The Market for Operating Room Devices Is Expected to Reach US$ 59.5 Billion by 2032

The global operating room equipment market is appraised at US$ 37.3 billion and is projected to reach a valuation of US$ 59.5 billion by the end of 2032. Sales of operating room equipment are expected to increase at a CAGR of 4.7% between 2022 and 2032.
North America is anticipated to account for a notable revenue share of more than 35% of the global operating room equipment market by the end of the forecast period, expanding at a higher than global CAGR of 6% through 2032.

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What's Catalysing the Demand for Operating Room Equipment?
"Rising Number of Surgical Procedures Performed Worldwide"
The world has witnessed a substantial increase in the incidence of chronic and infectious diseases over the past few years and this has resulted in an increased focus on healthcare and a high rate of hospitalization.
The number of surgeries being performed to treat these diseases has also increased resulting in high demand for operating room equipment. The growing popularity of minimally invasive surgeries and rising patient preference for such surgeries are also expected to favor surgery operating room equipment demand till 2032.
"Technological Advancements & Rising Senescent Population"
The healthcare industry has witnessed a notable increase in technological proliferation owing to digitization and growing use of advanced technologies in medical devices. The aforementioned factor has led to high demand for new and advanced operating room supplies in healthcare establishments. A growing geriatric population, which is more likely to undergo surgeries, is also expected to bolster the demand for general operation theatre instruments through 2032.

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Operating Room Equipment Industry Research Segments
By Type:
• Anesthesia Machines
• Electrosurgical Devices
• Multi-parameter Patient Monitors
• Surgical Imaging Devices
• Operating Tables
• Operating Room Lights
• Surgical Navigation Systems
• Others
By End User:
• Hospitals
• Outpatient Facilities
• Ambulatory Surgical Centers (ASCs)
• Others
By Region:
• North America
• Latin America
• Europe
• APAC
• MEA
Competitive Landscape
Operating room equipment manufacturers are focusing on the integration of advanced technologies such as machine learning and artificial intelligence to create innovative products.
In May 2022, Zimmer Biomet, a leading medical device company, announced the launch of its new artificial intelligence (AI) capabilities for its Omni Suite intelligent operating room. The suite is designed to optimize operational efficiency and with the new AI features, it can record workflow milestones such as door count, patient entry, anesthesia administration, etc
.
Key Companies Profiled:
• Stryker Corporation
• Siemens Healthcare GmbH
• Hill-Rom Holdings Inc.
• SKYTRON
• Medtronic
• STERIS plc.
• Dragerwerk AG & Co. KGaA
• Getinge AB
• Creative Health Tech Pvt. Ltd.
• FUJIFILM Holdings Corporation
• GE Healthcare
• Koninklijke Philips N.V.
• Smiths Medical
• Mizuho OSI
• BERCHTOLD Corporation
• STORZ MEDICAL AG

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