Operating Room Integration Systems Market Demand, Top Companies and Growth Forecasts Research To 2027

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Operating Room Integration Systems Market Demand, Top Companies and Growth Forecasts Research To 2027

The study methodologies used to examine the Operating Room Integration Systems market for the forecast period, 2020 – 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

Operating room integration systems provide a solution to the challenges facing the operating rooms. The modern operating rooms provide consolidated data and have audio and video links and displays for all surgical instruments at the central command center, enabling the surgeons to perform various procedures efficiently without the need to step beyond the operating rooms. Operational room integration solutions are designed for clinical procedures to optimize workflows, active support, and peer collaboration. The global market for operating room integration systems is forecast to be valued at USD 3.104.4 million by 2027, growing at a CAGR of 11.3%.

Market Drivers

The rising worldwide demand for personalized medicines and the increasing adoption of advanced healthcare technology in hospitals drive market growth. Increased demand for new technology, a growing amount of surgical operations, pollution in operating rooms (OR) in hospitals, patient welfare problems in OR combined with increased preference for moderately invasive surgery (MIS) are the key drivers of market growth.

Regional Outlook

North America led the industry with a share of 43.9% in 2019 in terms of revenue. The main factors driving the regional market’s growth are the growing demand for accessible healthcare services, increasing the need to reduce healthcare expenditure and the active acceptance of EHR by healthcare providers. The Asia Pacific operating room integration market is expected to expand significantly in the forecast period. Development is fueled by an increasing pool of patients suffering from chronic conditions involving surgical treatments and a growing need for advanced hospital medical devices.

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Key Highlights From The Report

By device type, the audio-video management systems of integration systems accounted for a revenue of USD 0.42 billion in 2019. These projected to rise with a CAGR of 11.4% in the forecast period; due to the increasing risk of breaking or pulling the essential cord during surgery or damage to any equipment, there is a high demand for MIS attributable to its associated advantages such as healthcare facilities.

By end-use, the ambulatory surgical centers expected to grow with a CAGR of 11.2% in the forecasted period due to the lack of hospital beds and scarce economic resources, outpatient surgery is increasingly performed, allowing physicians to achieve a more significant number of day-care surgical procedures.

By application, general surgery applications are significant contributors to the Operating Room Integration Systems Market, owing to the growing number of hospitals implementing MIS technologies involving integration systems, combined with the rising number of chronic diseases and needing surgical procedures.

North America dominated the market for Operating Room Integration Systems in 2019, attributable to the growing demand for surgical automation contributing to the growth of the regional market are increasing demand for affordable healthcare facilities, increasing the need to minimize healthcare spending, and the successful integration of EHR by healthcare organizations. The North America region held approximately 43.9% of the market share, followed by Europe, which held around 25.1% market share in the year 2019.

Key participants include Koninklijke Philips NV, Creative Health Tech Pvt. Ltd., Universal Robots, Yaskawa, KUKA, Techman Robot, Precise Automation, ABB, Rethink Robotics, and Hillrom Services Inc., among others.

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Device Type Outlook (Revenue, USD Billion; 2017-2027)

Audio Video Management System

Display System

Documentation Management System

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Hospitals

Ambulatory Surgical Centers (ASCs)

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

General Surgery

Orthopedic Surgery

Neurosurgery

Others

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Operating Room Integration Systems Market Segmentation & Impact Analysis

    4.1. Operating Room Integration Systems Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing demand in the packaging sector

                    4.2.2.2. Growth of the building & construction industry

                    4.2.2.3. Increasing usage in production of adhesive bandages

                    4.2.2.4. Surging demand from the APAC region

          4.2.3. Market restraints analysis

                    4.2.3.1. Volatility in the price of raw materials

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Operating Room Integration Systems Market By Resin Type Insights & Trends, Revenue (USD Million) 

Chapter 6. Operating Room Integration Systems Market By Substrate Insights & Trends Revenue (USD Million) 

Chapter 7. Operating Room Integration Systems Market By Distribution Channel Insights & Trends Revenue (USD Million) 

Chapter 8. Operating Room Integration Systems Market By Application Insights & Trends Revenue (USD Million) 

Chapter 9. Operating Room Integration Systems Market Regional Outlook

Continued…

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