Surgical Booms Market Size, Share 2024, Impressive Industry Growth Report 2031

by faraz pathan on Dec 14, 2024 Business 152 Views

The global surgical booms market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Surgical booms are also known as equipment management systems (EMS) and are used to constrain electrical wiring from the various equipment used in the operating room. Additionally, they support organizing the space in the operating room and are suspended from the roof of the operating room. Further, they are available in several designs and utilities. The major factor driving the growth of the global surgical booms market is the increasing adoption of modern equipment management systems in hospitals across the globe. Moreover, the market is also growing owing to the increasing minimally invasive surgery (MIS) coupled with the rising number of surgical procedures owing to the prevalence of surgery-related disease globally. However, the high capital investment may hamper the growth of the market during the forecast period. 

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Some major players in the market include Stryker Corp., Hill Rom Holdings Inc., and Amico Group, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in November 2021, Olympus Innovation Ventures announced the launch of a $50 million fund to be distributed in both initial and follow-on investments. The fund was focused on early- and growth-stage startups building tech in the company’s areas of focus.

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Market Coverage

Segment Covered- 

  • By Installation
  • By Type
  • By Mobility
  • By End-Use

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Stryker Corp., Hill Rom Holdings Inc., and Amico Group, among others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Surgical Booms Market Report by Segment

By Installation

  • Roof Mounted
  • Floor Mounted

By Type

  • Equipment Boom
  • Utility Boom
  • Anesthesia Boom
  • Custom Boom

By Mobility

  • Free Standing
  • Mobile

By End-Use

  • Hospitals
  • Ambulatory surgical centers
  • Others

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

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