GVR Report cover Surgical Booms Market Size, Share, & Trends Report

Surgical Booms Market Size, Share, & Trends Analysis Report By Product Type (Equipment Boom, Anesthesia Boom, Other Boom), By Installation, By End-use, By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-4-68040-120-1
  • Number of Pages: 150
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2021
  • Industry: Healthcare

Report Overview

The global surgical booms market size was valued at USD 413.75 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.21% from 2023 to 2030. Major factors driving market growth include the rapid advancement of medical technology, growing demand for improved healthcare infrastructure, and increasing emphasis on patient safety. Additionally, continuous technological advancements in surgical procedures are prompting the need for specialized tools and equipment, which surgical booms can provide. These booms offer flexibility for modern surgical techniques such as minimally invasive procedures and robotic-assisted surgeries.

U.S. Surgical Booms market size and growth rate, 2023 - 2030

Furthermore, the growing emphasis on optimizing the workflow within operating rooms is one of the prominent drivers for the surgical booms market. Surgical procedures require numerous devices, monitors, and equipment to be readily available to the medical team. Surgical booms provide an organized solution by allowing the suspension and easy access to these tools. This streamlines the surgical process, reduces clutter, and enables medical professionals to focus more on patient care and less on equipment management.

Additionally, the limited space in operating rooms necessitates innovative solutions to maximize utilization. Surgical booms are a response to this challenge, as they eliminate the need for bulky equipment carts and storage units on the floor. By suspending equipment from the ceiling or walls, surgical booms free up valuable floor space, allowing for better maneuverability and a more efficient layout. This space optimization contributes to enhanced patient safety and efficient team coordination during critical procedures. Thus, these factors are positively impacting the market growth.

Product Type Insights

Anesthesia boom accounted for the largest market share with 52.12% in 2022. Anesthesia booms are specially designed to accommodate anesthesia machines and related equipment. Since anesthesia is an important component of surgical and medical procedures, having a dedicated boom for anesthesia equipment ensures that these devices are easily accessible, well-organized, and positioned optimally for administering anesthesia to patients. The availability of anesthesia booms contributes to the efficient and safe administration of anesthesia, which is essential for patient comfort and safety during surgeries. Thus, these factors are contributing to the segment’s growth.

The equipment boom segment is expected to exhibit a lucrative growth rate during the forecast period. The healthcare industry is experiencing rapid advancements in medical technology. These innovations require the integration of various specialized equipment, such as imaging devices (X-ray machines, C-arms, ultrasound), endoscopy equipment, electrosurgical units, and more. Equipment booms provide a streamlined solution for positioning and accessing these technologies, enabling surgical teams to utilize them effectively during procedures. The integration of advanced equipment into the boom enhances precision, accuracy, and overall procedural efficiency.

Installation Insights

Roof mounted segment dominated the market with a 59.87% market share in 2022. Roof-mounted booms offer a high degree of flexibility in terms of placement and movement. They can be positioned precisely above the surgical table or other areas where equipment is needed, and they can be easily adjusted to accommodate different procedures and surgical team preferences. This adaptability contributes to improved workflow and procedural efficiency.

Floor mounted segment is expected to grow at a lucrative rate during the forecast period. Floor-mounted surgical booms are generally easier to install compared to ceiling or wall-mounted options, which might require complex structural modifications. This ease of installation has enhanced its adoption in healthcare facilities that want to quickly implement equipment management solutions without extensive construction or renovation. These factors are further driving the segment’s growth.

End-use Insights

The hospitals segment captured over 29.90% revenue share in 2022.Hospitals are comprehensive healthcare facilities that offer a wide range of medical services, including various surgical specialties and procedures. The diverse needs of different departments within a hospital, such as operating rooms, emergency departments, and intensive care units, drive the demand for surgical booms to efficiently manage equipment specific to each area.

