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MediPoint: Operating Room Equipment - Global Analysis and Market Forecasts

MediPoint: Operating Room Equipment - Global Analysis and Market Forecasts

Summary

The ubiquity of operating tables, surgical lights, and supply units in operating rooms throughout the world has led to a steadily growing market for these standard OR equipment. Surgeons worldwide have always required the basic set of equipment to perform procedures. The market dynamics within each of the OR segments deserves analysis and explanation. OR tables, which can broadly be divided into manual and powered equipment, are experiencing unique technological and adoption trends in different geographies. In the surgical lighting space, halogen bulb lamps are giving way to modern light-emitting diode (LED) lights, which emit lower amounts of heat. An increased emphasis on equipment accessibility and ease of use is driving the overhead supply boom business forward.

OR equipment are experiencing steady growth across many countries. Emerging markets are expected to demonstrate the highest growth among the 10 market covered in the report, which are the US, France, Germany, Italy, Spain, UK, Japan, China, India, and Brazil.

The taxonomy of OR equipment included in this report covers OR tables, OR lights, and surgical booms.

Maquet Getinge, Steris, and Stryker are the key players in the international OR equipment space. These companies have maintained success by making important acquisitions, establishing beneficial partnerships, and providing a comprehensive portfolio of prominent brands to their customers.

The entire market will be driven by increasing volumes of surgical procedures (laparoscopic procedures, robotic surgeries), and increasing access to better surgical care.

Industry KOLs have highlighted the impact of sole sourcing and innovate portfolios on the entire market.

Highlights

Key Questions Answered

  • What is the current and future OR Equipment market outlook in the developed and emerging markets? What trends are affecting the global market?
  • Which are the key, high growth sectors of interest? Which markets segments are growing the fastest?
  • What are the unmet needs with brands currently on the market? How will future developments fulfill these unmet needs?
  • What are the challenges that have hindered widespread adoption?
  • How will emerging trends and changing market landscapes affect the future of this space?
Key Findings
  • Emerging economies are seeing the highest growth in the global OR equipment market.
  • OR tables make up the largest portion of the OR equipment market as defined in our taxonomy
  • The most successful firms involved are providing comprehensive portfolios, undertaking key M&A’s, fostering innovation, and wisely offering cost-saving bundling contracts to hospitals.
  • Rising numbers of different surgical procedures are the primary drivers of the OR equipment market. Despite respectable adoption, unmet needs and non-clinical barriers remain a challenge.
Scope
  • Overview of the major brands of OR tables, OR lights, and surgical booms in the market
  • Annualized total market revenue by segment and market outlooks by country through 2023
  • Key topics covered include strategic competitive assessment, market characterization, identification of unmet needs, evaluating market access, and implications of the emerging technologies on the market.
  • Analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each trend is independently researched to provide qualitative analysis of its implications.
Reasons to buy

The report will enable you to -
  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving the global market.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the global market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track device sales in the global and country-specific markets from 2014-2023.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.


