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Global Operating Room Equipment Market to Gain from High Demand for ASCs and Hybrid Operating Rooms

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Operating room equipment is a crucial part of the healthcare infrastructure of any hospital and, on a larger scale, of a country. Technologically advanced operating room equipment is crucial to maintaining the standard of surgical procedures. The changing dynamics of the global healthcare scenario have impacted the global operating room equipment market massively in recent years and are set to continue to have a major impact on the market in the coming years.

Browse the full Global Operating Room Equipment Market Report:

Rising Demand for Hybrid Operating Rooms Drives Global Operating Room Equipment Market

Hybrid operating rooms, i.e. operating rooms equipped with imaging equipment and other devices that enable minimally invasive surgeries, are rising in demand from around the world. Minimally invasive surgeries minimize the amount of discomfort and pain caused to patients due to surgical procedures, due to which their demand is rising. This is aiding the market for operating room equipment, since demand for minimally invasive surgeries leads to correspondingly increasing demand for operating room equipment compatible with imaging equipment such as MRI and CT scanners and probing devices such as endoscopes and catheters.

Ambulatory surgical centers (ASC) have also been rising in demand over recent years. ASCs are used for surgeries that do not require the patient to be hospitalized any further. The rising demand for ASCs has also propelled the global operating room equipment market massively in recent years.

Due to the rising demand for advanced technology in operating rooms, the product segment of OR integration systems is expected to expand the fastest in the coming years. Other major segments of the global operating room equipment market are operating tables, which were the largest product segment in 2012 and are classified into general and specialty operating tables, surgical imaging displays, OR lights, and surgical booms. Operating tables held more than 30% of the market in 2012; within the segment of operating tables, general operating tables are expected to be low in demand over the coming years, but demand for specialty operating tables will keep the segment afloat.

High Cost of Operating Room Equipment Hinders Market in Asia Pacific, Latin America

The global operating room equipment market is led by North America, owing to the highly advanced medical infrastructure in the region. However, in recent years, Asia Pacific and Latin America have emerged as potential key segments due to the growing population of these regions and the consequently high need for surgical procedures. However, due to the high technical sophistication of advanced operating room equipment, many countries in these regions have deemed it financially nonviable to implement modern operating room tech on a large scale. This will restrain the growth of the global operating room equipment market in the near future, till a balance is achieved between the prices of operating room equipment and the spending power of leading countries in APAC and Latin America.

Browse the full Press Release of Global Operating Room Equipment Market

According to a research report recently added by Market Research Reports Search Engine (MRRSE) to its catalog of market intelligence reports, the global market for operating room equipment was worth US$2.6 bn in 2012 and, exhibiting a 6.20% CAGR from 2013 to 2019, is expected to be worth more than US$4 bn.