalence of chronic diseases in the U.S. For instance, According to the National Cancer Institute- 2014 data findings, there were an approximately 3.0 million men living with prostate cancer in the U.S., in 2014. In addition, approximately 11.6% of men will be diagnosed with prostate cancer at some point during their lifetime, based on 2012-2014 data. Furthermore, prostate cancer represents 9.6% of all new cancer cases in the U.S. in 2014.

Furthermore, Asia Pacific is expected to account for the highest growth in the operating room equipment and supplies market. This is attributed to government initiatives to increase deployment of doctors and hospitals in the rural and urban areas in China and India. For instance, in government of China, from 2013 initiated the extensive program to support the rural heath, by employing the healthcare professionals. These healthcare professionals are deployed from medical colleges for the contract basis in rural areas for the tenure of six years. Such reforms by China government helped to reshape the rural healthcare infrastructure. Moreover, manufacturers in the region are focusing on developing advanced products for application in operation rooms for complex surgeries. For instance, in November 2017, SpineGuard and XingRong Medical launched PediGuard product range, in China during the Chinese Orthopedic Association (COA) annual meeting, held in Zhuhai, China. PediGuard is disposable medical device, which is used during spine surgery, to reduce the radiation exposure from fluoroscopy by 30%. In July 2017, Huayi Capital—a China-based healthcare focused investment firm—invested US$ 17 million series A round fund in Symbow Medical, a Beijing-based surgical navigation device developer. The funding helped Symbow Medical to develop four dimensional information tracking system, which displays image of human body along with automatic tracking and calibration during surgical intervention. These increasing investment by operating room equipment manufacturing companies in Asia is further expected to augment growth of operating room equipment supplies market in Asia.

Some of the key players in operating room equipment and supplies market are Drägerwerk AG & Co. KGaA, Fujifilm Holdings Corporation, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Medtronic, plc, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, and Siemens AG.

Table of Content

Table of Contents

Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

Market Overview

Report Description

Market Definition and Scope

Executive Summary

Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region

Coherent Opportunity Map (COM)

Market Dynamics, Regulations, and Trends Analysis

Market Dynamics

Global Operating Room Equipment & Supplies Market, By Product Type, 2017–2025, (US$ Million)

Introduction

Market Share Analysis, 2016 and 2025 (%)
Y-o-Y Growth Analysis, 2016–2025
Segment Trends

Supplies Type

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Surgical Instruments

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Disposable Materials

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Accessories

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Other Operating Room Product

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Equipment Type

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Anesthesia Machines

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Electrosurgical Units

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Multi-Parameter Patient Monitors

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Surgical Imaging Devices

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Mobile C-arms
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
- Mini C-arms
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Operating Tables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)
Operating Room Lights
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Global Operating Room Equipment & Supplies Market, By Application, 2017–2025, (US$ Million)

Introduction

Market Share Analysis, 2016 and 2025 (%)
Y-o-Y Growth Analysis, 2016–2025
Segment Trends

Orthopedic and Trauma Surgeries

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Neurosurgeries

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Cardiovascular Surgeries

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Gastrointestinal Surgeries

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Other Applications

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Global Operating Room Equipment & Supplies Market, By End User, 2017–2025, (US$ Million)

Introduction

Market Share Analysis, 2016 and 2025 (%)
Y-o-Y Growth Analysis, 2016–2025
Segment Trends

Hospitals

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Ambulatory Surgical Centers

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Emergency Clinics

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Other End Users

Introduction
Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million)

Global Operating Room Equipment & Supplies Market, By Region, 2017–2025, (US$ Million)

Introduction

Market Share Analysis, By Region, 2016 and 2025 (%)
Y-o-Y Growth Analysis, By Region, 2016–2025

North America

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

U.S.
Canada

Europe

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe

Asia Pacific

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

China
Japan
India
ASEAN
Australia
South Korea
Rest of Asia Pacific

Latin America

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

Brazil
Mexico
Rest of Latin America

Africa

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

Northern Africa
Central Africa
South Africa

Middle East

Market Size and Forecast, By Product Type, 2015–2025, (US$ Million)
Market Size and Forecast, By Application, 2015–2025, (US$ Million)
Market Size and Forecast, By End User, 2015–2025, (US$ Million)
Market Size and Forecast, By Country, 2015–2025, (US$ Million)

GCC Countries
Israel
Rest of Middle East

Competitive Landscape

Heat Map Analysis
Company Profiles

Drägerwerk AG & Co. KGaA

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Fujifilm Holdings Corporation

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Getinge AB

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

GE Healthcare

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Hill-Rom Holdings, Inc.

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

KARL STORZ GmbH & Co. KG

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Mizuho OSI

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Medtronic, plc

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Koninklijke Philips N.V.

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

STERIS Corporation

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Stryker Corporation

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Siemens AG

Company Overview
Technology Portfolio
Financial Performance
Recent Developments/Updates
Future Plans

Analyst Views

Section

References
Research Methodology
About Us and Sales Contact

*Browse 35 market data tables and 38 figures on "Operating Room Equipment & Supplies Market - Global forecast to 2025”.

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- Frequently Asked Questions -

What are the growth estimates for operating room equipment and supplies market till 2025?

The global operating room equipment and supplies market is estimated to surpass US$ 47.7 Billion by 2025.

Which are the prominent operating room equipment and supplies marketplayers across the globe?

Major players operating in the global operating room equipment and supplies market include Drägerwerk AG & Co. KGaA, Fujifilm Holdings Corporation, Getinge AB, GE Healthcare, Hill-Rom Holdings, Inc., KARL STORZ GmbH & Co. KG, Mizuho OSI, Medtronic, plc, Koninklijke Philips N.V., STERIS Corporation, Stryker Corporation, and Siemens AG.

Which segment based on product type, accounted for the highest demand in the operating room equipment and supplies market?

Among product type, operating room equipment accounts for large market share, owing to high dependency on medical equipment in surgical operating room

What are the key factors driving growth of the operating room equipment and supplies market?

Rising number of surgical procedures and interventions is one of the major factors that is expected to propel growth of the market over the forecast period.

What is the Compound Annual Growth Rate (CAGR) of theoperating room equipment and supplies market for next 8 years?

The global operating room equipment and supplies market is estimated to exhibit a CAGR of 7.5% over the forecast period.

Which region is dominating theoperating room equipment and supplies market growth?

Among regions, North America is expected to account for the largest market share in operating room equipment and supplies market over the forecast period.