China Operating Room Equipment Market Size & Outlook
China operating room equipment market, 2018-2030 (US$M)
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China operating room equipment market highlights
- The China operating room equipment market generated a revenue of USD 3,486.9 million in 2023 and is expected to reach USD 5,979.6 million by 2030.
- The China market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, anaesthesia was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Operating room equipment market data book summary
| Market revenue in 2023 | USD 3,486.9 million |
| Market revenue in 2030 | USD 5,979.6 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anaesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Getinge AB ADR, Stryker Corp, Siemens Healthineers AG ADR, GE HealthCare Technologies Inc Common Stock, Steris PLC, Skytron, Draegerwerk AG & Co KGaA, Baxter International Inc |
Other key industry trends
- In terms of revenue, China accounted for 7.6% of the global operating room equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan operating room equipment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,159.4 million by 2030.
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Operating Room Equipment Market Scope
Operating Room Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China operating room equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to operating room equipment market will help companies and investors design strategic landscapes.
Anaesthesia was the largest segment with a revenue share of 29.61% in 2023. Horizon Databook has segmented the China operating room equipment market based on anaesthesia, endoscopes, electro surgical devices, surgical imaging, or tables, or lights, patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
China is one of the fastest emerging economies in the world and has a large potential market. The region has a huge population base with a large patient pool. The faster aging population and improving healthcare infrastructure in the region are increasing the demand for efficient healthcare services and medical devices.
According to the China Association of Medical Device Industry (CAMDI), China has become world’s second largest medical devices market. The government is investing in healthcare infrastructure and for improvement of healthcare services delivered to the citizens.
The data by Maine International Trade Center states that China has around 16,000 hospitals out of which 85% are publicly owned hospitals. There has been a growing interest of foreign investors in Chinese hospital space.
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Our clientele includes a mix of operating room equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China operating room equipment market , including forecasts for subscribers. This country databook contains high-level insights into China operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China operating room equipment market size, by product, 2018-2030 (US$M)
China Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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