1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Related Reports
3 Market Access
3.1 Regulatory Issues
3.2 Mergers, Acquisitions, and Key Partnerships
3.2.1 Hill-Rom and Trumpf
3.2.2 Stryker and Berchtold
3.2.3 Trumpf (Hill-Rom) and Intuitive Surgical
4 Unmet Needs
4.1 Overview
4.2 Minimizing Contact in the Operating Room
4.3 Modular Operating Room Tables
4.4 Safety and Maintenance
4.5 Balancing Advantages and Disadvantages of Mobile and Stationary Operating Tables
5 Competitive Assessment
5.1 Company Share Analysis
5.1.1 Global
5.1.2 US
5.1.3 5EU
5.1.4 APAC
5.2 International Players
5.2.1 Dräger
5.2.2 Hill-Rom
5.2.3 Getinge (Maquet)
5.2.4 Mindray Medical
5.2.5 Mizuho OSI
5.2.6 Skytron
5.2.7 Steris
5.2.8 Stryker
5.3 Important Local Players
5.3.1 BenQ Medical Technology
5.3.2 Cognate India
5.3.3 Eschmann Equipment
5.3.4 Dr. Mach
5.3.5 OPT SurgiSystems
5.3.6 Nuvo Surgical
6 Market Outlooks
6.1 Market Drivers and Barriers
6.1.1 Driver: Rising Number of Surgeries
6.1.2 Driver: Growth of Ambulatory Surgical Centers
6.1.3 Driver: Medical Tourism in Emerging Markets
6.1.4 Driver: Operating Room Integration
6.1.5 Barrier: High Cost
6.1.6 Barrier: Cumbersome Maintenance
6.1.7 Barrier: Pre-existing Contracts with Major Manufacturers
6.1.8 Barrier: Surgeon Preference
6.2 Market Outlooks by Segment
6.2.1 Global
6.3 Market Outlooks by Geography
6.3.1 Global
6.3.2 US
6.3.3 5EU
6.3.4 APAC
6.3.5 South America (Brazil)
7 Appendix
7.1 Bibliography
7.2 Abbreviations
7.3 Methodology
7.3.1 Overview
7.3.2 Coverage
7.3.3 Secondary Research
7.4 Forecasting Methodology
7.5 About the Authors
7.5.1 Shashank Settipalli, Senior Analyst, Medical Devices
7.5.2 Linda Tian, MSc, Managing Analyst, Medical Devices
7.5.3 Tyler Fletcher, Global Head of Medical Devices
7.6 About GlobalData
7.7 Disclaimer
1.1 List of Tables
Table 1: Dräger Company Profile
Table 2: Dräger SWOT Analysis, 2016
Table 3: Key Marketed Products from Dräger
Table 4: Hill-Rom Company Profile
Table 5: Hill-Rom SWOT Analysis, 2016
Table 6: Key Marketed Products from Hill-Rom
Table 7: Getinge Company Profile
Table 8: Getinge SWOT Analysis, 2016
Table 9: Key Marketed Products from Getinge
Table 10: Mindray Medical Company Profile
Table 11: Mindray Medical SWOT Analysis, 2016
Table 12: Key Marketed Products from Mindray Medical
Table 13: Mizuho Company Profile
Table 14: Mizuho SWOT Analysis, 2016
Table 15: Key Marketed Products from Mizuho OSI
Table 16: Skytron Company Profile
Table 17: Skytron SWOT Analysis, 2016
Table 18: Key Marketed Products from Skytron
Table 19: Steris Company Profile
Table 20: Steris SWOT Analysis, 2016
Table 21: Key Marketed Products from Steris
Table 22: Stryker Company Profile
Table 23: Stryker SWOT Analysis, 2016
Table 24: Key Marketed Products from Stryker
Table 25: BenQ Medical Technology Company Profile
Table 26: Key Marketed Products from BenQ
Table 27: Cognate India Company Profile
Table 28: Key Marketed Products from Cognate India
Table 29: Eschmann Equipment Company Profile
Table 30: Key Marketed Products from Eschmann Equipment
Table 31: Dr. Mach Company Profile
Table 32: Key Marketed Products from Dr. Mach
Table 33: OPT SurgiSystems Company Profile
Table 34: Key Marketed Products from OPT SurgiSystems
Table 35: Nuvo Company Profile
Table 36: Key Marketed Products from Nuvo Surgical
Table 37: Global Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 38: Global Market Value Forecast by Country for Operating Room Equipment, $m, 2014-2023
Table 39: US Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 40: 5EU Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 41: France Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 42: Germany Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 43: Italy Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 44: Spain Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 45: UK Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 46: Japan Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 47: China Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 48: India Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
Table 49: Brazil Market Value Forecast by Segment for Operating Room Equipment, $m, 2014-2023
1.2 List of Figures
Figure 1: Global Company Market Share, 2016
Figure 2: US Company Market Share, 2016
Figure 3: 5EU Company Market Share, 2016
Figure 4: APAC Company Market Share, 2016
Figure 5: Global Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 6: Global Market Forecast for Operating Room Equipment by Country, 2014-2023
Figure 7: Global Market Share by Country, 2016 & 2023
Figure 8: US Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 9: 5EU Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 10: France Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 11: Germany Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 12: Italy Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 13: Spain Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 14: UK Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 15: Japan Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 16: China Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 17: India Market Forecast for Operating Room Equipment by Segment, 2014-2023
Figure 18: Brazil Market Forecast for Operating Room Equipment by Segment, 2014-2023

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