(PharmaNewsWire.Com, November 28, 2017 ) According to the report Operating Room Equipment, published by Market Data Forecast, the Europe market is projected to reach USD 7.88 billion by 2022, at a CAGR of 3.7% from 2017 to 2022.
Operating room is a space at which all the operations are carried out on patients in order to treat various physiological and pathological ailments in a sterile condition, operating rooms are also called as the operation theatre or operating suite. An operating room is made with technologically advanced devices which offers increased operational efficiency by aiding surgeons and other healthcare professionals with ease of handling and larger flexibility.
Europe Operating Room Equipment: Drivers & Restraints
Operating Room Equipment market in this region is driven by factors such as growth in the number of ambulatory surgical centres, rise in the number of surgical procedures, technological advancement in the healthcare disciplines, growth in the aging population and rising incidence of chronic diseases among others. However, the market is constrained due to factors such as high price associated with latest medical device technologies among others.
Factors like rise in the number of surgical procedures and technological advancement in the healthcare disciplines are affecting the growth of this market positively. However, other factors such as high price associated with latest medical device technologies are restraining the growth of this market. By type, Anaesthesia devices has the largest market share and by end users hospitals is expected to have the largest share.
Europe Operating Room Equipment: Key Players
Some of the major companies dominating Europe Operating Room Equipment Market are KGaA Getinge Group, Medtronic, Inc., STERIS Corporation, Stryker Corporation, Mizuho OSI, GE Healthcare, Philips Healthcare, Drδgerwerk AG & Co., Hill-Rom Holdings, Inc. and KARL STORZ GmbH & Co. KG. among others.
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