Operating Room Equipment Market Key Drivers Are Playing A
Vital Role In Raising Revenue By 2025
“Operating Room Equipment Market size was valued at USD 26.24 billion in
2016 and is expected to reach USD 48.50 billion by 2025, at CAGR of 7.2%.
Growing demand for improved medical facilities coupled with transition from
conventional to state-of-the-art operation theaters is anticipated to escalate
the operating room equipment market over the forecast period.”
The global Operating Room Equipment Market size was valued at USD 26.24 billion in 2016 and is expected to
reach USD 48.50 billion by 2025, at CAGR of 7.2%. Growing demand for improved medical facilities coupled with
transition from conventional to state-of-the-art operation theaters is anticipated to escalate the operating room
equipment market over the forecast period. Technological transformations, infrastructural development and
high investments in the medical devices by hospital and healthcare centers are expected to spur the medical
equipment demand over the forecast period. Development of hybrid operating rooms has prompted the
installation of multi-purpose equipment, enabling automated results coupled with high operational efficiency,
providing ample space for the introduction of high end equipment.
High occurrence of medical disorders among geriatric population along with the prevalence life threatening
diseases is anticipated to fuel advanced operating equipment demand. Availability of advanced surgical tools
and high prevalence of chronic disorders or diseases is also anticipated to escalate product demand over the
forecast period. Key challenge faced by the industry includes the high cost associated, which is expected to
hamper introduction of these devices in hospitals. Lack of knowledge and skilled manpower required to handle
complex devices is also expected to hinder market growth over the forecast period. Rise in number of high-end
operating rooms accompanying advanced equipment along with increasing number of ASC (Ambulatory Surgical
Center) is anticipated to substantially drive the level of innovation among manufacturers instigating them to
provide latest technologies.
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