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The operating room equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 5%, as per The Business Research Company’s market report!

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The Operating Room Equipment Market Size In 2022 And Forecast
The global operating room equipment market grew from $14.39 billion in 2021 to $15.66 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The operating room equipment market is expected to grow to $19.23 billion in 2026 at a CAGR of 5.3%.

The operating room equipment market consists of sales of operating room equipment and related services.

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Increase In Ambulatory Surgical Centers Globally Is Driving The Growth Of The Operating Room Equipment Market
All ASCs require an operating room (OR) to undertake the surgeries; therefore the growing number of ASCs all over the world is a key factor facilitating the growth of the market for OR equipment.

Competitive Landscape And The Regional Analysis Of The Operating Room Equipment Market
Major players in the operating room equipment market are Steris Plc, Stryker Corporation, Getinge AB, Hill-Rom Holdings Inc, Mizuho OSI Inc, Koninklijke Philips N.V, KARL STORZ GmbH & Co. KG, General Electric Company, Dragerwerk AG & Co. KGaA, and Medtronic plc.

Additionally, as per TBRC’s research – North America was the largest region in the operating room equipment market in 2021 holding the largest market share.

The Operating Room Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the operating room equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the operating room equipment market.

Hybrid Operating Room – A Key Trend In The Operating Room Equipment Market
A hybrid operating room is an alternative to a conventional operating room equipped with advanced medical imaging systems and devices which support high-quality interventional imaging and minimally invasive surgeries. It has a complex environment in which numerous surgeons, nurses, anesthesiologists, and technicians work together. Hybrid operating rooms in healthcare facilities have increased globally. Since they offer a sterile operating room environment, surgeons can perform surgeries with ease. The ability of these operating rooms to reduce the total healthcare expenditure, enhance patient safety, and minimize the time taken to perform surgeries will lead to its increased popularity in the fields of neurosurgery, cardiology, and orthopedics.

Operating Room Equipment Market Segmentation By The Business Research Company

1) By Type: Anesthesia Devices, Endoscopes, Operating room Lights, Operating Tables, Electrosurgical Devices, Surgical Imaging Devices, Patient Monitors,

2) By End User: Hospitals, Outpatient Facilities, Ambulatory Surgery Centers

3) By Application: Cardiovascular Surgery, Thoracic Surgery, Neurosurgery, Other Applications

Here Are Some Reports Related To The Operating Room Equipment Market –

Electrosurgical Devices And Equipment Global Market Report 2022

Endoscopy Devices And Equipment Global Market Report 2022

Surgical Equipment Global Market Report 2022

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