The Operating Room Equipment and Supplies Market in North America is predicted to be the largest in the world

The operating room equipment and supplies market is expected to grow at a CAGR of 3.7 percent over the following five years, from USD 24.31 billion in 2015 to USD 29.15 billion in 2020. (2015 to 2020). The growing number of hospitals, increasing patient preference for minimally invasive surgeries, growing number of regulatory approvals for operating room equipment, and growing number of geriatric population coupled with the increasing number of surgeries are all factors contributing to the overall operating room equipment market's growth.



The operating room equipment market in Asia-Pacific is predicted to grow at the fastest rate in the coming years. Growing number of hospitals in Asia, increasing number of German-Asian partnerships in Asia, government initiatives to increase the number of doctors in China, Japan's growing healthcare industry, government funding in India, favourable healthcare system and conferences in Australia, increasing medical tourism in Thailand and Singapore, and increasing medical tourism in Thailand and Singapore are all factors contributing to the region's rapid growth.

The Operating Room Equipment and Supplies Market in North America is predicted to be the largest in the world. North America's market dominance can be linked to hospital investments in operating room upgrades, an increase in the number of surgical procedures, an increase in the number of ambulatory surgery centres, and an increase in the prevalence of cardiovascular disease in the United States. Rising public and private investments, the installation of a new funding model for Canadian hospitals, and conferences on operating room equipment and supplies are all driving market expansion in Canada.

In 2015, operating room supplies are predicted to account for the biggest proportion of the market and increase at the fastest rate. The fastest-growing segment of the operating room equipment market is chronic disease, which is driven by an increase in the number of surgical procedures and a growing geriatric population. Furthermore, governments around the world are enacting regulations to ensure that hospitals have the necessary infection control standards in place to avoid the spread of HAIs (hospital-acquired infections), which is driving increasing demand for operating room supplies.

Some of the major players in the Operating Room Equipment and Supplies Market include STERIS Corporation (US), Getinge Group (Sweden), Stryker Corporation (US), Hill-Rom Holdings, Inc. (US), Drägerwerk AG & Co. KGaA (Dräger) (Germany), GE Healthcare (UK), Mizuho OSI (US), Philips Healthcare (The Netherlands), Medtronic, Inc. (Ireland), and KARL STORZ GmbH &

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