North America Operating Room Equipment Market Size & Outlook
North America operating room equipment market, 2018-2030 (US$M)
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North America operating room equipment market highlights
- The North America operating room equipment market generated a revenue of USD 16,461.1 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 16,461.1 million |
| Market revenue in 2030 | USD 27,217.2 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 36.0% of the global operating room equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 26,814.2 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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North America 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 29.78% in 2023. Horizon Databook has segmented the North America 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.
North America dominates the overall market for operating room equipment. The region experiences a growing base of aging population coupled with increasing volume of various surgeries being performed. The growing penetration of technology in managing the operating rooms, cutting down the costs, avoiding errors and improving the efficiency & quality of surgical care is driving the growth of the market in the region.
Furthermore, the growing demand for minimally invasive surgeries across the region is also propelling the growth of the market. There has also been an increasing investment in upgradation and in physical infrastructure of the operating rooms. In 2013, Foothills Medical Centre launched a hybrid trauma suite providing access to faster diagnosis and comprehensive treatment for the patients with severe traumatic injuries.
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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 continent-level data and insights on the North America operating room equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America operating room equipment market size, by country, 2018-2030 (US$M)
North America Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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