DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The "Operating Room Equipment Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

The global operating room market accounted for $24,192 million in 2016, and is estimated to reach at $33,308 million by 2023, registering a CAGR of 4.5% from 2017 to 2023.

In medical settings, the operating room (OR) is a facility wherein surgical interventions and procedures are performed on patients to treat various pathological and physiological conditions. The OR acts as a safe, inert, and sterile environment to perform surgeries. Therefore, it is vital that sound equipment are provided, which lead to successful surgical interventions. The operating room equipment has evolved tremendously in the past decade, improved equipment such as surgical navigation systems have greatly streamlined OR procedures.

Surge in number of hospitals, increased investment in OR equipment, and rise in global geriatric population supplement market growth. Furthermore, growth in regulatory approvals for different OR equipment along with rise in patient preference for minimally invasive surgeries boosts the market. However, high costs associated with OR equipment and unfavorable healthcare reforms in the U.S. impede the growth of the market. Untapped potential of emerging markets such as Asia-Pacific and LAMEA are anticipated to provide lucrative opportunities to the key market players during the forecast period.

The operating room equipment market is segmented based on type, end user, and geography. Based on type, it is divided into anesthesia machines, electrosurgical devices, multi-parameter patient monitors, surgical imaging devices, operating tables, operating room lights, and surgical navigation systems. The multiparameter patient monitors are further classified into high, medium, and low acuity multi-parameter patient monitors.

Companies Mentioned:

Steris Corporation Stryker Corporation Koninklijke Philips N.V. Getinge Group Hill-Rom Holdings, Inc. Drgerwerk AG & Co. KGaA General Electric Company Medtronic, plc Mizuho SOI Karl Storz GmbH & Co. Kg

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global Operating Room Equipment Market, By Type

Chapter 5 Global Operating Room Equipment Market, By End Users

Chapter 6 Operating Room Equipment Market, By Geography

Chapter 7 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fww5v2/global_operating?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180606005767/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Surgical Devices

KEYWORD:

INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/06/2018 09:25 AM/DISC: 06/06/2018 09:25 AM

http://www.businesswire.com/news/home/20180606005767/en