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Operating Room Integration Market | Acumen Research and Consulting

Operating Room Integration Market (By Components: Software and Services; By Device Type: Audio Video Management System Forceps, Display System, and Documentation Management System; By Application: General Surgery, Orthopedic Surgery, Neurosurgery, and Others; By End Use: Hospitals and Ambulatory Surgical Centers (ASCs)) – Global Industry Analysis, Market Size, Opportunities and Forecast 2021-2028

Published : Oct 2021

Report ID: ARC2819

Pages : 250

Format : Operating Room Integration Market (By Components: Software and Services; By Device Type: Audio Video Management System Forceps, Display System, and Documentation Management System; By Application: General Surgery, Orthopedic Surgery, Neurosurgery, and Others; By End Use: Hospitals and Ambulatory Surgical Centers (ASCs)) – Global Industry Analysis, Market Size, Opportunities and Forecast 2021-2028

Summary Table of Content Customization Download Sample Infographics

The global operating room integration market was US$ 1.58 Bn in 2020 and is anticipated to register a CAGR of 11.2% from 2021-2028.

Market Dynamics

An increasing number of patients suffering from chronic diseases, rising demand for minimally invasive surgical procedures across the globe is resulting in demand for advanced operating rooms which is expected to increase demand for operating room integration systems from hospitals. Cosmetic surgeries number across the globe is rising. In 2019, there were 4 million cosmetic surgical procedures performed in the US. As the geriatric population rising, the demand for minimally invasive surgery (MIS) among old age people is also increasing. MIS provides various benefits such as fast recovery, smaller incisions, less pain, etc. In order to provide MIS, the OR has to be equipped with advanced equipments. The operating room integration system provides the surgeon with better clarity during surgery. It helps them in providing a better communication system, multiple surgical monitors, and easy access to patient data. The pandemic has impacted the globe negatively by shattering the idea of having a better healthcare system. With the high peak in covid-19 cases in March 2021 in developing countries, hospital operating rooms witnessed the necessity for advanced systems and equipment. With the patient care at most priority, deployment of operating room integrated systems would connect and support the operating team by processing the information across the operating workflow. This is expected to augment the growth of target market. Major players approach towards enhancing the business through strategic acquisitions and partnership is expected to boost the market growth.

Report coverage

Market Operating Room Integration Market
Analysis Period 2017 - 2028
Base Year 2020
Forecast Data 2021 - 2028
Segments Covered By Components, By Device Type, By Application, By End Use, and By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled

Stryker, Brainlab AG, Barco, Getinge AB, Olympus, Dragerwerk AG & Co. KGaA, Steris, KARL STORZ SE & CO. KG, Care Syntax, and Trilux Medical GmbH & Co.KG.

Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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  • Karl Storz Endoscopy-America, Inc. and American Medical Depot entered into a strategic agreement in 2019 with Defense Logistics Agency (US). The focus was to deliver integrated operating room components for military services and federal civilian agencies.
  • Witnessing the high demand for advanced surgical platforms, the Getinge Company partnered with Verb Surgical Inc. in 2017 with the focus to develop next-generation surgical platform. The company introduced “Surgery 4.0” that is integrated with robotics, advanced visualization, advanced instrumentation, and operating room integration, attracting large number of customers.

The availability of favorable business policies from the government and largely untapped market in the developing region is attracting players to emerging economies. Factors such as high cost associated with the integration of advanced systems to present infrastructure and lack of skilled labor to handle these systems are expected to hamper the growth of global operating room integration systems market. In addition, the availability of advanced infrastructure in developing countries is expected to challenge the adoption of advanced devices limiting the market growth. However, redevelopment projects in emerging economies and increasing funding for improving the present OR, coupled with rising medical tourism in developing countries are factors expected to create new opportunities for players. In addition, focus on training skilled professionals is expected to support the revenue transaction of the operating room integration systems market.

Operating Room Integration Market Region Analysis, 2020

The market in North America is expected to account for a major revenue share in the global operating room integration systems market due to high government spending on the healthcare sector. Increasing demand from healthcare professionals for advanced operating rooms and the introduction of new solutions from major players in order to attract new customers are factors expected to boost the market in the region. In addition, the increasing need to reduce healthcare spending and preference for automating the surgical rooms is expected to support the market growth.

Operating Room Integration Market Segment Analysis, 2020

The global operating room integration systems market is segmented into component, device, application, and end-use. The component segment is divided into software and services. The application segment is bifurcated into general surgery, orthopedic surgery, neurosurgery, and others. Among applications, the general surgery segment is expected to account for significant revenue share in the global market. Consumers suffering from chronic diseases are on rise; with the availability of favorable reimbursement policies, preference for surgeries is increasing.

Competitive Landscape                                                                                                                   

Players operating in the global operating room integration systems market are Stryker, Brainlab AG, Barco, Getinge AB, Olympus, Dragerwerk AG & Co. KGaA, Steris, KARL STORZ SE & CO. KG, Care Syntax, and Trilux Medical GmbH& Co.KG.

Market Segmentation

Market By Components

  • Software
  • Services

Market By Device Type

  • Audio Video Management System Forceps
  • Display System
  • Documentation Management System

Market By Application

  • General Surgery
  • Orthopedic Surgery
  • Neurosurgery
  • Others

Market By End Use

  • Hospitals
  • Ambulatory Surgical Centers (ASCs)

Market By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Brazil 
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

How much was the global operating room integration market in 2020?

The global operating room integration market in 2020 was US$ 1.58 Bn

What will be the projected CAGR for global operating room integration market during forecast period of 2021 to 2028?

The CAGR of the global operating room integration market from 2021 to 2028 is above 11.2%.

Which region exhibited the fastest growing CAGR for the forecast period of 2021 to 2028?

Asia Pacific exhibited the fastest growing CAGR for the forecast period of 2021 to 2028

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