Product Code: GVR-4-68038-540-3
Operating Room Integration Market Growth & Trends
The global operating room integration market size is expected to reach USD 3.2 billion in 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR: 11.0% over the forecast period. Increasing redevelopment projects and the adoption of advanced healthcare IT solutions in hospitals is further boosting market growth. Operating Rooms (OR) are increasingly becoming complex and congested due to the requirement of devices during surgeries such as surgical lights, operating tables, and surgical displays. Integrated Operating Rooms (I-ORs) are becoming a solution for this complexity in ORs.
The modern operating room provides consolidated data and offers access to audio and video and controls for all surgical devices at the central command station, allowing the surgeon to achieve various tasks efficiently without the prerequisite to move near the OR. Other advantages of OR integration are that it minimizes manpower, maximize OR efficiency, takes less surgical time procedure, and manage patient surgical records.
Most of the Minimally Invasive Surgeries (MIS) such as TAVR, EAR, and laparoscopic procedures are performed in hybrid integrated OR. Surging patient preference for MIS is boosting market growth. MIS includes robotic surgeries and laparoscopic surgeries that have a wide range of applications in the medical sector.
In addition, hospitals have shifted their preference towards advanced MIS procedures for diagnosing chronic diseases. The preference is due to the benefits that this procedure provides such as lower postoperative complication rates, reduced ho0073 pital stay, less pain, and fast recovery time. It also provides high accuracy rate as compared to traditional open surgery. The aforementioned factors are anticipated to boost the demand for I-ORs over the forecast period.
The competitors operating in the market are focusing on other strategies such as mergers and acquisitions and collaborative agreements to mark their presence in the market. For instance, in January 2020, Brainlab declared its acquisition of Vision Tree Software. Vision Tree Optimal Care (VTOC) platform, provides EHR, research, and registry platform. The acquisition will provide an opportunity to capture data by point-of-care electronic forms and use them in efficient workflows. The strategies implemented by the leader in this vertical are further propelling market growth.
Operating Room Integration Market Report Highlights
OR integrated services are expected to witness the fastest growth rate in coming years owing to the growing demand from ambulatory surgical centers and hospitals
Based on devices, documentation management systems dominated the market in 2019 owing to the associated benefits such as data management with minimal errors
Demand for fully integrated solutions to automate surgical workflows is growing in accordance with the requirements to access all the necessary information on a single platform. This helps in expediting the surgical procedure and eliminates the need for various devices arranged all over in the operating room
The orthopedic surgery segment is anticipated to show lucrative CAGR owing to its growing demand
North America dominated the market as of 2019, attributable to supportive government initiatives promoting the adoption of surgical automation, telemedicine, and other advanced technologies to support the use of integrated solutions in operating rooms.
Market players are involved in extensive research for the development of cost-efficient and technologically advanced OR integration solutions. Subsequently, the introduction of such solutions is expected to provide this market with lucrative growth opportunities.
Table of Contents
Chapter 1 Research Methodology & Scope
- 1.1 Market Segmentation & Scope
- 1.1.1 Segment Scope
- 1.1.2 Regional Scope
- 1.1.3 Estimates & Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details Of Primary Research
- 1.4 Information or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis (Model 1)
- 1.7 List of Secondary Sources
- 1.8 List of Primary Sources
- 1.9 Abbreviations
- 1.10 Objectives
- 1.11 Market Definitions
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segment Outlook
- 2.3 Competitive Outlook
Chapter 3 Operating Room Integration Market Variables Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market Outlook
- 3.2 Penetration & Growth Prospect Mapping by Technology, 2019
- 3.3 User Perspective Analysis
- 3.3.1 Market Influencer Analysis
- 3.4 List of Key End Users
- 3.5 Regulatory Framework
- 3.5.1 Regulatory Landscape
- 3.6 Technology Overview
- 3.6.1 Operating Room Integration Market Timeline Analysis
- 3.7 Market Dynamics
- 3.7.1 Market Driver Analysis
- 3.7.1.1 Growing adoption of minimally invasive surgeries
- 3.7.1.2 Rising congestion in OR and demand to streamline surgical workflow
- 3.7.1.3 Increasing funding to improve OR infrastructure
- 3.7.2 Market Restraints Analysis
- 3.7.2.1 Lack of skilled healthcare professionals in emerging countries
- 3.7.2.2 High cost of implementation of integrated OR
- 3.8 Industry Analysis - Porter's
- 3.9 Operating Room Integration Market - SWOT Analysis, by Factor (Political & Legal, Economic, Social and Technological)
Chapter 4 Operating Room Integration Market: Competitive Analysis
- 4.1 Market Participation Categorization
- 4.2 Competitive Analysis
