Global operating room equipment & supplies market to reach $29.2B by 2020 — 5 highlights

The global operating room equipment & supplies market is expected to grow substantially through 2020, a Markets and Markets report found, according to whatech.

Here are five highlights:

1. In 2015, the market was valued at $24.31 billion.

2. The market is expected to hit $29.15 billion by 2020.

3. From 2015 to 2020, the market is anticipated to increase at a compound annual growth rate of 3.7 percent.

4. Increased regulation aimed at preventing hospital-acquired infections is spurring market growth.

5. Vendors include STERIS, Getinge Group, Stryker, Hill-Rom Holdings, Drägerwerk, GE Healthcare, Mizuho, Philips Healthcare, Medtronic and KARL STORZ.

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