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  • Operating Room Equipment Market Size OutLook 2020 : Transparency Market Research 0 comments
    Feb 26, 2014 7:14 AM | about stocks: TMRK, LCMD

    An operating room (OTC:OR) is a facility within a hospital or a clinic where various surgeries are performed on patients in order to treat different physiological and pathological conditions. Technological advancements have brought a lot of change in the way surgical procedures are carried out today. Operating rooms are becoming more spacious with new and advanced operating tables, operating room lights, high resolution and high definitionsurgical imaging displays, that have become an indispensable part of modern hybrid operating rooms.

    The market for operating room equipment can be broadly segmented into operating tables, OR lights, surgical booms, OR integration systems and surgical imaging displays. The operating tables market has been further segmented into general operating tables and specialty operating tables. In 2012, the operating tables segment held the largest share (30.6%) of the total market, followed by operating room lights. During the forecast period 2013 to 2019, the demand for general operating tables is expected to be stagnant or very slow and the overall growth will be offset by the increasing demand of specialty surgery tables. The OR integration systems market has been predicted as the fastest growing segment during the forecast period.

    Browse the report With Full TOC : http://www.transparencymarketresearch.com/operating-room-equipment.html

    Some of the major factors expected to drive growth of the OR equipment market during the forecast period include increasing number of ambulatory surgical centers (ASCs) across the globe, rising demand for a wide range of modern operating room equipment and growing trend for adopting hybrid operating rooms. According to the U.S. Medicare Payment Advisory Commission (MedPAC), during 2006 to 2010, the number of Medicare-certified ASCs increased by an average annual rate of 3.6% in the country, and this continuous increase in the number of ASCs is likely to contribute to the increasing demand for various operating room equipment. Hybrid ORs are an advanced form of operation theatres that involve integration of surgical function with imaging modalities and ensure enhanced operational efficiency. Hybrid operating rooms offer surgeons and other healthcare professionals greater operational flexibility by enabling easy access to various surgical as well as imaging equipment such as CT and MRI scanners.

    North America held the largest share in the global operating room equipment market in terms of revenue in 2012. One of the key factors responsible for this region to hold leadership position is the presence of major players in the U.S. that consider North American market as their primary market for revenue generation and thus many technological advancements are first introduced in this market. Europe held the second largest market in 2012, followed by Asia-Pacific. In Asia-Pacific, the market is expected to grow under the influence of factors such as the exponentially rising medical tourism industry, continuously improving healthcare infrastructure and increasing penetration by U.S. and Europe-based equipment manufacturers.

    Getinge Group, Stryker Corporation, Steris Corporation, TRUMPF GmbH + Co. KG, Berchtold Corporation, Skytron, LLC, Karl Storz GmbH & Co. KG, Eschmann Equipment, Mizuho OSI and NDS Surgical Imaging, LLC are the major companies engaged in the development, manufacturing and commercialization of various operating room equipment. These players are in constant competition with each other in order to gain a competitive edge over others. These manufacturers supply their operating room equipment to small, mid and large-sized hospitals.

    Operating Room Equipment Market, by Product Type

    • Operating Tables
    • Operating Room Lights
    • Surgical Booms
    • Operating Room Integration Systems
    • Surgical Imaging Displays

    Operating Room Equipment Market, by Geography

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World (RoW)

    Related & Recently Published Reports by Transparency Market Research

    Orthopedic Devices Market (Hip, Knee, Spine, Shoulder, Elbow, Foot and Ankle, Craniomaxillofacial and Other Extremities) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

    Orthopedic devices are used to restore skeletal structure and joint movements in various types of fractures, abnormal growth of bones, soft tissue damage, trauma or other deformities. These devices can be surgically implanted or externally attached through minimally invasive procedures and hence can be classified as joint implants, internal and external fixation devices. Demand for orthopedic procedures is expected to grow in the near future owing to the increase in geriatric population and obesity across the globe.

    The major orthopedic device segments such as joint implants, internal and external fixation devices have been further analyzed on the basis of anatomical locations namely, hip, knee, shoulder, elbow, foot and ankle and other extremities. Spinal orthopedic devices have been segmented into joint implants and internal fixation devices, while craniomaxillo facial devices market include estimations only for internal fixation devices. Various emerging technologies such as bio-absorbable implants and minimal invasive procedures currently form major drivers for the growth of this market. The global orthopedic devices market was valued at USD 29.2 billion in 2012 and is expected to grow at a CAGR of 4.9% from 2013 to 2019, to reach an estimated value of USD 41.2 billion in 2019.

    About Us

    Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

    Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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    Stocks: TMRK, LCMD
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