- 4.2.1 Company Market Position Analysis
- 4.2.2 Market Leader
- 4.2.3 Innovators
- 4.2.4 Vendor Landscape
- 4.2.4.1 List of emerging market players
Chapter 5 Operating Room Integration Market: Component Analysis
- 5.1 Component Business Analysis
- 5.1.1 Software
- 5.1.1.1 Software market estimates and forecasts, 2016 - 2027 (USD Million)
- 5.1.2 Services
- 5.1.2.1 Services market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 6 Operating Room Integration Market: Device Type Analysis
- 6.1 Device Type Business Analysis
- 6.1.1 Audio Video Mangement System
- 6.1.1.1 Audio Video Management System market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.1.2 Display system
- 6.1.2.1 Display System market estimates and forecasts, 2016 - 2027 (USD Million)
- 6.1.3 Documentation Management System
- 6.1.3.1 Documentation Management system market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 7 Operating Room Integration Market: Application Type
- 7.1 Application Type Analysis
- 7.1.1 General Surgery
- 7.1.1.1 General Surgery market estimates and forecasts, 2017 - 2027 (USD Million)
- 7.1.2 Orthopedic Surgery
- 7.1.2.1 Orthopedic Surgery market estimates and forecasts, 2017 - 2027 (USD Million)
- 7.1.3 Neurosurgery
- 7.1.3.1 Neurosurgery market estimates and forecasts, 2017 - 2027 (USD Million)
- 7.1.4 Other Surgery
- 7.1.4.1 Other Surgery market estimates and forecasts, 2017 - 2027 (USD Million)
Chapter 8 Operating Room Integration Market: End Use
- 8.1 End-use Business Analysis
- 8.1.1 Hospitals
- 8.1.1.1 Hospitals market estimates and forecasts, 2016 - 2027 (USD Million)
- 8.1.2 Ambulatory Surgical Centers
- 8.1.2.1 ASCs market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 9 Operating Room Integration: Regional Market Analysis, By Component, Device Type, Application, and End-use 2016 - 2027 (USD Million)
- 9.1 Regional Market Share Analysis, 2019 & 2027
- 9.2 Regional Market Dashboard
- 9.3 Regional Market Snapshot
- 9.4 Market Size, & Forecasts and Trend Analysis, 2019 to 2027
- 9.5 North America
- 9.5.1 North America Operating Room Integration market estimates and segment forecasts, 2016 - 2027 (USD Million)
- 9.5.2 U.S.
- 9.5.2.1 U.S. Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.5.3 Canada
- 9.5.3.1 Canada operating room integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.6 Europe
- 9.6.1 Europe Operating Room Integration market estimates and forecasts by countries, 2016 - 2027 (USD Million)
- 9.6.2 U.K.
- 9.6.2.1 U.K. Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.6.3 Germany
- 9.6.3.1 Germany Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.6.4 France
- 9.6.4.1 France Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.6.5 Italy
- 9.6.5.1 Italy Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.6.6 Spain
- 9.6.6.1 Spain Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7 Asia Pacific
- 9.7.1 Asia Pacific Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7.2 Japan
- 9.7.2.1 Japan operating room integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7.3 China
- 9.7.3.1 China operating room integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7.4 India
- 9.7.4.1 India Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7.5 Australia
- 9.7.5.1 Australia Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.7.6 Singapore
- 9.7.6.1 Singapore Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.8 Latin America
- 9.8.1 Latin America Operating Room Integration Market Estimates And Forecasts, 2016 - 2027 (USD Million)
- 9.8.2 Brazil
- 9.8.2.1 Brazil Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.8.3 Mexico
- 9.8.3.1 Mexico Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.8.4 Argentina
- 9.8.4.1 Argentina Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.9 MEA
- 9.9.1 MEA operating room integration market estimates and forecasts by countries, 2016 - 2027 (USD Million)
- 9.9.2 South Africa
- 9.9.2.1 South Africa Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
- 9.9.3 UAE
- 9.9.3.1 UAE Operating Room Integration market estimates and forecasts, 2016 - 2027 (USD Million)
Chapter 10 Company Profiles
- 10.1 Stryker
- 10.1.1 Company Overview
- 10.1.2 Financial Performance
- 10.1.3 Application Benchmarking
- 10.1.4 Strategic Initiatives
- 10.2 Braiblab AG
- 10.2.1 Company Overview
- 10.2.2 Application Benchmarking
- 10.2.3 Strategic Initiatives
- 10.3 Barco
- 10.3.1 Company Overview
- 10.3.2 Financial Performance
- 10.3.3 Application Benchmarking
- 10.3.4 Strategic Initiatives
- 10.4 Dragerwerk AG & Co. KGaA
- 10.4.1 Company Overview
- 10.4.2 Application Benchmarking
- 10.4.3 Strategic Initiatives
- 10.5 Steris
- 10.5.1 Company Overview
- 10.5.2 Financial Performance
- 10.5.3 Application Benchmarking
- 10.5.4 Strategic Initiatives
- 10.6 KARL STORZ SE & CO. KG
- 10.6.1 Company Overview
- 10.6.2 Application Benchmarking
- 10.6.3 Strategic Initiatives
- 10.7 Getinge AB
- 10.7.1 Company Overview
- 10.7.2 Financial Performance
- 10.7.2 Application Benchmarking
- 10.7.3 Strategic Initiatives
- 10.8 Olympus
- 10.8.1 Company Overview
- 10.8.2 Application Benchmarking
- 10.8.3 Strategic Initiatives
- 10.9 Care Syntax
- 10.9.1 Company Overview
- 10.9.2 Financial Performance
- 10.9.3 Application Benchmarking
- 10.9.4 Strategic Initiatives
- 10.10 Trilux Medical GmbH& Co.KG
- 10.10.1 Company Overview
- 10.10.2 Application Benchmarking
- 10.10.3 Strategic Initiatives