The Operating Room Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Operating Room Equipment Market?
The market size of the operating room equipment has seen substantial growth in recent years. It was projected to increase from $16.55 billion in 2024 to $17.67 billion in 2025 with a compound annual growth rate (CAGR) of 6.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Operating Room Equipment Industry?
The Operating Room Equipment Global Market Report 2025 anticipates that the market will reach $22.17 billion in 2029 with a compound annual growth rate (CAGR) of 5.8%.
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What are the Key Growth Drivers Fueling the Operating Room Equipment Market?
The key drivers in the operating room equipment market are:
• Faster economic growth leading to increased healthcare infrastructure
• Growing demand for minimally invasive surgery
• Rising demand for critical care equipment
• Government efforts towards insurance reforms and increasing prevalence of chronic diseases
Global Market Segmentation: Identifying Major Operating Room Equipment Industry Segments
The operating room equipment market covered in this report is segmented –
1) By Type: Anesthesia Devices, Endoscopes, Operating Room Lights, Operating Tables, Electrosurgical Devices, Surgical Imaging Devices, Patient Monitors
2) By Application: Cardiovascular Surgery, Thoracic Surgery, Neurosurgery, Other Applications
3) By End User: Hospitals, Outpatient Facilities And Ambulatory Surgery Centers
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What are the Emerging Trends Shaping the Future of the Operating Room Equipment Market?
The key trends in the operating room equipment market are:
• The development of customized Multi-Parameter Monitoring Systems (MPMS) is an emerging trend.
• The implementation of Evoked Potential Assessment Device (EPAD) technology in neuromonitoring devices used for surgery is a new trend.
• Offering next-generation ultrasonic surgical devices is gaining momentum.
• There is a growing trend towards pay-per-use models to reduce operational costs.
Who Are the Top Competitors & Leading Players in the Operating Room Equipment Market?
Major companies in the operating room equipment market are:
• Medtronic plc
• Olympus Corporation
• General Electric Company
• Stryker Corporation
• Koninklijke Philips N.V.
• Getinge AB
• Drägerwerk AG
• Hill-Rom Holdings Inc.
• Nihon Kohden Corporation
• Steris PLC
• STAAN Bio-Med Engineering Private Limited
• GE Healthcare
• Covidien Healthcare
• Philips Healthcare
• Fisher & Paykel Healthcare
• Smiths Medical
• Metran Co. Ltd
• Siemens Healthcare
• Opto Circuits
• Fukuda Denshi
• Canon Medical Systems
• Nipro
• Honeywell
• Mindray
• Boston Scientific
• Abbott Laboratories
• Fresenius
• Thermo Fisher Scientific
• DePuy Synthes
• Simeon Medical GmbH & Co. KG
• EMTEL
• Teleflex Incorporated
• Johnson & Johnson LLC
• Alvo Medical
• Mizuho OSI
• Karl Storz gmbh & co
• KLS Martin Group
• ResMed Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the global operating room equipment market in 2024
