Asia Pacific Operating Room Equipment Market has been estimated at USD 5.73 billion in 2022. It is projected to reach USD 7.39 billion by 2027, growing at a CAGR of 5.2% from 2022 to 2027.
The operating room is a facility where all the operations are performed to treat different pathological and physiological conditions in a sterile environment. Operating rooms are also known as the operating suite or operation theatre. An operating room is prepared with technically advanced equipment that offers enhanced operational efficiency by enabling surgeons and other healthcare professionals with greater flexibility and ease of handling.
The key driver of market expansion is an increase in patients visiting hospitals with various diseases. In addition, the increase in the geriatric population has increased the demand for operating room equipment to a significant degree during the forecast period.
The APAC operating room equipment market is increasing in accordance with the increased demand for minimally invasive surgeries. In addition, the growing awareness of the importance of maintaining sanitary conditions in operating rooms is driving up the market demand.
The development of the Asia pacific operating room equipment market is fueled by the rapid increase of technical innovation in medical equipment. In addition, an expansion in the majority population, an increase in the demand for hybrid operating theatres in advanced nations, and sophisticated operating room equipment are among the reasons driving the market for operating room equipment.
The industry is predicted to develop as emerging nations’ medical infrastructure improves, interest in foreign hospital networks grows, and collaboration between hospitals and foreign investors grows.
Growing government and non-government investments in healthcare facilities generate lucrative growth prospects for the operating room equipment industry. The desire for convenient and adaptable devices while performing the surgeries for significant results is projected to exceed the APAC operating room equipment market demand.
However, The high cost of the most recent medical device technology acts as a key limitation on the APAC operating room equipment market.
This research report on the APAC Operating Room Equipment Market has been segmented and sub-segmented into the following categories:
Multi-Parameter Patient Monitors
Surgical Imaging Devices
Operating Room Lights
General Operating Tables
Specialty Operating Tables
By End User:
Rest of APAC
The Asia Pacific operating room equipment market is one of the fastest-growing markets globally. However, the market is anticipated to witness significant growth during the forecast period. The growth of medical infrastructures and the improvement of health care assistance for individuals are predicted to propel the Asia Pacific market. Japan, China, India, Australia, and the rest of the Asia Pacific are the regions analyzed in the Asia Pacific region.
Many of the Asian countries are in the midst of tremendous development, which anticipates well for market growth possibilities from these growing economies. Furthermore, many of the market’s top corporations strive for this region as they become more exposed to improved technology, advanced surgical procedures, and healthcare infrastructure innovations. Finally, the region’s enormous population base and significant unmet demands attract numerous foreign investors looking to expand their business in emerging markets like India, China, and Singapore.
China held the largest share of the APAC operating room equipment market, and it is likely to continue its growth during the forecast period. The market growth is attributed to the high prevalence of chronic diseases, huge patient pools, and an increasing number of hospitals and healthcare facilities with enhanced infrastructure.
On the other hand, the Indian operating room equipment market is anticipated to witness a promising share in the coming years. Supportive government policies, improving the healthcare sector, and growing awareness of maintaining sanitary conditions in operating rooms are propelling the market growth.
Noteworthy companies dominating the Asia Pacific Operating Room Equipment Market profiled in this report are STERIS Corporation, Stryker Corporation, Drägerwerk AG & Co. KGaA, Getinge Group, Medtronic, Inc., Hill-Rom Holdings, Inc., Mizuho OSI, GE Healthcare, Philips Healthcare, and KARL STORZ GmbH & Co. KG.
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