"Operating Room Integration Market by Component (Hardware, Software, Service), Application (General, Orthopedic, & Cardiovascular Surgery), Device (Audio & Video Management, Display, Document Management), End User (Hospital, ASC) - Global Forecast to 2027", published by MarketsandMarkets™, the global Operating Room Integration Market is projected to reach USD USD 3.3 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 12.1% during the forecast period.
Browse in-depth TOC on "Operating
Room Integration Market"
133 – Tables
33 – Figures
197 – Pages
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Scope
of the Report:
The study categorizes the operating room integration
market based on product, type, technology, application, animal type, end user
at regional and global level.
Global Operating
room integration Market, by Component
- Introduction
- Software
- Services
Operating room
integration Market, By Device Type
- Introduction
- Display systems
- Document Management systems
- Audio & Video Management systems
- Other OR Integration devices
Operating room
integration Market, By Application
- Introduction
- General Surgery
- Orthopedic Surgery
- Cardiovascular Surgery
- Neurosurgery
- Thoracic Surgery
- Other Applications
Operating room
integration Market, By End User
- Introduction
- Hospitals
- Ambulatory Surgical Centers and Clinics
Global Operating
room integration Market, by Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest Of Europe
- Asia Pacific
- Japan
- China
- India
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of LATAM
- Middle East & Africa
The Growth in this OR Integration Market is driven
by the growing demand for technologically advanced solutions, the growing
number of surgical procedures, rising funding initiatives for improving HCIT
infrastructure, and increasing emphasis on cost control and efficiency
improvement in hospitals. However, the high setup and operational costs,
interoperability issues, and shortage of skilled surgeons in OR integration are
expected to restrain market growth to a certain extent.
By component, the software segment accounted for the
largest share of the operating room integration market in 2021.
The software segment is estimated to have the
largest share by value of the operating room integration market. OR integration
software helps streamline surgical workflows by enabling seamless communication
between different systems and ensuring the effective and easier operation of
these systems, preferably from a single source. Moreover, operating room
integration software helps reduce surgical times, improves coordination between
healthcare providers, and improves patient safety.
The orthopedic surgery segment is expected to
witness the highest growth rate in the operating room integration market, by
application.
Based on application, the orthopedic surgery segment
is expected to register the highest CAGR during the forecast period. Factors
responsible for the growth of this segment are recent technological advancements
in robot-assisted orthopedic surgeries, rising preference for minimally
invasive surgeries due to benefits in orthopedic applications (such as
decreased procedural trauma, faster patient recovery, and decreased hospital
stay).
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North
America dominated the operating room integration
market in 2021.
North
America accounted for the largest share of the OR
Integration market in 2021, followed by Europe and Asia Pacific.
The large share of North
America in the global market can be attributed to the
rising need to curtail healthcare costs, increasing patient preference for
minimally invasive surgeries (owing to procedural benefits such as the lower
risk of surgical-site infections, decreased patient injuries, and shorter
hospitalization times), growing adoption rate of integrated operating rooms
among healthcare providers, and the increasing number of ambulatory surgery
centers.
Stryker Corporation (US), STERIS Plc (US), Karl
Storz SE & Co. KG (Germany),
Olympus Corporation (Japan),
Getinge AB (Sweden)
are the major players in this market. These companies are majorly focusing on
the strategies such as agreements, collaborations, partnerships, and service
launches in order to remain competitive and further increase their share in the
Operating Room/OR Integration Market.
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