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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