Beyond the Horizon: Forecasting the Surgical Booms Market from 2022 to 2029

The global Surgical Booms Market, valued at approximately US$ 276.0 Million in 2022, is poised for substantial growth with a projected Compound Annual Growth Rate (CAGR) of 4.7% between 2022 and 2029.

The global Surgical Booms Market, valued at approximately US$ 276.0 Million in 2022, is poised for substantial growth with a projected Compound Annual Growth Rate (CAGR) of 4.7% between 2022 and 2029. By the end of the forecast period, the market is expected to surpass a valuation of US$ 380.2 Million, fueled by the escalating adoption of modern equipment management systems in hospitals and ambulatory surgical centers.

The surge in demand for advanced operating room settings has led healthcare professionals to increasingly embrace innovative digital solutions, including surgical booms. These sophisticated medical equipment have proven instrumental in reducing wiring complexities and enhancing overall safety within operating rooms. The rising adoption of surgical booms across various healthcare infrastructures is a significant driver for the market's growth.

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Key Market Insights:

  • The global Surgical Booms Market is anticipated to grow at a moderate CAGR of 4.7% between 2022 and 2029.
  • The market is projected to surpass a valuation of US$ 380.2 Million by the end of 2029.
  • North America dominates the market, holding a substantial share of 51.0% in 2022, owing to a well-established healthcare infrastructure and the widespread adoption of digital equipment in surgical centers.

The North American region is expected to continue leading the global Surgical Booms Market. In 2022, it accounts for a massive share of 51.0%, driven by factors such as a robust healthcare infrastructure, the adoption of digital equipment in surgical centers, and the presence of leading medical device companies.

As the demand for improved operating room settings intensifies, healthcare institutions worldwide are recognizing the indispensable role of surgical booms. These advanced systems not only contribute to operational efficiency but also play a crucial role in enhancing overall safety within the healthcare environment.

Key Takeaways: Surgical Booms Market 2022-2029

Market Growth:

  • The global surgical booms market is expected to grow at a steady CAGR of 4.7% between 2022 and 2029, reaching a valuation of US$ 380.2 million by 2029.
  • This moderate growth reflects the increasing adoption of modern equipment management systems in hospitals and surgical centers.

Drivers of Growth:

  • Rising prevalence of chronic diseases: Leading to more surgeries and demand for efficient operating room setups.
  • Increase in surgical procedures: Driven by factors like aging population, improved healthcare access, and technological advancements.
  • Growing adoption of minimally invasive surgeries (MIS): Requiring specialized equipment management systems like booms.
  • Focus on improving operating room efficiency and staff safety: Surgical booms enhance workflow and reduce clutter.

Key Trends:

  • Digitalization: Integration of surgical booms with medical data systems and robotic surgery platforms.
  • Focus on sustainability: Development of energy-efficient and environmentally friendly booms.
  • Regional growth: Asia Pacific and Latin America expected to see the fastest market expansion due to rising healthcare spending.

Challenges:

  • High initial cost: Surgical booms can be expensive, hindering adoption in budget-constrained healthcare facilities.
  • Integration complexity: Requires careful planning and expertise for seamless integration into existing operating room infrastructure.
  • Cybersecurity concerns: Integration with digital systems raises data security and privacy issues.

Surgical Booms Market: Companies:

Some of the key players in the surgical booms market include

  • 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
  • among others.

Surgical Booms Market Taxonomy:

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
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East Africa

Sanket Badgujar

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