World Operating Room Equipment Market 2020-2030: COVID 19 Implications and Growth Prospects
DUBLIN, May 27, 2020 /PRNewswire/ -- The "Operating Room Equipment Global Market Opportunities And Strategies To 2030: COVID 19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the increasing demand for operating room equipment which play a critical role in the treatment of patients with Covid 19.
This report describes and evaluates the global operating room equipment market. It covers two five-year periods, one three-year period and one six-year period including, 2015 to 2019, termed the historic period, and 2019 to 2023 forecast period, 2023-2025 forecast period and 2025 -2030 the forecast period.
The global operating room equipment reached a value of nearly $27,937.0 million in 2019, having grown at a CAGR of 3.98% since 2015, and is expected to grow at a CAGR of 3.95% to nearly $32,625.7 million by 2023. Also, the market is expected to grow to $35,196.9 million in 2025 at a CAGR of 3.87 % and to $42,660.1 million in 2030 at a CAGR of 3.92%.
Growth in the historic period resulted from rapid growth in the elderly population, favorable government decisions and increased healthcare spending and by rapid growth in emerging markets. Factors that negatively affected growth in the historic period were high prices of advanced anesthesia devices, lack of trained workers and technical resources and stringent regulatory approval processes for medical devices.
Going forward, faster economic growth, growing demand for minimally invasive surgery, increasing demand for critical care equipment, increasing prevalence of chronic diseases and government initiatives and efforts towards insurance reforms are expected to drive the market. Factors that could hinder the growth of the operating room equipment market in the future include challenges due to regulatory changes, geopolitical tensions, high cost of investment.
The COVID-19 pandemic has impacted all industries directly or indirectly. Patients diagnosed with COVID-19 have a high chance of developing respiratory illness, distress, and insufficiency. So, there has been a surge in demand for life-saving equipment such as respiratory devices including ventilators, anesthesia gas masks, and other devices are required to support their treatment. With the number of cases across the globe increasing daily, most countries have gone into lockdowns, which disrupted the global supply chains and international trade. Healthcare providers and governments are looking for faster and newer solutions to monitor the spread.
North America was the largest region in the operating room equipment market, accounting for 38.9 % of the global market in 2019. It was followed by Western Europe and Asia Pacific, and the other regions. Going forward, the fastest growing regions in the operating room equipment market will be Eastern Europe and Asia Pacific, where growth will be at CAGRs of 6.9 % and 5.2% % respectively from 2019-2023.
Key Topics Covered:
1. Operating Room Equipment Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
7. Operating Room Equipment Market Characteristics
8. Operating Room Equipment Market, Supply Chain Analysis
9. Operating Room Equipment Market, Product Analysis - Product Examples
10. Operating Room Equipment Market Customer Information
11. Operating Room Equipment Market Trends And Strategies
12. Impact Of COVID-19 On The Operating Room Equipment Market
13. Operating Room Equipment, Patients By Age Group Analysis
14. Global Operating Room Equipment Market Size And Growth
15. Global Operating Room Equipment Market Segmentation
16. Operating Room Equipment Market, Regional And Country Analysis
17. Asia-Pacific Operating Room Equipment Market
18. Western Europe Operating Room Equipment Market
19. Eastern Europe Operating Room Equipment Market
20. North America Operating Room Equipment Market
21. South America Operating Room Equipment Market
22. Middle East Operating Room Equipment Market
23. Africa Operating Room Equipment Market
24. Global Operating Room Equipment Market Competitive Landscape
25. Key Mergers And Acquisitions In The Operating Room Equipment Market
26. Operating Room Equipment Market Opportunities And Strategies
27. Operating Room Equipment Market, Conclusions And Recommendations
Companies Mentioned
- Getinge AB
- Abbott Laboratories
- AlsoEnergy (Skytron Energy)
- Alvo Medical
- B. Braun Melsungen
- Becton, Dickinson and Company
- Boston Scientific
- Canon Medical Systems
- Cardinal Health
- Covidien Healthcare
- Drgerwerk AG
- EMTEL
- Fisher & Paykel Healthcare
- Fresenius
- Fukuda Denshi
- General Electric Company
- Hill-Rom Holdings, Inc.
- Johnson & Johnson
- Karl Storz gmbh & co
- KLS Martin Group
- Koninklijke Philips N.V.
- Masimo
- Medtronic Plc
- Metran Co., Ltd.
- Mindray
- Mizuho OSI
- Nihon Kohden Corporation
- Nipro
- Olympus Corporation
- Opto Circuits
- ResMed Inc.
- Roche
- Siemens Healthcare
- Simeon Medical GmbH & Co. KG
- Smiths Medical
- STAAN Bio-Med Engineering Private Limited
- Steris PLC
- Stryker Corporation
- Teleflex Incorporated
- Thermo Fisher Scientific
For more information about this report visit https://www.researchandmarkets.com/r/xqbr26
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