North America Operating Room Equipment Supplies Market, By Product (Instruments, Accessories), Applications (Orthopedic and Trauma Surgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries, Nephrology, Neurosurgeries, Oncosurgery, General Surgery, Others), End User (Hospitals, Specialty Surgical Centers, Ambulatory Surgery Centers), Country (U.S., Canada, Mexico, Rest of North America) – Industry Trends and Forecast to 2028.
Market Analysis and Insights: North America Operating Room Equipment Supplies Market
The operating room equipment supplies market is expected to witness market growth at a rate of 6.7% in the forecast period of 2021 to 2028. Data Bridge Market Research report on operating room equipment supplies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth in healthcare sector globally is escalating the growth of operating room equipment supplies market.
Operating room (OR), also known as an operating suite or operation theatre, refers to a facility for performing surgical procedures for treating various physiological and pathological conditions in a sterile environment. An operating room equipped with technically advanced equipment empowers interventionalists and surgeons with ease of handling and flexibility. ORs are generally equipped with precise instruments and equipment for ensuring enhanced operational efficiency and better patient-care.
The increase in the number of surgeries across the region acts as one of the major factors driving the growth of operating room equipment supplies market. The rise in popularity of minimally invasive procedures because of the various benefits such as reduced hospital stays, cost-effective procedures and lesser trauma, and increased investment in OR equipment accelerate the market growth. The surge in investments, funds, and grants by government bodies, and rise in number of regulatory approvals for operating room equipment further influence the market. Additionally, high healthcare expenditure, rise in health consciousness among consumers, investments to improve healthcare systems and growing geriatric population positively affects the operating room equipment supplies market. Furthermore, development of new operating rooms, and increase in the number of new hospitals and ambulatory surgery centers extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the operating room equipment and unfavorable healthcare reforms are expected to obstruct the market growth. Lack of trained professionals is projected to challenge the operating room equipment supplies market in the forecast period of 2021-2028.
This operating room equipment supplies market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on operating room equipment supplies market Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Operating Room Equipment Supplies Market Scope and Market Size
The operating room equipment supplies market is segmented on the basis of product, applications and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the operating room equipment supplies market is segmented into instruments and accessories.
- On the basis of applications, the operating room equipment supplies market is segmented into orthopedic and trauma surgeries, neurosurgeries, cardiovascular surgeries, gastrointestinal surgeries, nephrology, general surgery, oncosurgery and others.
- On the basis end user, the operating room equipment supplies market is segmented into of hospitals, specialty surgical centers and ambulatory surgery centers.
North America Operating Room Equipment Supplies Market Country Level Analysis
The operating room equipment supplies market is analyzed and market size insights and trends are provided by country, product, applications and end user as referenced above.
The countries covered in the North America operating room equipment supplies market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America operating room equipment supplies market due to rise in number of regulatory approvals for operating room equipment within the region. Canada is projected to witness high growth during the forecast period of 2021 to 2028 because of the increase in healthcare expenditure in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
North America operating room equipment supplies market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America operating room equipment supplies market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America operating room equipment supplies market. The data is available for historic period 2010-2019.
Competitive Landscape and North America Operating Room Equipment Supplies Market Share Analysis
The operating room equipment supplies market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to operating room equipment supplies market.
The major players covered in the operating room equipment supplies market report are Stryker, Medtronic, CONMED Corporation, STERIS plc., Olympus Corporation, Creative Health Tech Private Limited, AMTAI Medical Equipment, Inc., Brandon Medical Co Ltd, Smith & Nephew, Arthrex, Inc., FUJIFILM Holdings Corporation, KARL STORZ SE & Co. KG, Torontech Inc., Siemens, Mizuho OSI, Drägerwerk AG & Co. KGaA, Getinge AB, GENERAL ELECTRIC, Koninklijke Philips N.V., Hillrom Services Inc., and others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-