(Food-Beverage-News.Com, October 05, 2017 ) According to the report “Latin America Operating Room Equipment Market By Type (Anesthesia Machines, Electrosurgical Units. Multi-Parameter Patient Monitors, Surgical Imaging Devices (Mobile C-Arms, Mini C-Arms), Operating Room Lights, Operating Tables (General Operating Tables, Specialty Operating Tables)), & By End-User (Hospitals, Outpatient Facilities), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, The Latin America Operating Room Equipment market was worth USD 3.03 billion in 2016 and is forecasted to exhibit a CAGR of 4.2 % and reach USD 3.72 billion by 2021. The Operating Room Equipment market is predicted to showcase huge potential in the forecasting period.
Operating room is a facility where all the operations are performed on patients in order 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.
Some of the factors like technological advancement in the healthcare sector, rise in the number of ambulatory surgical centers, increase in the number of surgery procedure, the rise in the geriatric population and increase in the incidence and prevalence of chronic diseases are driving the market. But, high cost associated with latest medical device technologies acts as major restraint restraining the market.
The Latin America Operating Room Equipment market is broadly classified on the basis of type and end user. The segmentation on the basis of type is done under Anesthesia Machines, Electrosurgical Units. Multi-Parameter Patient Monitors, Surgical Imaging Devices, Operating Room Lights, Operating Tables. Surgical Imaging Devices is further fragmented into Mobile C-Arms, Mini C-Arms. Operating tables is further segmented into General Operating Tables, Specialty Operating Tables. On the basis of end user, market is categorized into Hospitals, Outpatient Facilities.
The market share by type is dominated by Anesthesia devices. Hospitals are expected to command largest share of market by end user. On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, Mexico and rest of Latin America.
Among various big companies in the Latin America Operating Room Equipment market, the major ones are: • STERIS Corporation • Stryker Corporation • Drägerwerk AG & Co. KGaA • Getinge Group • Medtronic, Inc. • Hill-Rom Holdings, Inc. • Mizuho OSI • GE Healthcare • Philips Healthcare • KARL STORZ GmbH & Co. KG.
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