Newark, New Castle, USA, May 08, 2023 (GLOBE NEWSWIRE) -- According to a new Growth Plus Reports assessment, the operating room equipment & supplies market is estimated to reach US$ 38.75 billion by 2031, with a revenue CAGR of 3.50%. 

Key Takeaways:

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             Operating Room Equipment & Supplies Market Scope

Report AttributeDetails
Market Size Value in 2022US$ 28.39 Billion
Revenue Forecast in 2031US$ 38.75 Billion
CAGR3.5%
Base Year for Estimation2022
Forecast Period2023 to 2031
Historical Year2021
Segments CoveredType, End User, and Region
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Market Drivers

An increasing patient volume in hospitals is driving the revenue growth of the operating room equipment & supplies market. Furthermore, increasing demand for minimally invasive procedures, increased awareness of the need to maintain hygienic conditions in operating rooms, rising chronic disease prevalence, and rising medical expenses contribute to the market's revenue growth rate. 

Market Segmentation
Growth Plus Reports has analyzed the global operating room equipment & supplies market from four perspectives: Type, End User, and Region.

Type Segmentation: Based on the type, the operating room equipment & supplies market is segmented into anesthesia machines, operating tables, electrosurgical units, operating room lights, surgical imaging devices, and supplies/ accessories. The electrosurgical units segment dominates the market with the largest revenue share because of the growth in surgical treatments.

End User Segmentation: Based on the end user, the operating room equipment & supplies market is segmented into hospitals, ambulatory surgical centers, and others. The hospital segment dominates the market because of the growing need for more effective and efficient surgical treatments and a greater emphasis on patient safety and care quality.
  
Regional Growth Dynamics
Based on the region, the global operating room equipment & supplies market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America will dominate the operating room equipment & supplies market because of an increase in surgical procedures, the expansion of ambulatory surgery facilities, an increase in cardiovascular disease prevalence, increasing healthcare spending, and advanced healthcare infrastructure.

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Competitive Landscape
The prominent players in the global operating room equipment & supplies market are:

The operating room equipment & supplies market is extremely competitive, and market giants increasingly use mergers, collaborations, and acquisitions to increase their market share.

Recent developments:

Table of Content

  1. INTRODUCTION
    1. Market Ecosystem
    2. Timeline Under Consideration
      1. Historical Years – 2021
      2. Base Year – 2022
      3. Forecast Years – 2023 to 2031
    3. Currency Used in the Report
  2. RESEARCH METHODOLOGY 
    1. Research Approach
    2. Data Collection Methodology
    3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
    4. Market Estimation Approach
      1. Bottom Up
      2. Top Down 
    5. Market Forecasting Model
    6. Limitations and Assumptions
  3. PREMIUM INSIGHTS
    1. Current Market Trends (COVID-19 Perspective)
    2. Key Players & Competitive Positioning (2022)
    3. Regulatory Landscape
  4. MARKET DYNAMICS
    1. Drivers
    2. Restraints/Challenges
    3. Opportunities
  5. GLOBAL OPERATING ROOM EQUIPMENT & SUPPLIES MARKET - ANALYSIS & FORECAST, BY TYPE
    1. Anesthesia Machines
    2. Operating Tables
    3. Electrosurgical Units
    4. Operating Room Lights
    5. Surgical Imaging Devices
    6. Supplies/ Accessories
  6. GLOBAL OPERATING ROOM EQUIPMENT & SUPPLIES MARKET - ANALYSIS & FORECAST, BY END USER
    1. Hospitals
    2. Ambulatory Surgical Centers
    3. Others

OPERATING ROOM EQUIPMENT & SUPPLIES MARKET TOC

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