Global Surgical Booms market share and size, 2022

The ambulatory surgical centers (ASC) segment is expected to be the fastest-growing segment during the forecast period. ASCs offer cost-effective healthcare solutions compared to traditional hospital settings. Surgical booms contribute to this cost-effectiveness by improving procedural efficiency, reducing equipment setup time, and enhancing overall workflow. Moreover, ASCs often operate within compact facilities where space optimization is important. Surgical booms help in utilizing limited space effectively by minimizing the need for equipment carts or stands, thereby creating a clutter-free environment and improving staff mobility.

Regional Insights

North America dominated the market at 30.9% in 2022 owing to factors such as favorable reimbursement and government & and non-government initiatives to boost research and innovation.Moreover, the region's large population and significant healthcare demand contribute to a high volume of medical procedures performed. Surgical booms play a crucial role in managing the equipment required for these procedures, improving workflow, and reducing delays.

Surgical Booms Market Trends, by Region, 2023 - 2030

Asia Pacific market is expected to grow at a lucrative rate over the forecast period. The increasing demand for minimally invasive surgical procedures is contributing to the region’s market growth. Furthermore, rapid technological advancements are being adopted across healthcare systems in the region. Surgical booms align with this trend by accommodating advanced medical equipment and technologies, promoting better procedural efficiency and precision.

Key Companies & Market Share Insights

Some of the major players contributing to the surgical boom market are Steris, Baxter International Inc., Amico Group of Companies, Stryker, Zimmer Biomet, Getinge AB, Ondal Medical Systems, SKYTRON, LLC, Dragerwerk AG & Co. KGaA. New product launches, product innovation, and distribution agreements are some of the strategies adopted by the companies to retain their market share. For instance, in March 2023, Skytron, LLC announced of the SkyVision Ascend IP, the new addition to the company’s Ascend series. It enhances the procedural flow in each room according to the staff's requirements, thereby avoiding confusion, minimizing expenses, and reducing disorder. Some of the prominent players in the global surgical booms market include:

  • STERIS

  • Baxter International Inc.

  • Amico Group of Companies

  • Stryker

  • Zimmer Biomet

  • Getinge AB

  • Ondal Medical Systems

  • SKYTRON, LLC

  • Dragerwerk AG & Co. KGaA

Surgical Booms Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 433.29 million

Revenue forecast in 2030

USD 618.37 million

Growth rate

CAGR of 5.21% from 2023 to 2030

Base year for estimation

2022

Historic data

2018 - 2021

Forecast period

2023 - 2030

Quantitative units

Revenue in USD million/billion, and CAGR from 2023 to 2030

Report coverage

Revenue forecast, company share, competitive landscape, growth factors & trends

Segments covered

Product type, installation, end-use, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; UK; Germany; France; Italy; Spain; Denmark; Sweden; Norway; China; Japan; India; Australia; South Korea; Thailand; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait.

Key companies profiled

STERIS; Baxter International Inc.; Amico Group of Companies; Stryker; Zimmer Biomet; Getinge AB; Ondal Medical Systems; SKYTRON, LLC; Dragerwerk AG & Co. KGaA

Customization scope

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

Global Surgical Booms Market Report Segmentation

This report forecasts revenue growth at global, regional, & country levels as well as provides an analysis on the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global surgical booms market report on the basis of product type, installation, end-use, and region.

Global Surgical Booms Market Report Segmentation

  • Product Type Outlook (Revenue, USD Million, 2018 - 2030)

    • Equipment Boom

    • Anesthesia Boom

    • Other Boom

  • Installation Outlook (Revenue, USD Million, 2018 - 2030)

    • Floor Mounted

    • Roof Mounted

  • End-use Outlook (Revenue, USD Million, 2018 - 2030)

    • Hospitals

    • Ambulatory Surgical Centers

    • Dental Clinics

    • Others

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Denmark

      • Sweden

      • Norway

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia

      • South Korea

      • Thailand

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East & Africa

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

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