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| Operating Room Equipment Market to Reach $27.4 Bn, Globally, by 2030 at 5.3% CAGR: Allied Market Research | ||
| By: PR Newswire Association LLC. - 25 May 2022 | Back to overview list |
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Rise in number of hospitals, surge in investments in OR equipment, and increase in patient preference for minimally invasive surgeries drive the growth of the global operating room equipment market. PORTLAND, Ore., May 25, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Operating Room Equipment Market By Type (Anesthesia Machines, Electrosurgical Devices, Multi-parameter Patient Monitors, Surgical Imaging Devices, Operating Tables, Operating Room Lights, Surgical Navigation Systems), By End User (Hospitals, Outpatient Facilities, Ambulatory Surgical Centers (ASCs)): Global Opportunity Analysis and Industry Forecast, 2020-2030." According to the report, the global operating room equipment industry generated $16.4 billion in 2020, and is expected to reach $27.4 billion by 2030, witnessing a CAGR of 5.3% from 2021 to 2030.  Download Sample PDF at: https://www.alliedmarketresearch.com/request-sample/4237 Drivers, Restraints, and Opportunities Rise in number of hospitals, surge in investments in operating room (OR) equipment, and increase in patient preference for minimally invasive surgeries drive the growth of the global operating room equipment market. However, high costs associated with OR equipment and unfavorable healthcare reforms in some countries hinder the market growth. On the other hand, regulatory approvals for different OR equipment and untapped potential in emerging countries create new opportunities in the coming years. Covid-19 Scenario
Specific Requirement on COVID-19? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/4237 The operating tables segment to maintain its leadership status during the forecast period Based on type, the operating tables segment accounted for the highest market share in 2020, contributing to nearly one-third of the global operating room equipment market, and is expected to maintain its leadership status during the forecast period. This is due to surge in number of surgical procedures and surge in patient preference for minimally invasive surgeries. However, the multi-parameter patient monitors segment is estimated to witness the largest CAGR of 6.9% from 2021 to 2030, owing to rise in incidence of chronic diseases and increase in number of surgical procedures. The hospitals segment to maintain its lead position throughout the forecast period Based on end user, the hospitals segment contributed the highest market share in 2020, accounting for more than two-fifths of the global operating room equipment market, and is expected to maintain its lead position throughout the forecast period. This is attributed to large number of patients visiting hospitals for treatments regarding neurological, cardiovascular, and orthopedic disorders. However, the ambulatory surgical centers (ASCs) segment is expected to manifest the fastest CAGR of 6.5% from 2021 to 2030, owing to untapped potential of emerging countries and technological advancements in OR equipment. North America to maintain its dominance in terms of revenue by 2030 Based on region, North America held the highest market share in terms of revenue in 2020, accounting for more than two-fifths of the global operating room equipment market, and is expected to maintain its dominance in terms of revenue by 2030. This is due to significant rise in investments and increase in number of partnerships and acquisitions. However, Asia-Pacific is estimated to register the fastest CAGR of 6.1% during the forecast period, owing to Increase in demand for OR equipment and surge in awareness about minimally invasive procedures in the region. Leading Market Players
Avenue Basic Plan | Library Access | 1 Year Subscription | Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan. Request for 14 days free trial: https://www.alliedmarketresearch.com/avenue/trial/starter "We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market." Trending Reports in Healthcare Industry (Book Now with 10% Discount): Antiepileptic Drugs Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 Peripheral vascular device Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 Facial Injectables Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 Breast Imaging Equipment Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 Hemoglobinopathies Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 Cancer Genome Sequencing Market - Global Opportunity Analysis and Industry Forecast, 2020–2028 About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: David Correa
SOURCE Allied Market Research 
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