Global OT Equipment Market By Type (Integrated Operating Room, Surgical Camera System, Image Capture & Recording Device, Surgical Display and PACs Monitor, Surgical Light Source, Surgical Headlight, Surgical Lighting, Medical Printers, Surgical Tables, Surgical Boom, Insufflation Devices, & Surgical Microscopes), & By Geography - Analysis & Forecast to 2019
The operating theatre is a sterile facility in a hospital or clinic to perform surgical procedures to treat physiological and pathological conditions. An OT majorly consists of special equipment such as emergency resuscitative devices, respiratory and cardiac support, diagnostic tools and patient monitors. Over the years there has been a constant change in the facilities and technology used in an OT. A hybrid OT is an example of technological advancement that has occurred throughout the years. A hybrid OT consists of the operating equipment along with imaging equipment such as CT and MRI, thus adding in intraoperative diagnostics. The OT is gaining increasing acceptance due to the various advantages and benefits it provides.
The major factors driving this market are advancement and innovation in technology, growing demand for hybrid operating rooms and increasing ambulatory centers. High cost of the operating equipment is the major barrier in the growth of the OT equipment market. With the advancement in technology minimally invasive techniques are expected to be used in all procedures thus increasing integration. This trend is expected to grow in the forecasted period resulting in complete integration of OTs.
The report - OT equipment market is analyzed and segmented on the basis of types and geography.
The type segment is further segmented into integrated operating room, surgical camera system, image capture and recording device, surgical display and PACs monitor, surgical light source, surgical headlight, surgical lighting, medical printers, surgical tables, surgical boom, insufflation devices, and surgical microscopes.
On the basis of geography, the OT equipment market report studies major regions, such as North America, Europe, Asia and Rest of the world (RoW). Where North America has the highest share followed by Europe. This is due to factors such as up gradation or replacement of equipment with technologically advanced equipment in the operating theatre. Developing regions such as the Asian region are slowing adopting the usage of this technologically advanced equipment due to rising healthcare awareness, increasing disposable income and increasing medical tourism in the Asian regions.
The major players in this market are Stryker Corporation (U.S.), Getinge Group (Sweden), TRUMPF (Germany), Steris Corporation (U.S.), Starkstrom (U.K.), ConMed Linvatec (U.S.), Philips Healthcare (The Netherlands) and GE Healthcare (U.K.).
The major developments upon which the key players are focusing is profiled in detail in the report. The report also gives comprehensive and detailed insights about the segments in particular countries in the geographic analysis. It presents in-depth competitive landscape covering major developments in the region for last four years (2012 to 2015), and also the region specific company share analysis for the year 2014.