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Global Surgical Booms Market Size study, by Product, by End User, by Installation, and Regional Forecasts 2024-2032

Global Surgical Booms Market Size study, by Product, by End...

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Global Surgical Booms Market Size study, by Product, by End User, by Installation, and Regional Forecasts 2024-2032
Global Surgical Booms Market Size...
Report Code
RO1/103/3209

Publish Date
16/Oct/2024

Pages
200
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The Global Surgical Booms Market was valued at approximately USD 433.29 million in 2023 and is projected to expand with a steady compound annual growth rate (CAGR) of 5.21% over the forecast period 2024-2032. Surgical booms, often referred to as equipment booms or medical booms, are advanced ceiling-mounted systems designed to streamline the organization and management of surgical equipment within operating rooms. These systems play a critical role in enhancing workflow efficiency by mitigating floor clutter, facilitating easy access to essential tools, and minimizing potential tripping hazards. Beyond these fundamental benefits, surgical booms also enable the seamless integration of cutting-edge medical technologies, thereby ensuring a sterile and efficient surgical environment. This, in turn, contributes significantly to improved patient outcomes, marking them as indispensable in modern healthcare settings.

The market for surgical booms is underpinned by several key drivers, notably the increasing number of surgical procedures driven by a global rise in chronic diseases and trauma cases. As surgeries become increasingly complex, the demand for organized and adaptable operating environments has escalated, fueling the need for advanced surgical infrastructure, including surgical booms. Moreover, technological advancements have further bolstered market growth, with innovations such as digital imaging systems, wireless communication, and ergonomically designed controls enhancing the functionality and versatility of surgical booms. The growing trend toward minimally invasive surgeries, which necessitates specialized equipment, also significantly drives demand.

The expanding healthcare infrastructure, particularly in emerging economies, presents substantial opportunities for market growth. These regions are witnessing significant investments in the construction of new hospitals and medical centers, as well as the modernization of existing facilities, which often includes the installation of state-of-the-art surgical booms. Furthermore, the global focus on patient safety and operational efficiency in hospitals is another pivotal factor supporting market expansion. Surgical booms contribute to these goals by ensuring a more organized and efficient workflow in operating rooms, which is increasingly prioritized in healthcare facilities worldwide. However, the market's growth is not without challenges. The high costs associated with the installation and maintenance of surgical booms pose significant barriers, particularly for smaller healthcare facilities or those in regions with constrained healthcare budgets. These financial hurdles can limit the adoption of surgical booms, particularly in resource-limited settings, potentially slowing the market's overall growth.

In 2023, North America dominated the surgical booms market, accounting for a significant share due to favorable reimbursement policies and strong government and non-government initiatives supporting research and innovation. The region's substantial healthcare demand, driven by a large population and high volume of medical procedures, underscores the importance of surgical booms in enhancing workflow efficiency. Meanwhile, the Asia Pacific region is anticipated to exhibit the fastest growth over the forecast period. This growth is largely attributed to the increasing demand for minimally invasive surgical procedures and rapid technological advancements being adopted across healthcare systems in the region.

Major market players included in this report are:
CV Medical LLC
Stryker Corporation
Hill Rom Holdings Inc.
Amico Group of Companies
Steris Plc
Ondal Medical Systems GmbH
Getinge Group
Pratibha Medinox
Skytron LLC
Palakkad Surgical Industries
The detailed segments and sub-segment of the market are explained below:
By Product:
Equipment Booms
Utility Booms
Anesthesia Booms
Custom Booms
By End User:
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Hybrid Operating Rooms
By Installation:
Roof Mounting
Floor Mounting
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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