The Global Surgical Booms Market Market size is expected to reach $596 million by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,28,772 Units, experiencing a growth of 4.4% (2019-2022).
Integration with advanced imaging and surgical devices allows surgeons to access real-time data, such as MRI or CT scans, directly within the operating room. Consequently, Hospitals segment would register 2/5th share in the market by 2030. Surgical booms with digital displays provide surgeons with high-quality images and video feeds during surgery. These displays can be used for visualizing patient data, medical images, and vital signs, aiding in diagnosis and treatment. Integrated surgical booms enable the seamless transfer of data and images to electronic health records (EHRs) and other hospital systems. This reduces manual data entry and improves the accuracy of patient records. Some of the factors impacting the market are Rising number of surgical procedures, Rapid advancements in surgical booms technology, and Lack of interoperability with various medical devices.
The continuous increase in surgical procedures, driven by factors including an aging population, the prevalence of chronic diseases, and advancements in surgical techniques, is a significant driver for the market. Surgical booms play a crucial role in optimizing the efficiency of surgical procedures. Surgical booms provide a streamlined and organized way to manage essential resources, including medical gases, electrical outlets, and equipment, reducing the risk of errors and delays during surgery. Additionally, Ongoing advancements in surgical booms technology have improved their functionality and versatility. These innovations include integrating advanced medical devices, high-definition displays, touch-screen interfaces, and wireless connectivity, making surgical booms more attractive to healthcare facilities looking to upgrade their operating rooms. Surgical booms are increasingly designed to integrate seamlessly with advanced medical devices used in surgery. This includes surgical robots, laparoscopic equipment, anesthesia machines, and imaging devices. Integration improves the accessibility and utilization of these devices during surgical procedures.
However, Surgical booms often need to interface with various medical devices, such as imaging equipment, anesthesia machines, and monitoring devices. Ensuring that these devices communicate effectively with the surgical booms is complex. Interoperability issues result in data transfer problems, delays, or errors during surgery. Lack of standardized communication protocols and compatibility between different surgical booms and medical devices can hinder interoperability. This requires additional hardware or software solutions to bridge the gap, increasing complexity and costs. Interoperability issues pose a significant challenge for the market.
By product type, the market is categorized into equipment boom, anesthesia boom, and others. The equipment boom segment covered a considerable revenue share in the market in 2022. Medical technology is developing quickly in the healthcare sector. These developments necessitate integrating diverse specialized equipment, including imaging devices (X-ray machines, C-arms, ultrasound), endoscopy equipment, and electrosurgical units. Equipment booms expedite the positioning and accessibility of these technologies, allowing surgical teams to utilize them effectively during procedures. The boom's integration of cutting-edge technology improves precision, accuracy, and overall procedure efficiency.
On the basis of end-use, the market is divided into hospitals, ambulatory surgical centres, dental clinics, and others. In 2022, the hospitals segment dominated the market with maximum revenue share. Hospitals are comprehensive healthcare facilities that provide a broad range of medical services, including various surgical specialties and procedures. The diverse requirements of hospital departments, including operating rooms, emergency departments, and intensive care units, drive the need for surgical platforms to manage equipment efficiently.
Based on installation, the market is classified into floor mounted and roof mounted. In 2022, the roof mounted segment witnessed the largest revenue share in the market. Roof-mounted platforms provide a high degree of placement and motion flexibility. They are simple to adjust to suit various operations and the preferences of the surgical team and can be placed precisely above the operating table or other locations where equipment is needed. This flexibility aids in enhancing procedural efficiency and workflow.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 388.9 Million |
| Market size forecast in 2030 | USD 596 Million |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 5.4% from 2023 to 2030 |
| Number of Pages | 359 |
| Number of Table | 690 |
| Quantitative Data | Volume in Units, Revenue in USD Million, and CAGR from 2019 to 2030 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Installation, Product Type, End Use, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the market by generating the highest revenue share. Due to factors such as the rise in surgical procedures, technological developments, and a focus on enhancing operating room effectiveness, the market has experienced continuous expansion. Many surgical procedures, including elective surgeries, minimally invasive surgeries, and complex surgeries, are performed in the North American region. Surgical booms optimize operating room space, organization, and throughput, making them essential for fulfilling the rising demand for surgical procedures.
Free Valuable Insights: Global Surgical Booms Market size to reach USD 596 Million by 2030
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include STERIS PLC, Amico Group of Companies, Stryker Corporation, Zimmer Biomet Holdings, Inc., Skytron, LLC, Dragerwerk AG & Co. KGaA, Getinge AB, Baxter International Inc., Ondal Medical Systems GmbH, TRUMPF SE + Co. KG
By Installation (Volume, Units, USD Million, 2019-2030)
By Product Type (Volume, Units, USD Million, 2019-2030)
By End Use (Volume, Units, USD Million, 2019-2030)
By Geography (Volume, Units, USD Million, 2019-2030)
This Market size is expected to reach $596 million by 2030.
Rising number of surgical procedures are driving the Market in coming years, however, Lack of interoperability with various medical devices restraints the growth of the Market.
STERIS PLC, Amico Group of Companies, Stryker Corporation, Zimmer Biomet Holdings, Inc., Skytron, LLC, Dragerwerk AG & Co. KGaA, Getinge AB, Baxter International Inc., Ondal Medical Systems GmbH, TRUMPF SE + Co. KG
In the year 2022, the market attained a volume of 1,28,772 Units, experiencing a growth of 4.4% (2019-2022).
The Anesthesia Boom segment acquired the highest revenue in the Market by Product Type in 2022 thereby achieving a market value of $313.8 million by 2030.
The North America region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $202.2 million by 2030.
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