Market Overview:
The global operating room market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgeries, technological advancements, and rising demand for minimally invasive surgeries. Based on type, the modular operating room segment is expected to lead the global operating room market during the forecast period. This can be attributed to its advantages such as easy installation and reconfiguration, low cost, and less downtime. Based on application, hospitals are expected to lead the global operating room market during the forecast period. This can be attributed to factors such as increase in number of surgical procedures performed in hospitals and growing demand for minimally invasive surgeries.
Product Definition:
An operating room (OR) is a room in a hospital where surgery is performed. It is equipped with medical instruments, anesthesia machines, and monitors.
Modular:
Modular is a technique of organizing medical devices in which the components are connected by flexible, hollow plastic tubes. These modules can be moved around and reorganized as per requirement. Modularization has been observed to improve workflow and patient care in OR (Operating Room). It helps in quick connection of devices with fewer wires thus improving efficiency & reducing operating time.
OR market size was valued at USD 19 billion in 2015.
Integrated:
Integrated is a technology that involves the integration of different components in one system. It includes technologies such as integrated imaging, integrated operating room (I-OR), and integrated video management systems (IVMS). The primary objective of integrating these components is to provide enhanced patient care by providing high resolution real-time images to the surgeons during surgeries.
Advantages: It provides enhanced patient safety by reducing errors during surgery.
Application Insights:
The hospitals segment dominated the global operating room market in 2017. This is attributed to increasing prevalence of chronic diseases, especially cardiac and respiratory disorders, which require surgical treatment. According to a study published in NCBI, it is estimated that around 1 billion surgeries are performed annually worldwide. The cardiac surgery segment accounted for the largest share owing to high incidence of heart-related disorders coupled with rising demand for minimally invasive procedures.
The others segment includes ASCs and other healthcare facilities such as imaging centers and pain management clinics that perform diagnostic or therapeutic procedures using an operating room setting as well as equipment such as anesthesia machines and monitors used during surgeries or other medical procedures.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing demand for advanced operating room equipment are some of the factors driving growth in this region. In addition, growing adoption of new technologies such as video wall is expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments by governments and private players for improving healthcare infrastructure coupled with increasing prevalence of chronic diseases such as cardiac disorders & cancer which require surgical intervention.
Growth Factors:
- Increasing incidence of chronic diseases: The number of people suffering from chronic diseases is increasing at an alarming rate across the globe. This is leading to an increase in the demand for surgical procedures, which in turn is propelling the growth of the global operating room market.
- Technological advancements: The operating room market is witnessing rapid technological advancements, with new and innovative products being launched regularly. This is helping to boost the growth of the market globally.
- Rising geriatric population: A large percentage of the global population comprises elderly people who are more susceptible to developing chronic diseases that require surgical treatment. This is driving demand for surgical procedures and propelling growth in the global operating room market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Operating Room Market Research Report
By Type
Modular, Integrated, Intensive Care Unit
By Application
Hospitals, Ambulatory Surgical Centers (ASCs), Others
By Companies
Admeco, ALVO Medical, BENQ Medical Technology, Biobase, Block, Bussman Medical & Research, Cadolto, Clestra, Fonar Corporation, HT Group, IMRIS, Klimaoprema, KLS Martin Group, Medical Solution, Modul technik, MS Westfalia, Operamed, Richard Wolf, SHD, Stryker Berchtold, Transumed, Yorkon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Operating Room Market Report Segments:
The global Operating Room market is segmented on the basis of:
Types
Modular, Integrated, Intensive Care Unit
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers (ASCs), Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Admeco
- ALVO Medical
- BENQ Medical Technology
- Biobase
- Block
- Bussman Medical & Research
- Cadolto
- Clestra
- Fonar Corporation
- HT Group
- IMRIS
- Klimaoprema
- KLS Martin Group
- Medical Solution
- Modul technik
- MS Westfalia
- Operamed
- Richard Wolf
- SHD
- Stryker Berchtold
- Transumed
- Yorkon
Highlights of The Operating Room Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Modular
- Integrated
- Intensive Care Unit
- By Application:
- Hospitals
- Ambulatory Surgical Centers (ASCs)
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Operating Room Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An operating room is a specialized area in a hospital where surgery is performed.
Some of the major companies in the operating room market are Admeco, ALVO Medical, BENQ Medical Technology, Biobase, Block, Bussman Medical & Research, Cadolto, Clestra, Fonar Corporation, HT Group, IMRIS, Klimaoprema, KLS Martin Group, Medical Solution, Modul technik, MS Westfalia, Operamed, Richard Wolf, SHD, Stryker Berchtold, Transumed, Yorkon.
The operating room market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Operating Room Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Operating Room Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Operating Room Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Operating Room Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Operating Room Market Size & Forecast, 2020-2028
4.5.1 Operating Room Market Size and Y-o-Y Growth
4.5.2 Operating Room Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Modular
5.2.2 Integrated
5.2.3 Intensive Care Unit
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers (ASCs)
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Operating Room Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Operating Room Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Modular
9.6.2 Integrated
9.6.3 Intensive Care Unit
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers (ASCs)
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Modular
10.6.2 Integrated
10.6.3 Intensive Care Unit
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers (ASCs)
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Modular
11.6.2 Integrated
11.6.3 Intensive Care Unit
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers (ASCs)
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Modular
12.6.2 Integrated
12.6.3 Intensive Care Unit
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers (ASCs)
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Modular
13.6.2 Integrated
13.6.3 Intensive Care Unit
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers (ASCs)
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Operating Room Market: Competitive Dashboard
14.2 Global Operating Room Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Admeco
14.3.2 ALVO Medical
14.3.3 BENQ Medical Technology
14.3.4 Biobase
14.3.5 Block
14.3.6 Bussman Medical & Research
14.3.7 Cadolto
14.3.8 Clestra
14.3.9 Fonar Corporation
14.3.10 HT Group
14.3.11 IMRIS
14.3.12 Klimaoprema
14.3.13 KLS Martin Group
14.3.14 Medical Solution
14.3.15 Modul technik
14.3.16 MS Westfalia
14.3.17 Operamed
14.3.18 Richard Wolf
14.3.19 SHD
14.3.20 Stryker Berchtold
14.3.21 Transumed
14.3.22 Yorkon
