Report : Surgical Boom Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Installation ( Roof Mounted and Floor Mounted ); Product Type ( Equipment Boom, Utility Boom, Anesthesia Boom, and Custom Boom ); End-Use ( Hospitals, Ambulatory Surgical Centers, and Others ), and Geography
Roof Mounted Segment to Register Highest CAGR in Surgical Boom Market during 2020–2027
According to our new market research study on "Surgical Boom Market – Global Analysis and Forecast – by Installation, Product Type, and End-User," the global surgical boom market is expected to reach US$ 354.99 million by 2027 from US$ 252.08 million in 2019; it is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report highlights the trends prevailing in the global surgical boom market, and the drivers and deterrents pertaining to its growth.
Based on installation, the surgical boom market is segmented into roof mounted and floor mounted. The roof mounted segment held the largest share of the market in 2019, and the floor mounted segment is anticipated to register the highest CAGR of 4.8% during the forecast period. The roof mounted booms are ideal for the supply of electricity and medical gasses. The roof mounted booms allow easy addition and removal of medical gasses as per the hospital needs.
The surgical boom market growth is also attributed to the increasing number of surgeries, and the benefits of surgical booms such as flexibility, enhanced safety, and mobility. However, troublesome functioning of surgical booms in hybrid operating rooms restricts the market growth.
Steris Corporation, Stryker Corporation, Amico, Getinge Group, Dragerwerk AG & Co. KGaA, Skytron, C V Medical, Medicana, Hillrom, and Shenzhen Mindray Bio Medical Electronics Co., Ltd are among the prominent players operating in the surgical boom market. The key companies are focused on organic strategies to sustain their position in the market. For instance, in April 2019, Getinge announced the launch of Maquet PowerLED II in the US. The Maquet PowerLED II Surgical Light brings best in class technology to general and Hybrid operating rooms by enabling surgeons and staff to improve their surgical efficiency.
The Report Segments the Global Surgical Boom Market as Follows:
By Product Type